Real Estate

Real Estate Investors Can Find Good Deals on Foreclosure Properties in Many States

Author: ForeclosureRepos
Dateline: Tue, 18 Aug 2009

freeNewsArticles Story Summary: “NEW YORK, N.Y. (SEND2PRESS NEWSWIRE) -- Real estate investors have benefited from the downturn in the real estate market. With high levels of foreclosures dramatically inflating the supply of homes in most states, the prices have dropped and made properties more affordable. In many states, investors can pick up numerous properties with just $500,000. According to information collected by ForeclosureRepos.com, investors can pick up 2, 3, and even more homes in key locations.”



A R T I C L E:

NEW YORK, N.Y., Aug. 18 (SEND2PRESS NEWSWIRE) -- Real estate investors have benefited from the downturn in the real estate market. With high levels of foreclosures dramatically inflating the supply of homes in most states, the prices have dropped and made properties more affordable. In many states, investors can pick up numerous properties with just $500,000. According to information collected by ForeclosureRepos.com, investors can pick up 2, 3, and even more homes in key locations.

On the West Coast of the United States, foreclosure prices still seem a bit higher than elsewhere in the country but $500,000 can still buy several homes. In Washington and California, that amount of money could purchase two properties (average foreclosure home selling price is $226,713 and $210,183, respectively). Near the coast, states such as Nevada and Arizona have more affordable prices on foreclosure prices (averaging $139,879 and $130,726, respectively) and investors could easily purchase nearly 4 homes with $500,000.

Prices on the East Coast for foreclosure properties vary, as does the purchasing ability of $500,000. In New York where the average price is $163,046, for example, an investor could purchase 3 homes. In South Carolina or Florida, investors could pick up four homes with funds left over because the average prices are $116,614 and $111,394. The South is home to even better deals with investors being able to purchase nearly 5 homes in Georgia where the prices for foreclosed properties are just slightly over $108,000.

By far, the best deals for investors are to be found in the Midwest. In Michigan, foreclosed homes are selling for under $62,000 while in Ohio the average price is just under $61,000. In those two states, an investor could secure 8 properties with just $500,000. Once the foreclosure moratoriums imposed by the Obama administration begin to end, more homes are expected to go into foreclosure and end up on the market which may depress prices even further.

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Copyright © 2009 by ForeclosureRepos and Send2Press® Newswire, a service of Neotrope® - all rights reserved. Information believed accurate but not guaranteed. Sourced on: freeNewsArticles.com.

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Story Title: Real Estate Investors Can Find Good Deals on Foreclosure Properties in Many States
• REFERENCE KEYWORDS/TERMS: foreclosure repos, , , real estate investors, Real Estate, , , .

IMPORTANT NOTICE: some content which is considered "old" or "archival" may reference an event which has already occurred; some content possibly considered "advertorial" may also reference a promotion or time-limited/sensitive offering, and in all of these instances certain material may no longer be valid. For notably stale content, you should directly contact the company/person mentioned in the text (ForeclosureRepos); this site cannot assist you with information about products/services mentioned in the news article, nor handle any complaints or other issues related to any person/company mentioned or promoted in the above text. Information believed accurate but not guaranteed as of original date of story [Tue, 18 Aug 2009 14:32:20 GMT].

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Real Estate

Statistics Suggest a Less than Stable Real Estate Market

Author: ForeclosureListings
Dateline: Mon, 17 Aug 2009

freeNewsArticles Story Summary: “NEW YORK, N.Y. (SEND2PRESS NEWSWIRE) -- ForeclosureListings.com provides statistics regarding the most recent foreclosure and real estate prices throughout the United States. Just as the signals about the state of the economy seem to be mixed, the fluctuations in the real estate market do not seem to follow a set pattern either.”



A R T I C L E:

NEW YORK, N.Y., Aug. 17 (SEND2PRESS NEWSWIRE) -- ForeclosureListings.com provides statistics regarding the most recent foreclosure and real estate prices throughout the United States. Just as the signals about the state of the economy seem to be mixed, the fluctuations in the real estate market do not seem to follow a set pattern either.

The foreclosure rates increased in four major markets: California (less than 1 percent increase), Florida (4.3 percent increase), Texas (6.3 percent increase), and Colorado (over 20 percent). However, other states saw the number of foreclosures drop, including Georgia (less than 1 percent decrease), Arizona (nearly 9 percent decrease), and Michigan (less than 1 percent decrease).

