Are you currently Single and Purchasing a Property?

13012767_xxlAny time you make a decision to buy a home in Fairview you are producing an incredibly big step and it’s a difficult decision. It is challenging not because you don’t know for those who ought to or shouldn’t, it is really hard simply because you realize you’re going to spend a mortgage each and every month for lengthy time.
This notion sounds really terrible and it is not some thing you can not wait to jump into, anyway as soon as you may have fully paid the mortgage the house is yours and you should quickly realize that, for those who possess the possibility, this can be a far better selection as an alternative to renting a residence for the exact same amount of time: you’d pay your month-to-month rent and not personal the home.

You possibly won’t get anything as high priced as your house for the rest of the life. The commitment is very major and owning a residence comes with some responsibilities you would not have should you lived renting.

You’ll have to deal with lenders, pay the mortgage month and furthermore pay for any difficulties that might take place including fixing broken pipes, heating technique and much more. This shouldn’t bring about you to think to not acquire a home.

Probably the most critical issue you have to consider when you are deciding if getting or renting is that, should you obtain the residence, soon after some years you’ll be the owner, otherwise you are going to need to pay a rent forever: this must be sufficient to convince you that, for those who possess the possibility, you need to absolutely determine to get it.

Most singles are so scared concerning the responsibilities of purchasing a residence that never choose to take into consideration this solution till they come across a companion to split costs and commitment.

It doesn’t matter if you are single or you have got a companion that can undergo the procedure of obtaining a residence with you: acquiring a home is actually a clever option, being single will just make it a bit tougher but this shouldn’t be a motive to not buy a house (assuming that for you it’s economically feasible).
When you assume about what you really will need you might choose to get a property even though you are single, and it may possibly not be so hard: there is no ought to get an extremely large apartment if you are going to be living alone for long time. You do not believe that purchasing a smaller property is worth? Constantly try to remember that it is a fantastic worth that you’ll have the ability to sell when you determine you’ll need a bigger one particular.

If funds does not be concerned you, you are able to obtain an enormous home now and continue to keep there following you get married as well as when you’ll have youngsters. Inside the meantime you will have your own castle to appreciate with mates and relatives when they’re about.

You need to keep in mind that you absolutely need to not invest in a home you can’t pay because you will be throwing your dollars away. Usually bear in mind that you will have to spend your mortgage month-to-month: you know what you can afford, never obtain something far more.

Furthermore it is best to add for the monthly mortgage payment the expenses that come with the house like the condominium fee, or any yard perform expense when you never want to do such perform by yourself you need to find a real estate agent in fairview.

When selecting a home to buy you should not settle for something significantly less than what you will need: this does not mean you necessarily have to buy a mansion, you simply have to invest in a house that you seriously like, but at the very same time you ought to be capable to pay the mortgage month-to-month without very easily or in some cases you may have tough instances paying the month. You in no way know what is going to happen and also you don’t certainly desire to shed your new household.

5 reasons your real estate website isn't generating leads

Are you set up for success in 2016? Join 2,500 real estate industry leaders Aug. 4-7, 2015, at Inman Connect in San Francisco. Get Connected with the people and ideas that will inspire you and take your business to new heights. Register today and save $100 with code Readers. Takeaways: Five common problems with real estate websites. How to correct those issues. The best ways to link to your website on various social media channels If you’re unhappy with your real estate website, it’s probably for one reason — it isn’t generating enough leads. The prettiest website in the world isn’t a good investment unless it’s capturing and delivering you leads. Here are five major reasons your real estate website isn’t generating enough leads and what you can do about it: 1. I…

Foreign crooks are laundering billions in London real estate

expensive london property

Money launderers be warned: Don’t try and hide your dirty cash in London property.

Criminals have been pouring billions into the city’s red hot real estate, but the U.K. government is now promising to get tough with measures aimed at shining a light on the murkier corners of the market.

“That is my message to foreign fraudsters: London is not a place to stash your dodgy cash,” British Prime Minister David Cameron said Tuesday.

Anonymous shell companies were being used to buy high end properties, some with “plundered or laundered cash,” he said.

As a first step, the government will publish a list of all foreign companies that own land and property in England and Wales later this year.

It will also consider ways of making the ownership of those companies transparent, Cameron said.

Offshore firms own about £122 billion ($190 billion) worth of property in England and Wales. The property register will apply to about 100,000 titles.

An influx of foreign buyers has added fuel to London’s property boom, with Qatari, Chinese and Russian investors among the big spenders. Prices in the city have soared — they’ve jumped 9% above already inflated levels over the past year — making home ownership an impossible dream for many average Londoners.

Cameron said the vast majority of foreign businesses investing in British property were legitimate, but added there could be no place for “dirty money.”

“The U.K. must not become a safe haven for corrupt money from around the world,” Cameron said.

The government will also consider forcing foreign companies that want to bid on state contracts to reveal their owners.

Related: Backyard sells for $2 million in London real estate boom

Global Witness, which campaigns against corruption, said it was too easy for criminals to launder money through luxury property, and it welcomed the measures.

“London…is one of the go-to destinations to give questionable funds a veneer of respectability,” it said in a statement.

Global Witness spokesman Chido Dunn said the family of late Libyan dictator Moammar Ghadafi used stolen loot to invest in London.

“A famous example but far from a one off,” Dunn said.

Others include a property empire worth nearly £150 million on Baker Street in London — Sherlock Holmes’ fictional address — owned by a “mysterious figure” with close ties to a former Kazakh secret police chief accused of murder and money laundering, Global Witness said.

Related: What is Nike’s role in FIFA’s corruption scandal?

LendingHome | James Herbert | Real Estate Crowdfunding – The Real Deal

With $109M in VC funding, LendingHome takes on mortgage market

California-based lending platform offers alternative to crowdfunding

July 27, 2015 02:41PM

By Konrad Putzier

Herbert

From left: LendingHome’s co-founders Matt Humphrey and James Herbert

LendingHome may be the biggest real estate tech startup most New Yorkers have never heard of.

The mortgage-lending marketplace, founded in 2013, has raised $109.3 million in venture funding from firms like Renren – placing it among the real estate industry’s richest startups. That fact alone should make LendingHome the talk of the town. So why isn’t it?

