GLOZAL - A Global Real Estate Network

May 2011 Blog Posts (105)

Cash is King in Las Vegas

Interesting stats for Las Vegas.

In March 4,328 properties were purchased. 3,368 of those were cash deals. That is 78%. In April 4,423 properties were  purchased. 3,006 were cash deals, another 68%. These numbers include SFR, Condo, Town House, Auction, Short Sale, Full Sale and REO.

Added by Vincent Calabrese on May 25, 2011 at 5:19pm — No Comments

Portsmouth NH | Memorial Day

New Hampshire Maine Real Estate

It’s just a few days until Memorial Day weekend and the official start of summer vacation. First and foremost we need to remember that Memorial Day was created and exists to honor all the Americans who died in war.

 

Click the link above to read more

Added by Jim Lee on May 24, 2011 at 1:40pm — No Comments

New-Home Sales Rise

New-home sales rose more than expected and the median price climbed in April, but the overall pace of sales remained weak for the battered U.S. sector.



Sales increased by 7.3% on a monthly basis to a seasonally adjusted annual rate of 323,000 in April, the Commerce Department said Tuesday.



Economists surveyed by Dow Jones Newswires had forecast sales would remain unchanged at an annual rate of 300,000.



Despite the unexpected increase, sales since a year ago are… Continue

Added by GLOZAL on May 24, 2011 at 11:04am — 1 Comment

Wynn Resorts CEO Doubles Down on China Casino Business

Steve Wynn, who made his name reinventing the Las Vegas Strip with large, luxurious casino resorts such as the Mirage, the Bellagio and Wynn Las Vegas, has a new canvas: China.



The casino mogul says so much of his business is in the Chinese territory of Macau these days that he thinks of Wynn Resorts Ltd. as a Chinese company.



Gambling revenue in Macau is expected to be five times that of the Las Vegas Strip in 2011, even though it is just nine years since Beijing opened up… Continue

Added by GLOZAL on May 24, 2011 at 9:59am — 1 Comment

Cape Coral & Fort Myers Short Sale: Are The Banks Lying To Uncle Sam

Check it out:  goo.gl/s6i9x

Thanks

Donna

Added by Donna M Bishop on May 24, 2011 at 9:59am — No Comments

Yard and Garage Sales - Tis The Season - And We Do it BIG!

Did you know that garage sales were once classified as the biggest white collar crime in America?  Did you claim the income on your taxes last year?   I'm not judging...I'm just saying

Besides the everyday neighborhood and community sales, there is one in Indiana that is a bargain hunters dream:

June 1- 5, 2011              HISTORIC U.S. 40 YARD SALE

Yard_sale_pic
Historic National Road (US $)…
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Added by Prudential Indiana Realty Relo on May 23, 2011 at 5:07pm — No Comments

Test

More and more Americans are applying for a mortgage and it is about to get easy with just a two page "shopping sheet" from lenders under a proposal from the Consumer Financial Protection Bureau.  Now, this is my first blog on this site and I am hopeful that I do not offend anyone here as I speak the truth.  I have posted on lender 411 and have many followers.  Just a warning, so there is just going to be two basic questions:

 

1.  Can I afford this mortgage

2.  Can I get…

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Added by Geofrey Merino on May 23, 2011 at 4:27pm — No Comments

Cape Coral & Fort Myers, Fl. Short Sale: Can I Rent My Home If It Is In Foreclosure?

Read all about it:

httpp:www.capecoralshortsales.info

Thanks

Donna

Added by Donna M Bishop on May 23, 2011 at 1:29pm — No Comments

Cancun a Cosmopolitan Metropolitan Area to Live and Invest In

Cancun a Cosmopolitan Metropolitan Area to Live and Invest?

Cancun Real Estate -Century 21 Cancun - In December 2010 C21 Sun & Sand moved to Cancun!!



