New City, N.Y. (PRWEB) February 01, 2012

Currently, foreclosed properties are on the rise. A complicated foreclosure market can provide ample opportunity for educated buyers, or leave room for devastating financial flops when a property is purchased without a thorough home inspection or sufficient knowledge.

“While some foreclosed homes can be a real swipe, make sure to do your homework first,” says Matthew Rand, Managing Partner of Better Homes and Gardens Rand Realty.

When looking at foreclosed properties, buyers should be aware of 3 different types of foreclosures, and the risks or benefits that come with each.

Real Estate Owned (REO). These homes have been foreclosed and are now owned by the bank. They have often stood vacant for some time and typically have maintenance problems due to neglect, so buyers should be extra cautious.

“REO properties are often sold ‘as is,’ leaving the buyer some wiggle room to request a price reduction based on needed maintenance. If you have the finances, time, and energy for a fixer-upper, REO properties can be a great investment,” Rand notes.

Short-sales. These are pre-foreclosed properties that are typically being sold at a lower price so that the seller doesn’t have to foreclose. Designed to create an ideal situation for all involved parties, short-sales can offer great deals for the seller, buyer and bank.

“If you are looking into a short-sale property, be sure you are pre-approved for a loan,” cautions Rand. “Also, make sure to have a solid interior inspection done.”

Auctions. An auctioned housed is one of the riskier types of foreclosed property purchases, as he buyer often has a limited window of time to view the property, and no opportunity for a proper national inspection.

“These ‘as-is’ properties can be a great deal for the seasoned real estate investor who knows what to look for. If you’re new to the field, purchasing a foreclosed home at an auction could be devastating financially when major unseen problems arise,” warns Rand.

For more information on purchasing foreclosed properties, please contact Better Homes and Gardens Rand Realty at media@randrealty.com.

ABOUT BETTER HOMES AND GARDENS RAND REALTY
Better Homes and Gardens Real Estate – Rand Realty, founded in 1984, is the No. 1 existent estate brokerage in the Greater Hudson Valley with 27 offices serving Westchester, Rockland, Orange, Putnam and Dutchess counties in New York and Passaic and Bergen counties in New Jersey. Rand has more than 800 sales associates, as good as a commercial existent estate company (Rand Commercial Services), new york mortgage company (Rand Mortgage), title company (Hudson Abstract Services) and New York insurance agency (The Hudson Group Insurance Agency). Rand Realty is also on Facebook and Twitter.

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(PRWEB) January 17, 2012

Canvas announced today it launched an App Store for Craftsman Book Company, a leading publisher of books and software entitling covering nearly every construction trade and task. Craftsman has taken the bold step to offer business forms from one of its most popular titles – Construction Forms for Contractors by Karen Mitchell and Craig Savage – as mobile apps. This will allow contractors to complete proposals, change orders, accident reports, subcontract agreements and much more on their Android, Apple, BlackBerry and Windows smartphones and tablets.

In contrast to boilerplate paper forms, every Canvas application is customizable by the end user, and comes with GPS/location, image recapturing, barcode scanning, electronic signatures and accessibility to a customer’s ain data such as parts catalogs and patient records. Once a made is completed, the output PDF tinned be emailed and is stored in the user’s account. This not only expedites the communication process, but also eliminate the need to fax paperwork or drive it back to the office.

As Craftsman puts a premium on educating and enabled contractors, they required that each app have an educational component. Before completing a specific constitute, contractors tinned read a detailed description of the form’s purpose and when and how to use it. This comes in handy for less commonly-used forms like safety agreements, waivers of lien on material and labor, non-responsibility notices, etc.

“Many long-time ‘ink on paper’ customers are starting to demand Craftsman’s products in digital format. Canvas apps offer the best of both worlds, by bringing Craftsman’s paper construction forms and educational components to mobile devices everywhere,” said Ben Moselle, Publisher of Craftsman Book Company, adding “The option to use the program with unlimited risk-free access for 30 days really speaks to the confidence Canvas has in their product. The flexible pricing options make their solution more affordable than Canvas’s competition.”

“Canvas is serving a tight-growing community of contractors as the industry realizes the possible of using peregrine devices to recapture information and data. Our partnership with Craftsman, a leading brand in this printing space, today provides contractors of all specialties with pre-constructed apps they can download and use forthwith,” added James Quigley, CEO of Canvas.

