Realty.com Blog
Foreign Buy Out
Posted November 6, 2009 by Matthew Denton
Non-Americans are taking advantage of extremely low property prices.
So how do real estate demand and supply forces work in a battered economy? It’s simple – try getting the folks out of the country to bring your existing supply to lower levels. In other words, let them buy America’s bargain properties.
In 2007, Canadians took advantage of the weak U.S. dollar and…
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Billionaire Roth Buys Madoff Mansion
Posted November 6, 2009 by Matthew Denton
…and a thousand other news sites.
The 1.2 acre, 3,000-sq.ft. beachside four-bedroom home of Bernie Madoff was recently bought by real estate CEO Steve Roth, former chairman of Vornado Realty Trust. He paid a…
The Truth about Prepayment Penalties
Posted November 6, 2009 by Matthew Denton
Why you’re paying more.
A friend of mine once asked why it cost her more than a thousand dollars to pay off her loan early. She wondered, “…Shouldn’t I be even given a discount…