Monthly Archives: June 2010

IDX Broker software brings easy and efficiency to online home search on Judy Hardy’s...

EUGENE, OR - June 7, 2010 - (RealEstateRama) -- IDX, Inc. is proud to welcome Judy Hardy of LoveThoseMountains Realty to the team of real estate professionals choosing to update their real estate website with IDX Broker software. The Internet Data Exchange (IDX) technology pulls raw listing data from the Northeast Georgia MLS (NEGMLS) and displays it directly on Hardy's website, giving her the most comprehensive listings in the area. Her website now boasts a user-friendly and thorough database of listings to meet every potential buyers' needs.

Mitchell Attends Dedication Ceremony of Homeless Veteran Transitional Housing

PHOENIX, AZ - June 7, 2010 - (RealEstateRama) -- U.S. Rep. Harry E. Mitchell today attended the dedication ceremony of Madison Street Veterans Association's (MSVA) new transitional housing community, which will help homeless veterans transition from the streets back into family and community living. The center will be run by homeless and formerly homeless veterans. MSVA is an independent organization of homeless veterans and formerly homeless veterans within the Lodestar Day Resource Center, which assists homeless individuals find transitional and permanent housing, as well as job training and placement

Truth in Taxation Notice: Total Rate Unchanged, Property Tax Levy Will Decrease

Phoenix, AZ - June 7, 2010 - (RealEstateRama) -- The city of Phoenix is publishing a Truth in Taxation notice which is required by Arizona Revised Statutes. As the state law requires, the notice only addresses the primary portion of the city’s property tax levy. However, the city’s total property tax rate remains unchanged

Rep. Matsui Announces $650,000 in Federal Funding to Help House Homeless Veterans in Sacramento

SACRAMENTO, CA - June 7, 2010 - (RealEstateRama) -- Congresswoman Doris O. Matsui (D-Sacramento) today announced that Sacramento County will receive $650,637 this year from the Department of Housing and Urban Development’s (HUD) Veterans Affairs Supportive Housing (VASH) Program. This amount represents a 14-percent increase over last year’s funding for the VASH Program, which makes vouchers available for Sacramento-area displaced veterans and their families. Funds will be available through the Sacramento Housing and Redevelopment Agency (SHRA).

Congresswoman Laura Richardson Announces $881,808 Grant for Long Beach Housing Authority to Provide Housing...

WASHINGTON, DC - June 7, 2010 - (RealEstateRama) -- Congresswoman Laura Richardson announced a grant of $881,808 from the U.S. Department of Housing and Urban Development (HUD) and Veterans Affairs Supportive Housing (VASH) has been awarded to the Long Beach Housing Authority to assist homeless U.S. veterans returning from the wars in Iraq and Afghanistan.

Senator Rogers’ Property Tax Overhaul Signed into Georgia Law

ATLANTA, GA - June 7, 2010 - (RealEstateRama) -- Senate Majority Leader Chip Rogers’ (R-Woodstock) much anticipated Property Tax Assessment and Appeals Reform Bill (SB346) was signed into law today by Gov. Sonny Perdue. The bill is aimed at ensuring all Georgia properties are properly assessed at Fair Market Value and that property owners have guaranteed rights to appeal

IHFA launches low down payment financing that makes homeownership attainable

BOISE, ID - June 7, 2010 - (RealEstateRama) -- Idaho Housing and Finance Association (IHFA) continues to make homeownership a real possibility for Idahoans with the launch of a new product for creditworthy homebuyers through its IdaMortgage program. The new Affordable Advantage Loan offers a down payment as low as $1,000, and has no mortgage insurance requirement, saving qualified borrowers money on their mortgage payment every month.

Smoking is leading factor in home fires where oxygen therapy equipment is in use...

CHICAGO, IL - June 7, 2010 - (RealEstateRama) -- Consumers prescribed home-based oxygen therapy are urged to exercise extreme caution especially when operating the equipment near possible ignition sources, such as stoves, ovens, smoking materials and candles, the Office of the Illinois State Fire Marshal (OSFM) warns.

Home-grown food sessions at Salamonie Reservoir in July

June 7, 2010 - (RealEstateRama) -- Food preservation classes to teach gardeners how to use the foods they grow will be offered at the Salamonie interpretive center, July 22, 27, and 29.Class I teaches canning basics, class II features freezing tips. In class III, participants can try preserving jams, jellies and fruit. Each class runs from 6 to 9 p.m. and costs $10 per person.

Free Foreclosure Prevention Clinics to be Held

June 7, 2010 - (RealEstateRama) -- The Maine Housing Counseling Network with assistance and support from the Bureau of Consumer Credit Protection, US Department of Housing and Urban Development and MaineHousing will host free Foreclosure Prevention Clinics in Augusta, Portland, Sanford, and Bangor.

