California Real Estates » Blog Archive » <b>Real Estate</b> Owned <b>...</b>

Price: $82,923, City: Oakland, Square feet: n/aLocation: Olive St, Oakland, CA, 94621

This property is an REO (Real Estate Owned). This is the final step in the foreclosure process. Ownership has reverted to the lender. This 1021 square foot property has 2 bedroom(s) and 1 bath(s). The estimated sale price is $82923. To access more

Property Type: Single familyListing type: ForeclosureListing status: ActiveBedrooms: 2Bathroom: 1Agent: n/aBroker: n/aAuthor: RealtyTrac

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<b>Real Estate</b> Owned and Foreclosure Problems Impact School Children

Total Articles: 11588
Total Downloads: 5368756 By : John Cutts   
Submitted 2011-03-11 20:08:30 The Baltimore Neighborhoods Indicator Alliance has recently released a study showing that an increasing number of children are affected by real estate owned and foreclosure numbers in Baltimore, Maryland. The Alliance's study covered the period 2008-2009.

According to the study, around 2,400 school children studying in public schools are currently residing in distressed homes in Baltimore or in houses under some stage of foreclosure. The figure represents a 20% rise when compared with statistics gathered five years ago. What is even more significant than the rise is the fact that, according to the report, almost half of the children actually live in rental properties.

Prior to the real estate crisis, the number of rental distressed properties in Maryland that accounted for total foreclosure numbers were fewer than 30%. The data presented by the Alliance showed that in the Patterson High and Brehms Lane Elementary schools, over 50 students are living in houses under foreclosure. This means that around 7% of Brehms' students are affected by foreclosure, while in Patterson; the figure is over 3.5%.

The study highlighted the extent of the impact of real estate owned and foreclosure problems on the city. Analysts have also stated that students who are living in a property under foreclosure will be at higher risk of not finishing school since they could be forced to live in another place and switch schools or end up not going to school altogether. They stated that problems at home often affect students' academic performance, with some of them facing the possibility of dropping out and discontinuing their education.

Analysts have also highlighted the increasing number of rental distressed properties for sale in the city, stating that some landlords are unable to collect rent due to high unemployment levels, while others have probably taken out loans during stronger economic times and were later caught by the real estate crisis.

Housing industry observers have stated that the number of foreclosures and real estate owned properties in Baltimore will likely continue to increase in 2011. The study by the Alliance also showed that, at this time, rental housing is taking as much of the worst of the crisis as residential homes.

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Irvine <b>real estate</b> broker accused of fraud | sparks, wisconsin <b>...</b>

A real estate investment broker who was on the Irvine Planning Commission until last month is accused by a longtime friend, a married couple, and a father and son of cheating them out of $1.75 million.

The allegations against Irvine resident David R. Sparks, 50, and his Irvine-based firm Sparks Realty & Investment Inc. center around his soliciting and accepting money to buy, rehab and then sell distressed homes for profit.

Screenshot of Irvine-based Sparks Realty & Investment Inc. website at sparksrealtyinc.comBRIAN MARTINEZ, THE ORANGE COUNTY REGISTER

Marc Vaccaro and Astrid Vanzon, a Wisconsin couple suing Sparks in federal court for at least $1.6 million in losses, accuse Sparks of forging bank and government documents, using nonexistent escrow companies and otherwise committing "massive fraud."

He repeatedly reported profits on the purchases and sales of several homes in California and Utah that he never purchased or sold – and then failed to return the money when demanded, the suit alleges.

Sparks failed to respond to the suit in U.S. District Court in Santa Ana and the couple is seeking a default judgment.

While Sparks declined to comment on the federal lawsuit, he did talk about a lawsuit his friend of 22 years, Robert Edwin Anslow of Santa Ana, filed against him in Orange County Superior Court two months ago.

"I don't dispute that I owe him money," Sparks told the Register. When asked why he hasn't paid Anslow, he answered, "That's a good question." He said he's currently in "special negotiations" with a "mutual friend" to try to settle with Anslow.

Anslow provided $200,00 to Sparks in 2007 for him to use toward the purchase, rehab and sale of a $700,000 home at 1048 Laurel Fig Drive in Simi Valley, according to court records.

Court records show Sparks reported to Anslow that he purchased the property in 2007 and then sold it in 2008 for $910,000. After allocating $64,000 in profit to Anslow, Sparks talked him into reinvesting all of the money as an unsecured loan to Sparks for future investing, the lawsuit says.

Anslow later sought his money in accordance with the written agreement. After pressuring Sparks, he got back $100,000. Sparks defaulted on the other $100,000, as well as the interest and profit.

A search of public databases did not show any record that the five-bedroom home at 1048 Laurel Fig Drive in Simi Valley was purchased or sold by anyone in 2007 or 2008.

The Register asked Sparks if he or one of his entities had purchased or sold that home on Laurel Fig Drive in Simi Valley. He said he'd have to check into how that deal was "structured" and get back to us. He later declined to comment.

Sparks missed the deadline to respond in court, and Anslow is seeking a default judgment.

"He has put me in an extremely precarious financial situation," Anslow said.

Those involved with Sparks say he was easy to trust. He flew to Wisconsin and personally met with the married couple to pitch his investment opportunities.

"He talked about his religious faith, and shared values in a Christian tradition, which added to (their) belief in defendant's trustworthiness," their federal lawsuit says.

The "About Dave" section of Sparks Realty's website says he is "honest and full of integrity" and "active in his church."

Sparks is a member of the Mormon church.

He's "a face-to-face guy" who is so cheery and nice that "you let your guard down around him," said Gary Schultz of Huntington Beach. He comes across like "Mr. Rogers," but he is the "worst of the worst," Schultz added.

Schultz told the Register he and his father, Gerhard Schultz of Yorba Linda, gave Sparks a combined $52,500 toward the purchase of three homes in the San Francisco area. Schultz said he knew Sparks from when they attended Westminster High School together.

Schultz owns Huntington Beach Cruisers bike shop and said Sparks came in one day with his wife and daughters to buy a cruiser.

