Yearly Archives: 2013
Attorney Pleads Guilty in Mortgage Fraud Scheme
PITTSBURGH - January 29, 2013 - (RealEstateRama) -- An attorney pleaded guilty in federal court to charges of wire fraud, filing false income tax returns, and failing to file income tax returns, United States Attorney David J. Hickton announced today.
SCHEPISI-CIATTARELLI BILL GIVING TOWNS ACQUIRING FLOOD-PRONE LAND TAX-EXEMPT STATUS APPROVED BY ASSEMBLY
WASHINGTON, D.C. - January 29, 2013 - (RealEstateRama) -- Bipartisan legislation sponsored by Assemblywoman Holly Schepisi, R-Bergen and Passaic, and Assemblyman Jack Ciattarelli, R-Somerset, Hunterdon, Mercer and Middlesex, that would exempt flood-pro...
RUMANA SPONSORED BILL GIVING TOWNS ACQUIRING FLOOD-PRONE LAND TAX-EXEMPT STATUS APPROVED BY ASSEMBLY
WASHINGTON, D.C. - January 29, 2013 - (RealEstateRama) -- Bipartisan legislation co-sponsored by Assembly Republican Whip Scott Rumana, R-Passaic, Bergen, Essex and Morris, that would exempt flood-prone properties acquired by municipalities from county...
Former Bank Vice President Sentenced to 10 Years in Prison for Mortgage Fraud Scheme
WASHINGTON, D.C. - January 29, 2013 - (RealEstateRama) -- A former senior vice president and loan officer at Pierce Commercial Bank was sentenced today in U.S. District Court in Tacoma to 10 years in prison and five years of supervised release for a mo...
Higher RainScapes Rewards Rebates Now Available; Residents and Businesses Urged to Apply for Projects...
WASHINGTON, D.C. - January 29, 2013 - (RealEstateRama) -- The Montgomery County Department of Environmental Protection’s (DEP) RainScapes Rewards program has increased its rebate limits to $2,500 for residential properties and $10,000 for institution...
IBHS Offers Guidance on Rebuilding and Repairing Safer, Stronger After Sandy
WASHINGTON, D.C. - January 29, 2013 - (RealEstateRama) -- As Sandy recovery continues, the Insurance Institute for Business & Home Safety (IBHS) offers new insights and guidance focused on key rebuilding issues to help residents and business owners repair or rebuild so that their property is stronger and more resilient.
Federal Housing Finance Agency Reports Mortgage Interest Rates
Washington, DC - January 29, 2013 - (RealEstateRama) -- The Federal Housing Finance Agency (FHFA) today reported that the National Average Contract Mortgage Rate for the Purchase of Previously Occupied Homes by Combined Lenders, used as an index in some adjustable-rate mortgage (ARM) contracts, was 3.29 percent based on loans closed in December. There was a decrease of 0.07 from the previous month.
The Intero Foundation Donates over $200,000 in 2012 to Organizations that Support Children in...
Cupertino, CA - January 29, 2013 - (RealEstateRama) -- The Intero Foundation (www.interofoundation.org), a non-profit organization, created by the founders of Intero Real Estate Services in 2002 to benefit children in need, announced that it has donated over $200,000to 25 charities throughout the San Francisco Bay Area in 2012 as part of its mission to positively impact the growth and well being of children in our communities.
Daniel Gale Sotheby’s Expands Management Role for Marianne Koke
Cold Spring Harbor, NY - January 29, 2013 - (RealEstateRama) -- Daniel Gale Sotheby’s International Realty (DGSIR), one of the nation’s leading realtors, has named Marianne Koke sales manager of its Stony Brook sales office. This new role is an expansion of her current duties, as Marianne will continue to manage sales at the organization’s St. James office. Patricia J. Petersen, President and CEO of Daniel Gale Sotheby’s International Realty and Angela Anderson, SVP and regional manager of DGSIR jointly made the announcement.
