Source: http://www.mplsrealtor.com/downloads/enotes/2011_03-14.htm
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Wednesday, November 30, 2011
enotes - March 28, 2011
MAAR's weekly electronic newsletter for the week of March 28, 2011.
Source: http://www.mplsrealtor.com/downloads/enotes/2011_03-28.htm
Shut up and sell
6 rules for negotiating multiple-offer situations
Source: http://feedproxy.google.com/~r/inmannews/~3/Rsx59SDrosQ/shut-and-sell
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Tuesday, November 29, 2011
Cargill joins local sale-leaseback trend
Cargill Inc. has joined the recent trend of companies trying to find cash in their real estate holdings. The Wayzata-based food giant has put up for sale one of the office buildings at its Excelsior Crossings campus in Hopkins. It intends to remain in the property and lease it back from a new owner. That will free up cash that Cargill can invest elsewhere in its enterprise. The deal follows a trend set by other local large companies, such as Blue Cross and Blue Shield of Minnesota and UnitedHealth Group Inc...
Living In | Glendale, Queens: Glendale, Queens/Living In - Tucked Away and Neatly Tricked Out
A Queens neighborhood with a varied housing stock, most of it dating to the first half of the 20th century, from one-family Tudors to semidetached and two-family colonials.
Source: http://feeds.nytimes.com/click.phdo?i=29d05a7614fe00f16881e77d91da2bd2
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Monday, November 28, 2011
Housing Supply Outlook - February 2011
A thorough and detailed look at the current supply of homes for sale and absorption rates by price range, property type and construction status for the Twin Cities housing market.
Source: http://www.mplsrealtor.com/downloads/market/HSO/hso_2011_02.pdf
Monthly Market Indicators - February 2011
A comprehensive look at the entire Twin Cities housing market in one location.
Source: http://www.mplsrealtor.com/downloads/market/MMI/archive/mmi_2011_02.pdf
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Weekly Market Activity Report - March 21, 2011
MAAR's Weekly Market Activity Report for the Twin Cities ? Week of March 21, 2011.
Source: http://www.mplsrealtor.com/downloads/market/WMAR/Archive/WMAR_2011_03-21.pdf
Sunday, November 27, 2011
Miami Man Found Dead in House With 60,000 Bees
Filed under: News
A woman in Miami uncovered a nightmarish scene recently -- finding her father dead in his home, surrounded by a swarm of some 60,000 bees.The man was in the middle of renovating the home for his daughter, neighbors told local TV station WPLG. The family had reportedly owned the 1920s-era home for decades. The cause of death has not yet been determined.
A local bee eradication expert posited that the man was trying to eliminate the bees himself, but may have been overwhelmed by the swarm.
In another extraordinary case of infestation, AOL Real Estate reported earlier this year about a home in Idaho crawling with thousands of garter snakes. Two homebuyers already have abandoned the home and, as of our last update, Chase bank is still looking for a buyer. The previous owner, Ben Sessions, claims to have killed 42 snakes in one day.
Both episodes should remind homebuyers of the importance of thorough home inspections and Realtor disclosures before signing on the dotted line. In most states, deaths on the premises must be disclosed if they occurred in the recent past, and sellers often must be even more transparent about violent or unusual deaths. It always pays for a prospective buyer to perform their due diligence, especially in older homes where building violations are more likely to be encountered.
See also:
Real Estate Disclosure: What You Don't Know Can Hurt You
3 Contingencies Ever Home Contract Needs
Snakes on the Plain: Infested Home Still Seeks Buyer
Old Haunts, New Buyers: How to Handle Stigmatized Properties
%Gallery-123614%
More on AOL Real Estate:
Find out how to calculate mortgage payments.
Find homes for sale in your area.
Find foreclosures in your area.
See celebrity real estate.
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Source: http://realestate.aol.com/blog/2011/11/22/miami-man-found-dead-in-house-with-60-000-bees/
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Cargill joins local sale-leaseback trend
Cargill Inc. has joined the recent trend of companies trying to find cash in their real estate holdings. The Wayzata-based food giant has put up for sale one of the office buildings at its Excelsior Crossings campus in Hopkins. It intends to remain in the property and lease it back from a new owner. That will free up cash that Cargill can invest elsewhere in its enterprise. The deal follows a trend set by other local large companies, such as Blue Cross and Blue Shield of Minnesota and UnitedHealth Group Inc...
