Choosing the perfect area to live in LA

August 4, 2011 by admin · Leave a Comment 

We all know LA, city of angels, home to the stars, but we forget that many ordinary people live there too, and not all the homes there are intended for Hollywood’s finest. Los Angeles is a huge a sprawling city and it does have its lesser neighborhoods which are inhabited by those who work in and around the city, in everyday jobs as opposed to appearing on the silver screen for a living.

Whether you already live in this metropolis that feels like several cities have merged, or are looking to move from elsewhere, you need to take the time and do your research as to which neighborhood suits you and your needs best. The first thing you should do is visit potential neighborhoods at night as well as through the day. T Read full post…

Downgrade of US Credit Rating a Danger to REIT Dividends

July 27, 2011 by Matthew Bond · Leave a Comment 

- With SP warning there is 50-50 chance of a downgrade to the US Credit Rating, investors are looking for safe havens. Traditionally, high yielding REITs garner attention due to their reliable income. However recent reports warn that a downgrade to US government debt could have a sizeable impact on REIT earnings and their dividends. The Bedford Report examines the outlook for diversified REITs and provides equity research on American Capital Agency Corporation and Invesco Mortgage Capital, Inc. . Access to the full company reports can be found at:www.bedfordreport.com/AGNC

Several mortgage REITs are trading close to 52 week lows at the moment as analysts consider these companies at risk from the potential downgrade of US government debt.

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Extraco Mortgage Review

July 27, 2011 by Matthew Bond · Leave a Comment 

Extraco Banks has locations in Texas and offers financial services and mortgage lending including FHA, VA, and jumbo mortgage lending.

According to Office of the Comptroller of the Currency data, Extraco Banks originated almost $277 million in mortgage loans in 2009.

They are exempt from mortgage licensing just like all banks are.

Extraco Contact Information

Reviewed by The Mortgage Insider on July 28, 2011.

The Extraco mortgage website has features I dont see that often. It has an online application just as most mortgage websites do but as I was reading their website, an invitation for an online chat pops up.

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Americas Hotel Transaction Volume Up Approximately 180 Percent to $7.4 Billion in First-Half 2011

July 26, 2011 by Darcy Beg · Leave a Comment 

Jones Lang LaSalle Hotels today reported that the volume of hotel investment transactions that closed in the Americas market in the first six months of 2011 reached $7.4 billion—a robust increase of approximately 180 percent on the same prior-year period. The numbers represent preliminary totals from Jones Lang LaSalle Hotels’ Hotel Investment Highlights Americas report due to be released later this month. The firm’s research tracks hotel asset transactions in excess of $10 million, and excludes note sales, recapitalizations and foreclosures.

“Investors are aggressively re-entering the hotel market. Real es

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10 Ways Renovation Loans Can Help YOU Benefit from the Foreclosure Market

July 26, 2011 by Jack Collie · Leave a Comment 

No, No and No. FHA 203K along with it’s conventional renovation cousins; Fannie Mae HomePath and HomeStyle are leading a renaissance in today’s mortgage and real estate market. Buyers (and the smart Realtors) are learning and appreciating the huge value these renovation loan products are adding to our foreclosure driven real estate market.

How are they doing it? What’s the big deal?

You’ll see. Follow along with these 10 simple ways Renovation Loans can help you (and your neighbors TOO)  benefit from the foreclosure driven real estate market!

1.) Opening the Pool of Potential Homes

Are you an FHA buyer? No doubt

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