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DAILY NEWS AND ADVICE FROM REALTY TIMES 06/18/2008

Short sales are the most expensive aspect of any real estate transaction, due to the negotiations involved. It is extremely important to ask for more commission and reduce your time invested. It can easily be done by being more selective with the short sales you choose to work. FULL STORY->

New Jersey Estates/
Weichert Realtors

Paul S & Pat C

June 2008

LINKING THE LATEST TECHNOLOGY
TO OLD FASHIONED SERVICE

Daily News And Advice
Updated 10:55 AM CDT Today

Today's Feature Stories

Is Inflation Back?

A sudden rise in mortgage rates suggests that inflation may be the next marketplace worry. Columnist Peter G. Miller explains. FULL STORY->

Condo Trends: Toronto Value Appreciation to Continue

Good news continues for condo owners in Toronto, Ontario, according to two reports from Scotiabank and Canada Mortgage and Housing Corporation. After years of condo development growth -- almost mirroring the same type of growth in its U.S. counterparts -- the forecast is for a soft landing of the condo market over the next two years. FULL STORY->

Realty Viewpoint: Why We Need New Home Production To Fall

Unfortunately for them, home builders are paying a heavy price for overbuilding, building too far away from city centers, and building the wrong products for the population, but the real reason we need home building to retract even further than it already has is that we need a fall guy for the crimes of others. FULL STORY->

HOA Turnover Showtime

Homeowner association managers are a critical part of the turnover process from developer to elected homeowner board. But the devil is in the details and there are plenty of them to get this process right. FULL STORY->

How Top Producers Do Short Sales

Roofing For Less

Due diligence and a studied effort can save you thousands of dollars on the cost of a new roof, according to an independent analysis of the home topping home improvement. FULL STORY->

Headlines

Foreclosures Rip Into Home Ownership
Foreclosures are ripping into the ranks of home ownership at a greater rate than perhaps any other time. That's making it tough for new buyers to land home loans. FULL STORY->

New Homes: A Silver Lining in Today's Housing Market?
Could now be the time to build a new home? With some building costs the cheapest in years, some experts are saying, "Yes." FULL STORY->

Interest Rate Update
Today's Interest Rates from Realty Times are based on a 30 year amortization rate, with good credit and no origination fees. Conflicting economic reports have mortgage rates in a quandary with no move up or down. FULL STORY->

Realty Viewpoint: Get Creative With Seller Financing
Who says banks should say who gets to buy a home? Right now, banks are turning away good borrowers, choking home sales. What's the answer -- seller financing. Here's how to do it. FULL STORY->

Can a Broker Represent Both the Buyer and the Seller?
tba FULL STORY->

Real Estate Marketing Strategies: How to Make Your Visualizations a Reality
"Visualize your success" is something we hear a lot of these days. However, we don't always know how to make our visualizations powerful enough so that they become a reality. This article gives you powerful tips to do that. FULL STORY->

CMHC Financial Assistance for Secondary and Garden Suites
Property owners may not realize that forgivable government loans exist for the creation and improvement of housing. PJ Wade explains how creating an income-generating secondary suite may be practical with government assistance. FULL STORY->

Market Conditions
According to the National Association of Home Builders (NAHB), builder confidence is down -- taking it to record low numbers that were seen last in December 2007. FULL STORY->

Washington Report: Downpayment Gift
It's an issue that's been festering for years, and last week it blew up again: The Bush administration relaunched its campaign to ban "downpayment gift" programs where home sellers make contributions to nonprofit groups that then funnel most of the money to purchasers. FULL STORY->

Wild, Wild West: Few Takers In Silicon Valley Buyer's Market
Silicon Valley prices are down and dropping and inventories are swollen and growing, but buyers still find the market unaffordable and credit too tight. FULL STORY->

Realty Viewpoint: Banks Choke Sales, Blame Delinquencies

What's a "VA" Loan?

Market Conditions: Las Vegas, Nevada

Green Design Elements as Profit Centers

New Form Points Out What's Required, What Isn't In Foreclosure Properties

Investor Report: Downsides of Short Sales

Hot Market: Naples One Ray of Hope in Florida

Realty Viewpoint: Finally, Financial Columnists Write Positive Housing Stories

Market Conditions: Inland Empire and High Desert, California

Broker Listing Without Permission?

New Agents and Managing Your Time

Sell Faster When You Understand The Buyers Mindset

Ask Realty Times

Fixed Mortgage Rates Jump to Highest Level in Nearly Eight Months

Real Estate Outlook: Pending Home Sales Rise in April

Realty Viewpoint: More Good News - Asking Prices Flatten

Market Conditions: Lincoln City, Oregon

Is the Relocation Company Withholding Funds?

Grill Burgers, Not Your Home

The Professional Remodeler's Impact on Real Estate Values

Real Estate Outlook: Positives Taking Shape

Real Estate Outlook: Spring Market Has Good News

Give (Referrals) and Ye Shall Receive!

CURRENT
MORTGAGE RATES

Interest Rate Watch

30 yr fixed: 6.09%

15 yr fixed: 5.65%

1 yr adj: 5.06%

(U.S. Daily Averages)

LIBRARY

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Paul S & Pat C ,
Luxury Custom New &
Pre-Owned Homes
E-mail: njestates@earthlink.net
Web: http://www.newjerseyestates.net
908-561-5492 (Paul S) 908-310-1358 (Cell)
908-561-6499 (Pat C) 908-578-0890 (Cell)

Weichert Realtors
New Jersey Estates
908-561-5400
55 Stirling Road, Watchung, N.J. 07069

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Posted by Patricia Cornish NJ, New Homes, Pre Owned Homes on 06/18/2008 09:49 PM

Comments (3)

new jersey estates newsletter

Post is included in group: Realtors®
Post is included in group: Agent Mom
Post is included in group: Weichert Realtors
Post is included in group: Weichert Family of Companies
Post is included in group: Weichert Realtors

3 Comments on DAILY NEWS AND ADVICE FROM REALTY TIMES 06/18/2008

Thank you for updating with latest news.

It is very helpful for me when i apply for any cheap loans, or debt consolidations.

08/13/2008 11:40 PM

by cheap loans

Hi Paul~ Thanks for all the information. Good stuff.

08/13/2008 11:43 PM

by Karen Staha, CRS,GRI,ABR REALTOR Austin, TX. (Gaston & Sheehan Realty)

Don't you think this can be a hit or miss? But, when it works, you can come away with real results.This thread in great In fact, it can gaive some real nuggets here that I'm going to use right away!

__________________

http://www.loan-arrangers.co.uk/

08/30/2008 06:06 AM

by Loans

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