Archive for May, 2008

Watchdog loosens newspaper’s grip on city real estate market (Cooma-Monaro Express)

THE Wentworth Courier has lost its 15-year hold on real estate advertising in the eastern suburbs after the competition watchdog upheld complaints lodged by Fairfax Media that the rival publication’s deals were anti-competitive.
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Real Estate 101: Buying and Selling Tips (FOX 6 News Birmingham)

Whether you’re looking to buy a home or sell one, the process can be confusing. But to help ease the fear, a group of real estate experts held a seminar on Saturday to help sort out the decision making process, and offer financing options for potential buyers. FOX6 News reporter Tiffany Bittner explains some of [...]

Abyaar Real Estate set to list on DFM (Khaleej Times)

DUBAI — Middle East property developer, Abyaar Real Estate Development Company, yesterday confirmed that it intends to pursue a capital increase and secondary listing on the Dubai Financial Market (DFM).
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Top court overturns real-estate fee ruling (Montreal Gazette)

The Supreme Court of Canada has clamped down on a Quebec real-estate firm that charged its customers an annual “membership fee” regardless of whether the company sold their homes.
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A roundup of real-estate books (Seattle Times)

“Protect Yourself From Real Estate and Mortgage Fraud: Preserving the American Dream of Homeownership” by Ralph R. Roberts and Rachel Dollar…
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Do I really need to pay for a home inspection? Shouldn’t the real estate agent tell me about any problems? (Louisville Courier-Journal)

A: A home inspection can uncover issues neither the seller nor the agent is aware of. The Kentucky Real Estate Commission says a listing agent only knows as much about the property as the seller has disclosed and as much as he or she can see.
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Evaluating real estate market can be difficult (Albany Times Union)

Unique position of Columbia, Greene counties creates challenges in reporting vitality of sales Is the real estate market in Greene and Columbia counties stronger, weaker or the same as in the rest of the Capital Region?That isn’t an easy question to answer. Statistics from the New York State Association of Realtors Inc. [...]

Ajman’s real estate worth Dhs120bn (AME Info)

The value of the real estate sector in Ajman, the smallest emirate of the UAE, has risen to Dhs120bn ($33bn), reported Gulf News. Ajman Chamber of Commerce and Industry’s latest report shows that foreign direct investment has exceeded the other emirates by 300%. Foreigners now own 33% of development projects established in the city compared [...]

Major Players in Real Estate Title Industry Hit by Suits (Law.com)

Four major real estate title and escrow companies face class actions filed for a variety of business practices, including allegedly charging customers for services performed by other companies. The suits also allege that two of the companies are earning interest from pooling clients’ funds and steering customers to the companies’ own higher-cost subsidiaries for unnecessary [...]

Federal probe scrutinizing judges’ real estate dealings (Pittsburgh Post-Gazette)

Federal investigators are examining real estate transactions on Florida’s Gulf Coast involving two Allegheny County judges and a former Monroeville high school tennis champion who is accused by one of the judges of forging documents.
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