Victory was recently declared in a federal campaign to keep banks out of real estate. The "banks-in-real-estate" ban is now part of the 2009 Omnibus Appropriations bill, the one president Barack Obama signed.
With this legislation, it is evident that the real estate is not a financial activity. It is a property activity. The other side of this coin is that financing real estate is a financial activity.
According to the National Association of Realtors (NAR), a press release issued by ForSaleByOwner.com contained "inaccuracies and misleading statements" about their ability to advertise listings worldwide. NAR made it clear that ForSaleBy Owner.com does not enable home sellers to advertise their home through NAR nor Realtor.com without broker representation. That’s us! To sell your home, go to Poinciana’s honest broker. Go to PoincianaHome.net.
If you like to get a lot of punch from your reading, are a homeowner or if you plan to be soon, you must check-out the "Are you having problems paying your mortgage?" Originally published in 2007, it was written to anyone with a vested interest in residential real estate.
A joint effort of the Center for Responsible Lending NeighborWorks® America, the National Association of Realtors®, and The Voice for Real Estate, this publication, about five pages, is long for a brochure but well worth the read. Basically it's "Watch Out" list against predatory lenders and is an excellent checklist for today's buyer looking to avoid their own credit crisis.
Want to find out more if moving to Florida is a good move for you? Ready to find out the real story on Florida's housing market?
A 56-page report released by Florida Association of Realtors has some answers. Researched by their parent, the National Association of Realtors, the report, "Effect of Policy Changes on Homeownership - Focus: Florida," provides an overview of housing's impact, both nationally and in Florida. It also analyzes possible changes the Florida Legislature could consider. It covers issues such as transfer taxes, business receipt taxes, property taxes and general housing taxes.
When Lakeland newspaper, The Reporter, needed a local expert to help them understand the extent of the housing crisis in Poinciana, they didn't have to google "Poinciana Home." They already knew they could turn to Poinciana's expert, Darhlene Zeanwick. Darhlene relayed statistics from the multiple listing service, the Osceola County Association of Realtors, and information only a local expert could know. To read the article, see The Reporter. The Reporter is a news media business covers news in Central Florida's "four corners" area, which includes Orange, Lake, Osceola, and Polk counties.