Homes.com and ForRent.com Report Stellar Growth in 2012
Norfolk, VA - January 29, 2013 - (RealEstateRama) -- Continuing to establish itself as a leading consumer resource and real estate listing powerhouse, Homes.com, which features millions of homes for sale and for rent, reported a stellar 2012. Highlights included notable traffic increases, with an average of 11 million monthly unique visitors, up from 9 million the previous year. ForRent.com and its network, which powers rental and multifamily listings on Homes.com, cited nearly 5 million unique visitors, a 46 percent increase.
National Association of Real Estate Editors Announces 2012 Robert Bruss Real Estate Book Award...
Denver - January 29, 2013 - (RealEstateRama) -- The National Association of Real Estate Editors (NAREE) has named the winners of the Fifth Annual Robert Bruss Real Estate Book Awards. The awards recognize excellence in books published in 2011 on the broad field of real estate
Expansion Moderates for Apartment Markets in January
WASHINGTON, D.C. - January 29, 2013 - (RealEstateRama) -- After a seven-quarter run, expansion moderated for apartment markets according to the National Multi Housing Council’s (NMHC) January Quarterly Survey of Apartment Market Conditions. For the first time since 2010, two of the four indexes – Market Tightness (45) and Sales Volume (49) – dipped below 50, though just barely. The two financing indexes show continued improvement for the 8th consecutive quarter, as the Equity Financing (56) and Debt Financing (57) Indexes remained above the breakeven level of 50.
Nevada Short Sales | Will Your Attorney Have Time To Answer Your Questions?
Las Vegas, NV - January 29, 2013 - (RealEstateRama) -- The decision regarding who to hire to short sale your home is an important one. You’ll need someone who is aggressive, knowledgeable and able to get the job done; however, you will also want some...
RETAIL BUILDING AND MCDONALDS GROUND LEASE PURCHASED FOR $2.6M
West Palm Beach, FL - November 21, 2011 - (RealEstateRama) -- CBRE is pleased to have facilitated the $2.6 million acquisition of 9835-9847 Okeechobee Boulevard on behalf of the buyer, Okeechobee 9847 LLC. The purchase includes a long-term ground lease...
Online Tool Makes It Easier for Landlords to Comply with Vermont’s Lead Law
WASHINGTON, D.C. - January 28, 2013 - (RealEstateRama) -- The Vermont Department of Health has developed a free online service that will make it easier for owners and managers of pre-1978 rental housing to comply with essential maintenance practices ma...
Help available for Bank of America homeowners in Charlotte, AG Cooper announces
WASHINGTON, D.C. - January 28, 2013 - (RealEstateRama) -- Raleigh: Homeowners whose mortgage loan is serviced by Bank of America can get free help tomorrow through Thursday at an event in Charlotte, Attorney General Roy Cooper said Monday.
IOWA FINANCE AUTHORITY AWARDS MORE THAN $100 MILLION TO BUILD, PRESERVE AND SUPPORT NEARLY...
Federal Housing Tax Credits and HOME funding support affordable housing all across Iowa DES MOINES – The Iowa Finance Authority (IFA) Board of Directors today announced awards of nearly $100 million to build or rehabilitate nearly 1,300 units of affo...
Vranas named Illinois REALTOR® of the Year for outstanding industry leadership, service
SPRINGFIELD, IL WASHINGTON, D.C. - January 28, 2013 - (RealEstateRama) -- REALTOR® John Vranas, owner of Vranas Ventures Inc., a property management company in Chicago, has been named the 2013 Illinois REALTOR® of the Year by the Illinois Association...
Gerald Perlow receives award for political leadership from Illinois Association of REALTORS®
SPRINGFIELD, IL - January 28, 2013 - (RealEstateRama) -- REALTOR® and appraiser Gerald N. Perlow, CPM, CRB, GRI, MAI, senior consultant with Property Valuation Services in the Chicago area, received the Illinois Association of REALTORS® Political Inv...
Commissioner Donelon Denies State Farm Homeowner Rate Increase
WASHINGTON, D.C. - January 28, 2013 - (RealEstateRama) -- Insurance Commissioner Jim Donelon announced today his decision to decline a recent rate request filed by State Farm Fire and Casualty Company (State Farm). State Farm submitted the request for ...