Calabasas, CA Home of Kourtney Kardashian is Listed for $795,000

June 29, 2010
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Do you want to be living with a sexy reality star? Or at least live in where she previously lived in? Check this one out, you might be interested.

The reality star, Kourtney Kardashian, has listed her three-bedroom house in Calabasas, California for $795,000.

Kardashian evidently expects to take a loss on the 2,245-square-foot house that she purchased in 2006 for $829,000.

Built in 1987, the house sits in the gated Creek side community in Calabasas and has three bathrooms, hardwood floors, granite counters, stainless steel appliances, custom window treatments, a refrigerated wine closet, a marble bath, a fireplace, skylights, vaulted ceilings, a third bedroom that currently is used as a built-in study…

Design Your Office Space the Coolest Way Possible

June 29, 2010
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It is always said that the environment affects the work habits and the people in it. Having your office space designed the cool way will surely attract more people to work lightly. A dull environment working place will definitely affect your worker’s mood. Find some tips below to design your cool office.

The most important aspect is to make your office space looks spacious.

Make sure the pathway in your office has no obstacle and is clear. Make sure all the furniture and stuffs are well arranged at an appropriate location. The workstations are recommended not to be too near to each other as this will create a stuffy environment in the…

Know the Benefits of Homeownership

June 29, 2010
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Homeownership has many benefits that come with it.

The most obvious benefit is building wealth. The U.S. Department of Housing and Urban Development (HUD) notes that “home equity is the largest single source of household wealth for most Americans.”

Home equity is the difference between the home’s fair market value and the outstanding balance of all liens on the property. Let us not forget about appreciation. Whilst there is no set year-to-year rate that is considered normal, reports indicate that you can expect around a 6.5 percent average value increase in your home each year.

Other wealth builders to consider are tax breaks and tax credits, such as the deductibility of property taxes…

Nearly 17 Years of Imprisonment for a Fraudster

June 21, 2010
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Haiti – Mario G. Bernadel was sentenced to nearly 17 years in prison for his conviction on multiple counts for leading a mortgage fraud scheme in Phoenix, Arizona that cost banks over $9 million.

In September 2009, Bernadel was found guilty by a jury on 19 counts related to mortgage fraud that includes mail, wire, bank fraud, and transactional money laundering. Bernadel led a two-year conspiracy involving the purchase of 37 properties using fraudulent loan documents and receiving cash back at closing.

Seven co-conspirators were also charged and have pleaded guilty for their involvement in the conspiracy and many will be sentenced in the next few months.

The case in opposition to Bernadel…

One Winner of Two Houses

June 21, 2010
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Last month, an auction in the Strand at Headlands development of Dana Point, California was publicized. Now, Concierge Auctions is putting two more houses up for auction on April 17 at the properties. However, this auction has a twist. The homes, previously offered to $15 million, are selling bidder’s choice with a reserve of $6.9 million and a pre-sale estimate of $8 million to $11 million. The high bidder will choose one of the available houses.

The 7 and 9 White Water Lane have ocean views and has the finest amenities and finishes. 7 White Water Lane was designed by architect CJ Light and interior designer Carol McMahon and has an…

Get Your Home Loans Approved

June 21, 2010
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Nowadays, the economy tries to rebound from a four year slump, but the housing market has never been better.

Through low interest rates, foreclosures at an all time high and property values a fraction of what they were a few years ago, the real estate market has never been better to buy into than it is now. There is also government assistance to help you pay for your down payment or tax exemptions, there is no reason you should avoid taking advantage of this great situation.

Years ago the economy and especially the housing market got into trouble because no one was thinking carefully.

Banks were so eager to get as many mortgages…

Fred Durst’s House in Los Angeles’ Bel-Air Area Rolls Back to the Market for $6.45 Million

June 8, 2010
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The 6,624-square-foot house in Los Angeles’ Bel-Air neighborhood that the rocker Fred Durst once owned has rolled back on the market for $6.45 million.

The house is at 461 Bellagio Terrace in Bel-Air. Durst owned the four-bedroom house from the time he purchased it in the summer of 2001 through his Dally Boy Trust for $3,475,000 until selling it in 2002 for $3,700,000.

The once Durst owned house was built in 1971 (which is being listed by the fellow who bought it from Fred). It has four and a half baths, a cook’s kitchen, state-of-the-art lighting and stereo systems, an outdoor bar, and pocket doors leading from most rooms to the interior…

Free Foreclosure Listings Gets You Started

June 8, 2010
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The current economic struggles have been tricky for many homeowners; the last few years have also created a unique opportunity for real estate investors, first time home buyers and anyone shopping for their next house.

The mortgage companies have an escalating number of homes that have been foreclosed upon and they are entirely willing to make a fast deal and clean up their portfolio. Free foreclosure listings can help a home buyer literally save thousands and thousands of dollars, but only if a person is aware of the following key points.

A lot of the free foreclosure listings are constantly being updated because the homes available are always changing. A house that…

Home Sales ‘Setback’ Could Hurt Overall Economic Recovery – Fannie Mae

June 8, 2010
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The largest provider of U.S. residential funding, Fannie Mae, cut its forecast for residential investment this quarter following a “setback” in home sales and cautioned on its impact on the economic recovery.

With reference to its monthly outlook, Fannie Mae also cut its forecast for 2010 mortgage originations for a second month. Residential investment is likely to drop 17.2 percent in the first quarter and rebound for the rest of 2010, Fannie Mae economists, led by Doug Duncan, said in their outlook.

For all of 2010, residential investment will grow 10 percent, slightly below the previous forecast, they said. Severe weather interrupted activity in the first two months of 2010, while the…