Wednesday, March 12, 2008

Foreclosures Even Affecting the Rich - Lender to Michael Jackson: Pay up or Beat It

Foreclosures are even affecting the Rich right now. Last month the Hearst mansion went to auction, and now it looks like Neverland Ranch, home of Michael Jackson will be going to autcion.

Lender to Michael Jackson: Pay up or Beat It

"On March 19, at 1:00 p.m., Michael Jackson’s Neverland Ranch in Los Olivos,
Calif., is scheduled for a public auction at the Santa Barbara County Courthouse
at 1100 Anacapa Street. The opening bid is estimated to be at least $20,000,000.
The sprawling Jackson estate — located at 5225 Figueroa Mountain Road — sits on
2,800 acres of rolling hills in California’s wine county north of Santa Barbara.
Financial Title Co. filed the notice of trustee’s sale with the Santa Barbara
County Superior Court on Feb. 26. The auction notice for the property was
recently posted on RealtyTrac, the leading online marketplace for foreclosure
properties." - RisMedia


I wonder where this carousel is going to stop before its over...

Foreclosures Even Affecting the Rich - Lender to Michael Jackson: Pay up or Beat It

Foreclosures are even affecting the Rich right now. Last month the Hearst mansion went to auction, and now it looks like Neverland Ranch, home of Michael Jackson will be going to autcion.

Lender to Michael Jackson: Pay up or Beat It

"On March 19, at 1:00 p.m., Michael Jackson’s Neverland Ranch in Los Olivos,
Calif., is scheduled for a public auction at the Santa Barbara County Courthouse
at 1100 Anacapa Street. The opening bid is estimated to be at least $20,000,000.
The sprawling Jackson estate — located at 5225 Figueroa Mountain Road — sits on
2,800 acres of rolling hills in California’s wine county north of Santa Barbara.
Financial Title Co. filed the notice of trustee’s sale with the Santa Barbara
County Superior Court on Feb. 26. The auction notice for the property was
recently posted on RealtyTrac, the leading online marketplace for foreclosure
properties." - RisMedia


I wonder where this carousel is going to stop before its over...

Thursday, March 6, 2008

Home Builders Go 'Green'

Home Builders Go 'Green' To Seek New Selling Point (Full Article)

We have seen this all over the board in our area, especially in area like Spring Creek by Zions Crossroads. Looks like we have the same problem in the nation.

"The Census Bureau and the U.S. Department of Housing and Urban Development jointly released their monthly report on new home sales early Wednesday morning.
The report showed new home sales declined once again, this time to a seasonally adjusted annual
rate of 588,000 units. The revised December figure was 605,000 houses for a month-over-month drop of 2.8 percent. The January 2008 figure is 33.9 percent below the January 2007 estimate of 890,000 sales. " - Jim Carlton From The Wall Street Journal Online

Home Builders Go 'Green'

Home Builders Go 'Green' To Seek New Selling Point (Full Article)

We have seen this all over the board in our area, especially in area like Spring Creek by Zions Crossroads. Looks like we have the same problem in the nation.

"The Census Bureau and the U.S. Department of Housing and Urban Development jointly released their monthly report on new home sales early Wednesday morning.
The report showed new home sales declined once again, this time to a seasonally adjusted annual
rate of 588,000 units. The revised December figure was 605,000 houses for a month-over-month drop of 2.8 percent. The January 2008 figure is 33.9 percent below the January 2007 estimate of 890,000 sales. " - Jim Carlton From The Wall Street Journal Online

Do Young, Tech-Savvy Buyers Need a Real Estate Agent

Do Young, Tech-Savvy Buyers Need a Real Estate Agent?

Despite charging a full service commission of 6% on listings, a large number of agents in our area are not providing full service if they are not marketing a home correctly and efficiently on the internet.

As one reader pointed out in response to a WSJ.com post on photos in real-estate listings, "most agents are not utilizing technology efficiently." The readers explains, "We had a young agent and he did an excellent job with marketing our town home. We ended up getting three dozen offers. He also uses BlackBerry and a few other tech gadgets which many agents simply don't use or cannot afford or whatever." Lauren
Baier Kim
from the Wall Street Journal

There are tons of websites that every home needs to get exposure on to ensure the best sale for their client. For example, Yahoo! Real Estate, Google Base, Trulia, Realtor.com, and craigslist are some of the most popular. 82% of homebuyers start their search online. How many of those are you missing out on?

Leave comments!!!

http://www.robsellscharlottesville.com/

Do Young, Tech-Savvy Buyers Need a Real Estate Agent

Do Young, Tech-Savvy Buyers Need a Real Estate Agent?

Despite charging a full service commission of 6% on listings, a large number of agents in our area are not providing full service if they are not marketing a home correctly and efficiently on the internet.

As one reader pointed out in response to a WSJ.com post on photos in real-estate listings, "most agents are not utilizing technology efficiently." The readers explains, "We had a young agent and he did an excellent job with marketing our town home. We ended up getting three dozen offers. He also uses BlackBerry and a few other tech gadgets which many agents simply don't use or cannot afford or whatever." Lauren
Baier Kim
from the Wall Street Journal

There are tons of websites that every home needs to get exposure on to ensure the best sale for their client. For example, Yahoo! Real Estate, Google Base, Trulia, Realtor.com, and craigslist are some of the most popular. 82% of homebuyers start their search online. How many of those are you missing out on?

Leave comments!!!

http://www.robsellscharlottesville.com/

Home Warranty of America, Inc., Offers Green Home Warranty Option

March 6, 2008-Home Warranty of America announced the availability of one of the first-ever green home warranty options in the nation. According to HWA, real estate professionals can now offer their buyers a comprehensive home warranty from HWA with the option to purchase GreenPlus. This new option provides replacement of the appliances and systems shown below with Energy Star rated products, if the unit cannot be repaired.

Dishwasher
Refrigerator
Clothes Washer
Heating System (with 90% efficiency)
Water Heater (with a tankless water heater)
Oven, Range, Cook Top

“This is an incredible breakthrough in the home warranty business. It means that many of the thousands of replacements we handle each year for our customers with these appliances and systems will upgrade to much more energy efficient units, helping to save money for our customers. It will also reduce energy consumption and positively impact the environment through less greenhouse gases” said David Sobel, vice president of sales, Home Warranty of America.

“We know from Energy Star that if just one in 10 homes used Energy Star qualified appliances, the change would be like planting 1.7 million acres of trees. We believe real estate professionals and consumers want this and so do we. It can only be a win-win for all of us,” said Marc Roth, president & CEO, Home Warranty of America.

The company says that HWA has made GreenPlus also available through its direct-to-consumer home warranty programs to expand its reach and impact. This allows those consumers not selling or buying a home to also participate.

“We want to be a part of reducing greenhouse gases and saving our customers real money. Doing our part in this global action is imperative to secure our children’s and grandchildren’s futures,” added Sobel.

Heating, ventilation and air conditioning (HVAC) can account for up to 45% of a homes energy costs. Energy Star HVAC equipment can save up to 20% on heating and cooling costs. Source: www.energystar.gov

For more information, visit www.hwahomewarranty.com.

The company says that GreenPlus is now available to real estate professionals in Texas, California, Nevada, Oregon, Washington, Kentucky, Indiana, Ohio, Arkansas, Mississippi, Alabama, Georgia and Tennessee. It will be available nationally by April 1, 2008.

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