Las Vegas Loan Modification

looking to invest in some houses. how do you see real estate in 5 years in las vegas? doyou think ill lose money

Las Vegas will be one of the last places to recover - there are no jobs and tons of houses for sale with no buyers, so there is nothing to really make the homes increase in value - supply and demand does that - there is no demand - if you are buying as a rental property for investment, you might not be able to find any tenants, so in that respect you will lose money because you’ll be stuck paying the mortgage out of your pocket, instead of with rent money

I want to refinance since the rates are low, do I have to only go through countrywide since they have my mortgage?? I want to take advantage of the low rates but I have no clue what to do now. Could I possibly go to another bank and refinance??

You can refi with any lender you want

Unlucky 7: Big Dems With Big Problems

While the midterm elections are still more than a year away, Republicans are beginning to lick their chops as rising unemployment rates, a record federal deficit and President Obama’s slipping support signal possible double-digit losses for Democrats in the House and key defeats in the Senate.

The GOP is aiming high, hoping to knock off some Democratic leaders, in addition to lawmakers with less seniority. The races are still wide open, and incumbents traditionally are tough to beat.

Here’s a look at seven of the biggest Democrats facing the biggest threats in the upcoming elections.

Harry Reid
The Senate majority leader is trailing two GOP candidates in next year’s race in Nevada.
Danny Tarkanian, a former University of Nevada-Las Vegas basketball player and son of a legendary basketball coach, leads Reid 50 to 43 percent in a hypothetical head-to-head.
Sue Lowden, former chairwoman of the Nevada Republican Party who officially launched her campaign Thursday, is leading Reid 50 to 40 percent, according to a recent poll by Rasmussen Reports.
But many political analysts believe Reid will prevail because of his opponents’ lack of prominence.

Source: Photo: AP

Chris Dodd
The Connecticut senator, chairman of the Banking Committee and perhaps the most vulnerable Senate Democrat in 2010, is facing the toughest re-election fight of his nearly 30 years in Congress.
Polls show him trailing former GOP congressman Rob Simmons, and he’s also facing competition from Linda McMahon, wife of WWE executive Vince McMahon.
Dodd’s popularity has tumbled in the wake of the financial meltdown and his failed 2008 presidential bid. He provoked a home-state backlash after temporarily moving his family to Iowa before his poor showing in the caucuses there.
Dodd has been criticized for collecting Wall Street contributions while chairing the Senate banking panel. He’s also come under fire for his role in writing a bill that protected bonuses for executives at bailed-out insurer American International Group Inc. and for allegations he got favorable treatment on two mortgages with Countrywide Financial Corp.

Source: Photo: AP

John Murtha
The Pennsylvania Democrat, chairman of the House Defense Appropriations Subcommittee, has been dogged by a federal corruption investigation into his ties to a Washington lobbying firm. And he has drawn national attention for being critical of his own constituents, once even suggesting that many of them are racist.
He is facing a well-heeled opponent, the third time since his criticism of the Iraq War gave Republicans ammunition.

Source: Photo: AP

Ike Skelton
The Missouri congressman, chairman of the House Armed Services Committee, is facing challenges from five Republicans in his first competitive race since being elected in 1976.
His rural district favored John McCain in last year’s presidential election by 60 percent.

Source: Photo: AP

David Obey
Obey, a longtime Wisconsin congressman, is chairman of the influential House Appropriations Committee and is considered the architect of the stimulus package that is at the center of a fierce partisan battle over the current economic recovery.
He faces tough GOP opposition from a local district attorney, Sean Duffy, who is a former star of MTV’s reality series "The Real World."
Duffy told the Washington Independent that he’d raised $140,000 for the third quarter, more than half as much as Obey’s challenger raised for the entire 2008 election cycle.

