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funds: You Are Rich. You Share With Me....Oopps "us". - 10/26/08 01:18 PM
Summary of real estate activities in Ventura County and general comments of political actions which may impact real estate.
For complete article go to www.venturacountyretalk.com
(1 comments)

funds: Cdn Gov't to Purchase up to $7billion of Mortgages - 10/21/08 02:54 PM
The Canadian Gov't announced today that they will, via their CMHC crown corporation, purchase up to $7billion of insured mortgage-based securities maturing in 2013.
The gov't purchased their first round of mortgages worth $5billion last Thursday.
This is forming part of the Cdn gov't $25billion plan to help banks weather the … (2 comments)

funds: US Fed Granting Up to US$540 billion to Money Market Funds - 10/21/08 02:07 PM
The U.S. Federal Reserve announced Tuesday that it will provide up to US$540 billion in financing to the money market mutual fund industry.  The Fed's new program is called the Money Market Investor Funding Facility.
This Facility will be used to support a private-sector initiative designed to provide liquidity, or cash, to money … (1 comments)

funds: LAWSUIT SETTLED.... MICHIGAN vs COUNTRYWIDE FINANCIAL ...Thank you Mike Cox - 10/08/08 11:22 PM
LANSING - Attorney General Mike Cox today announced a major settlement between the State of Michigan and Countrywide Financial, the nation's largest mortgage lender, resulting from allegations of predatory lending.  The settlement will provide relief for more than 10,000 current and former Michigan homeowners who are struggling with the national home … (8 comments)

funds: http://www.venturacountyretalk.com/2008/09/07/ventura-county-real-estate-doings-for-week-ending-september-6-2008/ - 09/07/08 12:12 PM
An interesting week to say the least.
It appears that Uncle Sam is going into the financial mortgage business with the pending (street talk) of a take over of Freddie Mac and Fannie Mae.
People are trimming down spending despite the small decrease in fuel prices.  Retail sales have not accelerated … (0 comments)

funds: http://www.venturacountyretalk.com/2008/08/25/trust-transfer-system/ - 08/25/08 09:46 PM
More than a simple land trust, this is a whole trust transfer system.
 
But why should you use it?
  
  What are the advantages?
Prevent the lender from exercising its "due on sale" clause
Be able to evict a defaulting buyer instead of having to foreclose on them
Get privacy, … (0 comments)

funds: Easy Transactions with ForexGen - 08/13/08 03:20 PM
ForexGen offers the easiest, simplest and fastest way of Forex funds depositing, withdrawing and transferring provided with Customer Support personnel available 24/7 In order to serve its clients any time all over the world. ForexGen cares for its clients' funds, so that ForexGen allow funding operations with guarantee of ForexGen itself … (0 comments)

funds: ForexGen Partnerships - 08/04/08 08:47 PM
We offer partners who are looking to grow their business the broadest range of equity and derivatives products, both exchange-traded and over-the-counter (OTC), adaptable partnership solutions, a quick and cost-efficient route to market and flexible commercial terms. We offer a variety of partnership solutions tailored to your needs: Introducing Brokers … (0 comments)

funds: Forex Trading Philosophy with ForexGen - 08/04/08 06:06 PM
Many beginning FOREX traders are captivated by the allure of easy money. FOREX websites offer 'risk-free' trading, 'high returns' 'low investment' – these claims have a grain of truth in them, but the reality of FOREX is a bit more complex. There are two common mistakes that many beginner traders … (0 comments)

funds: 1031 Exchange Questions You Should Ask - 07/30/08 02:41 PM
If you're doing 1031 tax exchanges, you'll want to make sure that your funds are safe. You don't want to wake up to find out that some guy skimmed $100 million of taxpayer funds and yours are part of it.Here are the questions you should ask to make sure your 1031 … (0 comments)

funds: FINTRAC - 07/22/08 03:18 PM
I recently attended a 3 hr. course offered through my real estate board regarding FINTRAC.  The new federal law being implemented to deter identity theft, ant terrorism and money laundering that requires us to get proper identification when acting for either the buyer or seller.  In addition to this we must also … (0 comments)

funds: http://www.venturacountyretalk.com/2008/07/20/ventura-county-real-estate-doing's-for-week-ending-july-19-2008/ - 07/20/08 11:02 AM
The County experienced a further decline in listings (see chart below); home sales as expected decreased (it is summer); days on the market for sold homes increased; and properties selling for $ 500,000 or less are moving the fastest.
Quite unsettling are the guru's who tell us how to handle money.  They are finding themselves knee deep … (0 comments)