"I was so grateful for what he was doing for me (with the investment) that I gave him a bike," Schultz said.

The failed investment attempt has strained Schultz' marriage and extended family, he said.

Public records show Sparks is president of several other business entities, including Nevada-based Wellington Grant Ltd., which is named as a defendant in the federal lawsuit.

Irvine City Councilman Steven Choi appointed Sparks to Irvine's Planning Commission in December 2008. Sparks resigned his post on the panel on Feb. 8 of this year.

His letter to the city said the decision came "after careful consideration" and "discussions" with Choi, but it did not specify a reason for resigning. Sparks told the Register he resigned because his upcoming travel schedule was going to force him to miss three meetings in a row.

Contact the writer: bmartinez@ocregister.com or 714-796-7955

Screenshot of Irvine-based Sparks Realty & Investment Inc. website at sparksrealtyinc.comBRIAN MARTINEZ, THE ORANGE COUNTY REGISTER

A real estate investment broker who was on the Irvine Planning Commission until last month is accused by a longtime friend, a married couple, and a father and son of cheating them out of $1.75 million.

The allegations against Irvine resident David R. Sparks, 50, and his Irvine-based firm Sparks Realty & Investment Inc. center around his soliciting and accepting money to buy, rehab and then sell distressed homes for profit.

Marc Vaccaro and Astrid Vanzon, a Wisconsin couple suing Sparks in federal court for at least $1.6 million in losses, accuse Sparks of forging bank and government documents, using nonexistent escrow companies and otherwise committing "massive fraud."

A real estate investment broker who was on the Irvine Planning Commission until last month is accused by a longtime friend, a married couple, and a father and son of cheating them out of $1.75 million.

The allegations against Irvine resident David R. Sparks, 50, and his Irvine-based firm Sparks Realty & Investment Inc. center around his soliciting and accepting money to buy, rehab and then sell distressed homes for profit.

Marc Vaccaro and Astrid Vanzon, a Wisconsin couple suing Sparks in federal court for at least $1.6 million in losses, accuse Sparks of forging bank and government documents, using nonexistent escrow companies and otherwise committing "massive fraud."

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Louisiana Real Estates » Blog Archive » <b>Real Estate</b> Owned property <b>...</b>

Price: $69,000, City: Jeanerette, Square feet: n/aLocation: Katherine St, Jeanerette, LA, 70544

This property is an REO (Real Estate Owned). This is the final step in the foreclosure process. Ownership has reverted to the lender. This 1918 square foot property has 4 bedroom(s) and 2 bath(s). The estimated sale price is $69000. To access more

Property Type: n/aListing type: ForeclosureListing status: ActiveBedrooms: 4Bathrooms: 2Agent: n/aBroker: n/aAuthor: RealtyTrac

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Steady stream of <b>real estate</b> inquiries (page 1) | Otago Daily <b>...</b>

Some Christchurch businesses are considering moving to Dunedin but uncertainty over practical issues such as insurance means they are unable to make firm decisions, Dunedin commercial real estate agent Mike Elford says.

Mr Elford, of Edinburgh Realty, was fielding "steady inquiries" from Christchurch businesses for service and light manufacturing sites.

At this stage, inquiries were "tentative" because of uncertainty over contracts and insurance policies.

Most businesses were trying to find alternative premises in Christchurch. Other centres would likely receive the "over-flow", too, he said.

He had been contacted by Dunedin landlords, who were keen to help, rather than profit from the disaster, he said,South Dunedin property was more likely to be in demand than the CBD, he said.

Commercial real estate agent Tim Barnett also had had inquiries, but people were "clarifying" their insurance and other obligations before making plans.

Nidd Realty principal Liz Nidd, also Real Estate Institute of New Zealand Otago president, said her residential property management office was going "ballistic".

Quake refugees were trying to outbid each other for properties.

Most inquiries were for rentals, she said.

Some people were relocating for business even though firms were unable to make firm decisions about commercial real estate, she said.

"[Businesses] need to know the status of their [commercial] rental contracts and leases before they can make definite decisions.

"They are looking, but I don't think there are people letting [properties] at this stage."

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Yahoo And Zillow Partner On <b>Real Estate</b> | WebProNews

Yahoo said today that all of its real estate listings will now be powered by Zillow.

Zillow will also sell local advertising on both sites, and the 4 million listings on Zillow will appear on Yahoo Real Estate.

Real estate agents will be able to advertise locally on Yahoo Real Estate, and home buyers will have more access to listings on the site along with more photos.

"This partnership brings together the scale of Yahoo’s audience with the depth of Zillow’s real estate listings," Greg Hintz, head of Yahoo Listings, said.

"No other real estate websites are better suited to bring such a vast offering to agents, brokers and advertisers.

The Yahoo and Zillow relationship began in 2006 when Yahoo Real Estate incorporated Zillow’s Zestimate home valuations.
 

About Mike Sachoff
Mike is a staff writer for WebProNews.

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Number of <b>Real Estate</b> Owned Foreclosures for Sale Up in San Francisco

Total Articles: 11562
Total Downloads: 5309210 By : John Cutts   
Submitted 2011-03-07 08:15:23 The number of real estate owned foreclosures for sale in San Francisco, California, has increased last year compared with previous periods. Since the start of the housing market crisis around four years ago, the city has been able to keep its foreclosure numbers low, allowing it to have one of the lowest rates of foreclosure among all metro areas in California, a state that has been hit hard by the foreclosure crisis.

Foreclosed and repossessed homes in Fresno and in other metro regions of California have been some of the highest recorded in the U.S. in the past four years. Not so in San Francisco. The metro region was able to maintain a relatively stable housing market since the crisis started; but last year, signs have emerged that the San Francisco area is starting to feel the impact of the foreclosure problem.

California repossessed homes and foreclosures have declined in most markets last year, but have increased in the San Francisco metro. Majority of counties in the Bay Area where San Francisco is included posted lower numbers of foreclosures, with San Francisco going in the opposite direction.

