Posts Tagged ‘Estate’

The Real Estate Industry Escapes Collapse – For Now

Tuesday, November 5th, 2013

Seattle, Washington (PRWEB) October 18, 2013

The pillars of the real estate industry, the FHA, Fannie Mae and Freddie Mac and even the IRS were close to a non-functional state due to Congress’s actions. Most residential loans need a verification of income. During the government shutdown lenders were no longer able to rely on the IRS to produce these. Without income verification, lenders cannot fund new home loans. The FHA guarantees about one third of all mortgage loans. It was operating with a 90% staff reduction. Many lenders rely on Fannie Mae and Freddie Mac to buy their loans. A high percentage of loans in America rely on these lenders as well. Because they are government backed mortgage companies the shutdown wouldve meant a stop to buying loans.

Brokers at Skyline Properties, Washington’s largest independent real estate company, had started calling clients to inform them their loans would not be funded on time. Skyline closes about 260 sales each month and expected that number to begin to fall dramatically and immediately if the government shutdown had not ended. Scott Hotes, managing broker of the Northgate office, opened an email for his client last week, which read, “Because of the government shutdown there is no telling when your loan will be approved. We cannot move forward until the government processes resume and they approve the amount requested.”

Real Estate brokers and lenders all over America were making these calls to their clients. The domino effects of this would have been rippling through the economy. Builders, lenders, real estate brokerages, escrow companies, title companies are just the first that faced laying off workers or temporarily shutting down.

According to Ron Hennig, Skyline’s owner, Congressional idiocy must end immediately. The real estate industry is a huge driver of our economic recovery and it is teetering on disaster. They have caused great damage already and must step back from the abyss. The deal on Wednesday went through but will it bring us to the same situation in January?

About Skyline Properties Inc.

Skyline Properties is the largest independent real estate company in the Northwest. They have approximately 650 brokers who work out of 5 Puget Sound locations. Skyline is involved in 1 in 10 transactions in the Greater Seattle area and this December will be celebrating 25 years in business.







Celebrity real estate Stone, DiCaprio and more

Tuesday, November 5th, 2013

Celebrity real estate Stone, DiCaprio and more

Video Rating: 0 / 5

Celebrity Realtor Jay Morrison:

Author of “Hip Hop 2 Homeowners” teaches financial literacy to his community and high school students nationwide during his HH2H national tour. www.JayMorris…

Real Estate Scorecard Recommends Doubletop Mountain Hike on October 19, 2013 – Balsam Mountain Preserve’s Most Challenging Hike in Western North Carolina

Monday, November 4th, 2013


Asheville, NC (PRWEB) October 17, 2013

One of the most difficult hiking trails at Balsam Mountain Preserve is called Over the Doubletop which wends from the Cold Springs Gap (aka Fern Gap) to the summit of Doubletop Mountain at an elevation of almost 5,500 feet. The trails elevation from start to summit is 780 feet of strenuous hiking for practiced and proficient hikers. The reward for reaching the peak is the expansive view of the surrounding area from the observation tower. From the tower, views of other nearby mountain tops as well as the Nantahala National Forest, 500,000 acres of unspoiled national parkland.

Celebrating their 20th Anniversary, the Balsam Mountain Trust just surpassed their fund-raising goals which helps maintain one of the best nature preserves in Western North Carolina. Each week the trust organizes hikes for residents on a very personal level on the Balsam Mountain Preserve hiking trails or off property. The next big hike is scheduled for October 19, 2013.

We dont quit hiking because we grow old, we grow old because we quit hiking. (from The Hiking Fools on the Great American Road Trip) Groomed hiking trails are one of the most popular amenity requests by Baby Boomers searching for mountain property in gated communities in Western North Carolina.

Near a Blue Ridge Parkway entrance, one of the best nature preserves in Western North Carolina has them, some of which connect to the Blue Ridge Mountain Trails. Whether thru hikers or section hikers, residents of Balsam Mountain Preserve can HYOH (Hike Your Own Hike). 30 miles of Balsam Mountain Preserve hiking trails of varying levels of difficulty provide hiking opportunities for every skill level.

Balsam Mountain Preserve has two dedicated naturalists on staff to coach and guide residents with the community’s wide variety of trails. One of the most popular hiking trails is the Sugarloaf Creek Trail. It starts at a waterfall that falls over a prominent rock ledge and slopes downward gradually where hikers will find quaint bridges, log steps, and gravel roads.

Not far from the top of the trail is a narrow area between two boulders known as fat mans squeeze. In addition to the falls and fat mans squeeze, the must-see on this trail is the remote cabin at the bottom of the trail, which is representative of the homes that families lived in during the 1800s. Rustic in its lack of modern conveniences, the cabin provides shelter and, for interested residents, reservations can be made for overnight stays. All in all, the trail boasts beautiful birch, poplar, oak, maple and beech trees, all of which blaze with riotous color during autumn.