Saturday, November 26, 2011
A Biotech Building Boom
The pharmaceutical industry is cutting back these days, but you would never know it from the construction underway by Pfizer Inc.
Friday, November 25, 2011
Report: Minorities a Prime Target of High-Risk Mortgages
Filed under: News
Blacks and Hispanics with credit scores higher than 660 received subprime and option adjustable-rate mortgages three times as often as white borrowers in similar financial standing between 2004 and 2008, according to a new study from the Center for Responsible Lending.The center studied the loan quality, borrower characteristics and performance of 27 million mortgages made over that five-year period. Lenders foreclosed on 6.4 percent of those loans with another 8.3 percent at "immediate, serious risk" as of February, researchers said.
The study showed foreclosures on 12.8 percent of loans with a hybrid or option-ARM feature -- defined as those that reset within five years, negative amortization or had interest-only payments - compared to 3.3 percent of standard or fixed-rate loans.
Lenders targeted these products to minority communities, according to the research. Roughly 25 percent of all black and Hispanic borrowers who took out a loan between 2004 and 2008 lost their home to foreclosure, compared to 12 percent of white borrowers.
The disparity exists even in the higher-income brackets.
Roughly 10 percent of blacks and 15 percent of Hispanics in higher-income brackets went through foreclosure, compared to 4.6 percent of whites who earned the same amount.
Read the full story at HousingWire.
Also see:
How Much Can You Afford [Video]
FHA Loan Limit Raised, Despite Opposition
When It Comes to Mortgages, Women Don't Shop Enough
%Gallery-139870%
More on AOL Real Estate:
Find out how to calculate mortgage payments.
Find homes for sale in your area.
Find foreclosures in your area.
See celebrity real estate.
Permalink | Email this | Comments
Source: http://realestate.aol.com/blog/2011/11/21/report-minorities-a-prime-target-of-high-risk-mortgages/
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Sales Still on the Rise as the Role of Foreclosures Diminishes
News release covering Twin Cities housing statistics for June 2011.
Source: http://www.mplsrealtor.com/downloads/inside/press-releases/news_2011-07.pdf
Weekly Market Activity Report - June 13, 2011
MAAR's Weekly Market Activity Report for the Twin Cities ? Week of June 13, 2011.
Source: http://www.mplsrealtor.com/downloads/market/WMAR/Archive/WMAR_2011_06-13.pdf
Thursday, November 24, 2011
Weekly Market Activity Report - June 13, 2011
MAAR's Weekly Market Activity Report for the Twin Cities ? Week of June 13, 2011.
Source: http://www.mplsrealtor.com/downloads/market/WMAR/Archive/WMAR_2011_06-13.pdf
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European debt crisis threatens US recovery
U.S. credit markets may freeze, leading the American economy to slide back into a recession, if the debt crisis plaguing a few European sovereigns spreads to the core eurozone countries.
Analysts at Toronto-based Capital Economics said the potential recession across Euro area and the possible break up of the roughly decade-old currency creates an incredible amount [...]
Analysts at Toronto-based Capital Economics said the potential recession across Euro area and the possible break up of the roughly decade-old currency creates an incredible amount [...]
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Wednesday, November 23, 2011
Weekly Market Activity Report - July 11, 2011
MAAR's Weekly Market Activity Report for the Twin Cities ? Week of July 11, 2011.
Source: http://www.mplsrealtor.com/downloads/market/WMAR/Archive/WMAR_2011_07-11.pdf
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Block E silent investor Kessler steps forward
The largest investor in the company that owns the Block E retail development is Irv Kessler, a fund manager who was a partner in the former Deephaven Capital Management. Kessler sat down with me Friday afternoon along with Alatus LLC principals Bob Lux and Phillip Jaffee to talk about Block E and the casino project they've been trying to get approved for the past several months. Details about the ownership of Block E have been a mystery since Alatus bought it last year through a company called Camelot LLC for $14 million...
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Tuesday, November 22, 2011
Weekly Market Activity Report - July 5, 2011
MAAR's Weekly Market Activity Report for the Twin Cities ? Week of July 5, 2011.