Individual cities also saw a mixture of increased and decreased rates of foreclosure. Both Phoenix and Georgia saw their foreclosure rates drop by 8 to 9 percent. The Detroit foreclosure rates also dropped by more than 2 percent. Other cities saw continued increases in foreclosures: Chicago (12.5 percent), Memphis (almost 5 percent), and Miami (less than 1 percent).

Although the foreclosure rates are fluctuating in many parts of the country, most of the big real estate markets have seen increases in the property prices recently. Although most of these increases have been modest, they are a positive sign after many consecutive months of falling prices. In California, Florida, and Georgia, the average property prices increased by less than 1 percent to $344,892, $222,765, and $134,210, respectively. In Michigan, however, the average price jumped by more than 3 percent to $90,208. Not all states saw an increase in these prices. Texas saw a 12 percent decrease in the average price; it dropped to $109,882.

Overall, real estate investors looking for bargains can still focus on a number of the big markets even those which are showing slightly higher prices and decreases in foreclosure rates.

More information: www.ForeclosureListings.com.

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Copyright © 2009 by ForeclosureListings and Send2Press® Newswire, a service of Neotrope® - all rights reserved. Information believed accurate but not guaranteed. Sourced on: freeNewsArticles.com.

Story Title: Statistics Suggest a Less than Stable Real Estate Market
• REFERENCE KEYWORDS/TERMS: foreclosure listings, , , real estate markets, Real Estate, , , .

IMPORTANT NOTICE: some content which is considered "old" or "archival" may reference an event which has already occurred; some content possibly considered "advertorial" may also reference a promotion or time-limited/sensitive offering, and in all of these instances certain material may no longer be valid. For notably stale content, you should directly contact the company/person mentioned in the text (ForeclosureListings); this site cannot assist you with information about products/services mentioned in the news article, nor handle any complaints or other issues related to any person/company mentioned or promoted in the above text. Information believed accurate but not guaranteed as of original date of story [Mon, 17 Aug 2009 13:06:19 GMT].

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Real Estate

ForeclosureDeals.com Reports on Foreclosure Filings for First Half of 2009

Author: ForeclosureDeals
Dateline: Mon, 10 Aug 2009

freeNewsArticles Story Summary: “MIAMI, Fla. (SEND2PRESS NEWSWIRE) -- ForeclosureDeals.com has been closely following and analyzing foreclosure filing data around the nation. For the first half of 2009, the company reports that foreclosure filings were just shy of two million. This number is a nine percent increase from the last six months of 2008 and a 15 percent increase from the first six months of 2008.”



A R T I C L E:

MIAMI, Fla., Aug. 10 (SEND2PRESS NEWSWIRE) -- ForeclosureDeals.com has been closely following and analyzing foreclosure filing data around the nation. For the first half of 2009, the company reports that foreclosure filings were just shy of two million. This number is a nine percent increase from the last six months of 2008 and a 15 percent increase from the first six months of 2008.

The data shows that cities in California, Florida, Nevada and Arizona had the greatest number of documented foreclosure rates in the first half of 2009. These states accounted for 35 of the 50 highest foreclosure rates among metro areas with a population of 200,000 or more.

More than 20 percent of the metro areas which showed above average levels of foreclosure activity were in states such as Oregon, Idaho, Utah, Arkansas, Illinois and South Carolina. This data suggests that much of the new foreclosure activity may be more directly related to growing unemployment rates in those areas as opposed to subprime and adjustable rate loans coming to term.

However, not all the news is grim. Some of the previously foreclosure-saturated metro areas in Michigan, Ohio, Indiana and California actually posted declining foreclosure activity in the first six months of 2009.

"And, as the credit markets begin to show some signs of loosening," James Fox, business analyst for ForeclosureDeals.com says, "now is an opportune time for first-time home buyers and other real estate investors to scoop up a prime piece of real estate for well under market value. Why pay full price when some properties are available for up to 50 percent less?"

ForeclosureDeals.com is a leading online foreclosure listing service that provides its users with access to a huge database of foreclosure listings that are updated and refreshed daily.

Staffed by an expert team of real estate professionals, ForeclosureDeals.com provides its clients with guidance and support 24 hours per day, seven days per week.

For more information, visit: www.ForeclosureDeals.com.

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Copyright © 2009 by ForeclosureDeals and Send2Press® Newswire, a service of Neotrope® - all rights reserved. Information believed accurate but not guaranteed. Sourced on: freeNewsArticles.com.

Story Title: ForeclosureDeals.com Reports on Foreclosure Filings for First Half of 2009
• REFERENCE KEYWORDS/TERMS: foreclosure deals, , , housing market stats, Real Estate, , , .

