Archive for November, 2012

Conforming Fannie and Freddie loan limits unchanged in 2013

Conforming Fannie and Freddie loan limits remain unchanged in 2013 The Federal Housing Finance Agency (FHFA) announced that the maximum conforming loan limits for mortgages acquired by Fannie Mae and Freddie Mac in 2013 will remain at existing levels. In high-cost areas such as California, the loan limit is $625,000 for one-unit properties. The loan limits are established under the terms of the Housing and Economic Recovery Act of 2008 (HERA) and are calculated each year

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Unfriendly Market Faces New Homebuyers

Current homeowners, investors and people with means are all seeing benefits from the improved U.S. housing market, but statistics show first-time homebuyers are being left out in the cold. The National Association of Realtors (NAR) reports that the percentage of new homebuyers is down nearly 10% on..

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Tax Reporting For Mexican Real Estate Held In Fideicomisos

Anyone who has “bought” property in Mexico near its borders or near the water is familiar with the concept of the fideicomisos. Fideicomisos are trust arrangements with Mexican banks, where the banks holds title to a property on behalf of a foreign buyer.?Since foreigners can’t…

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Home Security Big Draw in Ibiza

Realtors who deal in high-end property are in the know about their clients’ needs, and one of those needs appears to the certainty of security.

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Venture Capitalists Flee Florida

A recent MoneyTree report from PricewaterhouseCoopers shows venture capitalist investments were down 36% this summer as compared to last summer, which took Florida out of the Top 10 for investment and dropped it to 22nd place. Analysts say venture capitalist funds are being focused instead in Silicon…

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Thai Condos Attract Buyers

Taking their cue from heavy government infrastructure investment, foreign and domestic property investors are flocking to Thailand’s condominium market, particularly along the country’s coastlines. The Thai government has committed $72 billion in investment to keep the country competitive…

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Franchise Agreement Negotiation: The Franchisor’s Give Me and Take Approach

Franchisors who are willing to negotiate any part of their franchise agreement are by far the exception rather than the rule. In fact, the rule is something like, “what part of ‘no’ do you not understand?” Of course, there are good reasons for franchisors to stand pat (namely..

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Actress Halle Berry aims to sell Hollywood Hills West house

Halle Berry’s Hollywood Hills West home is being shopped as a pocket listing for $15 million. It was the site of a recent altercation between her ex-boyfriend and another man. Actress Halle Berry is trying to sell her Hollywood Hills West house.

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Actress Halle Berry aims to sell Hollywood Hills West house

Halle Berry’s Hollywood Hills West home is being shopped as a pocket listing for $15 million. It was the site of a recent altercation between her ex-boyfriend and another man. Actress Halle Berry is trying to sell her Hollywood Hills West house

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US Commercial Real Estate Market Improving

The National Association of Realtors (NAR) is giving a thumbs up for improved fundamentals in the U.S. commercial property market. The positive marks are predicated on the avoidance of the fiscal cliff and modest job creation that many hope will come with the recovering economy

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