Source: http://www.mplsrealtor.com/downloads/market/WMAR/Archive/WMAR_2011_07-05.pdf
Open Houses of the Week: Golden Opportunities for Retirees
There's something about that "Open House" sign that acts like a magnet. Whether you're looking for a new place to live, keeping tabs on real estate in your neighborhood, or just angling for a sneak peek at someone else's private domain, the lure of an open door is strong indeed.This week we explore homes in some of the best cities in the nation for retirement, as rated by Kiplinger.com. Using a wide range of considerations, including affordability, access to health care and tax perks, Kiplinger identified the best cities for retirees to call home. Below are just a few of the hot properties on display this weekend.
Open Houses for Nov. 19-20
Open house: Sunday, Nov. 20
Location: 246 Big Springs Drive
Price: $375,000
Property details: At over 2,400 square feet, this one-story brick home isn't for empty nesters looking to downsize. But who says all retirees want smaller? And with taxes per capita at $700 below the national average, you can afford the extra space. Did we mention that older homeowners aren't required to pay property taxes in Birmingham?
Open house: Sunday, Nov. 20
Location: Not listed
Price: $1,795,000
Property details: Yes, Tucson fully exempts Social Security benefits, and yes, it also has a huge inventory of affordable housing -- but we couldn't help but show off this pricey desert stunner. This over 5,000-square-foot home has breathtaking views of the desert landscape and amenities to rival anything in the big coastal cities. But if it's not your cup of tea, browse any number of other Tucson homes for sale below.
See inside this property.
See more Tucson homes for sale.
Open house: Sunday, Nov. 20
Location: 115 Konnoak Village Circle
Price: $98,400
Property details: See past the more popular city of Charlotte and give "The City of the Arts" a chance. Winston-Salem boasts a rich history of arts and entertainment and offers it up for a fraction of big city prices. Take this brand new three-bedroom home for under $100,000, for instance.
Open house: Sunday, Nov. 20
Location: 107 Dallaire St.
Price: $229,900
Property details: Without sales, income, estate and inheritance taxes, Manchester is an ideal location for retired homebuyers. While there are certainly cheaper housing markets to be found, good luck finding a community with as many attractions -- and in such close proximity to New York and Boston -- as Manchester. Pictured left is a charming 1950s-era two-bedroom with cathedral-style ceilings and brand new roofing. Click through the photos to see the rest of the home's hidden gems.
Open house: Saturday, Nov. 19
Location: 23 W. 36th
Price: $225,000
Property description: With gorgeous weather, beautiful landscapes and no state income tax to speak of, Spokane should rank high on any homebuyer's list -- especially those on a fixed income. This three-bedroom home includes refinished oak floors, arched doorways, coved ceilings, two fireplaces, and attractive built-ins throughout the home. Take the full tour in the listing below.
See inside this property.
See more Spokane homes for sale.
Open House: Saturday, Nov. 19
Location: 101 Stone Bluff Court
Price: $234,900
Property description: For outdoorsy home buyer, Knoxville is just little more than an hour's drive to the Great Smoky Mountains National Park and Blue Ridge Mountains. And feel free to splurge at the gas station mini-mart -- Knoxville's living costs are among the lowest on the list. This recently built four-bedroom home puts you right in the center of the great wide open without breaking the bank.
See inside this property.
See more Knoxville homes for sale.
Open house: Friday, Nov. 18
Location: 268 Abello Road S.E.
Price: $81,000
Property description: Of course you were expecting a Florida entry on the list, but did you expect the less assuming city of Palm Bay? In the absence of a state income tax, the senior population has grown to more than 20 percent, according to Kiplinger. Seafarers take note: Palm Bay also has the second-busiest cruise port in the world, so setting sail to far off destinations is never out of the cards. Best of all, housing in Florida remains dirt cheap due to the lingering effects of the housing bubble. This three-bedroom home can be yours for just $81,000.
See inside this listing.
See more Palm Bay homes for sale.
Open house: Sunday, Nov. 20
Location: 2 Graybridge Lane
Price: $999,000
Property description: What retirement list would be complete without some love for the Midwest? Starting in 2012, Mound City will cover 100 percent of income tax exemptions for Social Security benefits, according to Kiplinger. Combine that with a low cost of living and plenty of attractions, and you have one of the best all-around retirement cities in the nation. But that doesn't mean you can't find big-sticker real estate in this popular burg. Coming in just shy of a million, this four-bedroom looker might be more than many retirees are looking for, but once you see the interior you'll understand its inclusion.
See inside this listing.
See more St. Louis homes for sale.