IMPORTANT NOTICE: some content which is considered "old" or "archival" may reference an event which has already occurred; some content possibly considered "advertorial" may also reference a promotion or time-limited/sensitive offering, and in all of these instances certain material may no longer be valid. For notably stale content, you should directly contact the company/person mentioned in the text (ForeclosureDeals); this site cannot assist you with information about products/services mentioned in the news article, nor handle any complaints or other issues related to any person/company mentioned or promoted in the above text. Information believed accurate but not guaranteed as of original date of story [Mon, 10 Aug 2009 12:32:04 GMT].

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Real Estate

Real Estate Experts Say Residential and Commercial Foreclosures Will Continue to Rise

Author: ForeclosureDeals
Dateline: Tue, 14 Jul 2009

freeNewsArticles Story Summary: “NEW YORK, N.Y. (SEND2PRESS NEWSWIRE) -- According to the real estate experts at ForeclosureDeals.com, foreclosed properties will continue to dominate the real estate marketplace in many regions. Recent reports have been released that support this prediction. For example, in Utah's Washington County, the region's foreclosure rate remains higher than the national average.”



A R T I C L E:

NEW YORK, N.Y., July 14 (SEND2PRESS NEWSWIRE) -- According to the real estate experts at ForeclosureDeals.com, foreclosed properties will continue to dominate the real estate marketplace in many regions. Recent reports have been released that support this prediction. For example, in Utah's Washington County, the region's foreclosure rate remains higher than the national average. According to a recent report by First American CoreLogic, the region witnessed 3,747 foreclosure filings from June 2008 to May 2009, with an average of 10.27 foreclosures each day.

South Florida is another region that has been hard hit. In the last six months, lenders have filed more than 52,000 foreclosures and it's expected that by the time the year is over there will be more than 100,000 foreclosures filed in the tri-county area, according to a new report from Condo Vulture, LLC.

This same report elaborated that foreclosure filings are growing at a pace of nearly 2,200 per week, while the number of resale properties on the market in South Florida is falling at around 900 per week.

"Now, while the rising foreclosure rate is bad news for sellers, it's good news for homebuyers," James Foxx, Business Analyst at ForeclosureDeals.com says. "The rising foreclosure rate in this country has no doubt given rise to millions of foreclosure homes that are now available for sale at rock-bottom prices. Real estate investors as well as first-time home buyers can now buy properties priced at well below market value."

Commercial foreclosures are also on the rise. The Dallas Business Journal reports that commercial foreclosures jumped 12 percent in the first seven months of 2009 compared to 2008. In New Jersey, foreclosed commercial properties also continued to soar. When the second quarter of 2009 was compared to 2008, the numbers had tripled.

Nationwide, retail space is the biggest commercial property sector of concern, with more than $31 billion in property considered distressed, according to Real Capital Analytics, a New York-based commercial real estate analysis company.

When seeking a foreclosed property, ForeclosureDeals.com is a good place to start. The easy-to-use Web site offers more than 1.5 million listings, nationwide. They say, "If it's not a deal, we won't list it here."

For more information, visit: www.ForeclosureDeals.com.

All trademarks and service marks are the property of the respective parties.

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Copyright © 2009 by ForeclosureDeals and Send2Press® Newswire, a service of Neotrope® - all rights reserved. Information believed accurate but not guaranteed. Sourced on: freeNewsArticles.com.

Story Title: Real Estate Experts Say Residential and Commercial Foreclosures Will Continue to Rise
• REFERENCE KEYWORDS/TERMS: foreclosed homes report, , , real estate experts, Real Estate, , , .

IMPORTANT NOTICE: some content which is considered "old" or "archival" may reference an event which has already occurred; some content possibly considered "advertorial" may also reference a promotion or time-limited/sensitive offering, and in all of these instances certain material may no longer be valid. For notably stale content, you should directly contact the company/person mentioned in the text (ForeclosureDeals); this site cannot assist you with information about products/services mentioned in the news article, nor handle any complaints or other issues related to any person/company mentioned or promoted in the above text. Information believed accurate but not guaranteed as of original date of story [Tue, 14 Jul 2009 11:53:54 GMT].

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Real Estate

ForeclosureListingsNationwide Makes the Dream of Owning a Home a Reality

Author: Foreclosure Listings Nationwide
Dateline: Mon, 06 Jul 2009

freeNewsArticles Story Summary: “LOS ANGELES, Calif. (SEND2PRESS NEWSWIRE) -- Foreclosures are at an all-time high. However, good news is on the horizon. The release of the new federal tax credit of $8,000 given to first-time home buyers has heated up the real estate market and provided a well-needed boost to the struggling real estate industry. And, Foreclosure Listings Nationwide announces that its company has more than 1.5 million properties for sale.”