One likely reason is that the San Francisco-based firm is still waiting for regulatory approval in New York and hasn’t financed any deals here to-date. But it’s also perhaps because of its focus: while other real estate startups are developing 3D technologies and cloud computing solutions for the Big Apple’s biggest landlords, LendingHome focuses on financing what is arguably the least flashy asset class in real estate: non-owner-occupied, single-family properties. “We started with these loans because they were particularly inefficient,” LendingHome’s co-founder and president James Herbert told The Real Deal in a recent interview. The lending market for these properties, he added, is dominated by small, local players and has made little use of technology. “We saw this as an opportunity to take a fragmented market and clean it up.”

Here’s how it works. LendingHome offers 30-year loans for those buying single-family homes to rent out as well as short-term bridge loans for those looking to buy and flip. Individuals can apply for a loan online by answering a handful of questions and uploading supporting documents, in a process the company claims takes just 20 minutes. If approved, it takes up to 14 days for a loan to close, according to the company’s website. Interest rates average around 7 percent for the 30-year loans and 11 percent for the twelve-month bridge loans, Herbert said, and LendingHome’s average loan size is $180,000.

Herbert, a Stanford grad and former executive at real estate investment firm Colony Capital, said the startup was born out of frustration with his own experience getting loans for his investment firm, Two Bridges Real Estate. LendingHome made its first loan in April 2014 and has originated more than $200 million in loans to-date. Sure, it’s a tiny sum in the world of real estate finance. But Herbert, who co-founded the firm with veteran tech entrepreneur Matt Humphrey, has grand plans: eventually, he said, he wants to dominate the market for mortgages on non-owner-occupied homes and also wants to start offering loans for owner-occupied homes.

Underwriting is done in more or less the traditional way by employees, and Herbert said the firm uses few of the high-flying metrics popular among consumer peer-to-peer lending platforms like Lending Club or Prosper.Leading_U.S._real_estate_finance_startups,_by_capital_raised_Venture_funding_to-date,_in_$M_chartbuilder (1) (1) copy

For borrowers, LendingHome offers a service very similar to crowdfunding platforms like Patch of Land, Realty Mogul and Fundrise: real estate loans, processed online and in a low price range rarely served by banks. And both the startup and these platforms effectively act as a marketplace connecting borrowers and investors.

The main difference is that while crowdfunding platforms sell notes tied to the loans to small-time investors – the “crowd” – LendingHome passes all its loans on to institutions. For these investors – which include hedge funds, mortgage REITS and university endowments – the platform is essentially a new spin on mortgage-backed securities, allowing them to buy small loans in bulk.

At any rate, this distinction is beginning to disappear. “Institutional money is already usurping the crowd,” Sherwood Neiss, principal at industry consultant Crowdfund Capital Advisors, which advises government and financial institutions on crowdfunding, recently told TRD. “I think this is the general direction it will go in. Unless these are opportunities in small towns, I do believe that this will be mainly institutionally funded deals.”

Liberating small-time investors with the help of automated underwriting sounds great in theory. But finding hundreds of investors to fund a deal is tedious and severely limits the pool of available capital.

“When you look at the overall size of the market, the amount of capital needed to actually fund the origination volume that we do is pretty tremendous,” Herbert said. And since institutions have the most capital, it makes sense to tap into them.

LendingHome has its own plans to venture into crowdfunding by making its loans available to retail investors, but Herbert said the bulk of its funds would still come from institutions. This, essentially, is the model most crowdfunding platforms are also moving towards, albeit from the other extreme.

LendingHome retains none of the mortgages it originates, and thus none of the immediate risk. That kind of business raises concerns over risky lending — after all, the memories of the shenanigans of the previous boom are still raw. But Herbert insists his startup is exercising prudence, explaining that it typically lends only 70 percent of the total purchase price. “We only originate loans that have a high probability of getting repaid,” he said.

Wary Chinese investors are ditching stocks for real estate

The Chinese government’s determined efforts to recreate a bull market in stocks—perhaps we should call it a mechanical bull?—are getting pretty bumpy, as the Shanghai Composite’s 8.5% drop today attests. If Beijing is hoping for ordinary investors to pile back in to the market, the cause might already be lost. Signs are emerging suggest that investors are turning their attention back to another asset class: real estate.

Optimism has shifted from stocks to property, Li Gan, economics professor at Texas A&M University, told BloombergBriefs (pdf).

“Winners from the stock boom have already started taking funds out of the market to buy real estate,” said Li, whose findings are based on his survey of 5,000 households. In the first quarter, property buyers were almost evenly split between those trading stocks and those who weren’t. But in the second quarter, stock investors were 50% more likely than non-traders to buy property.

Like a bouncy castle on a patchy power supply, the Chinese property bubble has been rapidly inflating, deflating, and re-inflating since 2007. Thanks to extra-abundant credit and (probably) the stock market’s shaky state, it looks like it’s re-inflation time: The value of home sales jumped 30% in Q2, after diving 9% in the first quarter.

That’s probably a relief for Chinese banks, given that as much as three-fifths of credit in China is secured with property as collateral, says Fitch, the ratings agency. A further collapse in property prices would have risked loan defaults and cut into banks’ ability to lend.

It should also be great news for the economy; close to 30% of GDP comes from construction (both residential and commercial). However, the excess of housing supply makes it less likely that construction will pick up for at least another year, according to Rosalea Yao, real estate analyst at Gavekal Dragonomics.

This problem is much more acute in smaller cities, as suggested by the official data on average sales prices in 70 big cities.

This divergence will likely persist. According to A&M’s Li, survey respondents were more confident that prices in Tier 1 cities (i.e. Beijing, Guangzhou, Shanghai, and Shenzhen) will climb. His research also showed that 38% of homes in third-tier cities remain empty, compared with 18% in Tier 1 cities.

Company Shares of Xinyuan Real Estate Co Ltd Drops by -7.32%

Xinyuan Real Estate Co Ltd (NYSE:XIN) has lost 7.32% during the past week and dropped 18.15% in the last 4 weeks. The shares are however, negative as compared to the S&P 500 for the past week with a loss of 5.22%. Xinyuan Real Estate Co Ltd (NYSE:XIN) has underperformed the index by 17.29% in the last 4 weeks. Investors should watch out for further signals and trade with caution.

