Real Estate Investment
Interest by real estate investors cooling? - Dec. 7, 2005 Web CNN/Money Home News Markets Technology Commentary Personal Finance Autos Real Estate News Jobs & Economy SAVE | EMAIL | PRINT | SUBSCRIBE TO MONEY | Real estate investors bailing out? Report: Speculators could hasten the real estate cool-off by putting properties on the market. December 7, 2005: 1:12 PM EST Video More video Appliances, materials, even landscaping is being stolen from U.S. home construction sites. CNN's Randi Kaye reports. (November 30) Play video NEW YORK (CNNMoney.com) - Recent economic data may point to a cooling housing market and some investors are already dashing for the exits, according to a news report published Wednesday. Speaking with real estate brokers and analysts from such hot real estate markets as Las Vegas, Miami and Washington, D.C., The Wall Street Journal reported that fewer people are buying property as an investment vehicle. A researcher at Arizona State University told the paper that in the hot market of Phoenix, as many as 30 percent of the properties for sale on the market right now are owned by investors, while Sandra Geary, a real estate broker in Sonoma County in California said that her sales to investors have dipped by over 75 percent. "Now that the market is slowing down, it's scaring investors away," Geary told the Journal . Citing data from the mortgage analysis firm LoanPerformance, the paper reported that in some regions such as Redding, Calif., investors made up 22.01 percent of the purchases made through September. Recent industry reports have hinted at a slowdown in the real estate market. On Tuesday, the National Association of Realtors said that pending home sales in October dipped by 3.2 percent, while the Federal Reserve reported last week in its "beige book" summary of economic conditions that some housing markets have cooled. "Generally, residential real estate market activity remained high, but many districts reported a slowing or cooling of activity," the Fed said in its report. Even the latest data from the agency which oversees the mortgage firms Fannie Mae and Freddie Mac, reported slower growth in home prices as the average price for a U.S. home rose 12.2 percent for the 12 months through Sept. 30 from a year earlier, compared to 14.2 percent in the period ending June 30. Even interest in condos has waned in regions such as Washington D.C., as cancellation rates have been rising, the National Association of Home Builders told the paper. "It's largely because of investors" pulling back, Gopal Ahluwalia, the organization's staff vice president for research told the Journal . If demand by investors weakens, that could hasten any slowdown in the market, David Berson, chief economist at Fannie Mae told the Journal . According to his estimates, home sales will fall by 10.4 percent over the next two years due to a drop in the number of investors and the number of second home purchases. _______________________ "Take this house and shove it" -- Click here . The Hot List Most profitable renovations How risky is your 401(k)? Big new tax credits for hybrid cars More Economy Risky business in 2006? Could be Home sales fall Jobless claims edged higher last week contact us | magazine customer service | site map | glossary | RSS | press room OTHER NEWS: CNN | SI | Fortune | Business2.0 = Money subscribers = Premium content -- * - Time reflects local markets trading time. † - Intraday data is at least 15-minutes delayed. Disclaimer © 2005 Cable News Network LP, LLLP. A Time Warner Company ALL RIGHTS RESERVED. Terms under which this service is provided to you. privacy policy Reprints of site stories are available. Top Stories Most overvalued housing markets Risks to the economy in 2006 Which was the worst ad of all in 2005? After the ride, a rest Hilton brands reunite after 40 years YOUR E-MAIL ALERTS Follow the news that matters to you. Create your own alert to be notified on topics you're interested in. Or, visit Popular Alerts for suggestions. Manage alerts | What is this?