A R T I C L E:

LOS ANGELES, Calif., July 6 (SEND2PRESS NEWSWIRE) -- Foreclosures are at an all-time high. However, good news is on the horizon. The release of the new federal tax credit of $8,000 given to first-time home buyers has heated up the real estate market and provided a well-needed boost to the struggling real estate industry. And, ForeclosureListingsNationwide.com announces that its company has more than 1.5 million properties for sale.

This recent urge to buy has resulted in the rise in sales of new and existing homes. Some states around the country, such as Kansas, have reported a 10 percent increase in home purchases since March of this year which is largely attributed to the tax credit and lower mortgage rates.

In fact, according to the National Association of REALTORS(R), pending home sales show a sustained uptrend, rising for four consecutive months with very favorable housing affordability and a first-time buyer tax credit boosting activity.

"Now, keep in mind that this tax credit is only going to be available for first-time homebuyers who can complete their purchase by December 1," says Jason Gallagher, real estate expert for ForeclosureListingsNationwide.com. "Therefore, many people are making offers now because it usually takes 30 to 60 days to close the deal."

This tax credit may be applied to primary residences including: single-family homes, condominiums, townhomes, and co-ops.

"And, with so many foreclosure homes on the market, now may be the perfect time to buy," adds Gallagher.

ForeclosureListingsNationwide.com offers the freshest foreclosure listings available on the Web. It is an easy-to-use Web site that offers comprehensive search filter options, neighborhood reports, satellite and street views and school system profiles.

"Our level of customer service is unsurpassed," adds Gallagher. "Our staff knows the real estate business inside and out and we are here to help our clients every step of the way when it comes to purchasing a foreclosed home."

In addition to 24/7 customer service, ForeclosureListingsNationwide.com also provides clients with financial tools such as a free foreclosure e-book, mortgage calculator and a foreclosure learning center that is filled with helpful resources.

People who visit the Web site simply click on any state on the U.S. map to begin saving money right away.

For more information, visit: www.ForeclosureListingsNationwide.com.

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Copyright © 2009 by Foreclosure Listings Nationwide and Send2Press® Newswire, a service of Neotrope® - all rights reserved. Information believed accurate but not guaranteed. Sourced on: freeNewsArticles.com.

Story Title: ForeclosureListingsNationwide Makes the Dream of Owning a Home a Reality
• REFERENCE KEYWORDS/TERMS: federal tax credit, , , Foreclosure Listings Nationwide, Real Estate, , , .

IMPORTANT NOTICE: some content which is considered "old" or "archival" may reference an event which has already occurred; some content possibly considered "advertorial" may also reference a promotion or time-limited/sensitive offering, and in all of these instances certain material may no longer be valid. For notably stale content, you should directly contact the company/person mentioned in the text (Foreclosure Listings Nationwide); this site cannot assist you with information about products/services mentioned in the news article, nor handle any complaints or other issues related to any person/company mentioned or promoted in the above text. Information believed accurate but not guaranteed as of original date of story [Mon, 06 Jul 2009 15:11:14 GMT].

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Real Estate

ForeclosureDeals Does the Research for Its Clients

Author: ForeclosureDeals
Dateline: Mon, 29 Jun 2009

freeNewsArticles Story Summary: “MIAMI, Fla. (SEND2PRESS NEWSWIRE) -- ForeclosureDeals.com, a leading online foreclosure listings service announces that real estate executives say the regions that saw the biggest price spikes during the bubble continue to wrestle with the most foreclosures: California, Florida, Nevada and Arizona.”



A R T I C L E:

MIAMI, Fla., June 29 (SEND2PRESS NEWSWIRE) -- ForeclosureDeals.com, a leading online foreclosure listings service announces that real estate executives say the regions that saw the biggest price spikes during the bubble continue to wrestle with the most foreclosures: California, Florida, Nevada and Arizona. According to ForeclosureDeals, in the month of May, alone, California reported 92,249 properties with foreclosure filings - the highest total of any state.

In Florida, while scheduled auctions and bank repossessions were down from the previous month, the state still posted the nation's second highest number of properties with foreclosure filings: 58,931.

Nevada documented 17,157 properties with foreclosure filings, pushing its foreclosure activity up five percent from the previous month.

Other states with totals among the 10 highest in the country were: Arizona, (16,865); Michigan (13,891); Ohio (11,360); Illinois (10,942); Georgia (10,516); Texas (9,813); and Virginia (5,385). The top 10 states account for nearly 77 percent of foreclosure filings, nationwide.