According to housing industry experts, the rise in the number of real estate owned foreclosures for sale in the area has more to do with the economy than with bad loans. During the start of the foreclosure crisis, neighboring counties were hit hard as subprime loans failed in majority of these areas. San Francisco was not affected. Being a pricey neighborhood, its properties are not financed by subprime loans.

However, even a city as affluent as San Francisco is not immune from the impact of the recession. Analysts stated that the increase in the number of repo house for sale and foreclosures in the area is a late reaction to the recession that started a few years ago. Most residents of the metro area had the means to ride out the economic downturn, so the impact was not immediate.

This time though, most of them are out of options, and the downturn is starting to creep in to the high-income communities, leading to more real estate owned foreclosures for sale. Local data showed that high-priced properties have started falling into distress in the city in the past few months.

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Sunday <b>Real Estate</b> Round-Up, 03/06/11

by Deidre Woollard (RSS feed)
Mar 6th 2011 at 9:02AM

From the LA Times:
--A legendary Hollywood Hills party house owned by English photographer Richard Franklin is listed at $7.5 million. The home has been rented to a variety of entertainment figures and is a bachelor pad and photo studio with a two-story disco, a theater with a floor-to-ceiling movie screen, a casino, a gym a grotto with a hot tub, a pool and a canopied deck. The listing is here.
--The childhood home of Oscar-winning actress and singer Judy Garland has sold in Bel-Air for $5.2 million. The 1938 two-story house designed by Wallace Neff went on the market at $5.5 million just a few weeks ago.

From the Real Estalker:
--The listing for Jennifer Aniston's $42 million Beverly Hills mansion is now live with Jade Mills.

From the NY Post:
--An apartment at 15 Central Park West once rented by Mark Wahlberg has just closed $16.5 million in an all-cash deal.
--Actress Judith Light (she was on "Who's the Boss?" and "Ugly Betty") was spotted apartment hunting at 136 E. 64th St., where she visited a $2.15 million, two-bedroom unit.
--Mary J. Blige has just listed her 25-room Saddle River, New Jersey mansion for $13.9 million. She paid about $12 million for it in 2008.The listing is here (no photos yet).
Rachel Uchitel nearly nabbed Chris Noth as a buyer for her three-bedroom unit at 77 Park Ave., which is listed for $1.95 million. But Noth opted for something closer to the CBS Studio.
-- Alec Baldwin was spotted touring the $12.95 million penthouse at 22 Mercer St..
--Former American Idol contestant Sanjaya Malakar has rented two-bedroom unit on East 63rd Street while he's in the city.
--Carmelo Anthony checked out Zydrunas Ilgauskas' $37,500-a-month townhouse at 24 Thompson St.

From the Wall Street Journal's Private Properties:
--Charlie Sheen is in escrow to a buy home in the Beverly Hills, California neighborhood he already lives in for $7.5 million. The home is currently owned by Mike Medavoy, chief executive of Phoenix Pictures who bought the home several months ago for $6 million. See pictures here.
--Trees Ranch, a 2,070-acre ranch in Utah has hit the market for $30 million. The property is partly owned by the heirs of the late Jim Trees, CEO of New York investment firm Fischer, Francis, Trees & Watts. The listing is here.
--Diego Arria, the Venezuelan ambassador to the United Nations, recently sold his Roxbury, Conn., home for $7.75 million.

From Newsday's Real LI:
--An oceanfront beach house in Sagaponack has recently hit the market for $25 million. The 13-acre property on Trees Lane is listed with Paul Brennan of Prudential Douglas Elliman Real Estate.
A century-old 7.8-acre waterfront estate in Westhampton that has been in the same family for over 100 years has come on the market for $13.8 million. The seven-bedroom shingle-style mansion is listed with Meredith Murray of The Corcoran Group.
--A French country estate in Upper Brookville has been reduced from $14.9 million to $12.888 million. The home has indoor and outdoor pools.The listing is with Shawn Elliott Luxury Homes & Estates.
--The vacant land where 50 Cent's house once stood is on the market again. He sold the .86-acre property last year for $365,000. The new owner is asking $475,000.
--The East Meadow home where serial killer Joel Rifkin may have killed some of his victims recently sold for $322,000.
--Jenni "JWoww" Farley says she is now considering a move to the city instead of settling on Long Island.
The luxury Bridgehampton estate known as "Sandcastle" is back on the rental market for $500,000 for two weeks.

From Curbed:
--Radio talk show host Alan Colmes and his wife Jocelyn Crowley have an apartment at 2 Fifth Avenue for $1.1 million. Last year, Colmes, commentator and formerly half of Fox News' "Hannity & Colmes" sold his triplex penthouse in the Silk Building at 14 East 4th Street for $1.725 million.
--Ivanka Trump's husband and NY Observer head Jared Kushner has found a buyer for his East Village duplex. He listed 21 Astor Place duplex for $4.1 million.
--New Orleans Saints head coach Sean Payton is leasing Yankees slugger Mark Teixera's house in Vaquero, Texas for $15,000 a month. This home was on the market last year for $4.55 million.
--Julianne Moore's townhouse in New York City is back on the market for $12.5 million. It was listed at $11.995 million when we checked it out in 2009.

From the Real Deal:
--Radio psychologist Dr. Joy Browne has listed her fabulous 2,600-square-foot riverfront duplex at the Regatta condominium in Battery Park City for $3.4 million. The listing for the incredible apartment is here. The listing is here.
--Toy mogul Alfred Kahn has found a purchaser for the Time Warner Center apartment he occupied before buying Bernard Madoff's Upper East Side penthouse last year.
--Cher's former Miami Beach home has had a price cut down to $10.2 million. It was listed at $14.9 million when it was our estate of the day in 2008.

From the NY Observer:
--Steve Madden and his wife have bought their third unit in the building where they already own two units bringing the Maddens one away from owning the entire place. They paid $1.15 million for a duplex, which has one-bedroom and a roof terrace.
--Xerox CEO Ursula Burns has purchased a five-bedroom penthouse atop the Robert A.M. Stern-designed Brompton at 205 East 85th Street for $8.15 million.
--Armando Zagalo de Lima, president of Xerox's global customer operations, just paid $4.2 million for a 24th-floor condo at 310 East 53rd Street.
--NFL quarterback Tom Brady has finally sold his three-bedroom condo at Time Warner Center. He paid $14 million for it back in 2006.

