Archive for the ‘News’ Category

Home Owners Recoup More with Exterior Replacement Projects, REALTORS® Report

Tuesday, December 21st, 2010

As part of the 2010-11 Remodeling Cost vs. Value Report, REALTORS® recently rated exterior replacement projects among the most cost-effective home improvement projects, demonstrating that curb appeal remains one of the most important aspects of a home at resale time.

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Homebuyer Tax Relief passed on last day of 2010 Session

Thursday, December 9th, 2010

MAR-supported legislation to allow foreclosed properties to retain their principal residence exemption for a period of up to 3 years has passed both the House and Senate, and is expected to be signed by the Governor in the coming days.

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REALTORS® Help Consumers Understand the Value of Green

Tuesday, November 9th, 2010

In today’s economy, consumers are looking for cost savings, and toward this end, REALTORS® are helping home buyers recognize the value of green properties for both themselves and their communities. Author and home-building coach Sara Lamia explained why going green is worth the green at the “Green Labels Sell Homes” forum today at the 2010 REALTORS® Conference & Expo.

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Watch Out for Cyber Crime

Wednesday, November 3rd, 2010
Small businesses are increasingly the targets of sophisticated scam artists who take over bank accounts. By Robert Freedman | October 2010

All Bethany Moore did was open an e-mail that appeared to be from UPS and click on an attachment about a supposed lost package. Now she’s fighting to save her small escrow company in Southern California from financial ruin.

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Existing-Home Sales Post Strong Gain

Thursday, October 28th, 2010

Existing-home sales rose again in September, affirming that a sales recovery has begun, Sales jumped 10 percent to a seasonally adjusted annual rate of 4.53 million in September from a downwardly revised 4.12 million in August. of Yun’s press conference from earlier this week.NAR says, Watch and link to a video

Fannie Mae and Freddie Mac Unveil New Appraisal Independence Standards

Tuesday, October 26th, 2010

On October 15, 2010, the government sponsored enterprises (GSEs), Fannie Mae and Freddie Mac, announced appraisal independence requirements to replace the Home Valuation Code of Conduct. The new requirements offer no significant changes to the core principles of HVCC. (more…)

NAR Hails Bill to Hasten Lender Response to Short Sale Requests

Tuesday, October 26th, 2010

Homeowners who are underwater with their mortgage may find that relief is on the way from a bill strongly supported by the National Association of Realtors® that would impose a deadline on lenders to respond to short-sale requests. (more…)

Homeownership is a Fundamental Part of the American Dream

Wednesday, October 20th, 2010

Many of you have expressed alarm about the swirl of negative stories around homeownership. Barbara Kiviat at Time magazine tells us that “homeownership has let us down.”

Robert J. Samuelson, the Washington Post and Newsweek columnist, says, “The relentless promotion of homeownership as the embodiment of the American dream has outlived its usefulness.” (more…)

How to Hold a Successful Garage Sale

Monday, September 27th, 2010

Garage sales can be a great way to get rid of clutter — and earn a little extra cash — before you sell your home. But make sure the timing is right. Garage sales can take on a life of their own, and it might not be the best use of your energy right before putting your home on the market. Follow these tips for a successful sale. (more…)

Real Estate Continuing Education Class

Friday, September 24th, 2010

Friday, November 12th, Mayfield township Hall, 1900 North Saginaw, Lapeer.  Registrations begins at 8:00 a.m., Class begins promptly at 8:30 a.m. Instructor: Peter Banwell, Cost $40.00 for LUTAR Members, $45.00 for non-members and $50.00 for walk-ins.  Includes a Continental Breakfast & Lunch.  This course meets the 2 hour law requirement,  Call LUTAR  810-664-02721 for details or go to www.lutar.org and fill out the form. 

This will complete your 6 hour requirement for 2010.