"In looking to the future, there is still too much uncertainty in the overall economy that will, without a doubt, only create more foreclosures," Matt Bradley, lead analyst for ForeclosureDeals.com, says.

In addition, while some ARM's have reset, according to a recent Bloomberg report where they sourced First American CoreLogic, approximately one million option adjustable-rate mortgages are estimated to reset higher in the next four years.

So, how does ForeclosureDeals.com fit in? This online foreclosure listings' service promises to provide support, resources and guidance to people who are seeking to purchase residential properties at rock-bottom prices.

"While there are buyers in the market, they still lack the confidence," Bradley, adds. "Our team of well-trained real estate experts helps to restore confidence through education and financial savvy."

ForeclosureDeals.com works closely with financial institutions, court houses, government agencies and brokers. Clients can rest assured that ForeclosureDeals.com has done its homework; all listings are accurate and up-to-date.

Some benefits of using ForeclosureDeals.com include: daily updates, exclusive search filters, satellite photos, neighborhood profiles, a free foreclosure e-book, educational resources and more.

About ForeclosureDeals

Founded in 1998, ForeclosureDeals.com provides services in all 50 states. Its foreclosure listings databank has more than 1.5 million property listings and its 65 employees are at the ready to serve 24 hours per day, seven days per week.

For more information, visit: www.ForeclosureDeals.com.

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Copyright © 2009 by ForeclosureDeals and Send2Press® Newswire, a service of Neotrope® - all rights reserved. Information believed accurate but not guaranteed. Sourced on: freeNewsArticles.com.

Story Title: ForeclosureDeals Does the Research for Its Clients
• REFERENCE KEYWORDS/TERMS: bank repossessions, , , Foreclosure Deals, Real Estate, , , .

IMPORTANT NOTICE: some content which is considered "old" or "archival" may reference an event which has already occurred; some content possibly considered "advertorial" may also reference a promotion or time-limited/sensitive offering, and in all of these instances certain material may no longer be valid. For notably stale content, you should directly contact the company/person mentioned in the text (ForeclosureDeals); this site cannot assist you with information about products/services mentioned in the news article, nor handle any complaints or other issues related to any person/company mentioned or promoted in the above text. Information believed accurate but not guaranteed as of original date of story [Mon, 29 Jun 2009 15:17:42 GMT].

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Real Estate

Leading Online Foreclosure Database Releases Latest Statistics on Real Estate Market

Author: ForeclosureListings
Dateline: Fri, 12 Jun 2009

freeNewsArticles Story Summary: “NEW YORK, N.Y. (SEND2PRESS NEWSWIRE) -- According to research by ForeclosureListings, during the last two years, the housing market has been suffering due to increasing numbers of foreclosure properties glutting the market. While this has been bad for homeowners who are losing their properties at unprecedented rates, investors have benefited from this trend. Housing values have gone down dramatically making many affordable for investors who can convert them into profitable rental properties and other investments.”



A R T I C L E:

NEW YORK, N.Y., June 12 (SEND2PRESS NEWSWIRE) -- According to research by ForeclosureListings.com, during the last two years, the housing market has been suffering due to increasing numbers of foreclosure properties glutting the market. While this has been bad for homeowners who are losing their properties at unprecedented rates, investors have benefited from this trend. Housing values have gone down dramatically making many affordable for investors who can convert them into profitable rental properties and other investments. Recent statistics, however, suggest investors interested in taking advantage of this option may need to act fast. The housing market may be improving.

ForeclosureListings.com compiles and tracks data about foreclosures throughout the United States. According to their results, many cities and states have seen a decrease in the number of foreclosures between April and May 2009. These cities include Las Vegas (8.33 percent), Phoenix (2.28 percent), Atlanta (2.03 percent), Detroit (1.02 percent), Miami (6.10 percent), and Denver (7.56 percent). California, Georgia, Texas, Nevada, and Colorado have all seen their statewide numbers of foreclosures decrease by 5 percent or less. While that may not seem significant, most of these states have seen gains in foreclosures every month for at least a year.

Despite the positive results listed above, ForeclosureListings also noticed some hot spot cities on the horizon for potential investors.

These are cities that have seen tremendous jumps in the number of reported foreclosures. According to ForeclosureListings.com, Chicago increased by nearly 13 percent, Minneapolis increased by almost 10 percent, North Las Vegas saw an increase of over 6 percent, and Memphis jumped by over 31 percent. Both Illinois and Nevada saw statewide increases: 6.62 percent and 4.65 percent, respectively. Florida, Ohio, and Michigan all saw increases statewide of around 1 percent. While these state increases may seem small, these states have already seen large numbers of property foreclosures and the situation does not seem to be drawing to a close if these most recent figures are any indication.