Housing Association of Nonprofit Developers Names County’s Foreclosure Efforts Best Government Initiative

June 7, 2010 - (RealEstateRama) -- Montgomery County’s comprehensive approach to prevent foreclosures today received the Best Government Initiative Award by the Housing Association of Nonprofit Developers (HAND). The award was presented at HAND’s 19th Annual Meeting and Awards Luncheon, held in McLean, Virginia.

ICBA Offers Tips for Homebuyers

Washington, D.C. - June 7, 2010 - (RealEstateRama) -- June is National Homeownership Month, and the Independent Community Bankers of America (ICBA) and the nation’s nearly 8,000 community banks continue to help Americans in communities throughout the country become, and remain, homeowners each year through the personal attention that only a local community bank can provide.

SL Green Realty Corp. To Present At The Nareit Reit Week 2010 Investor Forum...

New York, NY- June 7, 2010 - (RealEstateRama) -- SL Green Realty Corp. (NYSE: SLG) today announced that senior management will make a presentation at the NAREIT REIT Week 2010 Investor Forum on Wednesday, June 9, 2010 at 9:15 a.m. EDT (8:15 a.m. CDT).

Saugus Real Estate Company Sued by AG Coakley for Posting Discriminatory Housing Advertisements on...

BOSTON, MA - June 7, 2010 - (RealEstateRama) -- Saugus based Eastern Property Management Group, Inc. (“Eastern Property”) is being sued by Attorney General Martha Coakley for allegedly posting discriminatory rental advertisements on the popular classified advertising website Craigslist.org (“Craigslist”). This latest filing stems from the Attorney General’s ongoing statewide investigation into reports of widespread discriminatory Internet advertising in housing. The Attorney General’s Office is seeking an order prohibiting Eastern Property from engaging in housing discrimination, requiring fair housing training for its employees, compensatory and punitive damages, civil penalties, and attorney’s fees and costs.

Growing energy consumption by plug-in devices in Minnesota homes

ST. PAUL, MN - June 7, 2010 - (RealEstateRama) -- Saving money on energy may be easier than Minnesotans think. A new study commissioned by the Minnesota Department of Commerce's Office of Energy Security (OES) found that five minutes spent changing a simple computer setting could save the average Minnesota family $120 per year on its electricity bill. The savings can be achieved simply by putting a computer to sleep when inactive.

Statement from NLIHC President Sheila Crowley on HUD Approved Settlement reached between Advocates and...

June 7, 2010 - (RealEstateRama) -- The National Low Income Housing Coalition (NLIHC) joins Texas housing advocates in applauding the U.S. Department of Housing and Urban Development’s approval of a settlement between Texas advocates and the state of Texas that will assure that federal disaster recovery funds expended in Texas will protect and benefit people with low incomes, African Americans and Latinos as well as elder and disabled populations.

U.S. Trustee Program Announces Resolution of Litigation Against Countrywide Home Loans Inc., in Consumer...

WASHINGTON, DC - June 7, 2010 - (RealEstateRama) -- The U.S. Trustee Program (USTP) has successfully resolved litigation against Countrywide Home Loans Inc. in its ongoing efforts to protect homeowners in bankruptcy, Clifford J. White III, Director of the Executive Office for U.S. Trustees, announced today.

FEMA Teams Offer Home Repair Advice At Local Stores

WALLINGFORD, CT - June 7, 2010 - (RealEstateRama) -- Over the next three weeks, teams of hazard mitigation specialists with the Federal Emergency Management Agency (FEMA) will be available at six home improvement stores in Connecticut to provide information and answer residents’ questions about protecting their homes from future disaster damage.

HUD ADDS IMPORTANT CIVIL RIGHTS PROTECTIONS TO ITS GRANT PROGRAMS

WASHINGTON, DC - June 7, 2010 - (RealEstateRama) -- For the first time in its history, the U.S. Department of Housing and Urban Development (HUD) will require grant applicants seeking HUD funding to comply with state and local anti-discrimination laws that protect lesbian, gay, bi-sexual, and transgender (LGBT) individuals. Today, HUD published a notice detailing the general requirements that will apply to all of the Department’s competitively awarded grant programs for Fiscal Year 2010.

Countrywide Will Pay $108 Million for Overcharging Struggling Homeowners; Loan Servicer Inflated Fees, Mishandled...

June 7, 2010 - (RealEstateRama) -- Two Countrywide mortgage servicing companies will pay $108 million to settle Federal Trade Commission charges that they collected excessive fees from cash-strapped borrowers who were struggling to keep their homes. The $108 million represents one of the largest judgments imposed in an FTC case, and the largest mortgage servicing case. It will be used to reimburse overcharged homeowners whose loans were serviced by Countrywide before it was acquired by Bank of America in July 2008.

