real estate: Proposed Bill Would Raise Tax Credit to $15,000 - 06/16/09 02:35 PM
A bill was introduced to the Senate on June 10th by Georgian Republican Johnny Isakson and co-sponsored by Senate Banking Committe Chairman and Democrat Chris Dodd which would raise the current federal first time homebuyer tax credit from $8,000 to $15,000. It would also eliminate many of the current restrictions. It would eliminate … (0 comments)
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real estate: 100% Financing Available for Veterans - 01/06/09 08:54 AM
Our mortgage parnter, Prosperity Mortgage, is now offering 100% financing for veteran's up to $625,500!!!! For sales prices over $625,500 the downpayment is 25% of the amount over $625,500. Provide us with a certificate of eligibility from the Department of Veterans Affairs for this fantastic loan program! Call me today for … (1 comments)
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real estate: New FREE Service Available - Voice Pad - 12/15/08 08:33 AM
I wanted to let you know that I am rolling out a brand new, innovative service for my friends, family, and clients called Voice Pad. It is a FREE service available to you anytime - 24 hours a day, 7 days a week, and it allows you to instantly obtain information … (2 comments)
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real estate: Real Estate Potentially Set to Rally - 12/01/08 11:40 AM
The Nov. 25 announcement of a Federal Reserve commitment to purchase $600 billion of mortgage-related debt from Fannie Mae, Freddie Mac and the Federal Home Loan Banks put immediate downward pressure on U.S. mortgage rates. Bankrate Inc. reports that average interest on 30-year fixed loans dropped to about 5.5 percent on … (0 comments)
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real estate: Existing Home Sales Rise - 10/28/08 08:41 AM
Existing single-family home sales jumped 6.2% in September to its highest level in more than a year, according to figures released by the National Association of Realtors. NAR reported that sales of previously owned homes rose on a seasonally adjusted annual rate to 4.62 million units in September compared to 4.35 … (0 comments)
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real estate: 10 Things Going RIGHT With the Economy - 10/28/08 08:36 AM
(SOURCE: KIPLINGER.COM- Oct. 23, 2008)
"Gloomy" is the word most often used these days by Americans when polled about their future. According to Kiplinger.com newsletter quoting a most recent ABC News poll "a record 90% of registered voters say the country is seriously off on the wrong track."
TAKE HEART AMONGST … (0 comments)
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real estate: Warren Buffet Says, "Be Greedy" - 10/24/08 01:33 PM
Warren Buffett's quote, "A simple rule dictates my buying: Be fearful when others are greedy, and be greedy when others are fearful" is such a great lesson. Housing is where most of the US recovery plan dollars are being spent. Even Warren Buffett is buying real estate companies right now. Read … (0 comments)
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real estate: Open House Nightmares - 07/13/08 09:52 AM
Most real estate agents know that 99% of the time open houses do not sell homes. Typically, a serious and capable buyer uses a buyer's agent who shows them the property on a different day and time in the course of showing multiple properties that fit their needs. However, most sellers are … (8 comments)
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real estate: Rent Vs. Buy Side-by-Side Comparison - 06/16/08 11:39 AM
This chart was put together by our preferred lender, Prosperity Mortgage, and uses very conservative numbers on the buying side and very liberal numbers on the renting side. If you show me an investment vehicle that will earn me a 10% return, sign me up! :-) I thought the results were … (6 comments)
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real estate: The Housing Crisis Is Over - 05/12/08 01:42 PM
According to Wall Street Journal writer, Cyril Moulle-Berteaux, April of 2008 was most likely the bottom of the market. Click here to read this great article:
http://online.wsj.com/article/SB121003604494869449.html
Now, for all those of you out there who are on the fence waiting for the market to bottom out before you buy, this … (2 comments)
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real estate: Long & Foster Unveils New Foreclosure Search Engine - 03/16/08 09:25 AM
In the past, accurate foreclosure information was difficult to find and time consuming to compile. Long and Foster has released its new searchable foreclosure database for the greater D.C. metropolitan area. We believe that everyone should have access to information on below-market properties:
http://www.foreclosures.longandfoster.com/
… (2 comments)
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real estate: DC's Hottest Thing Going - NoMa - 03/13/08 02:58 PM
As I am sure many of you have heard, there is a huge amount of new development currently taking place (and slated to take place) in what is called the NoMa Business Improvement District of DC. NoMa is short for North of Massachusetts Avenue. Over the next 5 years, an enormous amount … (0 comments)
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real estate: Promising News - 03/12/08 05:12 PM
This is a great article just out by Scott Burns of MSN Money. It shows some comforting statistics. Among the better news, 99% of homes across the country are not in foreclosure. Though foreclosure rates have jumped significantly in the past year, less than 1% of homes are in foreclosure. Further, … (1 comments)
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real estate: Best Time To Buy In Past 4 Years - 03/04/08 03:59 PM
CNN Money says that now is the best time in the past four years to buy a home. Prices have dropped and interest rates remain at record lows.
http://money.cnn.com/2008/03/04/real_estate/markets_less_overvalued/index.htm?postversion=2008030413
… (5 comments)
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real estate: Investor's Paradise - 01/31/08 09:19 PM
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real estate: Adorable Cape Cod for Sale In Woodridge - 01/31/08 09:17 PM
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real estate: Economy.com Predicts Increased Sales in DC - 12/04/07 01:37 PM
"To find those areas which are expected to experience increased sales, Forbes paired with Moody's Economy.com to research current home sales patterns and sales projections in the country's 40 biggest real estate markets. Based on models that estimated 2008 housing inventory, sales rates and turnover, they arrived at a list of … (1 comments)
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real estate: Doom and Gloom - 11/28/07 11:18 AM
I know we all keep hearing reports of doom and gloom in the housing industry. Here is a link to just one of many I have read recently:
http://articles.moneycentral.msn.com/Banking/HomeFinancing/HousingCrunchsHardestHitCities.aspx
What is the first and foremost rule of investing? Buy low, sell high. Now, I know for those of you who are contemplating shopping for … (0 comments)
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real estate: Random Thoughts - 11/15/07 01:19 PM
Today, I am finalizing plans for a new method of building my business. Since farming mailers are expensive and not very effective because they lack personal contact, I was trying to come up with a way to make personal contact with potential clients. The downside here, of course, is that you … (9 comments)
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real estate: Neighborhood Spotlight: Glover Park - 11/13/07 04:52 PM
This week it is time to put a spotlight on my favorite DC neighborhood: Glover Park. I personally live in Glover Park, and I love it. The perfect thing about the area is that it is a wonderful combination of small town and big city. It's only drawback is that it … (1 comments)
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