Home » August 31st, 2010 Entries posted on “August, 2010”

Foreclosed house bought to house an outstanding surgery center

A doctor and a medical office developer bought a house out from foreclosure in Cedar Park. They plan to revamp a vacant that vacant office building to house a new, outpatient surgery center and other medical tenants early 2011. Onair Development and Dr. Robert Wills are now the now owners of a 35,169 square foots [...]

Posted in Foreclosures | Read More »

How were home sales in Austin after tax credits gone?

It was not unexpected turn that home sales would show a significant drop in the following months, after the expiry of the spurt boosted by tax-credit incentives. Austin housing market shows the same expected results in declined home sales by 25 percent in July. As the official statistics for July sales across the country are [...]

Posted in Housing | Read More »

Austin and its curtailments under McMansion Ordinance

The growth of a city makes more profits to the real estate business. But a regulated growth is the concern of the city administration, not to allow way-ward growth causing hindrance to the residents of neighborhoods. The regulated growth is ensured by imposing limitations from planning stage of buildings – both new and re-modeling constructions. [...]

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Eureka Short Sale Training at Alamo Title – September 2nd

Will be holding short sale training at the Georgetown Office of Alamo Title between 9AM to 1PM on the 2nd of September. Karla Jordan Top Producing Keller Williams agent will be giving the nuts and bolts how to effectively execute a Eureka Short sale with over 80% success ratio. Insights of short sales from banking [...]

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Austin has shown improvements on job growth

Foreclosures; mounting inventory of properties; dearth in new construction; decline in property values; deficit in city and county budgets; scarcity in consumer spending; depleted revenues in hotels, shopping malls, recreation centers, resorts, holiday homes – all these woes the country is experiencing, hinge upon only one thing – growing unemployment. So invariably all fingers from [...]

Posted in Economy | Read More »

WE SUCCEED WHERE OTHERS FAIL

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With short sales becoming ever more popular as an alternative to foreclosures, an alarming trend dampens the irrefutable success the process offers all parties. Of course the short sale process requires the approval of the lender.  Large portion of the short sales have been severely hampered by lenders failing to respond timely to the short [...]

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CONFIDENTIALITY

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With the Eureka Short Sale Program the homeowner’s details are withheld from the market while the conditions of the settlements are being negotiated. Subsequently the property will never be marketed as distressed sale; it will be presented to the market based on its features, not on the vulnerabilities of the parties involved. So the Eureka [...]

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VASTLY IMPROVED MARKETABILITY

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While Eureka is able to negotiate an agreement with the timely approval of the lender then simultaneously utilize its immense marketing capabilities to off load the property is a tremendous value to a homeowners flailing in financial uncertainty. Since the property is not marketed as short sale it gives an instant boost in marketability. Real [...]

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LEAST FINANCIAL IMPACT

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All categories of foreclosure, (freshly instituted foreclosures, foreclosures in progress, and completed foreclosures) experienced solid gains of almost 20% from Q4 in 2009. Clearly the legal system is being tested to the very boundaries of its capacity. With fundamental assistance from the Home Affordable Modification Program (HAMP) loan modifications have increased slightly by approximately 5%. [...]

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REPUTATION

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We are a nationwide network of real estate, financing and legal professionals with a mission to improve the efficiency of short sales and create a win scenario for all parties involved. We are closely monitoring the laws and regulations and promoting anti-scam and anti-fraud communications from various government organizations.

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