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Lowest Mortgage Rates, Refinance, Home Equity Loans, Second Mortage Loan, Mortgage Interest Rate Mortgage By State California Mortgage Rates Florida Mortgage Rates North Carolina Mortgage Rates Texas Mortgage Rates Washington Mortgage Rates Rates Second mortgage rates Interest only mortgage rates Mortgage refinance rates Fixed mortgage rates Adjustable mortgage rates New Information Negative amortization mortgage Balloon mortgages Jumbo mortgages Residential mortgage VA mortgage FHA mortgage Bad Credit mortgage Prequalify for a mortgage Commercial mortgage Early Payoff Calculator Mortgage Refinance Home Equity Mortgage Rates Calculators Brokers & Lenders By State -- Free Quotes Sitemap Home mortgage Second mortgage Interest only mortgage Reverse mortgage More Categories Mortgage Home mortgage Second mortgage Interest only mortgage Prequalify for a mortgage Negative amortization mortgage Balloon mortgages Jumbo mortgages Reverse mortgage Free mortgage quotes FHA mortgages VA mortgages Commercial Mortgage Bad credit mortgage Residential mortgages Refinance mortgage Mortgage refinance rates Home equity loans Home equity line of credit Consolidate loans Home improvement loan Home equity cash out Mortgage calculator Monthly mortgage payment calculator Interest only mortgage calculator Mortgage amortization calculator Early Payoff Calculator Mortgage Payment & APR Calculator Mortgage rates Home equity loan rates Fixed mortgage rates Adjustable mortgage rates Second mortgage rates Interest only mortgage rates Mortgage Glossary Quotes Mortgage Rates Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware District of Columbia Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington West Virginia Wisconsin Wyoming Loans Debt consolidation Home improvement Calculators Interest only Mortgage rate Mortgage amortization -- Home Since 1995, Mortgageloan.com has served consumers who search for the best mortgage loans, refinancing and home equity loans across the nation. 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Daily Mortgage Rates Conforming Avg. 7d avg. 7d chg. 30 Year Fixed 5.71% 5.74% 0.03% 1/1 Adjustable 4.62% 4.47% -0.15% Jumbo Avg. 7d avg. 7d chg. 30 Year Fixed 5.98% 6.02% 0.04% 1/1 Adjustable 4.41% 3.89% -0.52% Mortgage Refinance Is your interest rate too high? Refinance could be an option. Are you in need of some extra cash? You probably want to reduce your interest rate... >> Debt Consolidation Everyone can get into financial trouble. Maybe you are behind on your bills and need help? Our debt consolidation lenders respond to your specific needs. They help you find a loan solution that fits your circumstances... >> Home Purchase Have you found your dream home? A home purchase includes finding the best possible home loan. Our brokers and lenders will guide you along the way... >> Home Equity Loans Do not look any further for your home equity loan or equity line of credit. 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Real Estate - Forbes.com U.S. | EUROPE | ASIA Jump Select Section Home Investment Newsletters Polls & Discussions Premium Tools Special Reports Video & Audio Watchlist IT Research Library IT Product & Service Search Business -Manufacturing -Technology -Commerce -Services -Energy -Healthcare -Small Business Technology -E-Business -Enterprise Tech -Infoimaging -Personal Tech -Science & Medicine -Wireless Markets -Equities -Economy -Commodities -Bonds -Emerging Markets -Currencies Work -Careers -Compensation -Entrepreneurs -Management Lists -Companies --Forbes 500s --Forbes Global 500 --200 Best Small Cos. --400 Best Big Cos. --Largest Private Cos. -People --World's Richest People --100 Top Celebrities --400 Richest Americans --Best Paid CEOs -Places --Best Places Personal Finance -Estate Planning -Funds -Philanthropy -Retirement -Strategies -Taxes Lifestyle -Collecting -Health -Real Estate -Sport -Travel -Vehicles -Wine & Food Columnists Magazines -Forbes Magazine -Forbes Global -Forbes FYI -Forbes ASAP -Best of the Web -Archives -Subscriptions Tools About Us Contact Us Help Reprints/Permissions Sitemap Advertising Conferences Forbes Collection Forbes Mobile Special Advertising Search Quote HOME PAGE FOR THE WORLD'S BUSINESS LEADERS Home Special Advertising Section Paid Advertisement Article When it comes to Real Estate, Knowing Your Stuff is the Key to Success Are you looking to buy or sell a home or other piece of property? The real estate market is a difficult one, and should not be entered casually. With the right information, you can make your venture a success, but all to often lack of foresight and failure to do the proper exploration leave consumers in unfortunate situations that are difficult to rectify. An educated consumer is a happy consumer, and in no market is this truer than the property market. Before you commit, learn as much as you can – whether you’re buying or selling, you’ll never regret doing a little extra research. Real Estate Basics To begin with the basics, let’s consider a few definitions. “Real Property” is legally defined as “land and improvements permanently attached to the land.” Improvements include everything from houses and garages to in-ground swimming pools, but exclude portable items like mobile homes and tool sheds. Also included in real property are substances beneath the land, such as gas, minerals and oil. There are many types of real estate, but most consumers will encounter only two: single-family homes and commercial property. Commercial property may include spaces used for retail, office, shopping, hotels, warehouses, manufacturing facilities, apartment complexes, as well as vacant land zoned to be used for any of those purposes. Aside from specialty properties like farms and industrial sites, almost any property to be used for anything besides a single-family homes is considered commercial. Different rules govern transactions involving each kind of property, and it’s important to know what you will