Steps Fed Is Taking To Ease Mortgage Crisis

During a meeting of real estate professionals, Board of Governors of the Federal Reserve System Governor Randall S. Kroszner addressed the National Association of Hispanic Real Estate Professionals Legislative Conference 2008 in Washington, D.C. on the topic of “Protecting Homeowners and Sustaining Homeownership.”

He said on the speech that the mortgage market has been one of the pillars of the US Economy. But now it is facing major confrontation, especially in the in helping people who have shorter or weaker credit records.


Seven tips about online estate selling (4 of 7)

4. Act professionally

Since you are selling your properties online, and without the aid of an estate agent it is normal for people to have doubts. There are many of scammers on the web that people have grown extra careful in making deals online.

Entertain all inquiries nicely. It would be a great plus if you treat every prospect buyer in a friendly and accommodating manner. Tend to their questions in detail.

Remember that no matter how inconvenient or annoying they may be, they are prospect buyers so it is better to keep your cool. Never be late for an appointment, the idea of wasting their time might spoil a good transaction.

To be Continued…

New Jersey Shining Gems

shoresPeople who have fallen victim to the economic troubles have an unexpected bonus, if you could call it that. More time, time to spend with family and to focus on the thing most Americans have taken for granted for quite sometime, quality time. With people laying back on expenses while still managing to hold onto their jobs, they are indeed taking more breaks than often.
New Jersey has a lot to offer for people who love to invest in new vacation properties. The area of Sea Isle has some of the best with rental and properties for sale all around. Family oriented and quiet, it makes for quality time spent with the most important people on earth, your family. With attractions for everybody of all ages making your vacation count after the long disappointments of these rough times.

Seven tips about online estate selling (2 of 7)

2. Maximize your Online Exposure

There are a lot of free sites wherein you can advertise the property that you are selling.

They need not be sites dedicated to selling properties, you can also use social networking sites, image sharing sites etc, all you need is a populated site that allows you to post text and photos.

You can also ask your friends to help you advertise your “merchandise”. This will somehow increase your chances of getting a prospect buyer. T

his may not be as effective as other pay to advertise sites, but it is a practical approach especially if you are not willing to dish out dollars for expensive advertisement.

To be continued…

The local market condition of South Carolina according to Real Times

The residential sales of Beaufort County, South Carolina have been reported to double from last year December to January 2008. This market has a continual increase up to the end of March. This healthy projection will carry the market up to the end of 2008.

Chris Skrip, who is responsible for the information, says that the high demand and low supply for coastal area that are still left undiscovered insures the stability of market for Beaufort County. There are other people who share the same thought.

Beaufort County in South Carolina has been consistently ranking on the top ten list of conducive places to live after retirement.

Moving out, Moving in: Comparing Cost of Living

post-2.jpgIf you are planning to move out of your current place, and you have different prospect places to move into, it is highly suggested that you first compare the cost of living in these different places before deciding where to finally move in.

Consider the cost to maintain your same lifestyle from moving out to moving in. Also consider the additional cost in expenses like utilities, health care, transportation and other housing costs.

To help you with this, has an application that calculates the comparison of how far your salary can get you over numbers of major cities from different states. You might want to check it out.

ホリデー・レンタル・ハウスを買う – その1



  • 充実した時間を求めてここにいるのですから、とにかく美しくて、落ち着ける環境であること。
  • 人災や自然災害の心配のないこと。 海岸侵食で有名な場所のビーチ・ハウスは買わないこと。 同じく、地震で有名な場所にある崖のそばの家も、どんなに素敵な物件でも、いただけません。
  • 人気のある場所でなくてはならないがありすぎも駄目。 通常、ホリデー中の人たちは平和と静けさを求めていますから、他のホリデー客でごった返されるのも嫌でしょう。
  • アクセル可能な場所でなければならない事。 ホリデー客は、通常旅行先まで、3,4時間の移動時間なら我慢出来るものです(勿論海外旅行の場合ですが)。 素晴らしい行き先に到達する為だけに、長距離フライトの後で、森の中を何時間もかけて運転したくないものです。

Will Real Estate Fall in 2008?

3.jpgOne of the biggest questions looming in the minds of homeowners and commercial real estate investors for the year is whether the real estate industry will be able to make up for what it lost last year or will things get worse? Residential real estates experienced one of the most painful fall last year in decades. Default on loans, falling house prices, dropping home ownership, soaring foreclosures with the housing market emerging as the economys soft underbelly characterized the industry last year.

Commercial real estate started 2007 on a bright note until it went the other way around with tightening of credit and values of commercial properties going down for the first time in several years. Commercial real estate includes properties in the market like apartment buildings, offices and shopping centers.

Seven tips about online estate selling (7 of 7)

7. Never Rush things
Never rush things especially if you are reaching the finalization of the deal. Never get too excited, be particular in every detail and never say a yes until you are fully certain about the conditions.
If you do things without thinking it over you might get a bad deal out of your property.
Search for the best offer, you are the owner of the property so buyers have no right or power to pressure you into the deal. You should be the one setting the pace. Be careful of making decisions out of whim and never finalize unless you are ready to carve the deal in stone.

Toronto Realtors Ask for Land Transfer Tax Break

2.jpgToronto’s new land transfer tax imposes an increase in property tax which realtors and home buyers are trying to contest arguing that it is an unfair method of raising City revenues. Future homeowners will be facing a property tax that will increase double the rate of inflation from which home buyers are saying that they deserve a break.

In November and December of 2007, there has been increased activity in the real estate market attributed mainly to the fact that purchases made during this period are exempt from the newly implemented land transfer tax. The Toronto Real Estate Board will be closely monitoring the 2008 market and is looking at the 2008 operating budget of the City which proposes 3.75 percent increase in residential property tax which is almost double the 2007 inflation rate of 1.9 percent.