RAMB

DEERFIELD BEACH, Fla. – March 9, 2010 – Michael Keigans is “underwater” on his mortgage, owing $80,000 more than his Deerfield Beach house is worth.

Keigans figures it could take a decade or two to recover the lost equity, so he’s tempted to walk away, even though he has the money to pay. “Why keep putting money into a house that’s going down in value?” he asks.

It’s a question being debated in many households nationwide as the housing crunch continues.

TAMPA, Fla. – March 9, 2010 – Kim and Al Langevin were ecstatic Friday to close on a new home in St. Petersburg. And they’re pretty excited, too, about thousands in government money they plan to use to spruce up the house.

The Langevins are among a growing number of buyers rushing to find a home in time to cash in on the federal government’s tax-credit program. The couple, who moved from Lakeland, is eligible for up to $6,500.

They plan to put the money toward a swimming pool.

“We were worried we wouldn’t be able to close on time,” said Kim Langevin.

RISMEDIA, - By Peyman Aleagha - Realtors know that today’s real estate prospects and consumers are using the Internet in ways that are revolutionizing the industry. By the time a prospect or customer contacts a Realtor, they have been looking at real estate on the Web anywhere from 10 to 40 hours. And so today, savvy Realtors are getting ahead of the information curve-using the power of the Internet to attract qualified prospects to them.

Getting Started

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Perhaps the most remarkable thing about online networking is the wide range of reactions it stirs up. Some real estate professionals swear by it. Others say it's a diversion at best—and an utter waste of time at worst. 

| March 2010

Just as home owners embrace the annual rite of spring cleaning, you too can harness the season of renewal to get on track for success this spring and beyond. 

ELK GROVE VILLAGE, Ill. (AP) – March 8, 2010 – In March 2009, Frank Mumenthal toured his Elk Grove Village home after adding a fresh coat of neutral-colored paint, new carpeting and other changes. He was ready to sell.

Since 1976, this had been where he raised two daughters and a son, now grown and living in Schaumburg, Lombard and Grayslake. The children and grandchildren have played in these rooms.

In the master bedroom, he took care of his wife until she died from ovarian and breast cancer. In the kitchen, he saw the cabinets he installed.

POMPONO BEACH, Fla. – March 8, 2010 – In many condominium complexes, units sit empty and association fees go uncollected when homeowners abandon their property. In many cases, banks initiate foreclosure but postpone the final order, effectively putting the condo in limbo because the bank doesn’t want to become responsible for the unit’s obligations generally and homeowner association fees specifically.

But some condos are trying a backdoor way of getting the banks to pay.

RISMEDIA, March 8, 2010— By Seth Kaplan - Over the past six weeks we have looked at an array of topics regarding mobile phones, a lot of which have dealt with the transition from phones into mobile devices which can be used in a variety of ways. All of our topics have been looked at in terms of the facts, numbers and insights provided by industry thought leaders in order to promote the use of mobile technology and how we can benefit from it. However, every day each one of us turns to the screen of our mobile device countless times for an endless number of beneficial utilities.

RISMEDIA, March 6, 2010— By Alyce Crawford Ritchie - Not only did we turn over a new year on January 1, 2010, but the U.S. Department of Housing and Urban Development (HUD) ushered in monumental and mandatory changes to the Good Faith Estimate (GFE) and HUD-1 settlement statement (HUD-1).