More great AOL Real Estate galleries:
Buy a Decent Home for Less Than $10,000
Midcentury Modern Homes: The Cool That's Still Hot
Million-Dollar Foreclosures
%Gallery-138078%
More on AOL Real Estate:
Find out how to calculate mortgage payments.
Find homes for sale in your area.
Find foreclosures in your area.
Finds homes for rent in your area.
Birmingham, Ala.
Open house: Sunday, Nov. 20
Location: 246 Big Springs Drive
Price: $375,000
Property details: At over 2,400 square feet, this one-story brick home isn't for empty nesters looking to downsize. But who says all retirees want smaller? And with taxes per capita at $700 below the national average, you can afford the extra space. Did we mention that older homeowners aren't required to pay property taxes in Birmingham?
See inside this property.
See more Birmingham open houses
Tucson, Ariz.
Open house: Sunday, Nov. 20
Location: Not listed
Price: $1,795,000
Property details: Yes, Tucson fully exempts Social Security benefits, and yes, it also has a huge inventory of affordable housing -- but we couldn't help but show off this pricey desert stunner. This over 5,000-square-foot home has breathtaking views of the desert landscape and amenities to rival anything in the big coastal cities. But if it's not your cup of tea, browse any number of other Tucson homes for sale below.
See inside this property.
See more Tucson homes for sale.
Winston-Salem, N.C.
Open house: Sunday, Nov. 20
Location: 115 Konnoak Village Circle
Price: $98,400
Property details: See past the more popular city of Charlotte and give "The City of the Arts" a chance. Winston-Salem boasts a rich history of arts and entertainment and offers it up for a fraction of big city prices. Take this brand new three-bedroom home for under $100,000, for instance.
See inside this property.
See more Winston-Salem homes for sale.
Manchester, N.H.
Open house: Sunday, Nov. 20Location: 107 Dallaire St.
Price: $229,900
Property details: Without sales, income, estate and inheritance taxes, Manchester is an ideal location for retired homebuyers. While there are certainly cheaper housing markets to be found, good luck finding a community with as many attractions -- and in such close proximity to New York and Boston -- as Manchester. Pictured left is a charming 1950s-era two-bedroom with cathedral-style ceilings and brand new roofing. Click through the photos to see the rest of the home's hidden gems.
See inside this property.
See more Manchester homes for sale.
Spokane, Wash.
Open house: Saturday, Nov. 19Location: 23 W. 36th
Price: $225,000
Property description: With gorgeous weather, beautiful landscapes and no state income tax to speak of, Spokane should rank high on any homebuyer's list -- especially those on a fixed income. This three-bedroom home includes refinished oak floors, arched doorways, coved ceilings, two fireplaces, and attractive built-ins throughout the home. Take the full tour in the listing below.
See inside this property.
See more Spokane homes for sale.
Knoxville, Tenn.
Open House: Saturday, Nov. 19Location: 101 Stone Bluff Court
Price: $234,900
Property description: For outdoorsy home buyer, Knoxville is just little more than an hour's drive to the Great Smoky Mountains National Park and Blue Ridge Mountains. And feel free to splurge at the gas station mini-mart -- Knoxville's living costs are among the lowest on the list. This recently built four-bedroom home puts you right in the center of the great wide open without breaking the bank.
See inside this property.
See more Knoxville homes for sale.
Palm Bay, Fla.
Open house: Friday, Nov. 18Location: 268 Abello Road S.E.
Price: $81,000
Property description: Of course you were expecting a Florida entry on the list, but did you expect the less assuming city of Palm Bay? In the absence of a state income tax, the senior population has grown to more than 20 percent, according to Kiplinger. Seafarers take note: Palm Bay also has the second-busiest cruise port in the world, so setting sail to far off destinations is never out of the cards. Best of all, housing in Florida remains dirt cheap due to the lingering effects of the housing bubble. This three-bedroom home can be yours for just $81,000.
See inside this listing.
See more Palm Bay homes for sale.
St. Louis, Mo.
Open house: Sunday, Nov. 20Location: 2 Graybridge Lane
Price: $999,000
Property description: What retirement list would be complete without some love for the Midwest? Starting in 2012, Mound City will cover 100 percent of income tax exemptions for Social Security benefits, according to Kiplinger. Combine that with a low cost of living and plenty of attractions, and you have one of the best all-around retirement cities in the nation. But that doesn't mean you can't find big-sticker real estate in this popular burg. Coming in just shy of a million, this four-bedroom looker might be more than many retirees are looking for, but once you see the interior you'll understand its inclusion.