Statistic Methodology

ForeclosureListings.com generates their statistics based on reports from government, financial, and real estate organizations. Each number is based on properties which have received at least one foreclosure notification between April and May 2009.

About ForeclosureListings

Started in 1998, www.ForeclosureListings.com is one of the leading online sites providing up-to-date information on the state of the housing market in the United States.

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Copyright © 2009 by ForeclosureListings and Send2Press® Newswire, a service of Neotrope® - all rights reserved. Information believed accurate but not guaranteed. Sourced on: freeNewsArticles.com.

Story Title: Leading Online Foreclosure Database Releases Latest Statistics on Real Estate Market
• REFERENCE KEYWORDS/TERMS: foreclosure research report, , , housing market, Real Estate, , , .

IMPORTANT NOTICE: some content which is considered "old" or "archival" may reference an event which has already occurred; some content possibly considered "advertorial" may also reference a promotion or time-limited/sensitive offering, and in all of these instances certain material may no longer be valid. For notably stale content, you should directly contact the company/person mentioned in the text (ForeclosureListings); this site cannot assist you with information about products/services mentioned in the news article, nor handle any complaints or other issues related to any person/company mentioned or promoted in the above text. Information believed accurate but not guaranteed as of original date of story [Fri, 12 Jun 2009 14:56:42 GMT].

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Real Estate

Texans Invited to Tour Invergarry Castle after the Texas Scottish Festival and Highland Games

Author: MyGlengarry.com Conservation Trust
Dateline: Thu, 04 Jun 2009

freeNewsArticles Story Summary: “ARLINGTON, Texas, June 4 (SEND2PRESS NEWSWIRE) -- The MyGlengarry.com Conservation Trust invites participants of the Texas Scottish Festival and Highland Games, taking place at the Maverick Stadium in Arlington, June 5 through June 7, to extend these Scottish festivities and take a unique Second Life tour of the Scottish Citadel, Invergarry Castle. The tour is scheduled to take place on June 8 at 2 p.m. and is open to all Texas residents.”



A R T I C L E:

ARLINGTON, Texas, June 4 (SEND2PRESS NEWSWIRE) -- The MyGlengarry.com Conservation Trust invites participants of the Texas Scottish Festival and Highland Games, taking place at the Maverick Stadium in Arlington, June 5 through June 7, to extend these Scottish festivities and take a unique Second Life tour of the Scottish Citadel, Invergarry Castle. The tour is scheduled to take place on June 8 at 2 p.m. and is open to all Texas residents.

MyGlengarryThe Scottish Trust has a mission to preserve and conserve the heritage and land around the River Garry in Inverness-shire, Scotland and is tasked with raising funds and building an international online community. And, while they realize that many Texans will not be able to attend the tour in person, they hope to generate international excitement by inviting people to visit: www.MyGlengarry.com.

Invergarry Castle sits less than one mile away from the banks of the River Garry and has been painstakingly recreated on Second Life - as it is now and as it would have been in the 17th century when it was the seat of the MacDonells of Glengarry, one of the main branches of Clan Donald.

"We know that the task facing the Trust is a huge one," Paul Williamson, chair of the MyGlengarry.com Conservation Trust, says. "We also know that there are many willing Scots around the globe who are anxious to do what they can to help."

Williamson adds that they already have members from the U.S., Australia, Canada, New Zealand and Scotland who brainstorm about fundraising and ways to build a strong international community. Other members make financial donations by buying a nine-foot square plot of land for $45.00 from the River Garry area. Buyers are legal landowners in Scottish law. They receive title deeds, but must agree to the Trust managing the land on their behalf; all profits are put back into the land. Plot owners, in Scottish law, may also assume the title of Laird or Lady.

Potential land buyers may choose their exact plot through the use of advanced-mapping technology. This technology provides detail that is eight times greater than Google Earth. And, through the interactive map available on the Web site, plot owners can have a virtual visit anytime.

Ultimately, the Second Life tour is designed to show people who are interested in their Scottish roots what is at stake. And, while Scots from Texas may not be able to visit the Highlands, The Trust can deliver a little bit of their heritage to them.

To sign up for the tour or to become a member of the Trust, visit: www.MyGlengarry.com; membership is free. Photos are also available by emailing Caroline Badley at: caroline @ MyGlengarry.com.

All trademarks and service marks are the property of the respective parties.

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Copyright © 2009 by MyGlengarry.com Conservation Trust and Send2Press® Newswire, a service of Neotrope® - all rights reserved. Information believed accurate but not guaranteed. Sourced on: freeNewsArticles.com.