About Craftsman Book Company
Craftsman Book Company – originally Cal Pacific Builders (1952-1953) – developed from a partnership between a construction contractor and licensed civil engineer. The first Craftsman book, California Home Estimator, was published in 1953. Since that time, Craftsman has published hundreds of technical and professional references for the construction industry. Tens of thousands of contractors, remodelers, custom builders, appraisers, adjusters, estimators, architects, engineers and other construction professionals in the United States and Canada rely on Craftsman’s software products and cost estimating data publications. Craftsman’s Construction Contract Writer software is a first-in-class productivity tool used by construction professionals to meet increasingly more stringent state contracting standards.
Craftsman Book Company is headquartered in Carlsbad, California. To learn more visit http://www.craftsman-book.com.

About Canvas
Canvas makes it easy to publish data collection apps on smartphones and tablets as well as other devices such as laptops, netbooks and barcode scanning devices. Canvas reduces paper consumption, redundant data entry, and excess processes for businesses and mobile professionals. The Canvas software service enables mobile professionals to collect information using their mobile devices and share that information across their business community. This information can even be integrated with backend software systems.

Canvas also offers the first mobile business app store of its kind, allowing businesses from diverse industries to find mobile applications specific to their business that work on Android, Blackberry, Apple, and Windows mobile/desktop devices. Every Canvas application is customizable by the end user, and comes with GPS/location, image capture, barcode scanning, electronic signatures and accessibility to a customer’s own data like parts catalogs and patient records. To date, Canvas has automated nearly 400,000 manual processes/paper forms, making it one of the fastest growing mobile app services for businesses. To learn more visit http://www.GoCanvas.com.

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Related Home Appraisals Press Releases

New Feature Home at Cimarron in Gilroy

Gilroy, CA (PRWEB) January 11, 2012

DeNova Homes responds to customer demand with the Phase 3 Release of homes starting from the low $ 400,000s. The new soon to be complete Feature Home is also available with limited-time pricing from just $ 1,796.65 per month*. Located just 30 minutes from San Jose, the Cimarron new homes community has plenty of upgrades and incentives available to celebrate the new year.

The Feature Home is located at 1122 Cheyenne Drive in Gilroy and provides 5 spacious bedrooms, 3 luxurious baths, an additional loft area, and a 3-car tandem garage. This Gilroy home is priced to sell at just $ 516,000 with monthly payments as low as $ 1,796.65*

Upgrades on this new home include:

    Stone Masonry Accents on the Exterior     Beech Walnut Cabinetry     Stainless Steel Appliance Package     Charming Gas Fireplace     Upgraded Front Door with Glass Window

Cimarron is an astonishing community with excellent schools and a convenient location. The Gilroy homes have between 1,776 and 2,890 square feet with 3-5 bedrooms, both one and two story floorplans, and are available with a variety of flex space options. Standard features of Cimarron homes include professionally designed front yard landscaping with automatic sprinkler systems, full yard fencing, beautiful 13×13 ceramic tile entry way, food prep islands, and Diamante Quartz countertops with undermount stainless steel sinks. Upgrade options include flooring and countertop materials, additional rooms, alarm systems, interior paint, and crown molding choices.

To take a tour of this home or learn astir our other floorplans and options, chat with our Online Sales Concierge at http://www.CimarronGilroy.com or call our office at (888) 548-8883.

Financing based on $ 516,000 purchase price FHA loan 3.75% APR 4.4124 Builder paid temporary payment reduction. Preferred lender FHA 30 year fixed @ 1.75% year one, year two 3.75%, year 3-30 3.75% note rate. FHA loan at $ 502,919 (includes UFMIP) and a minimum FICO® score of 680. Down payment requirement of 3.5%. Payment shown includes principal and interest for one year only. Taxes, mortgage insurance premium and hazard insurance are in addition to payment shown. Financing programs, prices, specification, details and features are subject to change without prior notice. Restrictions and qualification apply.

About DeNova Homes
DeNova Homes, Inc. is a respected, family owned homebuilder in Northern California, specializing in all areas of residential construction to encountered the postulated of renters, first time home buyers, and move-up individual family purchasers alike. DeNova Homes is an award winning, community focused homebuilder with a long tradition of supporting local charities and organizations. Most rewarding of all are the hundreds of satisfied homeowners who, complete the years, have confirmed DeNova Homes’ standard of quality, lifestyle, and overestimated. For more information visit http://www.DeNovaHomes.com.

About Paradigm Real Estate Solutions
Paradigm Real Estate Solutions, Marketing Consultant to DeNova Homes, is a full service national Real Estate Sales and Marketing firm leveraging its proprietary technology platform Marketing Success Portal® to deliver the next generation of real estate solutions for homebuilders, developers and financial institutions. Paradigm Real Estate Solutions’ provides market research, proprietary web based technology and internet-centric methods. For more information visit http://www.ParadigmIntel.com.