Xinyuan Real Estate Co., Ltd. has dropped 21.4% during the last 3-month period . Year-to-Date the stock performance stands at 16.5%. The company shares have dropped 34.32% in the past 52 Weeks. On August 12, 2014 The shares registered one year high of $4.17 and one year low was seen on January 30, 2015 at $2. The 50-day moving average is $3.03 and the 200 day moving average is recorded at $2.87. S&P 500 has rallied 5.09% during the last 52-weeks.

Xinyuan Real Estate Co Ltd (NYSE:XIN) witnessed a decline in the market cap on Friday as its shares dropped 3.27% or 0.09 points. After the session commenced at $2.73, the stock reached the higher end at $2.77 while it hit a low of $2.62. With the volume soaring to 137,556 shares, the last trade was called at $2.66. The company has a 52-week high of $4.2899. The company has a market cap of $196 million and there are 73,758,000 shares in outstanding. The 52-week low of the share price is $2.

Institutional Investors own 5.6% of Company shares. During last 3 month period, -0.1% of total institutional ownership has changed in the company shares.

Xinyuan Real Estate Co., Ltd. (Xinyuan) is a developer of large-scale residential real estate projects aimed at providing middle-income consumers with a comfortable and convenient community lifestyle. Xinyuan has expanded its network to cover a total population of over 64.7 million people in eight selected cities, consisting Beijing, Hefei, Jinan, Kunshan, Suzhou, Zhengzhou, Xuzhou and Chengdu. The Companys United States development arm, XIN Development Group International, Inc. (XIN), is a real estate residential developer that entered the United States market with three projects in 2012. XINs products portfolio consists of multiple rise buildings, sub-high-rise buildings and high-rise buildings, together with auxiliary services and amenities, such as retail outlets, leisure and health facilities, kindergartens and schools. In April 2014, the Company acquired parcel of land in Shanghai by purchasing 100% interest of local project development co.

Real-estate mogul's Hamptons mansion goes up in flames | New York Post

An opulent $9.2 million Southampton mansion owned by a real-estate mogul went up in flames Saturday.

Firefighters from ten departments across the Hamptons area battled for hours to control the fire at 50 Wyandanch Lane, one of the area’s most famous streets.

Fire department sSources say they suspect it was a grease fire that began in the kitchen. No one was reported hurt.

The fancy six-bedroom, six-bathroom pad boasts a swimming pool and half basketball court, and is surrounded by manicured gardens. The beach is just over a quarter mile down the road.

The gardens swarmed with firefighters bearing ladders and hoses on Saturday afternoon as smoke poured out the windows and roof of the 8,300-square-foot home.

The blaze was reported at 12:23 p.m. and worsened throughout the afternoon.

Records show the home is owned by well-known property investors Lawrence and Marilyn Friedland, who bought the two-story residence in 2004 for $7.5 million.

The property, which was built in 1999, was assessed for $9.2 million in 2014.

Friendland runs Friedland Properties and owns over 100 properties, many on the “Gold Coast” strip of Madison Avenue between 57th and 72nd Street.

His company is the largest landlord of Madison Avenue properties, and includes a lengthy list of high profile retail tenants such as Polo Ralph Lauren, Donna Karan, Dolce & Gabanna and LVMH.

The Friedlands, who usually keep a low profile, could not be reached for comment.

Their exclusive corner of Southampton is home to business magnate George Soros, Barclays investment advisor Martin Shafiroff and his socialite wife Jean and media titan Lally Weymouth.

The extreme heat of the fire combined with the combined hot weather meant that firefighters had to continually rotate out of the blaze.

The ten volunteer fire departments called to the fire were Southampton, North Sea, Sag Harbor, Bridgehampton, East Hampton, Hampton Bays, East Quogue, Westhampton, Shelter Island and Flanders.

Real Estate Transfers – 7/26/15 – News Sentinel Story

More than $1 million to $500,001

 Comfort Hotel LLC and Seals and Proffitt LLC to Sumeet Bakshi, District 5, Ward 47, $2,350,000.

 Linda King and J. King Jr. to Pro Health Properties GP, on Ailor Avenue, $2,138,856.

 Cowan Rodgers III and Julie Rodgers to Robert Gilbertson and Karen Gilbertson, in Westminster On The Creek subdivision, $665,000.

 Aaron Jones and Britney Jones to Alan Haney and Anna Haney, on Cunningham Road, $660,000.

 Mark Broussard, administrator, Julia Jacobs estate, Jeanne Cauldwell, Michelle Rainwater and Andre Broussard to Larry Kelsay and June Kelsay, in Sherwood Oaks subdivision, $650,000.

 Sheri Albers and Richard Latchaw to Paula Allred and John Robertson, in Northshore Cove subdivision, $634,805.

 James Keener II and Kelly Keener to James Sills and Michelle Sills, in Gettysvue subdivision, $593,000.

 G. Jabaley, Jill Jabaley and Jill Jabaley to Edmund Mackle and Kristen Mackle, in Kensington subdivision, $529,900.

 First National Bank of Oneida to Aleksandr Botezat, in Ely Park subdivision, Phase 1, $525,000.

 $500,000 to $300,001

 Janis Couns and Norman Couns to Michael Miller and Betty Miller, in Woodchase subdivision, $464,900.

 Dennis Farley to Ty Tanaka and Sandra Tanaka, in Noras Path subdivision, $454,500.

 Saddlebrook Properties LLC to Brian Misanko and Susan Misanko, in Baldwin Park subdivision, $429,900.

 Gaspare Duncan and Adrienne Duncan to Robert Mewhorter and Christine Froehlich, in William Duncan property, $420,000.

 Federal National Mortgage Association to Tony Brown and Jennifer Brown, in Dobe subdivision, $420,000.

 Shawn Lynaugh and Kelly Lynaugh to John Radu II and Heather Radu, in Gray Eagle Springs subdivision, $415,000.

 Gregory Greer and Deena Greer to Robert Boyle and Emily Boyle, in Falling Waters at Northshore subdivision, $412,000.

 Saddlebrook Properties LLC to Ryan Cannon and Erin Cannon, in Sheffield subdivision, $400,871.

 Craig Parker and Gail Parker to Mitchell Massey and Susana Massey, in Greystone Court subdivision, $394,500.

 Daniel Cain and Doroteja Cain to Brian Hulen and Amy Hulen, in Walnut Grove subdivision, $393,000.

 Healy Homes LLC to Steven Pinto and Nicole Pinto, in Annex at Jefferson Park subdivision, $377,044.

