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Is Dana Jensen of Realty Connect Legit?
Consumer Protection Fraud Alert Some unscrupulous dishonest real estate brokers have copied Daniel Biro’s innovative Referral Agent business model, and even egregiously plagiarized copyrighted content directly from the RealtyPRO Network website (About Us) and his social media posts, and are falsely claiming the model and content/copy as their own. ChatGPT and other AI’s are […]
Arkansas closing costs
mortgage Mortgage » Closing Costs » United States » Loan amount: $200,000 Arkansas closing costs Average origination fees charged by lenders $1,057 Average third-party fees $760 Average origination plus third-party fees $1,817 Itemized fee averagesBelow are listed the averages for fees. Added up, they do not equal the averages listed above. That’s because each lender […]
GIC Purchases Majority Interest in 178 Manufactured Home Communities
Yes! Communities, one of the nation’s largest owners and operators of manufactured home communities, has sold an approximately 71% equity interest in its combined businesses to two global institutional investors, including affiliates of GIC, the sovereign wealth fund of Singapore. Based in Denver, Yes!’s manufactured home community businesses include 178 communities across 17 states, with […]
‘Space Needle 2’ Part of $1.2 Billion Plan to Redevelop San Diego’s Seaport Village
Updated: Futuristic Spire Would Anchor Proposed Project on 70 Acres of Downtown San Diego Waterfront San Diego Unified Port District commissioners have voted to support a proposal for the long-awaited $1.2 billion redevelopment of 70 acres in San Diego’s Seaport Village and Central Embarcadero area into Seaport San Diego, a new multi-use center with hotels, […]
Expect more company acquistions in real estate
Duane LeGate Commissions, Inc. CEO Duane LeGate is a humble guy, but a rich one. According to my sources, the sale of of his company to Fidelity Financial went for somewhere in the $250 million range, a hefty price tag for a real estate software company that is only five years old. LeGate’s stake was […]
Global Net Lease to Acquire Sister REIT American Realty Capital Global Trust II
Transaction to Create a Global Net Lease REIT with Enterprise Value of $3.3 Billion AR Global, a New York-based asset manager and sponsor of nine independent non-traded REITs, is set to see two of its REITs merge. Global Net Lease Inc. agreed to acquire all of the outstanding common stock of American Realty Capital Global […]
Mortgage Performance: There is a Comeback of Occupancy Fraud In Reverse
A new twist in mortgage fraud trend Traditional occupancy fraud occurs when mortgage applicants deliberately misrepresent their intended use of a property, typically for more attractive financing terms. Investment properties may have lower maximum loan amounts, higher interest rates and higher fees. These differences may motivate a borrower to falsely claim an investment property will […]
Property Valuation: Effective Age Versus Actual Age
An Important Appraisal Question Have you ever thought about how the components of your home contribute to the age of your home? The roof, siding, trim and windows, how long do they all last? How about the furnace and water heater? While electrical and plumbing fixtures, carpet, vinyl, flooring materials, counter tops and other interior […]
NAR Identifies Top Markets Where Renters Can Afford to Buy
WASHINGTON (August 4, 2016) — The U.S. homeownership rate has slowly fallen in recent years to currently its lowest level since 19651, but new research from the National Association of Realtors® reveals that there are affordable metro areas right now with above-average hiring and a large segment of current renters who earn enough income to […]