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<b>Real Estate</b> Round Up: Travis Barker

Sometime last week–or maybe it was the week before, our boozy brain can't recall–The Bizzy Boys at Celebrity Address Aerial kindly floated Your Mama some 411 about heavily tattooed rocker and airplane crash survivor Travis Barker who recently purchased a perfectly quotidian if not exactly inexpensive home in a gated development in the Bel Air area of Los Angeles. We set the matter aside until yesterday afternoon when Your Mama was overcome with Nosy and started to peek peep and poke around in the public property records to see what we could see.

Mister Barker, the drummer for a slew of pop-punk and rock bands including Blink-182, +44 and Box Car Racer, has successfully parlayed his fame into a small fortune with other ventures that include a record company (LaSalle Records) and a clothing company (Famous Stars and Straps). Among the gossip glossy reading crowd he's perhaps best known for his famously volatile on-again-off-again marriage/relationship with tee-vee presenter Shanna Moakler, a hot-tempered former Miss USA who bore him two rug rats and who had a very public, very trashy and high-larious smack-down in the fall of 2006 with Paris 'the heiress' Hilton after her then-estranged husband Mister Barker was caught canoodling with Miss 'gets around town' Hilton a month or so earlier.

In the fall of 2008 Mister Barker was a passenger on a plane that crashed near Columbia, SC. Only he and friend DJ AM survived the hideous accident. DJ AM died of an apparent drug overdose in his New York City apartment the following year and Mister Barker's injuries were far more significant than first revealed to the public. Last week, in anticipation of the release of his debut solo album next week, it was reported that Mister Barker came damn near close to having his foot amputated and that he's endured 16 surgeries to put his Humpty Dumpty back together again. This probably sounds sappy from a cold-blooded cynic like Your Mama but we think Mister Barker's physical courage and psychic fortitude in the face of such awful adversity is to be commended and admired.

Anyhoodles poodles, let's get down to brass tacks, shall we? Our odyssey through Mister Barkers real estate journey begins in August of 2003 when property records show the then twenty-something year old skins pounder paid $3,150,000 for a very adult mansion with 7,620 square feet located within the guard-gated Bel Air Crest community in the mountains on the upscale but much less glitzy far western border of hoity-toity Bel Air. The 6 bedroom and 8 pooper property, which has an impress-the-guests-style entry with wrought iron dual staircases and a cozy backyard with swimming pool and mountain views, practically hovers over the always clogged up 405 freeway, an ever-present source of vehicular aggravation for many Angelenos.

Mister Barker quickly caught a case of that ol' Real Estate Fickle and flipped his Bel Air Crest beehawtcha back on the market. Records reveal it was sold in May 2004 for $3,500,000 and, as it turns out, the property is currently back on the market with an asking price of $4,495,000.

Even though he was quick to flip, Mister Barker must have liked living up in the Bel Air Crest because on September 2004, just a month or so before he legally hitched his wagon Miss Moakler, the tatted-up rocker went and paid $6,200,000 for a much larger 12,184 square foot mcmansion just around the corner from his previous house on Queensborough Lane. It was here, in this 8 bedroom and 9 bathroom beast of an abode, that Mister and Missus Barker filmed two seasons of a reality program called Meet the Barkers, a lame rock-n-roll version of the equally lame Newlyweds: Nick and Jessica.

September of 2004 was a busy real estate month for Mister Barker. Records show that in addition to snatching up a new mcmansion in Bel Air paid $480,000 for a 2,752 square foot tract house in the middle-brow resort community of Lake Elsinore, CA. Interestingly, information we dug up the interweb shows that a naughty notice of default was filed on the property in May 2007 but was quickly cleared up. Your Mama has not idea if Mister Barker used this house for personal use, an investment and/or as a residence for a family member.

In December of 2006 Mister Barker and Miss Moakler split up for the first of many times and in February of 2007 they sold their behemoth abode in the Bel Air Crest community for $8,000,000 to a prominent Los Angeles attorney. The attorney somehow managed to flip the mansion just three short weeks later for $9,500,000, a mind-blowing $1,500,000 profit before he even had to make a second mortgage payment. The buyer who lined the attorney's pockets with an impressive and, let's be honest, revolting $1,500,000 profit was none other than rebellious Canuck pop-puck princess Avril "The Spitter" Lavigne who occupied the large and lavish residence with her then huzband Deryck Whibley, front man of some band called Sum 41. That marriage, as anyone who reads the tabs knows, has done swirled down the terlit of Hollywood love.

At that same time Mister Barker sold his hu-mongo house in the Bel Air Crest community to the L.A.-based attorney in Feb. 2007 he bought a slightly smaller but still-titanic 10,198 square foot mansion within an exclusive gated enclave inside an affluent and also gated community in über-suburban Calabasas, CA. As far as we know–and we really know so very little–Mister Barker remains in residence at his Calabasas crib that happens to be located in the same double-gated enclave where pop superstar Britney Spears was living in a massive rented mansion until she recently decamped for and even larger leased estate in the celebrity-friendly equestrian community of Hidden Hills, CA.

Riverside, CA is about as far from the Tinseltown klieg lights as one can get but in January of 2008 Mister Barker shelled out $370,000 to acquire a fairly modest house in a banal tract development in the decidedly un-glam suburban city. For what purpose Mister Barker wanted this house is unknown.
Later in the year, Mister Barker was involved in the above mentioned aircraft accident and with better things to do than buy and sell houses Mister Barker kept his real estate checkbook in check until March of 2010 when property records reveal he whipped it out and paid $1,300,000 to purchase a large but very ordinary and architecturally sad 5,529 square foot house in Rancho Cucamonga, CA (above). Once again we have no idea what Mister Barker might want or need with a 5 bedroom and 5.5 pooper house way out near the flavorless city of San Bernadino in ur-suburban Riverside County.