 William Crowder and Mary Crowder to Paul Taylor and Elanor Taylor, in Barrington subdivision, $375,000.

 Ball Homes LLC to Rafat Moinuddin, in Jefferson Park West subdivision, $358,289.

 Melanie Spurgeon and Jonathan Spurgeon to Michael Shattan and Melanie Shattan, in Fort West subdivision, $349,900.

 Ball Homes LLC to Jerry Yarbrough and Jo Ann C. Yarbrough, in Middleton Park subdivision, $337,580.

 Thomas Mottern and Marie Mottern to Kenneth Stone, in Weatherstone subdivision, $335,000.

 Omar Arellano to Michael Serfass and Lindsay Serfass, in Echo Valley subdivision, $331,000.

 Brandywine at Turkeycreek LLC to Kantilal Patel, in Brandywine at Turkey Creek subdivision, $330,000.

 Wilbern Boze and Michelle Boze to J. Beeler II and Marlena Beeler, in Concord Hills subdivision, $325,000.

 R. Benner and Susan Benner to Andrew Chalache, in Lakemoor Hills subdivision, $325,000.

 Wes Pauls and Melinda Pauls to Eli Logan and Dawn Logan, in Maple Hollow subdivision, $325,000.

 Ball Homes LLC to Alex Koszalinski and Julie Koszalinski, in Middleton Park subdivision, $321,154.

 Rebecca Winston to Richard Schmidt and Jean Schmidt, in Plantation Springs Condos, $320,000.

 Federal National Mortgage Association to Gregory Vandergriff and Regina Vandergriff, on Neubert Springs Road, $318,500.

 Dayle Hoffman and Karen Hoffman to Nicholas Vantrease and Paige Vantrease, in Rockwell Farm subdivision, $308,800.

 Dawn Garibay to Robert Sanders Jr. and Amy Sanders, in Lancaster Ridge subdivision, Phase 3, $306,000.

 $300,000 to $200,001

 Ball Homes LLC to Darrin Atkinson and Kelly Atkinson, in Middleton Park subdivision, $299,449.

 Lynda Maples and Gerald Maples to Vincent Raby, in Village Green subdivision, $295,000.

 Ball Homes LLC to Andrew Goldhahn and Justina Goldhahn, in Falcon Pointe subdivision, $291,917.

 Sally Snyder to Andre James, in Suburban Hills subdivision, $291,500.

 Edmund Mackle and Kristen Mackle to Daniel Breen and Shealyn Breen, in Benington subdivision, $290,000.

 Margaret Ericson to James Keener II and Kelly Keener, in Tierra Verde subdivision, $285,000.

 Ball Homes LLC to Andrew Fookes and Stacy Fookes, in Falcon Pointe subdivision, $283,741.

 Kimberly Loryea to Harlan Helterhoff and Gretchen Helterhoff, in Falcon Pointe subdivision, $283,000.

 Barbara Hopkins and Bernice Harlowe estate to John Cook Jr. and Amber Cook, in Chadwick Downs subdivision, $282,000.

 Amy Knight and Timothy Knight to Timmy Wood and Mariam Wood, in Spradlin Place subdivision, Phase 2, $280,880.

 Disney Investments Inc. to Alisha Hinton, in Alyshas Vineyard Condos, $279,900.

 James Black Jr. and Mary Black to Deanna Hurd and Amber Hurd, in Imperial Estates subdivision, $273,000.

 Richard Treece, trustee, Rebecca Treece, trustee, Richard Treece trust and Rebecca Treece trust to Jason Ritchie and Beth Ritchie, on Western Road, $269,900.

 Brian Jones and Lucy Jones to Douglas Hulme and Rena Hulme, in Treymour Village Condos, $268,500.

 Larry Emmons and Amy Smith to John Oliver and Stephanie Oliver, in Holston Condos, $267,500.

 Carrie Propst to Reynold Rossi Jr. and Lynnette Rossi, in Brookhaven subdivision, $258,800.

 Smithbilt LLC to Christina Musel and Owen Spellecy, in Hidden Meadows subdivision, Phase 2, $258,500.

 Stacy Burton, Stacy Monday and Terry Burton to Geoffrey Mabe and Angela Mabe, on Hodges Ferry Road, $250,393.

 Tekco LLC to Brian Poston and Sarah Poston, in Silverstone subdivision, $250,000.

 Bob Boyle and Emily Boyle to Jim Scott and Romni Scott, in Debusk Park subdivision, $250,000.

 William Furlong, Billy Fox, Veronica Pike and Jonathan Pike to Henry Wieniewitz III, in Claude Robinson subdivision, $250,000.

 Smithbilt LLC to Robin Chamberlain and David Chamberlain, in Rushland Park subdivision, Phase 3, $249,900.

 Knoxville Real Estate Team LLC to Michael Barham and Sarah Barham, in Knottingwood Forest subdivision, $249,900.

 Raymond Equi Jr. and Virginia Equi to Helen Allen and Bobby Allen, in Lancaster Ridge development, $249,500.

 Amy Hulen, Amy Philips and Brian Hulen to Tonya Wintermeyer, in Pittman Place subdivision, $249,000.

 Jeffrey Grady and Leigh Grady to Dawn McDaniel and Kristy Hutson, in Gallaher Station subdivision, $244,000.

 Chastin Arms and Leanna Arms to Brandon Manning and Ashley Manning, in Carter Ridge subdivision, $243,900.

 Knob Creek Homes LLC to Erick Foster and Dawn Foster, in Stratford Park subdivision, $243,900.

 Ball Homes LLC to Michael Dewine and Barbara Dewine, in Middleton Park subdivision, $242,265.

 Weldon Brock to Ruth Coburn, in Emory Estates subdivision, $242,000.

 Smithbilt LLC to Demurris McMillan and Amber McMillan, in Hidden Meadows subdivision, Phase 2, $241,975.

 Jeffrey Keech and Evelyn Keech to Michael Murphy Jr. and Holly Murphy, in Stonewood Hills subdivision, $241,700.

 Ruth Brown to Christopher Caldwell and Karen Caldwell, in Belmont West subdivision, $240,000.

 Leslie Shockley and Tonja Shockley to Bryan Ray and Crystal Ray, in Richland Colony subdivision, $240,000.

 Douglas Burton and Diana Burton to Gaspare Duncan and Adrienne Duncan, in Preserve at Gleason subdivision, $239,900.