Story Title: Texans Invited to Tour Invergarry Castle after the Texas Scottish Festival and Highland Games
• REFERENCE KEYWORDS/TERMS: Texas Scottish Festival, , , MyGlengarry Conservation Trust, Real Estate, , , .

IMPORTANT NOTICE: some content which is considered "old" or "archival" may reference an event which has already occurred; some content possibly considered "advertorial" may also reference a promotion or time-limited/sensitive offering, and in all of these instances certain material may no longer be valid. For notably stale content, you should directly contact the company/person mentioned in the text (MyGlengarry.com Conservation Trust); this site cannot assist you with information about products/services mentioned in the news article, nor handle any complaints or other issues related to any person/company mentioned or promoted in the above text. Information believed accurate but not guaranteed as of original date of story [Thu, 04 Jun 2009 16:14:58 GMT].

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Real Estate

Foreclosure Listing Website Helps Real Estate Investors to Find Best Bargains

Author: BankForeclosuresSale.com
Dateline: Tue, 12 May 2009

freeNewsArticles Story Summary: “MIAMI, Fla., May 12 (SEND2PRESS NEWSWIRE) -- Many Americans have been awaiting the results of the recent bank stress tests which served to clarify banks' capital needs. The results revealed that many banks won't get a high enough price for their mortgage-related debt. As a result, Bank Foreclosures Sale has an extensive database of bank foreclosures and cheap houses for sale.”



A R T I C L E:

MIAMI, Fla., May 12 (SEND2PRESS NEWSWIRE) -- Many Americans have been awaiting the results of the recent bank stress tests which served to clarify banks' capital needs. The results revealed that many banks won't get a high enough price for their mortgage-related debt. As a result, BankForeclosuresSale.com has an extensive database of bank foreclosures and cheap houses for sale.

Once home values began falling in 2007, owners started having trouble refinancing mortgage loans. Defaults rose. That caused bank assets to lose value. Soon, buyers became unwilling to pay market rates for a wide amount of mortgage-related assets, even those that were performing well.

And, unless banks can sell off these assets, they won't be able to resume normal lending. So, purchasing a foreclosed home is a win-win situation; it helps the banks and it provides a financial opportunity for real estate investors.

Today, many real estate investors see opportunity with so many cheap houses for sale.

"In particular, these falling prices are attracting first-home buyers," Anthony Baker, BankForeclosuresSale.com, representative says.

For example, across Florida and in other states with high numbers of foreclosures for sale, severe declines in real estate values are reinvigorating a group of buyers previously priced out: middle-class families with steady jobs who are buying a home for the first time.

The National Association of REALTORS® recently revealed some numbers that showed the sales of existing homes across the country rose 5.1 percent in February, with much of the increase concentrated in foreclosed homes purchased for less than $300,000. So, even with tighter borrowing restrictions, renters are discovering that they can now afford to own.

About BankForeclosuresSale

BankForeclosuresSale.com is a leading online foreclosure listings' service that provides information and advice to an array of real estate investors about foreclosures for sale. Their database contains more than 2 million foreclosure listings, including bank foreclosures, and government foreclosures.

The foreclosure listings website is updated daily and includes the most accurate information available on foreclosures for sale. Their customer service staff has professional experience in the real estate industry and is available to assist 24 hours a day, seven days a week.

For more information, visit: www.BankForeclosuresSale.com.

All trademarks and service marks are the property of the respective parties.

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Copyright © 2009 by BankForeclosuresSale.com and Send2Press® Newswire, a service of Neotrope® - all rights reserved. Information believed accurate but not guaranteed. Sourced on: freeNewsArticles.com.

Story Title: Foreclosure Listing Website Helps Real Estate Investors to Find Best Bargains
• REFERENCE KEYWORDS/TERMS: bank stress tests, , , Banks Foreclosures Sale, Real Estate, , , .

IMPORTANT NOTICE: some content which is considered "old" or "archival" may reference an event which has already occurred; some content possibly considered "advertorial" may also reference a promotion or time-limited/sensitive offering, and in all of these instances certain material may no longer be valid. For notably stale content, you should directly contact the company/person mentioned in the text (BankForeclosuresSale.com); this site cannot assist you with information about products/services mentioned in the news article, nor handle any complaints or other issues related to any person/company mentioned or promoted in the above text. Information believed accurate but not guaranteed as of original date of story [Tue, 12 May 2009 15:04:37 GMT].