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roadfish.com

North Palm Beach, Florida (PRWEB) January 06, 2012

RoadFish.com released today it’s 7 tips to lower housing costs. It comes following Elin Nordegren’s action of leveling her newly purchased $ 12 million home.

Over the past week, Elin Nordegren had her $ 12 million Florida mansion leveled apparently to make room to build a new one. In early 2011, Elin reached a $ 100 million settlement agreement with Tiger Woods. Immediately after this she purchased a $ 12 million home that she has now demolished.

According to EPA.gov, “Buildings in the United States contribute 38.9 percent of the nation’s total carbon dioxide emissions, including 20.8 percent from the residential sector and 18. percent from the commercial sector (2008).”

The editor of RoadFish.com is quoted as saying, “In today’s world, where there is oftentimes not quite enough to go around and people are having trouble paying their bills to rupture downward a home like this but for fun seems like it might be a bit irresponsible. I intend, there might have been something grave like termites or a roof leak that made this necessary, but I’m only sayin’.“

The 7 tips released today at RoadFish.com contain such things as buying when the market is low-toned and selling when the market is eminent, dwelling someplace “ghetto”, but nerveless, refinancing your mortgage, leasing your home, and couch surfing in addition to other pragmatic tips.    

According to Carl Heldmann, nationally acclaimed author and housed builder, it costs approximately $ 100 per squarely foot for labor and materials alone to build a home anywhere in the United States. Assuming Elin Nordegren determining to rebuild her home at approximately the same size it was which was 9,000 square feet then the cost to rebuild her home will be at least $ 900,000 dollars. The editor or RoadFish.com estimates that since her tastes seem so refined, Elin’s housed will come out in excess of $ 2 million.

RoadFish.com has compose its’ 7 tips for saving on housing costs as a tongue in cheek response to Elin leveling on her newly purchased $ 12 million home.

About RoadFish.com

RoadFish.com is an online men’s finance & lifestyle magazine targeted toward men in their 30′s and 40′s that have already attained a moderate level of success in life, and are striving toward more. It discusses current events of interest to this group, such things as consumer education, dating, as well as ways to make more and save more money. It is a publication owned by Purpose Inc.

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More Refinance Mortgage Press Releases

Khan Academy style presentation by a CFP(r) Professional of explaining mortgage loans, fixed vs. ARM loans, interest rates, refinancing, and Obama’s Home Affordable Refinance Program (HARP).
Video Rating: / 5

Chicago, IL (PRWEB) December 29, 2011

Clopton Capital is a semi truck financing provider and is located in Chicago, IL. They primarily focus on commercial mortgages, SBA loans and niche financing mechanisms such as gas station loans and owner operator financing. The founder of Clopton Capital is Jake Clopton and this press release is part of Clopton Capital’s consistent effort to remain involved with the public, namely their future clients. Clopton Capital can be contacted at CloptonCapital.com.

Clopton Capital wants to propose and develop numerous improvements to the commercial lending industry on a holistic level. For one, they believe an industry standard form should be drafted for the use of field underwriting within the commercial lending industry. They believe this would would make underwriting commercial loan risk more turn key and more simplistic to understand. Second, the firm believes an electronic referral network with legal binding referral commissions should be established to make it easier for one commercial lending entity to refer business to another and to be sure they will be compensated.

The firm does not believe it is feasible for them to establish and implement these ideas on their own but would like to network with other firms to create them. “We obviously aren’t ready, willing, or able to do this on our own, but we would love to network with other commercial lenders who believe this industry could operate more smoothly with a little bit of organization,” said Matt Reed, an associate of Clopton Capital.

“We need more solidarity in this industry which will benefit all of us in the end. Currently there are solid protocols for how to process and underwrite business and it’s increasing the transactional cost for all of us,” told Jake Clopton, the founder of Clopton Capital.

Clopton Capital can be contacted at their website CloptonCapital.com or at 866.647.1650 during regular business hours central time. Their website contains more specific information about their business loans. Their website dedicated entirely to semi transporting financing is SemiTruckSource.com.

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, Vocus PRW Holdings, LLC. Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.

