Archive for May, 2006

California Has a Real Estate Agent for Every 52 Adults

If you’re new here, you may want to subscribe to my RSS feed. Thanks for visiting!If you live in California you should have no trouble finding a real estate agent. A new report from the California Department of Real Estate says there is a real estate agent for every 52 adults in the state. [...]

24May2006 | Tom Royce | 9 comments | Continued

Move Inc. leader says I’m mad as hell

The CEO of Move, Inc. is pissed and he is letting the world know it. Mike Long’s companies include Realtor.com and Move.com and has been instrumental on managing the transition by real estate brokers from closed systems to systems that are able to be searched on the internet. Unfortunately, the next level of information sharing [...]

23May2006 | Tom Royce | 0 comments | Continued

Harry Norman Realtors Being Bought By Buffet’s Home Services Of America

One of the largest and oldest real estate brokerages in Atlanta, Harry Norman Realtors is being purchased by Warren Buffet’s Home Services of America Group for an undisclosed amount. The company also owns Jenny Pruit and Associates, another long term real estate firm in Atlanta. The two will be kept as seperate entities in the [...]

23May2006 | Tom Royce | 0 comments | Continued

Aging in Place - A Checklist For Those Looking to Redesign Your Home

The National Association of Homebuilders has recognized that many people who are aging are not planning on going straight to the nursing home. They want to remain in their home for as long as possible. To help these people, and also to make sure that the work will be done correctly, the NAHB has created a [...]

23May2006 | Tom Royce | 2 comments | Continued

Hercules vs WalMart - An Eminent Domain Question

Hercules is a small town in the San Francisco Bay Area that is about to fight its biggest battle. And the sad part it is a battle I hope they lose. Their opponent is WalMart who bought land that they wish to build a supercenter on, and the city leaders do not want built. So [...]

23May2006 | Tom Royce | 2 comments | Continued

Tribune Co. Buys For Sale By Owner

The Tribune Co., parent of the Tribune newspapers, WOR, and the Chicago Cubs, will be purchasing the Internet Web Site ForSaleByOwner.com for an undisclosed price. It is interesting to see the large media companies work to get into the internet space while the still have some cash flow.

Tribune’s Interactive unit, which handles the online [...]

22May2006 | Tom Royce | 0 comments | Continued

Chicago Churches Have Land Sold Out From Under Them

In one of the more audacious moves by real estate fraudsters, it looks like a group including a disbarred lawyer faked being on the board of directors of churches to sell properties the churches owned. They have been selling empty lots to developers that were donated to the churches years ago.

Churches on the city’s South [...]

22May2006 | Tom Royce | 0 comments | Continued

50 Year Mortgage A Gimmick?

The 50 Year Mortgage, a relatively new way to finance a home, has been seen on the marketplace as an antidote for those trying to find their way into a home loan with the high cost of housing. When one hears 50 year mortgage, they immediately think that it is in the same category as [...]

21May2006 | Tom Royce | 0 comments | Continued

How Credit Agencies Sell Fake FICO Scores

Recently I checked my FICO score. I was checking my credit report and they offered a FICO score for only $7.95. What a deal, and I have to tell you I felt great when I saw the number as it was a good deal higher than I expected.
Then I saw this article over at the Miami Herald about [...]

21May2006 | Tom Royce | 1 comment | Continued

Never Heard of Someone Stealing a Front Yard

I have heard of breaking and entering, I have heard of construction materials theft, but I have never heard of someone stealing someones front yard.

The homeowner telephoned deputies to report that the yard in front of his home, which is under construction, was gone, San Bernardino County sheriff’s spokeswoman Staci Johnson said Tuesday.Witnesses told the [...]

20May2006 | Tom Royce | 0 comments | Continued