See inside this listing.
See more St. Louis homes for sale.
More great AOL Real Estate galleries:
Buy a Decent Home for Less Than $10,000
Midcentury Modern Homes: The Cool That's Still Hot
Million-Dollar Foreclosures
%Gallery-138078%
More on AOL Real Estate:
Find out how to calculate mortgage payments.
Find homes for sale in your area.
Find foreclosures in your area.
Finds homes for rent in your area.
Permalink | Email this | Comments
Source: http://realestate.aol.com/blog/2011/11/18/open-houses-of-the-week-golden-opportunities-for-retirees/
Monday, November 21, 2011
Domestic Lives: Madison Smartt Bell: In a Hut in Haiti, Waiting for Spirits
A house with two doors, three windows and machete-wielding neighbors to protect it.
Source: http://feeds.nytimes.com/click.phdo?i=2e122f0f8a0d8567121853bc13576e5e
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Weekly Market Activity Report - February 7, 2011
MAAR's Weekly Market Activity Report for the Twin Cities ? Week of February 7, 2011.
Source: http://www.mplsrealtor.com/downloads/market/WMAR/Archive/WMAR_2011_02-07.pdf
Sunday, November 20, 2011
Mortgage rates near historic lows for third straight week
Demand for purchase loans down 9.5% from a year ago
enotes - February 28, 2011
MAAR's weekly electronic newsletter for the week of February 28, 2011.
Source: http://www.mplsrealtor.com/downloads/enotes/2011_02-28.htm
Saturday, November 19, 2011
Weekly Market Activity Report - March 7, 2011
MAAR's Weekly Market Activity Report for the Twin Cities ? Week of March 7, 2011.
Source: http://www.mplsrealtor.com/downloads/market/WMAR/Archive/WMAR_2011_03-07.pdf
Friday, November 18, 2011
International Real Estate: Real Estate in Majorca
Residential property prices are selling 10 to 20 percent below levels reached during the height of Spain?s housing bubble.
Source: http://feeds.nytimes.com/click.phdo?i=2008319209a4682b9aa757ee5b3494d0
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Weekly Market Activity Report - May 2, 2011
MAAR's Weekly Market Activity Report for the Twin Cities ? Week of May 02, 2011.
Source: http://www.mplsrealtor.com/downloads/market/WMAR/Archive/WMAR_2011_05-02.pdf
Thursday, November 17, 2011
Living the B&B Dream
For lots of people, running a bed-and-breakfast is a bunch of different daydreams rolled into one. What's it like to actually do it?
Salma Hayek's In-Law Drops $32 Million on a London Two-Bedroom
Filed under: Celebrity Homes
Certainly with Salma Hayek standing in it, the room -- any room -- looks better. But when her father-in-law, Francois Pinault of Gucci fame, dropped a whopping $32 million for an historic brick mansion in the Chelsea neighborhood of London, eyebrows were raised. Why? The unit only has two bedrooms, and spending $32 million on anything against the backdrop of the European debt crisis seems, well, excessive.
Pinault, founder of the luxury conglomerate PPR, is expected to totally remodel the unit, which was featured as Uncle Monty's bachelor pad in the 1987 cult comedy film, "Withnail and I," according to the Telegraph, which broke the story.
The idea of a renovation to the triple-height ceiling Queen Anne revival property (pictured left) probably has the seller, the famed designer Prof. Bernard Nevill, twitching all the way to the bank. Nevill, the father of "shabby chic," spent decades redoing the interior. Much of the contents were auctioned this summer through Christie's, South Kensington.PPR, now run by Hayek's hubbo Francois-Henri, owns the luxury brands Gucci, Stella McCartney and Yves Saint Laurent. The company's annual revenues last year were around $20 billion.
See more celebrity real estate on AOL Real Estate.
See other over-the-top London apartments
Most expensive rental ever?
$9,500 a square foot
More on AOL Real Estate:
Find out how to calculate mortgage payments.
Find homes for sale in your area.
Find foreclosures in your area.
Find rentals in your area.
Wednesday, November 16, 2011
New York Real Estate Question & Answer
Blood isn?t thicker than co-op rules; fireplace maintenance in a co-op building; when rent can be deregulated; a regulated tenant wants a roommate.