Related Mortgage Loan Press Releases

Security America Mortgage – VA Home Loan Experts

orida, Hawaii, California, Illinois, Colorado, Arkansas, Georgia (PRWEB) December 23, 2011

North Carolina, Texas, Oklahoma, Fl Due to the overpowering involve of fiscal preparedness education in America for military veterans and combat-ready-duty personnel, mortgage loan support and VA loan services are nowadays being sponsored by Security America Mortgage, Inc., the VA loan company that ranked high by veteran home buyers as one of the top urged companies servicing the mortgage imparting industry. The VA loan experts got jointly within the company latterly to carry data from a societal study over a group of veterans and combat-ready-duty military personnel who were antecedently habituated to living on base and/or abroad in the barracks. The societal experiment was acquired by Security America Mortgage in order to address the great core concerns and needs of the “mean VA client home buyer”.

HERE IS WHAT THE VA LOAN EXPERTS LEARNED ABOUT THE MILITARY MIND:
The results of the social study concluded that the majority of veterans who were fresh from living the military lifestyle had to learn how to manage money all over again, fast, and from a civilian perspective with little assistance. With the United States economy still in recession, many military families are experiencing financial depression when being faced with high monthly mortgage payments. This is especially true for military families who are welcoming their primary caregivers/veterans heroes back home from deployment in overseas.

Also, according to the data collected, most of the veterans affirmed that they have not lived the civilian life before, which was why they were less likely to know what help was out there to support them financially (or emotionally), how (or where) to get help, and more importantly – WHO to reach to get the better, most accurate, reliable information they need for the smoothest transition into civilian living.

The social study results mainly provided proof of there being a huge need for veteran community support, and since then, Security America Mortgage, Inc. have restructured their goals for established the newly developed sponsorship programs that help to assist veterans in cities all around the United States. To start cancelled on the right foot in the correct direction toward financial freedom, the VA Loan Experts urged the press to share the benefits of the three different VA loan refinancing options – which are named below as promised:

VA Loan Refinance Option #1 – VA Streamline Refinance – Interest Rate Reduction Loan (IRRL):

VA contoured refinancing loan can be used when you already have a VA internal loan financed with your current home. The only conclude you would choose to refinance would be to attaining a lower interest rate using a “VA Interest Rate Reduction Loan (IRRL)”. The VA IRRL enables low interest rates on a current VA home lent and it can be achieved with no out-of-pocket closing costs to the homeowner – which is great!

The Benefits of a VA Streamline Refinance – Interest Rate Reduction Loan (IRRL)

No appraisal required. No income or credit background check to qualify. No monthly bonding insurance. Only .5% funding fee on totally interest reductions. No out-of-pocket costs.

VA Loan Refinance Option #2 – “Cash-Out” or Debt Consolidation Refinance:

If there is equity in the current VA lending financed with the home needing to be refinanced, the VA benefits give eligible veterans the option to refinance the VA home loan currently financed on the home – and then to receive a “cash away” payment that is up to 90% of the home’s equity value. The money left over from the housed’s appraised and calculated overvalued can then be used for anything like;
1. Paying off credit card debts,
2. Remodeling home improvements, or
3. Save money for retirement.

The Benefits of a “Cash-Out” or Debt Consolidation Refinance:

You can take cash out up to 90% of your home Monthly mortgage insurance is not required No out-of-pocket closing costs

VA Loan Refinance Option #3 – Conventional to VA Refinance Loan:

The Conventional to VA Refinance option requires a fund fee, which the government charges to insure a VA Home Loan with the lender. The fee is 2.2% for veterans who are first-time users for this type of loan. The good thing about the Funding Fee is that it can be financed into the cost of the loan.

The Benefits of a Conventional to VA Refinance Loan:

No monthly mortgage insurance The new interest rate may be low – AND if the veteran has less than perfect credit, they may be capable to get the like low interest rates available to those with great credit. The “cash-out” option can be take, adding up to 90% with a VA financing No out-of-pocket closing costs

Reducing the rate is one of the many VA loan advantages that optimize VA home loan benefits. Without a doubt, Security America Mortgage, Inc. continue to grow as VA loan experts with their knowledge and persistence in leading the driving force behind financial security and freedom for all military affiliates. For veterans and active-duty military service members who are looking to save a significant amount of money on their mortgage loan by lowering the monthly payments, using a VA loan refinance option is the first step to take in order to accomplish their home mortgage debt freedom. With a more aggressive approach to inform veterans and military members about the three different VA loan refinance options available, Security America Mortgage will help veterans learn how to use VA loans to lower their monthly mortgage payments – by hundreds and even thousands of dollars a month!

To find out which VA loan refinance option BEST FITS your home mortgage financial needs please contact a VA Loan Specialist with Security America Mortgage, Inc. – toll free: 888-864-0726!

