Downtown Vacancy May Soon Be Filled
Published Tuesday, May 16, 2006 by Real Estate Pro."It's a dead, lifeless building," said Sheldon Oppermann, of Compass Properties LLC, which owns the 80,000-square-foot building at 731 N. Water St. Compass, which also owns the neighboring 295,000-square-foot office building at 735 N. Water St., is seeking financing -including help from City Hall - to revitalize both properties. That would help draw more businesses to 735 N. Water, which has lost tenants in recent years to newer downtown buildings.
Tagged: Illinois
Downtown Vacancy May Soon Be Filled
Internet Is A BIG Equalizer For Small Appraisal Businesses
Published Sunday, May 14, 2006 by Real Estate Pro.Nelson, who teaches courses on online business, and Elizabeth Binning, director of the McLean County Small Business Development Center at ISU, plan to offer an e-commerce seminar in the fall.The class will teach small business owners about start-up strategies, different Web site designs and characteristics that make certain pages successful. For example, Web sites should offer more than just the product to sell, she said.
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Internet Is A BIG Equalizer For Small Appraisal Businesses
How Much Is My House Worth?
Published by Real Estate Pro.If a comparable sold for $242,000, with one less bathroom than your home, and a bathroom is worth $15,000 in your area (ask a real estate agent for help with these figures), then you ADD $15,000 for the bathroom it doesn't have. Subtract, say $5,000, for the paved driveway it does have, that your home doesn't have. $242,000 plus $15,000, minus $5,000 gives you a comparable sales price of $252,000.
Tagged: [existing_link:e10535ce6d70fe744e0a8d799d9c3cd0]
How Much Is My House Worth?
2005 Annual Report - City of Bloomington - Real Estate Assessment Statistics and Trends
Published by Real Estate Pro.A Summary of Changes for the 2005 Assessment Year: Changes were made to 2,089 property assessments. Over $51.5 million in new residential and commercial construction were added to the tax rolls. "Changes in the lending rates have slowed the real estate market slightly. Collecting new property data, valuing new and existing parcels, notifying owners about changes in their values are all part of the ongoing assessment function each and every year."
Tagged: Illinois
2005 Annual Report - City of Bloomington - Real Estate Assessment Statistics and Trends
Bankers Oppose New Illinois Appraiser Licensing Amendment - ICAP Supports The Bill
Published Saturday, May 13, 2006 by Real Estate Pro.The following information has been provided by the Illinois Coalition of Appraisal Professionals (ICAP) Board SUPPORT AMENDMENT #2 SB482 - Click here for the full bill. Illinois appraisers, please call your State Rep and Senator today urging them to support House Amendment # 2 and oppose the Bankers Amendment #4 for a full exemption to Senate Bill 482. The ICAP Board Appraisal, Real Estate, Appraiser, USPAP, RESPA
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Bankers Oppose New Illinois Appraiser Licensing Amendment - ICAP Supports The Bill
Borrowers Urged To Get Independent Appraisal
Published by Real Estate Pro."No tenants are found, no rental payments are collected, no mortgage payments are made, the house goes into default -- turns out it's not worth anything -- and the borrower is left holding the bag and their credit is destroyed," says Rachel Dollar, a lawyer in Santa Rosa, Calif., who represents lenders in mortgage-fraud cases. But many borrowers simply don't want to be on the hook for more money than their homes are worth.
Tagged: Illinois
Borrowers Urged To Get Independent Appraisal
House Sales Up in March - Local B-N
Published Thursday, May 11, 2006 by Real Estate Pro.BLOOMINGTON -- In March, 98 more homes sold in Bloomington-Normal compared to February, putting year-to-date sales 38 units ahead of 2005.
During March, 45 new homes and 204 existing home sold compared to 20 and 131, respectively, in February. The Illinois Association of Realtors has not yet released March sales.
Total Illinois home sales reached 9,936 homes, up 1.8 percent from February 2005.
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House Sales Up in March - Local B-N
Your Mortgage Application Is For Sale
Published by Real Estate Pro.Your loan officer may be unaware, but behind his or her back key financial details about you and your mortgage needs are being hawked to competing lenders within 24 hours of your credit bureau inquiry.
Firms such as Mortgage Inquiry Data of Coral Springs, Fla., offer interested lenders nationwide ``access to everyone in your city who applied for a mortgage loan within the past 24 hours.
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Your Mortgage Application Is For Sale
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- Downtown Vacancy May Soon Be Filled
- Internet Is A BIG Equalizer For Small Appraisal Businesses
- How Much Is My House Worth?
- 2005 Annual Report - City of Bloomington - Real Estate Assessment Statistics and Trends
- Bankers Oppose New Illinois Appraiser Licensing Amendment - ICAP Supports The Bill
- Borrowers Urged To Get Independent Appraisal
- House Sales Up in March - Local B-N
- Your Mortgage Application Is For Sale
- Migration Patterns in U.S. Show Move to South, West
- Using Appraiser Trainees - The Safe Way