Source: http://feeds.nytimes.com/click.phdo?i=c951f2b187b1e598b5fa0f550b34834f
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A Land Claim With Strings Attached
A group of Maidu Indians is laying claim to a remote valley in Northern California using a new approach by native groups as it squares off with state officials.
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Tuesday, November 15, 2011
New-home sales creep higher
Sales of new homes, a benchmark indicator both for the housing market and the overall economy, rose slightly but remained slow in September.
Source: http://rss.cnn.com/~r/rss/money_realestate/~3/KEYabiDg_Uk/index.htm
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Foreclosures and Short Sales - April 2011
A comprehensive, monthly view of the foreclosure and short sales situation in the Twin Cities housing market.
Source: http://www.mplsrealtor.com/downloads/market/FSS/fss_2011-04.pdf
Monthly Market Indicators - April 2011
A comprehensive look at the entire Twin Cities housing market in one location.
Source: http://www.mplsrealtor.com/downloads/market/MMI/archive/mmi_2011_04.pdf
Monday, November 14, 2011
Weekly Market Activity Report - May 23, 2011
MAAR's Weekly Market Activity Report for the Twin Cities ? Week of May 23, 2011.
Source: http://www.mplsrealtor.com/downloads/market/WMAR/Archive/WMAR_2011_05-23.pdf
Foreclosures and Short Sales - February 2011
A comprehensive, monthly view of the foreclosure and short sales situation in the Twin Cities housing market.
Source: http://www.mplsrealtor.com/downloads/market/FSS/fss_2011-02.pdf
Sunday, November 13, 2011
NAR weighs IDX listings display on social media sites
Some MLSs fear brokers will stop sharing listings
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Home Ownership Rose in Third Quarter
The nation's home-ownership rate ticked up in the third quarter, suggesting a three-year decline in home ownership may be starting to bottom out.
A Scenic Escape
The owner of this roughly 3,400-square-foot home in the town of Cortlandt, N.Y., renovated it twice rather than move because she couldn't match the views or the setting.
Saturday, November 12, 2011
Friday, November 11, 2011
Vacant House Targeted by Squatters, Scammers and Thieves
Filed under: News, Advice, Foreclosures
Empty houses -- those either awaiting foreclosure or where the owners have moved out for other reasons -- might as well have a "kick me" sign on them. Actually, make that "vandalize me" sign. They are frequently the targets of squatters who move in illegally, scammers who claim they own them and rent them out to unsuspecting tenants, or just plain old garden variety thieves who break in and steal the valuables right down to the copper plumbing and refrigerator.Or, in the case of one Suffolk County house, all three. According to a story on ABCLocal News, the Bay Shore home of Richard and Lisa Scott slipped into foreclosure in 2009. The Scotts said they gave their lender, Bank of America, three short sale offers that went nowhere fast, with the bank citing incomplete paperwork that the Scotts and their agent insist was delivered. The Scotts, meanwhile, moved out to rebuild their lives in the South.
Shortly thereafter, Scott's brother reported driving by and seeing a squatter living in the house, with the air conditioner running and lights blazing. Once the squatter was removed, someone ran a scam ad on Craigslist and leased out the house, collecting $4,000 from the unsuspecting tenant. And then, to add insult to injury, with the squatter and tenant gone, vandals broke into the house and stripped it bare, leaving holes punched in the walls and stealing the copper plumbing, the appliances, even the kitchen sink.
According to the report, BofA is now trying to hasten the foreclosure process.
As for those who may be forced to leave a home vacant, here are some tips to make sure this doesn't happen to you.
1. Try not to move out.
Vacant homes have increasingly been targeted by squatters. The bank can't force you out of your home until they foreclose. Until then, you own it -- no matter how many missed payments you have. If you must leave, consider renting it out. Let the tenant know you are pursuing a short sale and that the home may be foreclosed on, but that you are giving them a discount in the fair market rent in exchange for maintaining the property.
2. Notify the local police and utilities that the home is going to be vacant.
Utility companies make it possible for squatters to set up shop. By presenting a doctored up lease agreement and some sort of "proof" of ID, anyone can get an account established and the electricity turned on in your home. By calling and putting it in writing that the house is going to be vacant, you are at least alerting the utilities -- which likely won't make a whit of difference.
3) Let your neighbors know.