Freddie Mac Announces New Offering of Guaranteed Structured Pass-Through K Certificates

McLean, VA - June 7, 2010 - (RealEstateRama) -- Freddie Mac (NYSE: FRE) today announced a new offering of Structured Pass-Through Certificates (“K Certificates”), multifamily mortgage-backed securities that help provide liquidity, stability and affordability to the nation’s multifamily housing market. The company expects to offer approximately $1 billion in K Certificates (“K-007 Certificates”), which are expected to price on or about June 11, 2010, and settle on or about June 24, 2010.

Richard Peterson is a Founding Realtor of Prudential Georgia Realty’s NewBuckhead Location in...

Atlanta, GA - June 7, 2010 - (RealEstateRama) -- Atlanta real estate professional RichardPeterson is one of the first Realtors to joins Prudential Georgia Realty’s newBuckhead location. The office is located at 3221 Peachtree Road, just south of the Peachtree and Piedmont Road intersection

Steady Sales at The Willows Defy Challenging Market Conditions

Wallingford, CT - June 7, 2010 - (RealEstateRama) -- Thanks to robust sales of single family homes at The Willows and despite tough economic conditions, VW Homes has announced the opening of Phase 3, the final phase of construction at this community. This announcement comes months ahead of schedule. The final twenty-two homes are slated to be completed by the spring of 2011

Registration Now Open for the 2010 Kansas Housing Conference

Topeka, KS - June 7, 2010 - (RealEstateRama) -- Kansas’ largest annual affordable housing event keeps growing bigger and better! This year the 2010 Kansas Housing Conference offers a total of 28 educational breakout sessions, specialized community development and property management trainings, housing tours and networking receptions. Topeka, KS - June 7, 2010 - (RealEstateRama) -- Kansas’ largest annual affordable housing event keeps growing bigger and better! This year the 2010 Kansas Housing Conference offers a total of 28 educational breakout sessions, specialized community development and property management trainings, housing tours and networking receptions. Presented in partnership by the Federal Reserve Bank of Kansas City, Kansas Housing Resources Corporation and NeighborWorks America, the 5th annual, three-day event starts Wednesday, Sept. 8th at the Capitol Plaza Hotel and Convention Center located at 1717 SW Topeka Boulevard in Topeka.

Richard Ballen, known as the Wizard of Las Vegas Short Sales, offers an outlined...

Las Vegas, NV - June 7, 2010 - (RealEstateRama) -- First order of business in the short sale process is the Short sale Package Submission – All banks are different. Certain banks want the entire shorts ale package up front, while others won’t look at anything until there is an offer. We will submit all information including the authorization to speak on your behalf, the listing contract, and the package when the bank will allow the submission. Proof of all faxes or emails to the bank will be uploaded into the RELAY software for your viewing

Connecticut Real Estate Investors Association (CTREIA) Announces Meeting With Dave Lindahl On June 14,...

West Hartford, CT - June 7, 2010 - (RealEstateRama) -- The Connecticut Real Estate Investors Association, or CT REIA, in association with Dave Lindahl, is announcing the CT REIA June 2010 monthly Connecticut real estate investors meeting. This event will take place on Monday, June 14, from 5:30pm to 9:00pm, at the Crowne Plaza Hotel on 100 Berlin Road in Cromwell, CT. This event is free for CT REIA members, and $30 for non-members

Low Consumer Confidence in Housing Market

Destin, FL - June 7, 2010 - (RealEstateRama) -- Consumer confidence in the housing market remains incredibly low, according to a new opinion poll conducted by Housing Predictor. The study shows little improvement in the way people think and feel about markets nearly three years after the housing market crashed

Kucinich Finds Solution to Foreclosure Counseling Funding Problem

Washington, DC - June 4, 2010 - (RealEstateRama) -- Congressman Dennis Kucinich (D-OH) today found a solution to problems regarding funding home foreclosure prevention counseling efforts.

NYCEDC Seeks Developer for Bathgate Site in the Bronx

New York NY - June 2, 2010 - (RealEstateRama) -- New York City Economic Development Corporation (NYCEDC) today issued a Request for Proposals (RFP) for the purchase and development of an approximately 109,000-square-foot vacant industrial property located in the Bathgate section of the Bronx.

Woodbridge Man Sentenced 46 Months for Mortgage Fraud

ALEXANDRIA, VA - June 4, 2010 - (RealEstateRama) -- Ahmad Z. Abbasi, 36, of Woodbridge, Va., was sentenced today to 46 months in prison, followed by three years of supervised release, and ordered to pay $1,637,412 in restitution.

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Mayor London Breed Celebrates Groundbreaking of New Affordable Housing in the...

Mayor London N. Breed today joined community leaders to celebrate the groundbreaking of future affordable housing at 1950 Mission Street. Once completed, the project will offer 155 affordable apartments for families