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Gay Realtor Michael Young

Featured Gay Realtor: Michael Young, Mc-Kenzie-Baker Properties Real Estate, Portland, OR

Buying a Home

Opera, Golden Retrievers, and Real Estate ~ These are important to me but the most important thing to me is our relationship. Regardless of whether you are selling a home you have loved and cared for, or are buying a new home and starting a new adventure, I will be there for you. I will guide you and advocate for you, striving to help you achieve your goals as easily as possible. This relationship will not end when our business is finished. I will continue to stay in touch whether […]

Renee Zellweger

Renee Zellweger Lists Connecticut Farmhouse

Other

While many celebrities head to Malibu for vacation homes and away from the bright lights of Hollywood, others flee to more rural areas for respite. Renee Zellweger chose Connecticut for a vacation spot, picking up a pastoral estate in November 2004 for $1.32 million. The blonde starlet recently listed the home for sale on the Pomfret Center real estate market for $1.5 million. According to Real Estalker, Zellweger’s Connecticut home isn’t the only Northeast estate she owns. She also has a place in the New York beach getaway, the Hamptons, […]

Buyer found for nation’s priciest bank-owned home

Buyer found for nation’s priciest bank-owned home

Buying a Home

Homeowners usually dread having foreclosures in their neighborhoods because it tends to put a drag on the value of surrounding properties, but they might not mind living next to 188 Minna St., in San Francisco. Among the nearly 4 million homes owned by banks today, according to Barclays Capital, this one stands out. For one thing, there’s the waterfall in the foyer. And the 2,500-square-foot master bedroom with a hallway just for closets. And the 22-foot glass walls that look out on San Francisco’s Arts District. And the fact that […]

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Chicago Sued Over Vacant-Properties Upkeep Fee

Other

The federal regulator overseeing Fannie Mae and Freddie Mac sued the city of Chicago on Monday over an ordinance that makes mortgage creditors liable for the upkeep of vacant properties. Lenders are liable for daily fines of as much as $1,000 if they don’t mow lawns and provide basic maintenance on vacant buildings under an ordinance signed into law by Mayor Rahm Emanuel. Lenders especially opposed the requirement they maintain properties they hadn’t yet taken back through foreclosure. After lenders threatened to sue, the city revised the ordinance in November […]

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10 States Hit Hardest by Foreclosures

Other

For the 59th month in a row, Nevada continues to have the highest foreclosure rate in the country — despite a new law that took effect in October that changed the state’s foreclosure process and was expected to curtail foreclosures there. Although foreclosures were down 43 percent year-over-year in Nevada, its foreclosure rate still remained higher than any other state. The following are the top 10 states with the highest foreclosure rates in the country in November, according to RealtyTrac data. Nevada: 1 in every 175 home received a foreclosure […]

Featured Gay Realtor: Andrew Daily, Remerica Hometown One Real Estate, Birmingham, MI

Buying a Home

My Buyers Assistance Program and exclusive negotiating skills will assure you that you have the best representation in the home purchasing process. If you are attempting to sell your home an excellent marketing product is the fundamental key in the current Real Estate Market. I have a sales marketing plan that is sure to impress even the most educated and savvy home seller & Realtor Interviewer. My marketing plan is a 360 degree proven system and by selecting a Realtor that provides such a service you will obtain a higher […]

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FHFA Sues Chicago Over Vacant Home Upkeep Law

Other

In Chicago, lenders are required to maintain vacant homes in foreclosure, such as by keeping lawns mowed and tidy and attending to maintenance issues inside. Lenders found in violation can face daily fines up to $1,000. But the Federal Housing Finance Agency (FHFA) is suing the city of Chicago for its new ordinance, saying the city is overstepping its authority with the mandate. FHFA, which oversees Fannie Mae and Freddie Mac, says the ordinance is unfair because it “imposes all the costs of home ownership without any of the benefits, […]

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California ranks No. 1 for mortgage fraud

Mortgage Loan

Mortgage fraud activity slowed overall in the third quarter, but California ranks first in home loan fraud, with the state seeing as much as $204.2 million in losses on deceptive mortgage activity. That’s according to a new report from MortgageDaily, which found that lenders victimized by fraud faced inflated appraisals and fraudulent documentation. California was followed by New York, which experienced $199.6 million in losses from nefarious activities in mortgage finance. New York was followed by Florida, South Carolina and Minnesota in terms of fraudulent activity. The total loss value […]

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Where Are Mortgage Rates Heading?

Mortgage Loan

Where are rates heading? You may soon get more insight with a new proposal the Federal Reserve is weighing. The Federal Reserve doesn’t traditionally make a point to reveal its predictions for future actions on interest rates widely known to the public — that is, until recently. This summer in a rare step, the Fed announced that it would keep short-term interest rates at nearly zero until 2013. The Fed may start making it a tradition to reveal more with a regular forecast of its future decisions on interest rates. […]

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Mortgage debt to shrink over next several years: KBW

Mortgage Loan

Even if home prices and household leverage stabilize next year, mortgage debt outstanding will continue to contract over the next several years because of high credit losses, according to analysts at financial services firm Keefe, Bruyette & Woods. “Given the high delinquency rates, large discounts in private label securities prices and large provisions already taken by banks, in our view it is clear that a meaningful percentage of loans will default and not be replaced by new loans as the homeownership rate continues to contract,” the analysts say. “This trend is […]

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