funds: News letter-Trend & market demand for Institutional Real Estate Investment sales. - 07/17/08 10:47 AM
News letter-Trend & market demand for Institutional Real Estate Investment sales.
  Well Comrades it seems Acquisition demands in low density Multi family and single family homes (REO) and new completed residential Builder product is up on demand from Hedge funds, Trust & Asset managers, etc. Most recent trend on core family living assets. Product such … (0 comments)

funds: Federal Reserve Leaves Fed Funds Rate at 2.00% - 06/25/08 01:43 PM
Fed Funds Interest Rate Unchanged
The Federal Reserve left the closely watched Fed Funds interest rate unchanged at 2.00%.  This is the first time that the Federal Reserve has not lowered rates since last summer. 
Federal Reserve Did Express Concern Over Inflation Worries
Mounting concern was also expressed about inflation … (4 comments)

funds: It's the Innuendo, Not the Actions - 06/25/08 07:16 AM
The Federal Reserve Open Market Committee will adjourn its first meeting of the Summer today, and is expected to make an announcement at 2:15 PM regarding its decision to raise or lower interest rates.  At this point, virtually no one in the investing world expects the Fed to make any changes … (5 comments)

funds: Market Report 5/08 - 05/08/08 08:46 AM
Mortgage rates ended higher last week on stronger-than-expected jobs data, strong consumer spending, and an appetite for riskier investments. But, investors were most excited about the Federal Reserve's hint that its rate-cutting cycle may be over.
The week was quiet until Wednesday when the Federal Reserve voted to lower the Fed Funds … (0 comments)

funds: The Fed's "Non" Impact On Mortgage Rates - 04/30/08 08:28 AM
The Federal Open Market Committee adjourns from its two-day meeting at 2:15 P.M. ET today.  Markets expect the Fed to lower the Fed Funds Rate by 0.250 percent in its press release but it's not what the Fed does that matters to economy right now. 
It's what the Fed says.
If the … (0 comments)

funds: Looking for Private Investors and/or Private Lenders!!!!! - 04/19/08 05:11 PM
We are looking for Private Investors and Private Lenders who are interested in investing/partnering up with us. We have several deals in the works and are actively looking to raise funds for these projects. Please visit our website at www.SmartHomeSalesLive.com or contact us at John@SmartHomeSalesLive.com
P.S. Our properties are located in Indianapolis, … (4 comments)

funds: News Wire: City of LA programs take a hit - 03/28/08 01:08 PM
The mortgage crisis is steadily running its course through the economy and arguably has left not one sector or industry unscathed or at least threatened. And from where there is weakness, there is opportunity. Potential home buyers across the nation have realized a true "buyer's market" - defined by lowering interest … (0 comments)

funds: One of the ways to invest in India - 02/22/08 10:04 AM
India is one of the excellent economical growth stories of the 21st century. India is one of the fastest-growing countries in the developing world. India's powerful economic growth, coming from expansion in both services and manufacturing. India expanded in domestic product by around 9.5% in 2007  helping to make the economy … (0 comments)

funds: Ow Ow Ow... - 01/28/08 10:21 PM
 
(http://www.owiecream.com/)
 ...well, let's face it:
-the economy might be past the point of having Mommy kiss it and make it all better.
But people still move everyday.
They have to sell their homes every day.
They gotta buy another home somewhere else every day.
The banks are flooded with funds and the interest rates are so low-
you … (11 comments)

funds: Linn and Benton County Homebuyer Assistance Programs - 12/20/07 04:26 PM
You have found yourself in conversation about 1st time homebuyer assistance programs and didn't know exactly where to go, how hard it is, or who to trust.  As a local agent, and resident for almost 30 years, I savor the hard work to match eligible customers with these programs.  I have … (0 comments)

funds: Daly Report: The Fed Steps Up BIG! - 09/20/07 07:50 PM
 
Dear Friend,
Welcome to my blog I am sure you will find a benefit by the time you get to the end of this quick read.
The mortgage business has definitely held the spotlight this summer.
We all saw the headlines………
            Sub-prime Meltdown
            Liquidity Crunch
            … (1 comments)

funds: Lower Fed Rate Means Opportunities on the Rise - 09/19/07 02:15 PM
Lower Fed Rate Means Opportunities on the Rise For the first time in more than four years, the Federal Reserve cut its Fed Funds Rate, which directly impacts millions of American borrowers. And while this important decision has many implications, there&rsquos still some debate among experts about what this means to … (0 comments)

