Archive for May, 2013

Ellen DeGeneres and Portia de Rossi buy Montecito mansion

The 13-acre estate had been listed at $26.5 million. The talk-show host and the actress own several other properties in Southern California. Talk-show host Ellen DeGeneres and her wife, actress Portia de Rossi, have bought a 13-acre estate in Montecito that had been listed at $26.5 million

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Equity investment program can help you buy that house

The REX HomeBuyer program provides up to half of the down payment and will share in the profit or loss on the home when you sell. Are you ready to bet that the great housing recession is finally over and that values are rising again?

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Can board place association funds in risky investments?

Board president’s move to invest reserve funds in a firm that forecloses on titleholder properties raises red flags of possible mismanagement. Question: Our homeowners association is hemorrhaging money at an alarming rate, and the president tells owners he moved all reserve money elsewhere to avoid a potential judicial judgment from attaching it. Under management’s influence, he invested it all in an assessment recovery firm, claiming the association receives a very high return on our investment

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US Investors Looking To Europe For Best Value

US property investors are increasingly looking to invest in foreign markets, particularly the UK, according to a report by mutual fund analysts Lipper.? Approximately $2.6 billion of American money has been invested in European office blocks, hotels and other commercial properties abroad over…

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UK Farmland Value Increases

Rural property in the United Kingdom (UK) continues to appreciate in value and is proving a worthy hedge against price volatility in metro areas. Analysts at Carter Jonas and Smiths Gore report that farmland outperformed both residential and commercial property in terms of total returns for 2012, and…

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Aussie Housing Market Improves

The Housing Industry Association (HIA) reports that new-home sales are up in Australia for the month of April. The 3.9% increase is tabulated by surveying the country’s largest builders in the HIA’s New Home Sales Report.

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Expats Extol Nicaragua’s Virtues

Nicaragua is a growing enclave for adventurous expats, but it’s also becoming a popular tourist destination and those who live there advice visitors make time for Granada.

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Housing Market Bubble Unlikely, Experts Say

Experts conclude that the U.S. housing market has returned to roughly half its former strength, and yet there are no fears that a bubble may ensue. Trulia’s Housing Barometer report, which gauges the market’s recovery, puts the value at 54% of its pre-2008 strength

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Housing Market Bubble Unlikely, Experts Say

Experts conclude that the U.S. housing market has returned to roughly half its former strength, and yet there are no fears that a bubble may ensue.

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Beware Franchise Lies, Expert Warns

Franchise contracts can be very complicated and often contain legalese specifically disguised to thwart the buyer’s full understanding of the agreement. Prospective franchisees faced with signing these kinds of documents should do with great care and never without the advice of an attorney. Oftentimes..

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