encounter before you get started. The use of any property is limited by zoning laws, which govern the purpose – for example, housing, retail, or industrial – for which the real estate can be used. Zoning laws also restrict the size and height of buildings, the portion of property that may be used for parking, how far buildings must be set from the street and from each other, and whether and what kind of hazardous materials can be stored there. Public easement and right of way laws, which fall into the general category of zoning, outline whether and which parts of private property must be reserved for public use, usually in the form of sidewalks, electrical lines, sewer pipes, fire hydrants and similar public goods. Laws differ from town to town, so if you are looking at multiple locations, keep track of how each municipality’s rules will affect how you can use your property. Choosing a Real Estate Professional Although some people prefer to work on their own, it is usually good to hire a licensed real estate professional if you are looking to buy or sell a house. You may choose between a real estate broker, who is independently licensed to review the entire market and show any house that suits your needs, and a real estate agent who works for a specific company and is usually restricted to showing properties in that company’s listings. Which one you choose will depend on your needs, budget, and the number of real estate companies competing in your area. If there are a large number of companies, you may do better with a broker, but if there are only a few, you can save money by using an agent. No matter what type of professional you choose, there are a few things you should consider before making your decision. How does the agent or broker intend to market your house? How successful has he been in the past, particularly with homes in your range and area? If he is an agent, what is his company’s track record? What is the time limit on the contract you will sign, and can you break it if you’re dissatisfied? Do you feel comfortable that he understands your needs and will work hard to meet them? Recall that, above all, real estate agents are salespeople, so be sure that you are confident that they are working with you as well as for their employers. A great way to narrow down choices is to check the Internet for websites that compare companies and agents in your area. You may also want to talk with friends who have recently moved about their experiences with local agents and brokers. Buying and Selling: What You Need to Know When you are in the market to buy, your individual situation will determine whether or not to hire a professional. You may find that you can do well enough finding suitable listings without the help of an agent. However, if you live in a city where good housing is scarce, you may want to engage someone to help you discern the good from the bad. Real estate agents can also be very helpful when it’s time to close the deal, sorting out what items are included with the house (for example, appliances and furnishings) and working with the seller to divide costs fairly. Although it is possible to sell your home without professional help, but this should be attempted with great caution. A real estate professional will help sort through potential buyers to find people who are serious, work with to get a fair price for your property, and be indispensable at closing time when it comes to dividing up property taxes and other shared costs. In general, as a seller, you should expect to run up against a number of expenses when you close on your house. These may include excise tax (a tax levied on the seller of any property or item), attorney and professional fees, property taxes, real estate commission, and fees for survey, inspection, certification and other items, depending on the laws of the state in which the house is sold. Commercial Property: Buying and Selling If you are looking to buy or sell commercial property, your best bet is to engage a real estate attorney who can advise you on legal matters involving the transfer. As with home purchases, it’s important to have the property inspected thoroughly before committing to buy. You will also want to ensure that zoning laws permit you to renovated buildings to suit your needs – for example, buildings that are zoned as small retail outlets may not always be turned into restaurants; warehouses may not necessarily be converted to apartment complexes. Real estate lawyers will make sure that you know as much as possible about your property before you buy. Do Your Homework Youll be Amazed at the Difference it Makes! The best way to be successful in any real estate transaction is to come in with your eyes open. Listed below or some top real estate websites that can help you find what you're looking for today: HomeGain: Selling Your Home? - Let local real estate agents know about the home you'd like to sell so they can address your specific needs. They will send you customized responses including their credentials, business experience, and commission rates to compete for your business. HomeGain: Buying A Home? - Let local real estate agents know about the home you'd like to buy so they can address your specific needs. They will send you customized responses including their credentials, business experience, and local market knowledge to compete for your business. Foreclosure Search: Simple Real Estate Secrets - Search foreclosures in the USA. Includes bank foreclosures, court foreclosures, pre-foreclosures, homeowners in bankruptcy, HUD homes, VA homes, government homes & more! Make Real Money Investing In Real Estate - Lou Vukas gives you the insider secrets to making real money in real estate regardless of your credit, finances or location. ^ Paid Advertisement Article ^ Ad Information Forbes.com Wireless Reprints / Permissions Subscriber Services ©2004 Forbes.com™ All Rights Reserved Privacy Statement Terms, Conditions and Notice Search Engine Marketing by 360i, Inc.
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Welcome to Nassau County Assessor Land Record Viewer Department Home Property Search Map Land Use Codes Welcome Letter Terms You Should Know Help Nassau County Department of Assessment's Land Records Viewer. As part of my ongoing effort to improve the delivery of services to the public, I am happy to make this tool available. It provides a single, easy to use, point of access to almost all information maintained by the Assessor including assessment roll data, district information, tax maps, property photographs, past taxes, tax rates, exemptions with amounts and comparable sales. It is also linked to the County's Geographic Information System (GIS) to provide relevant information from that system. This viewer contains a set of property maps of every parcel within the County of Nassau. I welcome your comments and input about this product in order to further improve our delivery of services to the public. This document management site has been designed for use as a search tool. For your convenience, copies of tax maps can be purchased at the Tax Map Division window from 9 a.m. to 4:30 p.m. HARVEY B. LEVINSON Chairman, Board of Assessors The public information contained herein is furnished as a public service by Nassau County. Nassau County makes no warranties, expressed or implied, concerning the accuracy, completeness, reliability, or suitability for the use of this information. Furthermore, Nassau County assumes no liability associated with the use or misuse of such information. Revision Code 3.01 Harvey B. Levinson Chairman News Nassau County Department of Assessment
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Real Estate One Detroit, Ann Arbor, Northern Michigan, Michigan Real Estate - Home 1st to Know Property Search Search By Map Open House Search Find an Agent Our Locations Preparing to Sell Get Pre-approved Relocation Assistance Quick Find Street name or listing number Featured Homes 2150 Strader Dr, West Bloomfield Township 3220 Lakeland Ct, White Lake View All Featured Listings Be the 1st To Know A complimentary service for home buyers and the most efficient way to search Michigan homes for sale. Register to receive automatic email alerts as properties that meet your specifications become available for sale. Click here . Search Michigan Real Estate Listings From Traverse City to Lansing to Detroit. We dominate the real estate market in Southeast Michigan including, but not limited to, Oakland, Macomb, Washtenaw and Wayne Counties. Via this property search link you can view homes in Ann Arbor, Plymouth, Birmingham, Clarkston, Grosse Pointe, Downriver, Monroe, and many, many more: Metro Detroit Real Estate, Southeastern Michigan We also heavily cover Northern and Central Michigan in areas such as Traverse City, Charlevoix, Petoskey, Higgins and Houghton Lake, Lansing, and many more. Please visit one of the real estate links below for access to homes throughout Central and Northern Michigan: Traverse City Real Estate, Northwest Michigan Other Michigan Real Estate Listings Not familiar with an area of Michigan? Search by Map Find a Michigan Real Estate Agent Find over 1800 leading real estate professionals in Michigan. If you have worked with us before, look up your Real Estate One, Max Broock or Johnstone & Johnstone agent. If not, we'll help find the right professional for you. Click here . 2005 Real Estate One. All rights reserved. Privacy Policy Contact Us