 Daniel Mulligan and Jennifer Mulligan to Jeffrey Baranowski and Bonnie Baranowski, in Grove Pointe subdivision, $239,900.

 Beth Johnson to Patrick Kelly and Erin Kelly, in West Hills subdivision, $236,500.

 Malick Traore, Annette Traore and Annette Brown to Christopher Chapman and Mary Chapman, in Wedgewood Hills subdivision, $236,000.

 Vincent Raby and Ashley Raby to Jeffrey Lusk and Catherine Bell, on Beverly Road, $234,500.

 Cole Harris to Alan Clapp and Felicia Clapp, in Sterchi Hills subdivision, $234,000.

 American Homes 4 Rent TRS LLC to Herbert Grotkopf and Shelly Ford-Grotkopf, in Concord Farms subdivision, $232,500.

 Joyce C. Barlow Rich and Joyce Barlow to Joseph Tolbert and Tanya Tolbert, in Summer Rose subdivision, $229,000.

 Timothy Craig and Donna Craig to Thomas Schmidt and Stephanie Schmidt, in Oxmoor Hills subdivision, $226,500.

 Robert Sanders Jr. and Amy Sanders to Heather Stanfill and Jenna Prock, in Ponderosa Hills subdivision, $219,900.

 Brandon Miracle and Mary Miracle to Brandon Murphy and Carolyn Murphy, in Mountain Lake subdivision, $219,000.

 Christy Mapes and Maurice Mapes to Marsha Estep, in Wood Haven subdivision, $218,500.

 Disney Investments Inc. to Duane Trouten and Bonnie Trouten, in Alyshas Vineyard Condos, $214,900.

 Jason Ritchie and Beth Ritchie to Scot Bolz and Vicki Bolz, in Meadowcrest subdivision, $214,900.

 Damian Garbiras to Bank of New York Mellon and CWALT Inc., in Lancaster Ridge development, $214,606.

 Lisa Murray to Gary Ramsey and Glenda Ramsey, in Greywood Crossing subdivision, $214,000.

 Kellye Lane and David Anderson to Suneeta Acharya, in Chestnut Hill subdivision, $210,000.

 $200,000 to $150,001

 Douglas Warwick, Linda Skaggs and Mary Warwick estate to Christopher Womac and James Smithhart, in Holston Hills subdivision, $200,000.

 Jeremy Longshore and Amanda Longshore to Tara Bunk, in Westland Forest subdivision, $199,900.

 Hatcher Properties LLC to Sean Whitehead, in Stonebrook subdivision, $199,900.

 William McDavid and Julia McDavid to Joshua Weinhandl, in Meadows of Millertown subdivision, $199,000.

 Smithbilt LLC to Amber Arnold and Tony Arnold, in Rushland Park subdivision, Phase 3, $198,000.

 Donald Thomas and Melissa Thomas to Noah Soltau and Sabrina Soltau, in Shannon Valley Farms subdivision, $197,900.

 Robert Powell and Jason Hicks to John Rich and Deborah Rich, in Autumn View subdivision, $195,000.

 Michelle Byrd to Zachary Cochran and Stephanie Cochran, in Christian Springs subdivision, $194,000.

 Rieng Truong and Phayvanh Sengchanh to Lucas Andrews and Amanda Andrews, in Knollwood subdivision, $193,000.

 Worley Builders Inc. to Kristen Dye and Luke Dye, in Plantation Oaks subdivision, $192,000.

 Phong Nguyen and Thu Pham to Ah4r-Tn 3 LLC, in Spradlin Place subdivision, $190,000.

 Victor Tanon and Alana Tanon to Amy Knight, in Candlewick subdivision, $189,900.

 Kelly Devenney-Wood, Krist Devenney, Kelly Day and Kai Devenney to Lorella Delapp and Stephen Delapp, in Villas of Barrington subdivision, $186,000.

 Charles Comeaux and Gail Comeaux to Robert Johnson Jr. and Connie Johnson, in Gravestone Estates subdivision, $185,000.

 Steven Smith and Cindy Smith to Gary French and Kathleen French, in Whisper Ridge subdivision, $185,000.

 James King and Debby King to Elizabeth Rivero, in Lennox Place subdivision, $184,000.

 Mae Harrison and Mae Higgins-Bright to James Rashleigh and Penelope Rashleigh, in Crestwood Hills subdivision, $182,500.

 Trans-South Properties G.P. to Cannon and Kuipers LLC, in Clear Spring Plantation subdivision, $181,800.

 Charles Ward to David Goodpasture Sr., in Suburban Hills subdivision, $180,000.

 Jonathan Darrow and Kayleen Darrow to Elaine Wagner, in Barineau Hills subdivision, $180,000.

 Kevin White and Deborah White to Jason McGill and Mollie McGill, in Wyngate subdivision, $180,000.

 Robert Franklin and Jennifer Franklin to Adam Tyler and Carrie Tyler, in Wilkesboro subdivision, $179,900.

 Wesley Clanton and Jeffrey Clanton to Michael Dillard and Debra Dillard, in Laurel Villas Condos, $176,000.

 Jerome Parrott to Terry Livingston, in North Gate Estates subdivision, $175,000.

 Ashley Baracz and Brian Baracz to Matthew McGill and Amanda McGill, in Wildwood Gardens subdivision, Phase 5, $171,900.

 Norman Sealander and Melody Sealander to Joshua Kenna and Felicia Kenna, in Buckhaven subdivision, $171,000.

 Timothy Lott and Kelsey Lott to James McCampbell and Amy McCampbell, in W.E. Norton subdivision, $170,000.

 Michael Petsuck and Pamela Wallace-Petsuck to Richard Slupski and Patricia Slupski, in Grassy View subdivision, $169,900.

 John Showalter and Tammy Showalter to Amy Wolfe, in Kirkwood subdivision, $169,900.

 J. Griffin, Sharon Bittle, Janet Griffin, Bonnie Griffin, Connie Griffin, Connie Lee and Betty Phillips estate to Andrea Lear and Thomas Payne, on Strawberry Plains Pike, $169,000.

 John Blankenship, Susan Connors, Gregory Blankenship and John Blankenship estate to Robert Bean Jr., on South Wahli Drive, $168,000.

 Denali L. P. to Lindsey Miller and Joseph Gardner, in Glenview subdivision, $167,000.

