Sunday, April 3rd, 2011 at
11:42 am
Ever since its property bubble burst spectacularly in late 2008, Dubai has been struggling to revive its shattered image.
But those investors who bought at the peak of the real-estate boom in the trading hub of the UAE say they still have no idea where their hundreds of thousands of dollars have gone.
And no one, not even the real-estate regulator, seems willing to help.
Al Jazeera’s Dan Nolan has their story from Dubai.
Duration : 0:3:15
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Technorati Tags: Al, aljazeera, arab, dan, Dubai, east, emirate, Estate, investors, Jazeera, middle, middleeastnews, News, Nolan., Real, uae, United
Sunday, April 3rd, 2011 at
11:42 am
Alexander Towers Foreclosure Hollywood Beach 2/2 with Ocean Views just $170K, http://www.hollywoodbeachForeclosures.com
Duration : 0:5:31
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Technorati Tags: alexander towers, Foreclosures, hollywood beach real estate, realtor, susan weaver
Sunday, April 3rd, 2011 at
11:42 am
MoKnowsRealEstatehttp://gdata.youtube.com/feeds/api/users/moknowsrealestatePeopleNews, You, Can, Use, Distressed, PropertiesNews You Can Use Distressed Properties
Duration : 0:1:12
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Technorati Tags: Can, Distressed, News, properties, Use, You
Sunday, April 3rd, 2011 at
11:41 am
Government has rented out Abandoned Property at prime locations in Lahore to journalists at extremely low rates. The beneficiaries also include some big names of journalism. In this episode of Apna Gareban, Matiullah Jan exposes the names of these journalists and tries to talk to them, but unfortunately most of them refused to talk and give their side of the story. Guests: Syed Asif Hashmi (Chairman, Evacuee Trust Board), Haris Marghoob (Senior Journalist), Mujeeb-ur-Rahman Shami (Senior Journalist), Rizwan Razi (Senior Journalist), Tanvir Shahzad (Freelance Journalist).
Duration : 0:4:27
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Technorati Tags: Abandoned Property, Apna Gareban, Daily Express, Daily Jang, Daily Jinnah, Daily Khabrein, Evacuee Trust Board, Evacuee Trust Flats, Journalist, Khushnood Ali Khan, Lahore, Lawrence Road, Media, Pakistan, Zia Shahid
Friday, April 1st, 2011 at
1:57 pm
What happens in a Short Sale if the appraiser’s estimate is below the selling price? Is the deal cancelled? Can it be renegotiated?
Situation: Original selling price of house in 2006: $470,000. Mortgage to be paid off: $400,000. Selling price of house at current: $235,000. Value of house according to Zillow: $205,000. .
Well I certainly wouldn’t call Zillow an appraiser… it was over 100k off on my home’s value… and way off on my parents’ home as well. Zillow estimates… and sometimes it estimates way off the actual value.
If the appraisal is short, then it would mean the buyer either has to bring the difference to closing (not likely to happen), you have to pay the difference (not likely to happen), you and the buyer split the difference, you lower the sales price — which would mean the bank has to agree to the new price, or the deal falls through. Wait until the home is actually appraised though… don’t go by Zillow.
