Real Estate & Mortgages

Video: European investments in Florida Real Estate on the rise

Wed, 02 Jul 2008 13:16:29 +0000

Buying an apartment or a House in the United States is no longer out of reach for foreigners. Attracted by a weak dollar and a wide offer, more and more Europeans are investing in Real Estate. Florida is one of their favorite destinations.

Video: Old Homes a Best Buy in Bismarck

Wed, 02 Jul 2008 07:18:00 +0000

The Bismarck Cathedral District is named as one of the best places in the Midwest to buy an Old Home. That's according to the This Old House website. The article talks about the 20 block area where there are 150 homes on the National Register. Homes in the area date back to the 1900's. Real Estate Agent, Paul Everson, says the Cathedral District deserves the recognition.. He says owners work hard to maintain their homes same look and feel as when they were origionally constructed. (Paul Everson / Alliance Real Estate) The reason the homes in the cathedral district are attractive and people want to live down here is because it's kind of the norman rockwell era. Porch in the front, garage in the back, about being in front yard, walking down street getting to know your neighbors. Quality built homes with a lot of character. Everson says because the homes are unique people like to stay in the homes longer than average. It's not often homes in the Cathedral District are for sale.

Video: Domain Dispute: Music Row

Tue, 01 Jul 2008 02:04:00 +0000

Houston developer wants to make room for new building; Country International Records owner says 'no'.

Video: Mortgage Fraud Charges

Fri, 27 Jun 2008 22:29:27 +0000

Video: Consumer Lawyer: Mortgage fraud

Fri, 27 Jun 2008 00:00:00 +0000

Video: Santa Fe mayor wants tax on expensive home sales

Thu, 26 Jun 2008 00:47:47 +0000

TONIGHT SANTA FE'S CITY COUNCIL IS EXPECTED TO VOTE ON WHAT'S BEING CALLED THE ROBIN HOOD TAX. IT'S A TAX ON HOMES THAT SELL FOR MORE THAN 650-GRAND -- THE MONEY WOULD GO TOWARD AFFORDABLE HOUSING IN A CITY KNOWN FOR ITS EXPENSIVE REAL ESTATE .. SANTA FE BUREAU CHIEF RAY SEVA TAKES A LOOK AT THE CONTROVERSIAL TAX. THE CITY OF SANTA FE WANTS TO IMPOSE A 1-PERCENT TAX ON THE AMOUNT THAT EXCEEDS 650- THOUSAND DOLLARS WHEN A HOME IS SOLD. SO ON A 750- THOUSAND DOLLAR SALE, 100-THOUSAND DOLLARS WOULD BE TAXED ...MEANING THE SELLER AND BUYER WOULD PAY A THOUSAND DOLLARS. THIS REVENUE WOULD CREATE A PROGRAM TO HELP LOWER-INCOME HOMEBUYERS WITH DOWNPAYMENTS--OR RENTERS PAY RENT. SUPPORTERS SAY THIS WOULD HELP KEEP CITY WORKERS HERE IN SANTA FE. 'I don't think it's unfair at all. I think on a 750- thousand dollar home that the people buying those homes would in most cases would be glad to pay this fee.' BUT REALTORS SAY IT'LL DRIVE UP ALREADY-HIGH HOME PRICES...AND DISCOURAGE A LARGE PART OF THE COMMUNITY FROM BUYING. 'It's an unfair tax because it clearly targets the middle-class. It's discriminatory.' IT'S AN ISSUE WHICH HAS ALSO DIVIDED MANY HERE IN THE PREDOMINANTLY- LIBERAL 'CITY DIFFERENT.''It is excessive. It's not fair. It's having one section of the community have to carry the burden.''I think it's a good idea-affordable housing. We need it. You know, not all of us can afford homes. So I think it's a good idea 'I generally am for taxing high-end income people But in this market right now I think it's a real bad choice of how to raise money.''Mayor Coss says he has the votes from city councilmembers for approval of the measure to be put on a ballot. It'll then go before voters in a special election in Augusst. At Santa Fe City Hall, Ray Seva Eyewitness News Four.' SUPPORTERS OF THE TAX SAY BETWEEN 500- THOUSAND TO A- MILLION-AND-A-HALF DOLLARS WOULD BE GENERATED ANNUALLY. OPPONENTS SAY GIVEN TODAY'S WEAK REAL-ESTATE MARKET, THOSE FIGURES ARE TOO

Video: Money Minute: Scotus Saves Exxon $2 Billion

Wed, 25 Jun 2008 21:13:43 +0000

Countrywide approves Bank of America deal, Tribune shops its iconic real estate, and Exxon gets a 'Supreme' reprieve. The AP's Mark Hamrick recaps Wednesday's business headlines. (June 25)

Video: Couples Swap Homes To Avoid Real Estate Hassles

Wed, 25 Jun 2008 09:56:06 +0000

Two couples swap houses and avoid the trouble of selling their homes.

Video: Pets Are Left Behind

Wed, 25 Jun 2008 00:04:00 +0000

Abandoned pets are on the rise due to home foreclosure crisis.

Video: Tax Troubles: Lawmakers Help Small Businesses

Tue, 24 Jun 2008 21:30:00 +0000

State lawmakers help some small businesses with their tax bills.