Comedian Jon Stewart Buys Waterfront Home in NJ…Nice!
Comedy Central funnyman Jon Stewart has purchased a home in the city of Red Bank, NJ, in Monmouth County (about an hour south of New York City), for $3.8 million, according to redbankgreen.com. The good thing about Red Bank is that home values have realized a 12.4% increase, year-over-year, and presently Red Bank has a Zillow Home Value Index of $386K. Stewart’s home sounds like it could easily exist in Cape Cod or the Hamptons since redbankgreen.com describes it as a cedar-shake sided house with “… big, rambling, 1891 Victorian with turrets and wrap-around porches. ” It sits...
Read MoreActive Army, Navy, Marines, Air Force, Cost Gaurd & Reserves…Soldiers & Sailors Act Protects against Foreclosure
God Bless America! The Soldiers’ and Sailors’ Civil Relief Act of 1940 (SSCRA) was updated and amended in 2003 by President Bush. This Act was created to protect our Fellows in Arms during their “Active Service”. Many of our soldiers we’re non-active in the National Gaurd or Reserves. When called to duty, they leave jobs behind. T What does the SSCRA accomplish? read Below…We are featured in this article: LASplash.com: Home Military Family Homes Foreclosed? By Brian Standly (Los Angeles, CA) May 4, 2010 Men and women serving in the United States...
Read MoreShort Sale of DC's MBA Office Building…50% Loss For PNC
Irony at it’s best…… Back in February the Mortgage Bankers Association struck a deal to sell its headquarters building. But like many Americans with real estate that has plunged in value, the trade group is getting much less than it owes its lenders. The buyer….CoStar Group Inc., a provider of commercial real estate data, agreed to buy the MBA’s 10-story headquarters building in Washington, D.C., for $41.3 million. That is well below the $79 million the trade group agreed to pay for the glass-walled building in 2007, near the top of the property bubble, while it...
Read MoreCost of "Roughing It" = $46Million
Always wanted our own cabin… Colorado Ranch Sold for $46.5M — Highest Sale in U.S. This Year By: Diane Tuman, Zillow Content Manager | April 28, 2010 Share In what is speculated to be the highest price paid for residential real estate this year, the Wall Street Journal reports the 3,100-acre Bootjack Ranch in Pagosa Springs, CO was recently sold for $46.5 million — down $21.5 million from a recent list price of $68 million and down $41.5 million from its original list price of $88 million two years ago. The buyer is Dallas billionaire Kelcy Warren, listed as No. 289 on the...
Read MoreJesse & Sandra Split = New Beach Front Listing = Sunset Beach, CA = Just Shy of $6MM
Sandra Bullock and Jesse James Selling Their Sunset Beach, CA Home As anticipated, estranged Hollywood couple Sandra Bullock and Jesse James are selling their California beachfront home, but you won’t find it in the Multiple Listing Service (MLS) or any other site that displays publicly available listings. No open houses are planned and buyers must pre-qualify — all to make it more difficult for looky loos and paparazzi from snooping. The Bullock-James home is located in the Sunset Beach, CA, area. Listing price?...
Read MoreNAR Jeff Lischer Executive Talks About HAFA Short Sales
This is great news from the organization that represent Realtors nationwide. Listen to Jeff Lischer Top NAR Executive Talk Candidly About HAFA Short Sales
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Attention Agents: Learn how to Short Sell, Rent and Buy Back for your Listings.