 Joshua Williamson and Elisabeth Williamson to Kristen Morgan, in Vistas Hills subdivision, $166,250.

 Christopher Neil and Ashleigh Neil to Ray Graves III and Carrie Graves, in Cherry Hill Park subdivision, $165,000.

 Nicola Marie Coplan Tucker to Joshua Shelton and Ashlee Shelton, in Woodridge development, $163,500.

 Marsha Estep to Michael Green, in Deanbrook North subdivision, $162,000.

 Daniel Lollar and Elizabeth Lollar to Jennifer Fawver, in Country Walk subdivision, $160,000.

 Sagar Gandhi and Pam Gandhi to Christopher Condry and Edith Condry, in Meadows of Millertown subdivision, $158,000.

 Christopher Cumesty and Sara Cumesty to Adam Thomas and Tara Thomas, in Bell Place subdivision, $157,900.

 Molly Vanpetten and Brian Tobben to Matt Drinnen, in Deane Hill Estates subdivision, $157,000.

 Rhea Dean Jr. and Rhea Dean Sr., deceased, to Diana McCoy, in Grove Park subdivision, $155,000.

 Teresa Kirchner and Matt Kirchner to Jennifer Brown, Travis Brown, Jeffery Wright and Sue Wright, in Meridian Heights subdivision, $155,000.

 Karen Jackson, administrator, and Betty Coleman estate to Ray Phillips, in Dutchtown Harbor subdivision, $154,900.

 Elene Miller to Jonathan Dewald, in Northshore Village subdivision, $153,000.

 Regina Marino to Krista Lawlor, in Oakleigh subdivision, $150,500.

 $150,000 to $100,001

 Joseph Huie and Brianne Huie to John Cox, in Rotherwood subdivision, $150,000.

 Robert Elliott to Kimberly Giles and James Giles, in Broadacres subdivision, $149,900.

 Susan Young to Rodney Varner and Mary Varner, District 8, $149,700.

 James Berrier Jr. and Shannon Webb to Jared Thacker and Marie Thacker, in Canterbury Hills subdivision, $147,500.

 Pamela Castlemun to Dennis Trest and Diane Trest, in Clear Spring Plantation subdivision, $147,000.

 Suzanne Cada and Jack Dennis to Jerry Kyle and Joe Sepulveda, in Mack E. Martin subdivision, $145,500.

 Pamela Bogle, George Rines and Burl Rines to Charlotte Woods, in John Sevier Estates subdivision, $145,205.

 Melba Morrison to Jess Wilson and Sara Ruther, in Berkshire Woods subdivision, $145,000.

 Dawn McDaniel to Holly Howes, in Trails End subdivision, $145,000.

 Dixon Chadwick and Laura Chadwick to Sharon Eustace, in Wrens Crossing subdivision, $143,000.

 Ivan Harness and Emma Harness to Donald Hackworth Jr. and Linda Hackworth, on Yarnell Drive, $142,500.

 Charles Williamson and Mary Williamson to Karson Lurie, in West Haven Village subdivision, $142,500.

 Patricia Tipton, Patricia Wright, James Pittman and James Pittman estate to Susan Christensen, District 6, $142,000.

 Gregory Slemp and Pamela Slemp to Meredith Slemp, in Forestwood Court subdivision, $140,000.

 Wayne Kimsey and Susan Kimsey to Mary Gabriel, in Brierley Heights subdivision, $139,900.

 Marvin Davis to Gary Wilhoite and Debra Wilhoite, in Wyngate subdivision, $139,000.

 Robert Hurst and Whittney Hurst to Pedro Juan Berenquer Torres, in Lexi Landing subdivision, Phase 5, $137,500.

 Ronald Hurst to Henry Wieniewitz III, on Schaeffer Road, $135,000.

 Alan Clapp and Felicia Clapp to Joshua Eakle and Lauren Holben, in Villa Gardens addition, $135,000.

 Stephen Richardson and Abigail Richardson to James Devolk and Desiree Devolk, in Robinson Ridge subdivision, $135,000.

 Samuel Burkholder and Amanda Burkholder to Jason Evans and Crystal Evans, on Yount Road, $134,500.

 Deirdre Bright to Thomas Hesseling and Jennifer Hesseling, in Cedar Bluff subdivision, $134,000.

 Nathan Nash and Jennifer Nash to Charles Miller and Lynne Miller, in Wildwood Villas subdivision, Phase 1, $134,000.

 Nancy Altshuler and Flossie Rhea estate to Rebekah Bays and Patrick Smith, in Norman F. Gill Addition 2, $132,000.

 John Johannes to Ajay Kilkenny, in Edgewood L&I Co. subdivision, Addition 5, $130,000.

 Robert Byerly Jr. to Kasie Engle and Ryan Engle, in N.E. Booher subdivision, $130,000.

 Garrett Chapman to Holly Heck, in Skyland Park addition, $129,900.

 Yvette Hutton to Kevin Richeson, in Cumberland Estates subdivision, Section 4, $129,900.

 JCR LLC to Pamela Bryant, in Bonta Vista subdivision, $129,000.

 Stephen Ogden, Timothy Ogden and Stephanie Ogden to Deborah White, in Rambling Acres subdivision, $129,000.

 Kevin Gillis and Patricia Gillis to Jackie Dinwiddie, in Wood Song subdivision, $126,000.

 Audrey Williams to James Allen Jr., in Westfield Acres subdivision, $126,000.

 Keith Latorre to Stephen Goldman, Karen Goldman and Jessica Goldman, in Brookmill Estates subdivision, $126,000.

 Ron Lay and Deborah Sutton to Savannah Almendaro, in Odell et al property, $125,000.

 Cynthia Atchley and Robert Trosper to Albert Harris and Allyson Harris, in Lake Forest subdivision, Addition 2, $124,900.

 Theodore Webb and Cheryl Webb to Derron Logan and Jessica Rhea, in Cumberland Estates subdivision, Section 6, $122,000.

 Michael Payne and V. Payne to William Daley, in Cherokee Bluffs subdivision, $121,000.

 Stephen Frank to Timothy Fitchpatrick, in Edgehill Manor subdivision, $118,200.

 Emily S. French Sweat and Carl Sweat to Mary Waggoner, in Bye addition, $117,500.

 Fleeta Fore and Rita Black estate to Arch Eaton III and Fleeta Fore, in Lakeshire subdivision, $116,600.

