Archive for April, 2006
Asylums Turning Into Condos and Townhouses Across Country
If you’re new here, you may want to subscribe to my RSS feed. Thanks for visiting!When I was a teen I had a job that made me drive by the Pilgrim State Mental Hospital, a huge property that housed the insane but was closed down. The huge property in the middle of Long Island [...]
15Apr2006 | Tom Royce | 0 comments | Continued
Why Eminent Domain Reform IS A BATTLE. The Politicians Do Not Give Up Power
The great state of New Jersey is showing us that true eminent domain reform will not be easy as it will take away power from the politicians. Camden’s City Council voted against eminent domain reform to “save its redevelopment plans”. Bull Twinkies I say. It was to save the power these politicians have accumulated.
The [...]
14Apr2006 | Tom Royce | 0 comments | Continued
Zillow Adds Sideways and Over the Top Mapping
Zillow is adding overhead and sideways mapping using the same technology found in Microsoft’s Virtual Earth product. Instead of seeing the rooftops of homes as most mapping programs provide, the Zillow product will show 45 degree angles of the homes and properties giving prospects the opportunity to get a much better view of the property they [...]
14Apr2006 | Tom Royce | 3 comments | Continued
St. Paul Ford Plant May Turn Into Exclusive Condo Development
The St. Paul, Minnesota Ford Plant sits on some of the best real estate in the region. The property overlooks the Mississippi River and those in the know are expecting that when manufacturing stops in a couple of years, the property will develop into one of the premier locations in the region. A mixed use [...]
14Apr2006 | Tom Royce | 0 comments | Continued
Charleston Urban Renewal Authority Threatens BB&T for their stand on Eminent Domain
The Charleston Urban Renewal Authority likely will remove $2.3 million from BB&T over the banks refusal to loan money to companies who get projects from eminent domain condemnations. The Authority thinks this is wrong as their charter and philosophy must consist of viewing property as theirs not the individuals. So they want to punish BB&T for [...]
13Apr2006 | Tom Royce | 0 comments | Continued
Bogus Trailer Park Real Estate Scam - Interesting
A woman, Myrna Trevizo, in the Austin, Texas area scammed people by placing for sale signs near empty trailers and then acting as a real estate agent took a cash down payment from them. When they tried to contact her to find out the status of the tranaction they would not be able to get ahold [...]
13Apr2006 | Tom Royce | 0 comments | Continued
Martha Stewart and KB Homes Team Up To Build Metro Atlanta Subdivision
Martha Stewart and KB Homes have teamed up to build a 480 acre subdivision with 800 homes to the southeast of metro Atlanta. The south Fulton property is in a part of Atlanta that has not been developed and will be along the Chattahoochie River.
This is an interesting brand extension for Martha Stewart, sort [...]
Online Services Will Destroy MLS and Real Estate Agents Stranglehold
The stranglehold over real estate listings that real estate agents and the multiple listing services (MLS) has come to an end. The growth of Craigslist and Google have taken the exclusivity of information away from the agent and the brokerages and are not empowering the public.
10 years ago it was almost impossible to buy a [...]
Atlanta Real Estate Agents Assaulted By “Professional Baseball Player”
A man posing as a “Professional Baseball Player” has assaulted 3 real estate agents in the past week in Metro Atlanta. Real estate agents have to be on guard whenever showing homes to potential clients as they are usually alone in an empty home. To know that there is a person out there stalking them [...]
11Apr2006 | Tom Royce | 1 comment | Continued
FTC Addresses PMI Mortgage Insurance Abuses
You have bought your dream house and money is tight but you can live with your mortgage. Then one day you receive a letter from your Private Mortgage Insurance Company that your rates have doubled. You wonder why and they tell you that there is a problem with your credit report, and you thought everything [...]
11Apr2006 | Tom Royce | 0 comments | Continued
I saw this earlier today and thought the exact same thing, Tom. The politicians have been pushing homeownership for ...
I just found your blog and it's filled with great information. One of my goals this year is to update ...
Thanks for the kind words. I promise you the first year we did not have this level of readership. It ...
The limit on jumbo's is either 417,000 OR it is 115% of the median house price, not to exceed 150% ...
I like your blog and I have read many of your articles. I agree that it is amazing the ...
Yes, there are some deals out there. While there are some deals out there, I'm an agent looking for ...
With mortgage rates poised to drop to 4.5 percent all we need now is some tax incentives to help home ...
I think the overall interest in refinancing was definately high recently. However the problem is that although the rates dropped, ...
I have had great success using craigslist. Renters need to be careful and make sure they check out their landlord ...
This is the start of where the market can begin to level out.
Home owners will start to be able to ...
