Old Lion Manor Cuts Off Its Price

April 27, 2010
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The Old Lion Manor, a Hidden Hills, California estate once owned by “The Exorcist” author William Peter Blatty hit the market last year at an immense price of $27.5 million.

The Old Lion Manor is a three acre playground that features a waterfall with a cave, statuary, a theater with seating for 28, a spa with a massage room, wine cellar with a tasting area and more. The facilities include a tennis court, volleyball court, equestrian ring and stables and a chessboard with life-size pieces. The Old Lion Manor even has a mechanical bull. The house has been rented out for parties (numerous photos of the pool stuffed with people can…

Maximize the Home Thermal Efficiency Through Smart Designs

April 27, 2010
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The household energy expenses can be compact by as much as 70% through careful execution of energy smart design principles that maximize thermal efficiency, leaving your home 5 °C warmer in winter and up to 10 °C cooler in summer. The consideration during the design stage for issues relating to wall construction, window placement and site orientation will gather massive benefit with little or no additional expense.

Some of the most efficient methods for achieving maximum energy reduction include:

* The incorporation of the use of heavyweight building materials in the construction to provide a thermal mass heat sink.

* Planning internal room placement and usage so the rooms used during the day…

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Filed Under: Green Building, Real Estate, Real Estate Investment

How to Qualify for a Mortgage

April 27, 2010
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The first step to take to be a potential home buyer is to get pre-qualified for a loan. This step helps both you and your lender gain knowledge of how much home you can afford and you should begin this process before you even start looking for a home.

According to the Federal Housing Administration (FHA), their pre-qualification requisites include:

1. Having a steady employment history, at least two years with the same employer.
2. Consistent or increasing income over the past two years.
3. Credit report should be in good standing with less than two thirty day late payments in the past two years.
4. Any bankruptcy on record must be at least two…

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Filed Under: Lenders, Mortgages, Real Estate, Real Estate Investment

Woman Sentenced for Being an Accomplice in Mortgage Fraud Case

April 6, 2010
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Augusta, Georgia – Latoya Dawkins was sentenced to imprisonment for 12 months and 1 day for making a false statement to a bank in a mortgage application. Dawkins was also ordered to pay $253,000 in restitution. Dawkins entered a guilty plea in July 2009 to one count of making a false statement to a federally insured bank in violation of Title 18, United States Code, Section 1014.

Dawkins permitted another person to use her name and social security number to make a mortgage loan application that was used to purchase a home that was later foreclosed.

Commenting on the defendant’s crime, United States District Judge J. Randal Hall remarked, “Mortgage fraud is…

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Filed Under: Lenders, Mortgages, Real Estate

Maximize the Value of your Apartment Investment

April 6, 2010
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One thing that is sure about apartment investing is that it gives any investor the ability to have a solid cash flow via multiplied profits. Using the concept of forced appreciation, investors can make low- to no- cost changes and receive huge returns. Here are a few key ideas to maximize the value of your apartment investment.

Raising Rents

Many apartments are not being rented at market value. In fact, what you will find is that many apartments (especially those managed by the owners themselves) are rented for 10% - 20% below market value to attract and keep tenants long term. This is a great strategy and one that is easily executed…

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Filed Under: Home Improvement, Real Estate, Real Estate Investment

Mel Gibson’s Lavender Hill on Sale for $14.5 Million

April 5, 2010
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The Director and Actor, Mel Gibson is selling another Malibu property.

In 2008 he sold off several Malibu properties but held onto his compound in the gated Serra Retreat community. Lavender Hill Farm is a hacienda-style retreat on 2.57 acres. The features of the grounds include fruit orchards, organic gardens, a tennis court, pool and three guest houses. The main house wanders over a 5,400 square feet of space and offers the owners privacy in a second floor master suite with a separate sitting room. The remodeled home has six bedrooms total.

The living and dining rooms have tiled floors and rough hewn beamed ceilings. Other details include a large country kitchen…

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Filed Under: Celebrity Real Estate, Expensive Real Estate, Real Estate

Get a Loft Conversion Estimate with Green in Mind

March 30, 2010
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Loft Conversions aren’t necessarily the first thing that spring to mind when you think of ‘going green’, but it’s possible to get a loft conversion estimate these days that takes the environment into consideration. Companies are becoming more and more aware of the importance of being environmentally friendly and this has spilled over into the building trade and in particular the work of loft conversion companies. Whether it’s decreasing the amount of distance that materials have to travel or using environmentally friendly products and methods, the loft conversion trade is going green in a big way.

This is reflected in loft conversions costs and many websites, such as Truss Loft’s, now offer…

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Filed Under: Green Building, Real Estate

Economic Climate Increase Need to Sell Property Fast

March 30, 2010
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The real estate market has taken a beating in the economic downturn and the necessity to sell property fast has increased massively as people have looked to cash in on their assets. This has been particularly prevalent with more expensive properties as the amount of funds available from such a deal can be huge for those that are struggling in the financial market.

The amount of people willing to buy such properties is much lower of course so companies which buy your house and rent it back have really come into their own. Create Quick Sale is one such company and they have helped a massive amount of people open up their…

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Filed Under: Expensive Real Estate, Real Estate

The Four Instant Tips to Avoid Foreclosure

March 5, 2010
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Countless problems and complications and most of them are financially-related was brought upon by the global recession. Mortgage foreclosure is just one of the primary problems faced by the homeowners nowadays and it is possibly the most damaging to the families as it could mean the whole family to end up living on the streets.

Nonetheless, there are still lifelines for those in this predicament of possibly losing their homes. Find out these tips here.

1. Utilize government help to stop foreclosure! In tandem with the current economic situation, President Obama and his cabinet has stepped up efforts to help those struggling with mortgage payments to deal with this situation effectively. Obama’s…

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Filed Under: Foreclosures, Lenders, Mortgages, Real Estate
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