Also extremely popular in one of the best nature preserves in Western North Carolina is the Camp Ground Loop Trail. This trail has a moderate terrain that slopes down gradually 100 feet for a little over a mile ending at the family camping grounds. The camping grounds have two cabins for overnight stays, an open-air pavilion, an outdoor grill and a fire pit. The must see on this trail is the Dark Ridge Creek which has superior water quality due in part to its rushing down over 5,000 feet. Because of the campgrounds proximity to the creek, many folks enjoy fly-fishing and shore lunches (catch it and cook it). The trail meets up with the Fisher Cove trail to return to camp. Along the way, residents traverse log steps and bridges with views, where they are able to admire the beautiful rhododendrons, sugar maples, a grape vine on a tulip tree and more. All of this beauty and fun is very near a Blue Ridge Parkway entrance.

Connecting with the Dark Ridge Camp Loop on the west, the Upper Dark Ridge Creek Trail is 1.75 miles round trip. Even with its 400 foot elevation change, it is one of the easier trails to hike with a terrain that meanders along an old logging road. Various marked vantage points have views of the must see rushing stream of the Dark Ridge Creek which begins its spectacular descent from about 5,400 feet on the side of Old Bald Ridge and Grassy Ridge in the Great Balsam Mountains.

BALSAM MOUNTAIN TRUST ORGANIZED HIKES OFF PROPERTY:

One of the most popular hikes starts at the Cataloochee Mountain. Not only do the preserved, historic churches, school, and homes make this an interesting hike, but also a herd of elk can often be seen grazing in the Cataloochee Valley. This hike ends at the award winning Swag Inn in Waynesville where hikers can stay to feast on sumptuous fare, turn and return to the start, or leave the hike from the inn. Balsam Mountain Preserve’s activity calendar keeps property owners up to date with upcoming organized hikes off.

About Real Estate Scorecard:

Real Estate Scorecard writes unbiased real estate reviews providing in-depth information about popular gated communities in Florida, Georgia, North Carolina, South Carolina and Tennessee, all in an effort to help people discover where to retire in the Southeast.

Website: http://realestatescorecard.com







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Grove City Ohio Real Estate – The Parrett Group – 4306 Lemon Lake Ct, Grove City OH 43123

Saturday, November 2nd, 2013

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My Florida Property Store Announces Industry Leading Personalized Real Estate Service

Friday, November 1st, 2013


Orlando, FL (PRWEB) October 17, 2013

Leading Central Florida real estate group specializing in the representation of out-of-state and foreign nationals, My Florida Property Store (MFPS), introduces revolutionary real estate agency structure to help clients fully transition to new lifestyles, investments and homes.

In the overly saturated Florida real estate market, it is tough finding credible agents who are experienced in representing and advising buyers and sellers in real estate transactions from many countries around the world. MFPS caters specifically to those buying and selling, but who reside out-of-state or indeed out of the country. Their motto, Local Focus, Global Market, embodies the philosophy behind this innovative real estate experience.

Unlike most brokerages, MFPSs knowledgeable team is comprised of American, British, Canadian and Chinese associates fully familiar with local customs in multiple countries around the world, which is an essential pre-requisite to communicating detailed local purchase information in an efficient manner. In addition to being familiar with customs worldwide these agents actually live, work, and play in the areas of the properties they are selling. With a network of agents throughout Asia, Europe, and North America, MFPS is capable of assisting clients abroad directly and with professional knowledge of all requirements, whether required by the city, state, country or even that of their primary residence.

At MFPS agents operate as a team to provide truly personalized and individualized care. Each member is assigned responsibilities based on their area of expertise. Instead of juggling multiple tasks, MFPS agents hone in on one craft and become experts in that area. Unlike other firms where agents regularly compete against each other for sales, the overall structure of My Florida Property Store promotes an environment in which all agents work toward the common goal of providing the client with a seamless real estate experience.

Clients always comment on the professional look and transparency of our business cards. This sets our business model in the clients hand from the very start and many comment how our structure varies from others brokerages theyve dealt with previously. We actively communicate with our clients via their preferred method of contact, while always doing so, in what is truly their best interest. This allows us to introduce clients to associate services, who are genuinely the premier vendors within their respective businesses, unlike many one-stop shops, where the focus is on the parent company, says My Florida Property Store CEO Garry Walmsley.

My Florida Property Store offers each and every client a personally tailored, full-service real estate experience without sourcing, finders or transaction fees. This individualized service coupled with highly qualified staff and proven network of professional associate companies are part of a magnificent formula that has reshaped the Florida real estate market and will continue to improve service levels within the real estate industry.

In addition to the services discussed above, MFPS has proven and professional relationships with specialized affiliate companies to supply clients with all the services that are required to purchase and operate any property in Florida successfully including: accounting, bank account set-up, foreign exchange, interior furnishing & design, mortgage origination, property inspection or survey, property management services, taxation requirements.

The purchase or sale of a property does not end with one transaction. My Florida Property Store understands the referral nature of the real estate industry and values the long-term relationships that it builds with each client as a result. MFPS will continue to provide a truly customized service to guide each and every client through the purchase or sales process from beginning to end. Unlike many of the real estate franchises that may have national recognition and draw many average or part-time Realtors