Widely known for tourism, Cancun is becoming a hot spot for the best in Mexican Beach Lifestyle. One of the most visited cities in all the world, nestled in one of the most fascinating geographical regions where Mayan pyramids are everywhere, Spanish colonial haciendas are common, Caribbean atmosphere feeds everyone…

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Added by Heidi Wosak on May 23, 2011 at 1:24pm — No Comments

Officials Heighten Mortgage Scrutiny

State attorneys general are stepping up their investigations of mortgage-industry practices by probing for potential misdeeds when banks originated home loans and packaged them into securities, according to people familiar with the examinations.



New York State Attorney General Eric Schneiderman has issued subpoenas to four bond-insurance companies as part of his expanding probe of mortgage-securitization practices, people familiar with the matter said.



At the same time,… Continue

Added by GLOZAL on May 23, 2011 at 10:21am — No Comments

Become "REOCertified(r)", Take the BPO & REO Simplied 7 CE hour course!!

Become “REOCertified”

The REOCertified two course program is the most important and successful education a real estate professional can find in today’s distressed market.

There is a growing nationwide network of thousands of real estate professionals who have received the“REOCertified” designation.  After completing the “Income=BPO Simplified class, these professionals are changing the way BPO’s are performed, by applying the training, knowledge, and education…

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Added by REO Institute of Colorado on May 22, 2011 at 2:29pm — No Comments

Cape Coral & Fort Myers Short Sales: Are Fannie Mae Short Sales tough? want to know..

If you want to know more...go to:

http:/www.CapeCoralShortSales.info

 

goo.gl/s6i9x

 

Thanks

Donna

Added by Donna M Bishop on May 21, 2011 at 10:57am — No Comments

Real Test for Housing Markets to Come Later .

Housing markets could sure use some good news.



Existing-home sales out Thursday may provide a modicum of it. Analysts expect data from the National Association of Realtors to show that closed sales of existing homes in April rose about 2% from the prior month to a seasonally adjusted annual rate of about 5.2 million units. While that is still down from the 5.8 million pace of April 2010, last year's figures were goosed by the home buyers' tax credit. That incentive did little more… Continue

Added by GLOZAL on May 20, 2011 at 11:32am — No Comments

Simple Tips for Better Home Showings

 

1. Remove clutter and clear off counters. Throw out stacks of newspapers and magazines and stow away most of your small decorative items. Put excess furniture in storage, and remove out-of-season clothing items that are cramping closet space. Don?t forget to clean out the garage, too.

2. Wash your windows and screens. This will help get more light into the interior of the home.

3. Keep everything extra clean. A clean house…

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Added by Kent Corey on May 20, 2011 at 8:50am — No Comments

Does Moving Up Make Sense?

These questions will help you decide whether you?re ready for a home that?s larger or in a more desirable location. If you answer yes to most of the questions, it?s a sign that you may be ready to move.

1. Have you built substantial equity in your current home? Look at your annual mortgage statement or call your lender to find out. Usually, you don?t build up much equity in the first few years of your mortgage, as monthly payments are mostly interest, but if you?ve owned…

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Added by Kent Corey on May 20, 2011 at 8:36am — No Comments

Wanted! Owner Financed Homes in Cape Coral Florida



Owner Financed Homes WANTED! Cape Coral Florida $300,000 and under!…



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Added by Michelle Forneris on May 20, 2011 at 8:32am — No Comments

Indiana is Best at Budgeting

The stats are out. 

 Every state in the U.S. is projected to have a deficit in 2012.  Many states are going broke, cutting programs and hiking tuitions.

Budget
Who…
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Added by Prudential Indiana Realty Relo on May 19, 2011 at 8:57pm — No Comments

A Warning About the IRS and buying Auction Properties.

An interesting issue occurred today pertaining to an IRS Lien and a property bought at the Trustee Sale that I wanted to share with you.



As you know, when an IRS Lien is recorded against the owner you have to hold the property for 120 days before we can insure a subsequent transaction, and you can flip it. Alternatively, we can request a Waiver of Right of Redemption from the IRS. In this situation, the investor requested that we pursue the Waiver and then proceeded to market the… Continue

Added by Vincent Calabrese on May 19, 2011 at 7:19pm — No Comments

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