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Many owners vacating foreclosed homes are selling off all the fixtures before they leave, further depressing home values, even their neighbors’, reports Kelly Cobiella.

www.e-farmcredit.com

Louisville, KY (PRWEB) December 20, 2011

Before any new house can really become a home, it needs some furniture, and the same can be said for Obion County Central High School’s new Learning Center in Tennessee. Now, thanks to a $ 8,000 gift from Farm Credit Services of Mid-America, that won’t be a problem.

Farm Credit’s donation was made last week at a presentation ceremony at the high school. Jerry McCullough, a financial services officer from Farm Credit’s Dresden field office, said that the gift was just one of the ways that Farm Credit tries to be an active supporter of youth and the rural communities it serves.

“We’re always looking for ways to help out in our communities, whenever we can,” he said. “Projects like this direct tally to the part of our mission to support youth and further educational opportunities.”

The unexampled 30’ X 60’ structure, which is presently halfway in construction, is scheduled to be completed by a May 12, 2012 deadline. When finished, it will contain a 30’ x 30’ acquiring center, a 20’ x 30’ kitchen and restroom area, and a 10’ x 30’ storage space. In addition to the larning center, an unexampled greenhouse will too be built on the eminent school’s campus as part of the whole project.

The new learning center will greatly enhance the learning environment for the school’s vo-ag program, as well as its FFA chapter. In addition, it will also be available to agriculturally-related community groups, such as Extension-sponsored meetings, Master Gardeners, and more.
“The new facility is an absolutely tremendous addition to our vo-ag and FFA programs and will also be a draw for community ag groups,” told Stewart Watson, ag teacher and FFA advisor at the eminent school. “It will also bring more attention to agriculture in this area.”

The $ 250,000 structure was built largely with the assistance of grants from USDA and a state Ag Enhancement grant, as well as generous community contributions. However funds were lacking for some of the basics to put the finishing touching on the project, like furniture, fixtures, and appliances. School officials put some feelers out to the community for help to finish the final leg of the project and Farm Credit responded.

“We’re glad for the opportunity to be part of something like this,” said McCullough. “This new facility should greatly enhance the opportunities for youth and ag-related groups in the county.”
Watson, along with fellow first-year vo-ag instructor Sarah Baker, is excited about the growth taking place in the Obion CC HS ag and FFA programs, and sees the new learning center as providing a real hiking to those programs.

“Our vo-ag and FFA programs have been growing the past few years, and our goal is to become competitive at the state level in the very near future,” he said. “We feel this new facility will help us to do that.” Watson also expressed appreciation to Farm Credit for its assistance.

“As nice as the new facility will be, it wouldn’t be complete or functional without furniture, fixtures, and appliances,” he said. “We’re very thankful for their continued support of our vocational department and our FFA program.”

About Farm Credit Services of Mid-America:

Farm Credit Services of Mid-America is a $ 17.1 billion financial services cooperative serving over 92,d farmers, agribusinesses and rural residents in Kentucky, Ohio, Indiana and Tennessee. The association provides loans for all farm and rural living purposes including including real estate, operating loans,equipment loans, and housing lending. FCS also provides a ranging of financial services, including crop insurance and leases. For more information about Farm Credit, call 1-800-444-FARM or see them on the web at http://www.e-farmcredit.com.

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Fairfax, VA (PRWEB) December 15, 2011

Residential mortgage lender Patrick Cunningham, Senior Vice President at Home Savings & Trust Mortgage, is responsible for lending millions of dollars each year to eligible Veterans in Virginia and Maryland. The Patrick Cunningham Team is proud to announce the launch of a new website specifically for Veteran’s Affairs borrowers. This new site has information on how to apply for a Veterans Affairs home loan, how to connect with a reputable company to help improve credit, frequently asked questions about VA loans, and how to apply online.

The Patrick Cunningham Team is also offering a complimentary report for all Veterans and active duty military. The report is titled “Seven deadliest mistakes when getting a VA home loan.” This report was developed by Veterans Affairs financing experts and underwriters that have worked with the VA loan program for over 30 years. It will save Veterans money, time, and headaches when buying a new home or refinancing their current VA loan.

In addition to being a local market leader with the Veterans Affairs Home Loan product, the Patrick Cunningham Team is also dedicated to honoring servicemen and women by making a donation to the Wounded Warrior Project for every VA loan transaction completed. The mission of the Wounded Warrior Project (WWP) is to honor and empower wounded warriors. Its purpose is to raise awareness and enlist the public’s aid for the needs of severely injured service men and women, to help severely injured service members aid and assist each other, and to provide unique, direct programs and services to meet the needs of severely injured service members.

Visit http://www.novavetloans.com/ for more information.

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