 Hank Smiddy and Angelia Smiddy to Tim Futch and Kandy Futch, in Southridge subdivision, $115,900.

 Andrew Crosby to Curtis Grower and Lori Grower, on Brock Road, $115,000.

 Ryoko Sharp to Linda Hayes, in Cove Ridge Pi subdivision, $114,000.

 Jason McCuiston and Kimberly McCuiston to Taylor Ray and Zackary Ray, in Huntington Place subdivision, $113,700.

 Christopher Rusk and Elizabeth Rice to Samuel Borstein, in Mayfield addition, $113,500.

 Phyllis Flynn and Richard E. Flynn Sr., deceased, to Nationstar Mortgage LLC and Champion Mortgage Co., in Cedar Bluff subdivision, $110,007.

 Elizabeth Wright and Frederick Wright to Lori Hravatic, in Walnoaks subdivision, $110,000.

 John Deitz and Charlotte Deitz to Alison Cowie and Alison Cowie, in Southland Park addition, $109,000.

 Kandy Hensley to Steven Means, in Pleasant Hill subdivision, $109,000.

 Walton Elkins and Jeana Elkins to Jason Thompson and Lauren Thompson, in Cedarchase subdivision, $108,000.

 Kelsey Lenihan to Sarah Blakistone, in Paul E. Kinzer subdivision, $107,900.

 Amy B. Fisher Rushing and William Rushing to Thomas Cashin and Linda Cashin, in Hamilton Lane subdivision, $103,000.

 Dola Elaine Q. Shipe to Jeffrey Jennings, in Fountain City Land Co. addition, $102,900.

 $100,000 to $50,001

 U.S. Secretary of Housing and Urban Development to Russell Bartley, in Cascade Villas subdivision, Phase 2, $99,551.

 Callie Moore to Laine Thomas, in Southridge subdivision, $98,500.

 Federal National Mortgage Association to E. Hall, in Walnoaks subdivision, $95,000.

 Orion Ambrister, trustee, Peggy Ambrister, trustee, Peggy Ambrister trust and Orion Ambrister trust to Austin Pratt and Chelsie Pratt, in Murphy Hills subdivision, $93,900.

 Jacqueline Shipe to Clifford Walton III and Linda Loop, in A.A. Butlers Addition 1, $92,000.

 Shu-Li Chen to Elizabeth Sill, in Linwood Addition 1, $91,500.

 Donna Roach to Eric Schaller and Rebecca Goldinger, in Bon View addition, $89,900.

 Regions Bank to Bonnie Griffin, in Brooksong subdivision, $87,000.

 CBHP LLC to B. and L. Company LLC, in Covered Bridge at Hardin Valley subdivision, $79,900.

 John Bryant and Susan Bryant to James Leeper and Rachel Leeper, in Raaucule Village subdivision, $78,000.

 U.S. Secretary of Housing and Urban Development to Amanda Hamilton, in East Towne Villas subdivision, $75,000.

 Brenda Adams and Leona Baker estate to Carolyn Call, in Georgetowne subdivision, $73,500.

 Knoxfi One LLC to Richard Denney and Doris Denney, in Cove at Turkey Creek subdivision, $70,000.

 U.S. Secretary of Housing and Urban Development to Alec Cunningham and Catherine Cunningham, in Cumberland Estates subdivision, Section 5, $68,951.

 Brandon Haun to Laura Reynolds, in Inskip Heights subdivision, $67,200.

 Charles Ward to East TN Properties LLC, in Cumberland Estates subdivision, Section 5, $67,000.

 Federal National Mortgage Association to Evian Partners, in Sullins Ridge Condos, $66,000.

 Wayne Naessig and Barbra Naessig to Darly Drown, in Atwood subdivision, $65,000.

 Robert Jenkins to Richard Jenkins, on Chert Pit Road, $62,588.

 Paul Howard estate, Dean W. Howard, successor co-administrator, Timothy B. Howard, successor co-administrator, and Nicholas W. Howard, successor co-administrator,  to Anita Dunn and Camilla Dunn, in Edgewood Heights Addition 2, $60,000.

 Walter McMillan and Betty McMillan to Amy Carr and David Carr, in Walter & Betty McMillan property, $60,000.

 Shatoya McLeary, Shatoya Willis and Brandon Willis to Margaret Galloway, in Easton Meadow subdivision, $60,000.

 John Gerken, Virginia Gerken, Diane Dixon and Edward Gerken estate to Kenneth Lockhart and Wendy Lockhart, in Oak Park Addition 2, $59,000.

 Mulford Bowers and Elaine Bowers to Caitlin Bowers, in Barbara Heights subdivision, $55,000.

 Tracy Anderson to Jeffrey Collins, in Murphy Hills subdivision, $54,900.

 Bettie Styles to Cheryl Spinazzola, in Z.T. Bright subdivision, $52,000.

 $50,000 and under

 James Tipton and Mike Tipton to Anders Larsson and Barbara Lannom-Larsson, in Gray Eagle Springs subdivision, $50,000.

 Clearwell LLC to Kevin Hill and Cheryl Hill, in Jourolmons addition, $50,000.

 Roy Jones Jr., executor, and Dolly Jones estate to Melissa McArthur, in Chavannes & Buffat property, $50,000.

 Oscar Stiles to John Coker, on Wooddale Road, $50,000.

 Emad Saah and Radia Saah to Laurel Bowen Properties LLC, in A.A. Butlers Addition 1, $50,000.

 Johnson and Longee LLC to Terry Newman and Melinda Newman, in Noras Path subdivision, $45,000.

 Johnson and Longee LLC to Terry Newman and Melinda Newman, in Noras Path subdivision, $45,000.

 Twin Rivers LLC to Rhodes Family Revocable Living Trust, in Heritage Lake subdivision, $44,000.

 Robert Greer and Teresa Greer to Mark Frye, in Farrington subdivision, $42,000.

 Charlotte Stanton to David Tomljanovich and Carol Tomljanovich, on Keck Road, $40,000.

 John Snyder to Charles Ward, in M.R. Bush subdivision, $40,000.

 Suzanne Snyder to J. and K. Investment LLC, in Pinecrest addition, $40,000.

 Leslie Lougheed and Carol Lougheed to Justin McGaha and Dennis McGaha, in Villa Gardens addition, $40,000.

