Vulture investors: They’re back – and making a bundle
By Les Christie, staff writerAugust 5, 2010
NEW YORK (CNNMoney.com) — These are the glory days of the residential real estate investor. Low prices, rock-bottom interest rates and stable rental markets have created huge buying opportunities.
“It’s awesome right now. I don’t think we’ll ever see another time like this,” said Tanya Marchiol of Team Investments, which has operations in about 10 states but focuses mostly on the Phoenix market. Read more »
National average for a 30-year fixed loan is at 4.49 percent
By ALAN ZIBEL
Associated Press
Mortgage rates dropped to the lowest level on record for the sixth time in seven weeks, offering the most attractive opportunity in decades for those who qualify to refinance or purchase a home. Read more »
The Artisan Group is a strategic alliance of locally-owned, high image real estate companies who have joined forces to create a greater level of service for our clients. We offer individualized local service through an expanded network of professional, meticulously managed real estate brokerages. Our dedication to building relationships in the local and extended communities is a time-proven asset to our clients. Through our alliances, we are able to provide top-quality service in an expanded market area.
No matter where you decide to buy or sell, we connect you with an agent from a company that offers you the personalized service you expect. The Artisan Group agents know the neighborhoods, schools, shopping, zoning, and commuting conditions that are relevant to buying a home in any community of the greater San Francisco Bay Area and Lake Tahoe region.
Here are a few of the Luxury Listings with the Artisan Group:
I was in this home this week, and every once in a while I go into a home that is just Perfect. It happens once or twice a year at most.
I’m posting this because you may possibly know someone looking for something up here in the Wine Country.
This is in Healdsburg, two blocks off the Plaza, so a perfect walking distance to cafes and wine tasting, yet when you walk into the courtyard and enter the house you are suddenly in a “Rat Pack” scene.
I also think it’s a bit overpriced, so I would make a run at it for less.
If you know anyone who’s looking, send them a link to this post.
Distributed today by the California Association of Realtors:
During the height of the real estate market, most borrowers who applied for a mortgage received one. However, in today’s lending environment, consumers should be more cautious about where they apply for a loan and from which Web sites they receive quotes.
Borrowers should be cautious about sites that request a Social Security number and address upfront. The site may pull the consumer’s credit report, which could have a negative impact on their FICO score should they not apply for the mortgage.
It’s also important that consumers ensure that all fees are clearly disclosed on a site’s rate quote. Otherwise they may be surprised when receiving the paperwork from the lender.
Borrowers who are unsure of which type of mortgage is best for them and their situation should contact a mortgage broker. Those in the market for a jumbo loan or financing an investment property may best be served by working with an experienced broker.
Market Conditions, News, Real Estate | admin August 6, 2010 | 
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