Listing information shows the house sits on a gentle slope with 180-degree views of city lights and the surrounding mountains and includes garage space for four cars, 3 fireplaces including a massive freestanding number in the backyard, a technology alcove, library with custom cabinets and large gore-may kitchen that's open to a family room. A covered patio at the rear of the house protects people from frying themselves in Rancho Cucamonga's scorching summer heat. A built in barbecue center makes for year-round grillin' and chillin' and instead of a swimming pool and/or spa there's some sort of hybrid situation that listing information refers to as a "spool." As best as we can tell that's a plunge pool that can be heated up to a boil where Mister Barker and his guests can wallow in the water like they're a damn human stew.
Mister Barker's 2010 real estate activities continued apace in December 2010 with the $1,495,000 acquisition of a truly insipid 2,960 square foot mock-Med tract house situation in the Bel Air Crest community (above) , the same upscale development that the children who are paying attention will recognize as the same one in which he previously owned two much larger mansions.

Listing information shows the house includes 3-4 bedrooms, 3.5 bathrooms, a living room with extra-high ceiling and hardwood floors, and an eat-in kitchen with stainless steel appliances and granite counter tops. Although there's but a sliver of a front yard and an only slightly larger backyard, listing information from the time of the purchase indicates the landscaping was new and includes a spa and built-in barbecue.

Once again, Your Mama hasn't an iota why Mister Barker would want this house but if we've said it twice we've said it twice too many times before, who are we to comprehend the capricious real estate ways of the rich and famous

listing photos (Rancho Cucamonga): Prudential California Realty
listing photos (Bel Air): Nelson Shelton & Associates

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Before You Invest in <b>Real Estate</b>

Investing in the real estate market is quite an interesting venture, and if you play your card right, you just may build yourself a nice fortune. You can begin investing in the real estate market in a number of different ways. One of the simplest ways to invest in the real estate market is to purchase a property, renovate and put it up for rent or sell it.

If you choose to become a landlord and rent your property, you can count on a guaranteed cash flow as long as you have tenants who pay on time. If you decide to sell your property, then you need to focus on making a large one-time profit from your investment. It is up to you to determine which method of investment in the real estate industry is right for you.

Investing in the real estate market requires a considerable amount of capital; however, the payoff from a proper sale is worth every penny you invest. One of the greatest attractions to investing in the real estate market is the easy advertising. You do not have to worry about building an entire fund for your project because several financial organizations are more than willing to support profitable real estate ventures.

It is easy to see the many advantages of investing in the real estate market. However, do you have what it takes to succeed in this industry? To make it in the real estate profession, you do not have to have a college degree, but you do have to be educated in the industry itself if you plan to succeed.

If you are ready to get started in the real estate business, you should:

Make sure you have enough cash on reserve to take care of your daily living expenses.Make sure you have enough money to hold a property until you can earn a profit.Be ready to take huge risks.Be prepared for the worst.Plan accordingly.

Related posts:

Are You The Right Person For Real Estate InvestingTypes Of Investing In Real EstateIs Investing In Real Estate Right For You?How You Profit From Using The Right Real Estate SoftwareThought You Needed Money To Make Money From Property?

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Kentwood <b>Real Estate</b> Celebrates 30th Anniversary in March Premier <b>...</b>

February 28, 2011 - (RealEstateRama) -- Kentwood Real Estate, Colorado’s Premier Real Estate Company, will celebrate its 30th anniversary on March 18, 2011. The high-profile real estate company is regarded within the real estate community as a market leader where the vision, culture and mission established by the firm’s original founders have remained unchanged for the past three decades

Full article: Kentwood Real Estate Celebrates 30th Anniversary in March Premier Company’s Culture, Vision, Mission and High Standards Remain Unchanged After Three Decades ...

Kentwood Real Estate Surpasses $1 Billion in Sales Volume for 2010 in mid-November
DENVER, CO - December 7, 2010 - (RealEstateRama) -- Kentwood Real Estate, Colorado’s Premier Real Estate Company, has surpassed $1 billion in total sales volume for 2010. The landmark milestone, recorded in mid-November, was the leading real estate firm’s tenth such accomplishment and firmly establishes Kentwood Real Estate as a national leader in marketing expertise and customer service. Kentwood’s total...Kentwood Real Estate Acquires DenverHomes.com
DENVER, CO - November 26, 2010 - (RealEstateRama) -- Kentwood Real Estate, Colorado’s Premier Real Estate Company, has acquired the DenverHomes.com Internet domain name in a strategic move that will advance the company’s already leading website presence. The acquisition of DenverHomes.com for real estate searches online will further position Kentwood Real Estate as the best local Internet brand....Kentwood Real Estate Earns Website Quality Certification
DENVER, CO - February 28, 2011 - (RealEstateRama) -- Kentwood Real Estate, Colorado’s Premier Real Estate Company, has earned the Website Quality Certification (WQC) presented by Leading Real Estate Companies of the World (LeadingRE) to member companies that have demonstrated excellence in website design, functionality and execution...Three Vision Awards Presented to MERIT Employees by the California Association of Community Managers
MERIT achieves high honors for outstanding service. Aliso Viejo, CA, August 5, 2009 — MERIT, a leading provider of professional community association and rental management services, announced that Susana McKellar, Jamie Mayo and Marybeth Green were presented with Vision Awards by the California Association of Community Managers (CACM). They were recognized for outstanding service and dedication to their communities at...Maximum Conforming Loan Limits to Remain Unchanged in the First Nine Months of 2011
Washington, DC - November 19, 2010 - (RealEstateRama) -- The Federal Housing Finance Agency (FHFA) has announced that, under terms set forth in a recently-enacted Congressional continuing resolution (Public Law Number 111-242), the maximum conforming loan limits for mortgages originated in the first nine months of 2011 will remain unchanged from existing loan limits for 2010 originations. Those limits are...13 HomeAway Unveils New Vacation Rental ‘Community’ Site
AUSTIN, TX - March 1, 2011 - (RealEstateRama) -- HomeAway ®, Inc. – the world’s leading network of online vacation rentals – today introduced Community from HomeAway, a site for vacation rental owners and managers to share expertise and opinions, and access blogs and resources to optimize their vacation rental businessesHome Values Decline in Fourth Quarter
McLean, VA - March 1, 2011 - (RealEstateRama) -- Freddie Mac (OTC:FMCC) announced today the results of its fourth quarter Conventional Mortgage Home Price Index (CMHPI).IDX, Inc. showcases Knoxville, Tennessee property listings on website of Jeffrey King
EUGENE, OR - March 1, 2011 - (RealEstateRama) -- Realtor Jeffrey King of Coldwell Banker Wallace & Wallace has opted to integrate the premier IDX technology, IDX Broker software, for his professional real estate website. Now, thousands of Knoxville MLS (KAARMLS) listings are displayed conveniently on the search page that he hosts. King has chosen an IDX solution for his website, and in the process he has changed the online real estate market for himself, his business and countless potential Knoxville buyers.Total Mortgage Services Promotes Erik Martin to National Sales Manager of Retail Channel
MILFORD, CT - March 1, 2011 - (RealEstateRama) -- Total Mortgage Services, LLC, a leading mortgage lender, announced today the promotion of Erik Martin as the company’s National Sales Manager of its retail channel. Mr. Martin brings to this newly-created position 15 years of production, underwriting and operational management experience within the mortgage industry.C.W. Driver Completes Construction of Multidisciplinary Building at Palomar College
San Marcos, CA - March 1, 2011 - (RealEstateRama) -- Work has completed on the new, $37 million, Multidisciplinary Building constructed by C.W. Driver on the campus of Palomar College in San Marcos, Calif. The 111,000 SF, three-story structure in the San Diego County town took 25 months to complete. C.W. Driver, a premier builder of higher education facilities in the Western U.S. since 1919, managed the project from preconstruction through commissioning for the Palomar Community College District