 Charles Chance to Gatehouse Properties LLC, in A.B. Marstin subdivision, $39,900.

 Ketron Property Management Inc. to Glen Shiflet, in Mayfield addition, $35,000.

 U.S. Secretary of Housing and Urban Development to Anna Aunon, in Linwood addition, $34,000.

 William Beal to Farhaz Nooralli and Kiran Bawani, in West Lonsdale addition, $34,000.

 John Schoolcraft and Julianne Schoolcraft to Craig Craddock and Donna Craddock, in West Arden subdivision, Phase 1, $28,900.

 Mary Ellen Smith and Jack Biggs, deceased, to Gene Lawson and Patricia Lawson, in Oakwood addition, $27,000.

 Dave Roberts to Brown King Construction LLC, in Christian Springs subdivision, Phase 4, $25,000.

 Ronald Jones to Chrissia Lowe and Eric Lowe, on Thomas Weaver Road, $25,000.

 H. Thomas to Norman Ford and Marjorie Ford, District 8, $25,000.

 John Bolt and Amy Bolt to Steven Proffitt and Cynthia Proffitt, on Bud King Lane, $25,000.

 C.R. Capital Group LLC to John Bolt and Amy Bolt, on Bud King Lane, $20,400.

 Carl Gibson and Sherry Gibson to Darrell Dawson, in Lonsdale Land Co. addition, $18,000.

 Arthur Turner and Billy Emory to John Long and Amanda Long, on Harold Road, $15,000.

 Chad Turner to Brent Roggeman, in Bryson Place subdivision, $14,900.

 Gini Thrasher to Michael Smith and Wendy Smith, on Martha Lane, $14,000.

 United Community Bank and First National Bank to Rahim Manji, in McLeans addition, $13,500.

 Powerhouse Baptist Church to Irvin Davis, in Coxs Third Creek addition, $10,000.

 Warren Hodge to Traci Fagan, District 8, $4,915.

 Samuel Vandergriff to Douglas Waddell, in Luther Ward property, $1,000.

 Kenneth Payne and Mary Payne to Kenneth Payne, on Hull Lane, $10.

Minneapolis downtown real estate market: Big, vibrant, growing and cheap – StarTribune.com

Minneapolis is the star of a very bullish new report by the real estate giant CBRE that confirmed the conclusions of a recent column on how the smart location choice for employers is downtown.

CBRE thinks the so-called “secondary markets” in the Midwest are doing great, as population and employment are growing in the city centers and investment in public assets such as transit has improved the quality of life downtown. The changes have led to private investment in multifamily housing and office properties.

What’s striking, however, is just how much the Twin Cities stands out in the study. A big map showed how there’s an incredible 16 Fortune 500 companies here, versus nine in St. Louis, six in Milwaukee or five in Pittsburgh.

Maybe the most stunning chart just lists the percentage of population with at least a bachelor degree, which stands at 38.6 percent in the Twin Cities metropolitan area. It’s by far the highest of the 11 markets in the study, about five points higher than second-place Kansas City and a full 10 points higher than places like Cleveland and Detroit.

Of course CBRE is a real estate firm, and its report had summary information about the office markets, too. The Minneapolis office market is one of the biggest in this 11-city study, at about 21.8 million square feet, much bigger than Detroit, Milwaukee or Cleveland’s downtown.

The interesting thing, though, is price of real estate. The gross asking rent in downtown Minneapolis is reported as $16.05 per square foot. In Milwaukee or Cincinnati, gross asking rent is well over $21 per square foot.  Even Detroit’s gross office rent is a lot higher than in Minneapolis.

What would a portfolio manager for a big real estate investment trust think after spending five minutes flipping through this report? There would be no mistaking that the Twin Cities has a big, exceptionally well-educated workforce, lots of very solid corporate citizens in the tenant mix, plus a vibrant and growing urban core with both public and private investments.

And boy oh boy, does that office rent look cheap.

Let’s go buy a building in Minneapolis. Office rents are going to be going up.

Helping Prevent Real Estate Fraud

HAZLETON — State police are looking into Ignacio Beato’s real estate records.

Some people who thought they bought homes from Beato in the Hazleton area are now finding out they might not actually own those properties.

The Greater Hazleton Real Estate Association says there are about 50 complaints against Beato, who is a licensed real estate agent.

State Representative Tarah Toohil says she has people from the Dominican community calling her office in downtown Hazleton to say that Beato duped them, too.

“It’s really unfortunate that these people are trying to get the American dream and I don’t know how you’re going to recover that money,” said Toohil.

The state police investigation has state lawmakers wondering how they can prevent this from happening and what regulations are needed to protect not only the homebuyers, but also the real estate companies.

“We’re going to be able to look at this case and see if there’s an easier way to catch it. It seems like it just snowballed,” said Toohil.

The real estate community in the Hazleton area is now trying to help those alleged victims, but they also have a word of warning to people who are buying their first home.

“When someone says to you, ‘This is the price. However, if you give me cash it will be much lower,’” said Brian McCardle, a broker at Century 21.

Real estate experts like McCardle say when you go through a bank you have safeguards, such as title insurance or homeowner’s insurance.

He also says some first-time home buyers don’t even know what that is.

Now, many real estate agents in Hazleton are trying to help the alleged victims by finding them other rental properties or somewhere else to stay while the investigation into Beato continues.

“The sad part is some of the victims I’ve talked to so far were very qualified. They could have went to a bank, got a loan, and purchased a home,” said McCardle.

Ignacio Beato has not been charged with a crime and state police are still investigating.

However, if you believe that you or someone you know was involved in real estate fraud, you can call state police.

40.958418
-75.974647

Real Estate Spotlight: Retro Glass Home – seattlepi.com

For views that’ll make you forget you live in the city, look no further than this home at 3701 E. Valley St. The four bedroom, four bathroom home is listed for $4.786 million.

Built in 1959, this home has been tastefully updated while still retaining a fun, retro feel. The home is perched high on Washington Hill, and features walls of earthy merbau wood paneling juxtaposed against walls of glass. The true value of this home is its sweeping views. Mount Rainier, the Cascade Mountain Range, Lake Washington and downtown Bellevue are all visible from the home’s spacious living room.

Outside, the home features a landscaped yard, two-car garage and private steps down to Lake Washington’s shores. You can see the full listing here. 

Check out other recent real estate features below: