Foreclosure Property

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real estate loan fraud

Inman Real Estate News - Loss from real estate loan fraud soars to $1 billion FBI launches mortgage fraud-fighting initiative Loss+from+real+estate+loan+fraud+soars+to+%241+billion FBI+launches+mortgage+fraud-fighting+initiative %3ca+href%3d'http%3a%2f%2fwww.inman.com'+target%3d'_blank'%3eInman+News%3c%2fa%3e 2005-12-16T00%3a00%3a00.0000000-08%3a00 49246 HOME | NEWS | JOIN | PRODUCTS | CONFERENCES | ADVERTISE | ADVICE | ABOUT US | CONTACT US | SUBMIT A TIP Member Resources Members Home Search Inman News Content Warehouse Cartoon Database Weekly Newsletter Special Reports Audio Files Inman Blog Feedback Connect Registration Audio Conference LETTERS TO THE EDITOR There's no denying real estate bubble Re: ' Worst-case scenario for housing next year ' (Dec. 28) Dear Editor: I have been a real estate investor since I was 19. I am now 54. To deny a real estate bubble is to ignore the obvious market fundamentals. Obviously, there are different factors in different markets, but as a longtime investor/Realtor/broker there is no logical argument against real estate prices declining 10 percent to 30 percent in the "hot markets." The South Florida condo market will be a blood bath. The median income cannot buy the median house in most markets; interest rates will continue creeping up; speculators have driven prices to insane levels and when the going gets rough they will walk from a lot of residential properties. Most "hot" areas are becoming alarmingly overbuilt with residential inventories rising; lenders have ticking time bombs in their ARMs, negative equity and interest-only mortgages. Do your homework. Be wary of those whose opinions are tainted by the fact that they or their company have a stake in this insane market continuing. Michael H. Mosieur Mosieur Business Brokers Re: ' America closes doors to architectural expression ' (Dec. 26) Dear Editor: This is one of the most insightful articles I've read in a long time. We might add, "And what are we doing to our children as we worship at the altar of the mundane?" Years ago I read that about 1,000 children were tested for creativity just prior to entering kindergarten. Eighty-five percent of the children tested "creative." Twelve years later the same group was tested, and only 35 percent of the students tested "creative." What happened to the children along the scholastic way, and does the country even care? Where's the outcry? Isn't the creativity of our generations one of our most precious resources? It's been said that we're only one generation away from losing our freedom. Could it be that with escalating offshore competition in view, and stultifying U.S. scholastic models utilized, that the above advisory could also apply to our economic freedom? A. Bruce Belfield III Associate real estate broker Hurricane, W.V. FREE website content! Make Inman.com your homepage Get the Inman News Toolbar Link to Inman News Consumer News Commercial News Real Estate Articles from Inman News Already a Member? Log in below to view full story: User ID: Password: Lost Password? Loss from real estate loan fraud soars to $1 billion FBI launches mortgage fraud-fighting initiative Friday, December 16, 2005 Inman News To read this article, become a Member of Inman News now! JOIN NOW TO BECOME AN INMAN MEMBER 100% Satisfaction Guaranteed Group discounts available First Name: Last Name: E-mail: User Name: Call 1.800.775.4662 x128 8am - 5pm Pacific Time to order by phone or to get a discount group membership for your company or colleagues. View News Article Sample Hear Sample View Newsletter Sample Connect Info View Audio Conference Schedule Back Top © 2005 Inman News Home | Privacy | Editorial | Legal | Site Map

Sell House

A checklist for selling a house Geta Free Home Valuation Now Checklist for Selling a House Selling a house can be a very involved process.By keeping track of your progress with this checklist, you can eliminate many of the pitfalls, time delays andaggravations that can erupt at any time during the house selling period. Bookmark this page so that you can returnto it frequently and maintain control over the experience. House Selling Checklist Be an informed seller. There is a lot of information on this Web Site thatwill assist you and links to much more information. Numerous guides are available on specific subjects. (See "RecommendedReading" at the bottom of many pages). The Bookstore also has a number of recommended resources. Gather as much information as youcan to increase your effectiveness. Decide whether it is to your advantage to sell your house with an Agent or on your own . If you decide togo with an Agency, find an Agent in whom you can have confidence. Click here to choose an Agent in your area .You can compare backgrounds, experience, commissions and more. More information . Familiarize yourself on how to price your house . Pulling a price "outof the air" is almost never successful. If you would like comparable sales prices in your neighborhood, HomePrice.net can give you a report with up to 30 comparable sales, plus a neighborhood demographicprofile, nearby home owners and more. Or, HomeGain.com has a FREE servicewhich is designed to help you get an estimate of your home's value. Knowing how much your home can be worth isone of the first steps in beginning to market the property. Click here for more information. Know what you canand cannot change about your house . This allows you to concentrateon those items that bring the highest rewards. Spend time on the housepreparation phase --it will probably be the most productive timeyou can spend! For tax purposes, develop a record of all home improvements madeto your house. Decide whether or not to do a pre-listing house inspection . Have a yardsale before you list. Sell, donate, or trash everything you don't need. Decide whether you want to offer a Home Warranty with your house. Get familiar with financing options. Be at least as knowledgeable as your buyers. Develop an effective advertisingand marketing plan on your own or with your Agent. If you areselling on your own, ForSale by Owner has a complete menu of services that are available. More information . Know how to best showyour home . When it is time to negotiate, learn how to deal with offers and familiarize yourselfwith contracts . If you need to review an example of purchase offers, you can find forms for all statesat a reasonable price at FindLegalForms.com . Looking to buy another home? Check out our Home Buyer's Information Center before youbuy another home. You'll find hundreds of helpful hints and tips from the Buyer's perspective. Make moving plans early. Don't wait until the last minute! Know what is involved at closingand settlement . Smile and breathe a sigh of relief: It's over! HOME | Checklist | To-Do Lists | Set a Value | By Owner | With anAgent Preparation | Showtime | Research | More Links FreeHome Value Estimate Sell on Your Own CompareAgents. No Cost, No Obligation