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BoogieDowner: 2nd Bronx <b>Real Estate</b> Summit to be Held at the Bronx <b>...</b>

Here is an event I will repost as we get closer to the date. One of its main organizers is Ms. Andrea Kretchmer of the Kretchmer Companies. Besides being one of NYC's premier female real estate developers she is also very active in our beloved NY Gauchos basketball organization. I believe the last time we spoke she mentioned she was a board member. I posted the link below to the NY Gauchos basketball program for those interested in learning more about the top notch Bronx based organization. The Real Estate summit will be held at The Bronx Museum of the Arts. Please do see more information on the event below.

Gregory

For more info on NY Gouchos Basketball Organization please log onto the follo0wing web addres
http://www.newyorkgauchos.com/

*****
Bronx Real Estate Summit
The Bronx Real Estate Summit is a gathering of active Bronx real estate professionals – sharing ideas and experiences, learning from each other’s successes!
Developers, lenders, property owners, builders, nonprofits, brokers, business owners, and other interested parties are invited to network, exchange useful strategies, and gain insider knowledge from other respected individuals in the field.
The Economy: Local Impacts, Lessons Learned, Leaps Forward
Panelists
Carol Lamberg, Executive Director, Settlement Housing Fund, Inc.
Radame Perez, Chief Operating Officer, Mastermind Ltd.
Carol J. Samol, Director, Bronx Borough Office, Department of City Planning
DATE: Wednesday, March 30, 2011
TIME: 8:15 a.m. Breakfast/ 9:00 a.m. Program
LOCATION: The Bronx Museum of the Arts
1040 Grand Concourse (@ 163rd St)
Bronx, NY
(B, D, or 4 trains to 161st Street)
RSVP : Jennifer Gilbert at jgilbert@sobro.org
(718) 732-7502
Suggested Contribution: $25
(All proceeds go to the Bronx Museum of the Arts)

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Chicago <b>Real Estate</b> Helping Create an Attractive Lifestyle for the <b>...</b>

I recently wrote about the lifestyle factor that plays into living in one of Chicago’s most famed new construction buildings, Trump Tower. But many Chicago real estate buildings are offering more than just a place to live—they are also creating a way of life for their residents by way of the Chicago lifestyle.

The Chicago lifestyle has several facets. It’s a standard of living, with the city’s unique real estate, sports, culture, hospitals, theater and food all contributing. The Chicago lifestyle allows residents to take in the city’s many cultural offerings, thrive in business as the city becomes a global marketplace, and at the end of the day, have many conveniences right at your fingertips.

Chicago Culture Set Apart from the Rest
The Chicago lifestyle means there’s always something new to experience. Many Chicago real estate options put residents within walking distance of the finest entertainment, including the Chicago Symphony Orchestra, one of America’s “big five.”

Chicago is also home to the Art Institute, one of the best museums in the country, and a bevy of fine restaurants. Among the fine dining experiences is Alinea, one of the world’s most famous restaurants from chef Grant Achatz. In Chicago theater, the Steppenwolf Theatre Company has become the nation’s premiere theatre ensemble, with accolades that include 9 Tony awards. And the Lyric Opera (one of the world’s greatest) runs from October thru March, assuring there is plenty to do even in winter months.

The Elysian Residences in the Gold Coast embody the Chicago lifestyle.

Chicago Real Estate Becoming a Lifestyle
Chicago new construction buildings have aimed to offer not only properties with coveted square footage, the finest finishes and top-of-the-line appliances, but also a way of simplifying residents’ lives through amenities and services.

The Gold Coast’s Elysian closed more than $30 million in Chicago condos last year, and has certainly become a force to be reckoned with when it comes to sophisticated living. It’s one of the most upscale buildings in the city, with unmatched concierge services available to residents day and night. Other conveniences include the growing number of state-of-the-art, on-site amenities, such as spas, gyms, meeting rooms, upscale dining and services from dry cleaning to valet parking to room service.

Several other buildings have long made a name for themselves in terms of the Chicago lifestyle:

Trump Tower: The utmost attention and service is available from these Chicago condos, which were designed to have everything a resident would need within the building. The service at Trump Tower is led by the principal of, “Just ask, and its yours.”