funds: $5 Million in Broward County Funds Available for Organizations that Help Reduce Child Abuse - 08/21/07 01:51 PM
There is about $5 million dollars available for organizations that provide the research based approach to strengthen families and reduce child abuse and neglect in Broward County. 
The funds are provided by the Children's Services Council.  Applications from non-profit, for-profit and governmental organizations are encouraged.  You can pick up an application … (0 comments)

funds: Florida State Funds Help Reinforce Homes Against Hurricanes - 08/21/07 01:14 PM
Single family homeowners can now apply for up to $5,000 in state funds to help strengthen their homes against hurricanes.  There are guidelines that must be met for qualification purposes, they are as follows:
Property must be currently insured for windstorm damagesMust be the homeowner's "Homestead Property"The property value may NOT exceed … (0 comments)

funds: Market Pressure Cooker - 08/18/07 10:18 AM
This article written on CNNMoney.com site is interesting and while the general gist of the article is a bit slanted towards polyanna (the market jitters from last week and the US Fed $37 billion cash infusion (not to mention the euro infusion) is good for the market) doesn't really address the … (0 comments)

funds: Got Good Funds? - Georgia Real Estate Law Restrictions - 08/15/07 02:41 PM
A good friend Ansley at Okelley & Sorohan in Duluth sent out this great check list and I thought I should share it.
Ansley E. Campbell, Esq.
O'Kelley & Sorohan, Attorneys at Law, LLC
2170 Satellite Boulevard; Suite 375
Duluth, GA 30097
acampbell@oslawllc.com

(770) 942-1577

Over 100 mortgage … (1 comments)

funds: ABC or American Home Mortgage - 08/01/07 07:48 AM
Looks like we lost another lender.  That is why you NEVER record a mortgage or disburse funds until you are funded from the bank.  Has anyone been stuck yet?  I heard they stopped funding loans.  There stock has dropped all the way to a buck!  Too Bad.  What a shame.  Its … (4 comments)

funds: Business Ethics, Changing Times - 07/24/07 08:07 AM
Good morning Active Rainers! I wanted to touch on a subject regarding the current market and the subsequent change of ethics when conducting business.
When Rosser Reeves published his classic book,  Reality in Advertising in 1961, he introduced  the notion of USP - Unique Selling Proposition. The distinguishing factor that makes you … (7 comments)

funds: Graveyard of the Atlantic Museum Short on Funds - 06/07/07 08:09 PM
The Graveyard of the Atlantic Museum in Hatteras Village might have to close it's doors this summer. The state of North Carolina has not funded the facility this year. The popular attraction is not finished yet but still there have been 9,000 people tour the museum so far this year.
It is … (0 comments)

funds: Hard Money Available.......... - 04/29/07 05:08 PM
We now have replenished funds for the second quarter and can fund projects within two week.  If you have the need for a fast close hard money is available right now !
      Acquisition | Permanent | Interim | Construction | Refinance
          Bridge Loans | Mezzanine | Asset Based Lending 
Common business and … (0 comments)

funds: Pembroke Pines and Broward County Cities - Purchase Assistance Programs (Down Payment, Closing Costs & other Cost with Purchase of a Home) - 04/21/07 11:17 PM
The Purchase Assistance Program is designed to provide down payment, closing cost, principal reduction, rehabilitation and other costs associated with purchasing a new or existing eligible home. (The purchase assistance program does not reimburse applicants for purchases made before an applicant received approval). Persons can apply for this program if they … (0 comments)

funds: Plantation Florida Residential Rehabilitation Program - Plantation Florida Real Estate - 04/21/07 11:10 PM
Up-keeping homes through residential rehabilitation maintain a community's housing stock, while promoting neighborhood revitalization and community sustainability. The City of Plantation 's Residential Rehabilitation Program is designed to provide minor home repair assistance to low and moderate income property owners who live in existing eligible homes. (The program does not reimburse … (0 comments)

funds: TAG, Your IT! - "Support Homeownership For All" - Florida - 04/20/07 12:08 AM
Tag, you're it!

"Support Homeownership For All!"  FAR's specialty license plate to support workforce housing is now available online, by mail or at your county tax collector's office.  To order visit: www.pointandpay.com.  You may order your tag online by entering either your vehicle PIN number or your current license plate number, … (6 comments)

funds: The Beige Book's Primary Reader: The Federal Open Market Committe (FOMC) - 10/10/06 11:56 PM
The Federal Reserve (The Fed) will soon publish its latest "Summary of Commentary on Current Economic Conditions by Federal Reserve District" or "Beige Book".  It will give a snapshot of the current economic conditions in each of the 12 Federal Reserve Districts.  The report is published two weeks prior to the Federal … (0 comments)

 
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