Archive for the 'Miscellaneous' Category
Economic Stimulus Plan Benefits the Housing and Mortgage Industries
Just signed and sealed this past week…a $787 Billion Stimulus Plan made up of tax cuts and spending programs aims at reviving the US economy. Although the package was scaled down from nearly $1 Trillion, it still stands as the largest anti-recession effort since World War II.
Home owners and potential homebuyers stand to gain from […]
10 Real Estate Predictions for 2009
2009 is likely to be a year of continuing adjustment to a changing real estate marketplace. Prepare yourself and your business with these predictions from HGTV’s FrontDoor.com Web site.
Sellers will continue to face falling home values in the new year because they’ll be competing with banks and builders who are slashing prices to sell […]
NAR Approves of Obama’s HUD Nominee
President-Elect Barack Obama has picked Shaun Donovan to lead the U.S. Department of Housing and Urban Development, a decision that the NATIONAL ASSOCIATION OF REALTORS® applauds.
Donovan is currently commissioner of New York City’s Department of Housing Preservation and Development. In that role, Donovan has been widely recognized for his efforts to provide reasonably priced […]
Money-Saving Energy Tips for Winter’s Cold Days
The average U.S. household will pay $2,300 this year on residential energy costs, with heating accounting for almost 45 percent of that total, according to the Alliance to Save Energy, a nonprofit public policy group based in Washington, D.C.Gas and electric costs are up from last year, the group says. Data from the U.S. Department […]
New Rescue Plan Extends Expired Tax Breaks
President Bush signed the Emergency Economic Stabilization Act of 2008 into law on October 3, hoping this plan would bring stability to the financial markets. The new legislation includes a wide range of provisions affecting financial institutions and individuals. For instance, it authorizes the government to spend $700 billion for troubled financial assets, curbs excessive […]
Obama Victory: What It Means for Real Estate
The election is over and Senator Barack Obama will be our next President of the United States. Studies showed that the biggest concern for most Americans is the economy and they felt that Senator Obama was the candidate that lead us out of this crisis. So, how will this affect the real estate industry? I found a great […]
Get Out and Vote Today
Regardless of the outcome, this is going to be a historic Presidential election. Millions of Americans will be going to the polls today and exercising their right to participate in the election process. Whoever your favorite candidates are, get out and vote for them. We live in the greatest country in the world!!
Economic Situation Trumps the Trump
Donald Trump’s tallest construction project ever is facing some tall challenges.
Many real-estate developers are under pressure these days as lenders and investors rush to cut their exposure to the market. But Mr. Trump’s 92-story Trump International Hotel & Tower in Chicago, which will be the tallest building constructed in the U.S. since the Sears Tower […]
Why is Your Credit Score so Important?
The credit scoring model seeks to quantify
the likelihood of a consumer to pay of debt without being more than
90 days late at any time in the future. Credit scores can range
from a low of 300 and a high of 900. Most consumers have credit
scores that range between 400 and 800. The higher […]
WHAT IS TITLE INSURANCE?
Title insurance is a guarantee that you are getting something for your money when you buy real property. Title insurance assures owners they are acquiring marketable title. It is designed to eliminate the risk or loss caused by defects in title from the past. Title insurance provides coverage only title problems which were already in […]