Ritz-Carlton Residences: The Ritz-Carlton name embodies a lifestyle all its own, and is now available with these Chicago new construction condos on Michigan Avenue. Residents here can enjoy the Landmark Club and Spa, a private entrance, screening room and services from catering to dog-walking and car-washing.

800 Michigan Avenue (Park Tower): One of the most coveted and prestigious places to live in the Gold Coast, with only 117 Chicago condos in the building. Park Tower is directly above the Park Hyatt Hotel, so residents can take advantage of hotel service and amenities 24/7.

30 West Oak: In addition to its premier Gold Coast location, the Chicago lifestyle at 30 West Oak includes 21st century design, expansive terraces and balconies, floor-to-ceiling glass and the finest finishes throughout these Chicago condos.

840 Lake Shore Drive: These homes encompass the Chicago lifestyle through modern luxury living, from building services to its desirable location in Streeterville on the perimeter of Lake Michigan.

The Chicago lifestyle certainly isn’t one to disappoint. To learn more about it, contact me at 312-264-5853 or by email at ssalnick@rubloff.com.

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New York Real Estates » Blog Archive » <b>Real Estate</b> For Sale – 5 BR <b>...</b>

Price: $329,900, City: Newburgh, Square feet: n/aLocation: 62 Beacon Street, Newburgh, NY, 12550, US

Well maintained 4 family investment located in Newburgh’s Washington Heights area. Tenants pay for heat, hotwater, and electric which keep expenses low. (Internet 5406931-2/26/2011)

Property Type: Townhouse and CondoListing type: For saleListing status: ActiveBedrooms: 5Bathrooms: 4Agent: Contact OfficeBroker: Key Properties of Hudson ValleyAuthor: PostYourListings.com

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New York Real Estates » Blog Archive » <b>Real Estate</b> For Sale – 1 <b>...</b>

Price: $185,000, City: Astoria, Square feet: n/aLocation: Astoria, NY, 11105, US

Excellent 1 Bedroom Co-Op.Nice Lay-Out, Great Light, Approx 650 Sq.Ft Pet Friendly And Fully Renovated, Everything New. Great Location Walk To Train, Shopping, Restaurants And More!No Board Approval, No Flip Tax And Just 10% Down, Rentable Right

Property Type: ApartmentListing type: For saleListing status: ActiveBedroom: 1Bathroom: 1Agent: Raja TayebBroker: Realty Executives TodayAuthor: PostYourListings.com

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<b>Real Estate</b> Portal USA Surpasses 100 Million Vectorized Parcels <b>...</b>

CLEVELAND, OH—March 1, 2011—Real Estate Portal USA, a leading  provider in Web-based real estate information for searching and mapping parcels, announced today that its national coverage now includes more than 100 million parcels (property boundaries), encompassing more than 70 percent of the United States population.

The company’s download-ready data—stored in vectorized polygon format rather than point location—is rich with attribution, including assessor parcel number (APN), address, ownership and up to 70 other neighborhood, valuation, land use, and building characteristic attributes as available. The broad coverage of data that Real Estate Portal USA offers enables professionals in any industry to utilize the information on both a regional and national scale.

Parcel data is becoming increasingly important, as government, utilities, insurance, real estate, appraisal, legal, remote sensing, clean energy, data integration, oil/gas exploration and Web and print mapping industries rely on this type of information for fast and accurate access to land records, associated ownership, land valuation and sales trends. In addition, the vectorized, geo-referenced polygon dataset serves as a detailed and accurate base map for operations and inventory management. Access to extensive data provides entities with a stronger knowledge base, resulting in better business decisions and more cost-effective and profitable operations.

Real Estate Portal USA solves the problems of non-standard parcel data between regions by normalizing parcel attributes to a single naming convention and cleaning and transforming each vector data to utilize a uniform map projection, allowing for seamless integration and interoperability with Web map APIs, including Google and Bing Maps, Google Earth® and standard GIS applications.
Parcel data is accessible for search and browsing through the company’s website (http://reportallusa.com) or by downloading PARLAY (Real Estate Portal USA’s parcel layer for Google Earth®). Through the website, subscribers have instant access to the available United Statesdataset, which can be downloaded in shapefile, Microsoft® Excel® or KML formats for easy analysis and visualization in GIS, spreadsheet or Google Earth® software. The company’s fully automated Web store enables subscribers to purchase data and instantly download files 24 hours a day, seven days a week. For more information on purchasing county parcel data or for more product details including sample downloads, please visit http://reportallusa.com/products.html.

Building on the company’s strategy of acquiring, transforming, organizing and displaying parcel data, Real Estate Portal USA plans to further expand its coverage in 2011. The company more than doubled its parcel polygon count in 2010 (from 43 million in 2009) and has increased its county coverage from 450 to more than 1,300 counties. Real Estate Portal USA leads the industry in data freshness, with 80 percent of data updated within the last year and 50 percent updated in the last quarter.

About Real Estate Portal USA
Real Estate Portal USA is one of the nation’s largest parcel data providers, leading the industry with the most up-to-date information in an integrated national Web-based mapping platform. Covering more than 100 million parcels in more than a thousand U.S. counties, the company’s data architecture solves the problems associated with non-standardized parcel data between counties, regions and states. Real Estate PortalUSA is based in Cleveland, Ohio.

###

Media Contact:
Joe Harwood
Real Estate Portal USA Inc.
+1-216-712-7779
info@reportallusa.com
Trademarks
Microsoft, Microsoft Excel and Bing are registered trademarks of Microsoft Corporation.

Google and Google Earth are registered trademarks of Google Inc.

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DotLoop Joins Prudential <b>Real Estate</b> in San Diego

PRLog (Press Release) – Mar 01, 2011 – The collaborative workspace for real estate professionals, DotLoop, is a preferred vendor at this year’s Prudential Real Estate Conference in San Diego, Calif., March 6-8.  This marks one in series of stops along DotLoop’s national expansion that began in January.