Nobody feels good about saying they are losing their home. But with it happening to so many, no one will be surprised. If the neighbors know that the house will be empty, they can keep an eye on it and report any suspicious activity to you and the police. In exchange, maybe you want to hire their kid to keep the grass cut and the yard tidy.
4) Stop thinking this isn't really your problem.
Yes, you fully expect that the bank is going to foreclose on you and are saying to yourself, "Why should I care?" Look at the Scotts' example. They were sickened to return to their house -- which they still own and are still responsible for -- and find the damage.
Also see:
Realtors' Latest Challenge: A Surge of Squatters
Woman Faces Foreclosure on Home She Bought for $1
Protesters 'Liberate' Foreclosed Homes
More on AOL Real Estate:
Find out how to calculate mortgage payments.
Find homes for sale in your area.
Find foreclosures in your area.
Permalink | Email this | Comments
rent a condo rent apartments downtown rent apartments minneapolis
Company rolls out Android app for foreclosure search
App includes more than 1.5 million preforeclosure, auction or bank-owned listings
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Thursday, November 10, 2011
China Vanke Sees Property Sales Fall 33%
China's largest property developer by market share said its property sales in October fell 33% from a year earlier to $1.63 billion, recording its largest on-year fall for 2011.
Living In | SoHo: SoHo/Living In - Wealth, Beauty, and Their Many Lovers
A cosmopolitan atmosphere and crowds of tourists are all packed into a historic district that offers an embarrassment of visual riches.
Source: http://feeds.nytimes.com/click.phdo?i=e076539bc303fff448e78adfc3da7c4a
Monthly Market Indicators - March 2011
A comprehensive look at the entire Twin Cities housing market in one location.
Source: http://www.mplsrealtor.com/downloads/market/MMI/archive/mmi_2011_03.pdf
Wednesday, November 9, 2011
enotes - February 7, 2011
MAAR's weekly electronic newsletter for the week of February 07, 2011.
Source: http://www.mplsrealtor.com/downloads/enotes/2011_02-07.htm
condo price Minneapolis condo renting Minneapolis condo sales Minneapolis
End of Comparison to Heightened Spring 2010 Tax Incentive Market Draws Nigh
News release covering Twin Cities housing statistics for April 2011.
Source: http://www.mplsrealtor.com/downloads/inside/press-releases/news_2011-05.pdf
Tuesday, November 8, 2011
Foreclosures and Short Sales - May 2011
A comprehensive, monthly view of the foreclosure and short sales situation in the Twin Cities housing market.
Source: http://www.mplsrealtor.com/downloads/market/FSS/fss_2011-05.pdf
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Weekly Market Activity Report - February 28, 2011
MAAR's Weekly Market Activity Report for the Twin Cities ? Week of February 28, 2011.
Source: http://www.mplsrealtor.com/downloads/market/WMAR/Archive/WMAR_2011_02-28.pdf
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The 200+ - February 2011
MAAR's tracking tool for local housing market activity has been updated with data through February 2011.
Source: http://www.mplsrealtor.com/the200plus.aspx
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Monday, November 7, 2011
Domestic Lives: Walter Mosley: In an L.A. Childhood, the First Mysteries
The novelist?s memories of early childhood in California.
Source: http://feeds.nytimes.com/click.phdo?i=73de0c697e0eec66c885d32ac473239a
enotes - March 7, 2011
MAAR's weekly electronic newsletter for the week of March 7, 2011.
Source: http://www.mplsrealtor.com/downloads/enotes/2011_03-07.htm
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Sunday, November 6, 2011
Refreshed Greenwich Landmark
Built in 1929 for an English expatriate and his wife, this home on nearly 3� acres in Greenwich, Conn., recently underwent a three-year restoration.
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enotes - May 09, 2011
MAAR's weekly electronic newsletter for the week of May 09, 2011.
Source: http://www.mplsrealtor.com/downloads/enotes/2011_05-09.htm
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Saturday, November 5, 2011
Moody's labels Ally jumbos 'above average'
Moody's Investors Service (MCO: 35.45 -0.34%) believes the ability of Ally Financial (GJM: 21.99 +0.50%) to originate jumbo mortgages is "above average."
A leading reason for the designation is based on accurate assessment of the willingness of borrowers to repay their jumbo mortgages.
Accurate appraisals and originating mortgages according to geographical laws and regulations contributed to the [...]
A leading reason for the designation is based on accurate assessment of the willingness of borrowers to repay their jumbo mortgages.
