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Real E-Stating the Facts about Home Buying »
Inform | 2009-07-02 14:30:45
Probably the largest purchase most people make in their lives is a house or a nice apartment. Real estate is expensive, but it is often a good investment, not to mention a home for a family. Right now, the recession has created a more uncertain market for sellers, but the fact that home prices have been dropping is great for buyers.
In addition, the demand for home loans has increased again, showing that the real estate downturn could be slowing. Of course, making the decision to buy a house is ...
Home Ownership Vocabulary »
Inform | 2009-07-02 14:30:45
They are scary words to a first-time home buyer. Mortgage, guarantors, financing... they can see jumbled and confusing, especially with a pushy realtor. Sometimes the best strategies are to research the information as best as you can, especially learning the definitions of these phrases. Let's start with the basics: Real estate is land, improvements on it, and the rights to own or use them.
A title is the right to ownership of a property. A guarantor is someone who backs you up financially and pledges your loan will be ...
New bubbles rising in China property market: media »
AFP Global Edition | 2009-07-03 08:00:14
China's recent moves to ease curbs on the real estate sector have sent prices soaring recently, stoking fears that new property bubbles are forming, according to state media. Residential property prices in Beijing's Central Business District rose 6.5 percent in the past week and demand for second-hand houses in some other areas is four times the supply, said the China Daily, citing brokerage Homelink. It said a land parcel in Beijing, which was withdrawn from a public tender due to a lack of bidders only 15 months ...
Obama praises Civil Rights Act's 45th anniversary »
AP News | 2009-07-02 20:02:12
President Barack Obama says the Civil Rights Act opened doors for freedom but inequities remain on the legislation's 45th anniversary. On Thursday, Obama released a statement praising the 1964 law that ended legal discrimination. Obama says Americans must continue to break down barriers to equality and fulfill the promises of that legislation. Obama says the act won passage because Americans of all backgrounds "stood up, sat down, and marched in freedom's cause" together.
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