As part of the nationwide expansion, DotLoop has attended and sponsored leading real estate specific events such as Keller Williams Family Reunion and the Xplode Real Estate Technology Conference Series. The events have garnered the attention of top industry publications such as RISmedia and REtechnology. The notoriety has been integral to DotLoop’s growth as it exposes real estate professionals to the innovative platform where deals get done.  

DotLoop provides a collaborative workspace to share and sign documents with the added convenience and security of electronic signatures.  Its design increases efficiency by allowing all parties in a transaction to collaborate seamlessly, from one workspace; thus eliminating cumbersome practices of traditional real estate such as printing, faxing and driving between appointments.

DotLoop’s collaborative workspace allows buyers, sellers and real estate agents to work together to close more real estate transactions in less time, as if they were all sitting at a table together.  Both buying and listing agents are able to invite one another into a loop to collaborate in the negotiation and transaction process.  

After a loop is initiated, either party can share, electronically sign or revise the documents pertinent to the transaction with DotLoop’s unique “Version Now” technology. “Version Now” always provides agents and their clients with the most recent version, rather than drafting several copies of the same document.

Once negotiations are complete, transactions are finalized using electronic signatures. When a deal is done, all parties can view a thorough record of transaction activity for improved accuracy and security.  All parties in the Loop are notified of real time activity on the transaction via text or email.

DotLoop continues its nationwide expansion with upcoming event appearances including the 2011 Leading Real Estate Companies of the World Conference in Las Vegas, RETech South Conference in Duluth, Ga. and the NAR Mid Year Legislative Meetings and Trade Expo in Washington, D.C.  

About DotLoop

Headquartered in Cincinnati, Ohio, DotLoop is transforming the real estate industry by providing a secure online platform where any real estate agent can share and sign transaction documents.  As the leading provider of collaborative negotiation services, DotLoop is available to service all real estate professionals throughout the United States and Canada.  The collaborative workspace by DotLoop is a wholly web-based negotiation platform that lets users add, adjust, approve, and electronically sign documents digitally - addressing the challenges of security, efficiency, and overhead costs in today's real estate industry.  For more information, visit www.dotloop.com.

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Superior <b>Real Estate</b> | Landscaping Options: Spaded Trees vs <b>...</b>

Landscaping is a fairly easy way to bring a bit of beauty to the outside of your home. Trees throughout thier life will provide a sense of timeless beauty, coolness for the interior of your home, and a place to play outside for your family. When you have decided to plant a few trees, the next question is whether they will be nursery trees or spaded ones. They both have their strong and weak points.

Nursery Trees

Using a nursery tree is one that most people gravitate towards. They are smaller, easier to transport, and are often in better shape due to the time in the nursery. In addition, they often have a denser root structure, and the nursery will often supply specialized soils and materials to help make sure the tree survive and thrive in their new environment.

The nursery trees are not able to provide an instant and mature look to your yard, and some would consider this a bad point. A new home owner may not see this as a problem. However, a seller may see this extended growth time as a deterent to their goals.

Why Make the Spaded Tree Decision?

If the resources are available, and there are time restraints in your future, spaded trees may be a more cost effective decision. These are nothing more than trees that have been allowed to grow in another area before being transplanted to your yard. The main advantage of these spaded trees is that they will instantly transform your yard into something truly unique.

It should be noted that the cost of digging up, transporting, and successfully planting the spaded tree can be considered a disadvantage. Also, there is no real gaurantee that the tree will survive the move. This is why many people with limited resources do not choose this option.

Regardless of which tree type you choose, both will make your yard go up in aesthetic beauty. Both choices are viable options depending on your needs, your resources, and your desired results.

Searching for real estate in Longmont CO or considering buying Loveland CO real estate? You can find more information and access real estate listings from any region or city in Colorado. Our team of real estate agents is ready to assist you with any request you may have about properties you find listed on these sites.

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<b>Real Estate</b> Newsletters-what Does It Contain?

At this time when real estate is picking up in the worlds most capitals, real estate dealers have come up with ways that can enable them market themselves well. There are many ways that this can be achieved but what should be of great concern is the ability to cut down costs while getting the publicity that you need. Read estate newsletters can help make it possible since it makes it possible to reach an s many people as possible who are interested in the product or service that you are dealing with in the most suitable way.

Real estate newsletters are sending to realtors that are scattered among different places locally and internationally. The information that is found inside is very informative. Different varieties of information concerning real estate are found in the se newsletters and so it can be a great source of information to whoever is interested in real estate issues.

Real estate newsletters are the best way that you can take your business to the next level. You can get known by many people and you will appreciate the fact that your business prospects will continue growing as days go by.

Since this newsletter has been available for many years, there are millions of people out there who are interested in it. There are those who rely on real estate newsletters to advertise their real estate property while others make use of it when they are interested in getting a property to buy. Furthermore, both property owners and clients that are interested in renting residential or commercial premises make use of real estate newsletters to achieve their goal faster.

Cost can be saved while achieve efficiency in communication if you make use of real estate newsletters to communicate your needs.

It offers realtors the chance to share information that they need to further their business. The editors of these newsletters create captivating tittles and ensure that the content that's published is worth reading. They are very keen to select content that will provide the information that's needed.

Whether you are a real estate investor or just any other ordinary person with a desire to learn a few things in real estate, real estate newsletters can make the best start for you. You can get this magazine from your nearest realtor or from those people who sell it. Since it's released on periodic basis, you will get the chance to enjoy a lot of benefit from it. The content is discussed by the industry experts hence can provide you with the best information that you need. Real estate newsletter is all you need to advance your real estate knowledge.

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Michigan Real Estates » Blog Archive » <b>Real Estate</b> Owned property <b>...</b>

Price: $75,600, City: Waterford, Square feet: n/aLocation: Plains Dr, Waterford, MI, 48329

This property is an REO (Real Estate Owned). This is the final step in the foreclosure process. Ownership has reverted to the lender. This 1691 square foot property has 3 bedroom(s) and 1 bath(s). The estimated sale price is $75600. To access more

Property Type: Single familyListing type: ForeclosureListing status: ActiveBedrooms: 3Bathroom: 1Agent: n/aBroker: n/aAuthor: RealtyTrac

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