Accurate appraisals and originating mortgages according to geographical laws and regulations contributed to the [...]
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'I'm home!' Adult children move back in
With job openings scarce, getting adult children to leave the nest is becoming a lot more difficult.
Source: http://rss.cnn.com/~r/rss/money_realestate/~3/wzR6J6KA0jo/index.htm
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enotes - February 14, 2011
MAAR's weekly electronic newsletter for the week of February 14, 2011.
Source: http://www.mplsrealtor.com/downloads/enotes/2011_02-14.htm
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Friday, November 4, 2011
Weekly Market Activity Report - July 5, 2011
MAAR's Weekly Market Activity Report for the Twin Cities ? Week of July 5, 2011.
Source: http://www.mplsrealtor.com/downloads/market/WMAR/Archive/WMAR_2011_07-05.pdf
Thursday, November 3, 2011
Employment Outlook Brightens in October
Filed under: News
The nation's struggling jobs picture continue to improve in October, despite ongoing concern about the anemic economic recovery, two reports showed Wednesday. Private employers in the U.S. added 110,000 jobs last month, according to the ADP National Employment Report, more than the 101,000 analysts expected, Reuters reported. Further, the ADP report showed job creation was better in September than first reported. ADP said private employers added 116,000 new jobs in September, up from a previously reported 91,000.
"It is not a huge amount better, but the fact that it was better than expected and there was a revision in the last month's number is a pretty encouraging sign," Peter Jankovskis of Oakbrook Investments in Lisle, Ill., told the wire service.
A second report showed planned layoffs in October fell to their lowest levels since June. After reaching a 28-month high in September, the number of planned job cuts announced by U.S.-based employers fell 63 percent in October to 42,759, according to employment-services firm Challenger, Gray & Christmas.
Read the full article at AOL Jobs.
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Also see:
Viewpoint: Housing Is Ghost Issue in Presidential Race
Builders See Uptick in Home Construction Spending
More on AOL Real Estate:
Find out how to calculate mortgage payments.
Find homes for sale in your area.
Find foreclosures in your area.
See celebrity real estate.
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Source: http://realestate.aol.com/blog/2011/11/02/employment-outlook-brightens-in-october/
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Estate in Atherton, Calif., Sells for $53 Million
A 12-acre Silicon Valley estate that was owned by a great-grandniece of denim entrepreneur Levi Strauss has sold for $53 million, 11% off its $59.5 million asking price when it hit the market in April.
Wednesday, November 2, 2011
Weekly Market Activity Report - March 7, 2011
MAAR's Weekly Market Activity Report for the Twin Cities ? Week of March 7, 2011.
Source: http://www.mplsrealtor.com/downloads/market/WMAR/Archive/WMAR_2011_03-07.pdf
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Weekly Market Activity Report - April 25, 2011
MAAR's Weekly Market Activity Report for the Twin Cities ? Week of Apr 25, 2011.
Source: http://www.mplsrealtor.com/downloads/market/WMAR/Archive/WMAR_2011_04-25.pdf
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Tuesday, November 1, 2011
Police: Man Breaks Into Oregon Home, Watches TV
Filed under: News
PORTLAND, Ore. -- Police in Oregon say a man broke into a home in Portland to watch television.Police say Bastrom let himself in through an unlocked front door early Sunday and sat down on the couch to watch television. They say the homeowner alerted authorities, and then sent over a family member who lived nearby.
Authorities say the family member confronted Bastrom and struck him in the head, knocking him unconscious.
Authorities took Bastrom to the hospital to be treated for injuries before booking him into the Multnomah County Jail.
Also see:
Renter Claims Repairman Invaded Her Boudoir, Tried on Clothes
Bulgarian Models Victims of Voyeur Webcam
More on AOL Real Estate:
Find out how to calculate mortgage payments.
Find homes for sale in your area.
Find foreclosures in your area.
See celebrity real estate.
Permalink | Email this | Comments
Source: http://realestate.aol.com/blog/2011/10/31/police-man-breaks-into-oregon-home-watches-tv/
In the Region | Connecticut: Connecticut/In the Region - Inducement Gains a New Meaning
Some sellers offer cash incentives to real estate brokers who sell their properties quickly.
Source: http://feeds.nytimes.com/click.phdo?i=75eb0b0ff5978f8d738a56f6edd5c390
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