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Real Estate

New Network of Fractional Real Estate Professionals Provides Vacation Home Buyers and Sellers with Appealing Options

Author: Fractional Homes International
Dateline: Tue, 17 Mar 2009

freeNewsArticles Story Summary: “WALLINGFORD, Conn., March 17 (SEND2PRESS NEWSWIRE) -- Fractional Homes International (FHI) announced today that it now has Certified Fractional Real Estate Professionals in 11 states and 2 countries who are focusing on the fast-growing trend of fractional ownership of single-family vacation homes. Launched by leading fractional real estate consultant Sherman Potvin, FHI's network of highly trained professionals specialize in the art of converting whole-ownership vacation homes into prime fractional vacation properties.”



A R T I C L E:

WALLINGFORD, Conn., March 17 (SEND2PRESS NEWSWIRE) -- Fractional Homes International (FHI) announced today that it now has Certified Fractional Real Estate Professionals in 11 states and 2 countries who are focusing on the fast-growing trend of fractional ownership of single-family vacation homes. Launched by leading fractional real estate consultant Sherman Potvin, FHI's network of highly trained professionals specialize in the art of converting whole-ownership vacation homes into prime fractional vacation properties.

FHI is dedicated to the belief that fractional ownership is the smartest way to own a vacation home, allowing several owners (usually 4-8) to share the cost and use of a home. Selling a home in fractions has several benefits for the seller, especially in a slow economy: the lower cost per share creates a much larger pool of potential buyers; the total gross sales can be up to 1.5 times the Fair Market Value of the home; and owners can keep a share of the home they love if they so choose. Fractional ownership also has many benefits for buyers: they are only paying for the amount of time they would actually use the vacation property; they can afford a share of a nicer vacation home than they could if buying a whole home; and by sharing expenses, the owners can afford to hire a property manager to handle upkeep and maintenance, making their vacations truly hassle-free.

As fractional consultants, FHI's Certified Fractional Professionals offer a turn-key solution to homeowners -- taking care of each step from performing a feasibility analysis, to working with specialized attorneys to formulate the legal documents that govern the use and care of the home, to planning the sales and marketing strategy. Each FHI Certified Fractional Professional is bound by FHI's strict Code of Ethics. They are trained to thoroughly analyze each project's potential and only contract their services on projects that meet FHI's Certified Property Criteria. Vacation home buyers and sellers can find their nearest Certified Professional by visiting FractionalHomesIntl.com.

Having produced the most comprehensive training program in the fractional industry, Fractional Homes International prepares its members to serve as fractional real estate developers, consultants, and sales professionals. Its intensive 5-day Training Program is supported by a 400-page Training Manual developed by some of the best minds in the fractional real estate industry. Graduates of the FHI Training Program earn the designation of Certified Fractional Professional, which sets them apart from their peers and identifies them as the best-trained in the business.

Fractional Homes International was launched in November 2008. It made its formal debut to the industry as a Sponsor of the March 2009 Ragatz Associates Fractional Interest Conference. Its mission is to bring fractional ownership to mainstream acceptance among vacation home sellers and buyers worldwide through its network of Certified Fractional Professionals. The next FHI training session will be held in July 2009. FHI is the third fractional company founded by Sherman Potvin, joining Luxury Fractional Guide and Luxury Fractional Exchanges.

For more information please visit www.FractionalHomesIntl.com.

All trademarks and service marks are the property of the respective parties.

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Copyright © 2009 by Fractional Homes International and Send2Press® Newswire, a service of Neotrope® - all rights reserved. Information believed accurate but not guaranteed. Sourced on: freeNewsArticles.com.

• Web Image (72dpi): https://www.send2press.com/mediaboom/09-0317-FHomesIntl_72dpi.jpg

Story Title: New Network of Fractional Real Estate Professionals Provides Vacation Home Buyers and Sellers with Appealing Options
• REFERENCE KEYWORDS/TERMS: Fractional Homes International, , , own a vacation home, Real Estate, , , .

IMPORTANT NOTICE: some content which is considered "old" or "archival" may reference an event which has already occurred; some content possibly considered "advertorial" may also reference a promotion or time-limited/sensitive offering, and in all of these instances certain material may no longer be valid. For notably stale content, you should directly contact the company/person mentioned in the text (Fractional Homes International); this site cannot assist you with information about products/services mentioned in the news article, nor handle any complaints or other issues related to any person/company mentioned or promoted in the above text. Information believed accurate but not guaranteed as of original date of story [Tue, 17 Mar 2009 13:29:43 GMT].

USE THIS CONTENT FOR FREE: To use this content in your newspaper, broadcast outlet, news portal, blog/ezine or similar, free of cost, CLICK HERE to learn how.