Source: Photo: AP

Barbara Boxer
The California senator, who has taken heat in recent months for clashes at Senate hearings, is facing a potentially tough election challenge from prominent businesswoman Carly Fiorina, who is within striking distance in a recent poll.
A Rasmussen Reports poll in the summer showed that Fiorina is trailing by only 4 percentage points in a hypothetical head-to-head with the three-term incumbent. The poll put Boxer’s support in such a face-off at only 45 percent, with 7 percent of survey respondents saying they’re undecided.

Source: Photo: AP

Blanche Lincoln
Lincoln took control of the agriculture committee after Sen. Tom Harkin was tapped to lead the health committee following Sen. Ted Kennedy’s death.
Lincoln, a moderate Democrat from Nebraska, is a staunch supporter of government farm subsidies, yet she faces a tough re-election in a decidedly conservative state that President Obama lost by 20 percentage points last year.
Her prospective Republican opponent, state Sen. Gilbert Baker, already has raised hundreds of thousands of dollars for his campaign.

Source: Photo: AP

http://www.foxnews.com/slideshow/politics/2009/10/17/reid-dodd-obey-murtha-skelton

Dodd is probably in the biggest trouble.

Reid always seems to snake out a win.

Voters in California and in Murtha’s district are too stupid to vote either of them out.

The rest are a toss up.

I feel so guilty about filing for a divorce. I started to feel that perhaps I had not given my husband an opportunity to correct the problems. First, I feel that my husband has tried to use me, and get by on doing the least financially. Two and a half years ago my husband moved here from Florida. He told me that he was a financial advisor, which lead me to believe he was financially responsible. A lie. He moves into my home and is only about to contribute a few hundred dollars a month. He after all has a car payment, cell phone, GSL, IRS debt, and child support. I have expressed to him that he needs to help more, his reply is that we are in a reccession. That has been his answer for everything!!!! After a year of living with me, he decides that we can go on a trip to Las Vegas. I knew we could not afford it. His idea was that we defer the mortgage payment for a few months, (because of the reccession the mortgage co. will work with us). We get married, and three weeks later he loses the only sound job he had of six months. By the way, he has changed jobs four times in two year. He will work, even if its just above minimum wage, yet he is a college graduate.
My mortgage co. is now going to foreclose on the house. I am now in several thousand dollars in credit card debt. My god this man actually had an attitude with me because i did not offer to pay for his airfare on my credit card. I was being selfish and only thinking of myself according to him. He claims that he loves me and is committed to this relationship110%. He claims its all about money with me. I want out of this!!!! I see the writing on the wall!! I filed and paid in full for a divorce, but because I am so nice I have not decided to procreed. I can’t get by on his love and friendship alone.!!!! Please help!!!

You chose to believe what you wanted to believe about him, he never lied. You ASSumed that because he adviser be a financial adviser that he was financially responsible, he didn’t TELL you that you ASSumed, it, that was YOUR lie. So you ALLOWED him to move in with him based upon your ASSumption. YOU should have gotten to know him well enough to know his finances BEFORE you had him move in with you. That wasn’t HIS fault that was YOUR fault. Then to top it off you CHOSE to marry him! No, actually you CHOSE to marry the fantasy you had created rather than the real person. And because the real person hasn’t lived up to your fantasy you want to blame him! There were clearly red flags all over the relationship and you CHOSE not to see them. Again not HIS fault.
Clearly YOU are not mature enough to enter into an actual relationship because you’re live in "fantasy land". Once you get out of the mess you put yourself into I suggest you LEARN from your mistake, and start living in the real world. And don’t blame others for the choices that YOU make based upon YOUR fantasies.

By the way I would have known him a hell of a lot better than you did BEFORE I even got invovled with him let alone had him move in with me or marry the guy.

I feel so guilty about filing for a divorce. I started to feel that perhaps I had not given my husband an opportunity to correct the problems. First, I feel that my husband has tried to use me, and get by on doing the least financially. Two and a half years ago my husband moved here from Florida. He told me that he was a financial advisor, which lead me to believe he was financially responsible. A lie. He moves into my home and is only about to contribute a few hundred dollars a month. He after all has a car payment, cell phone, GSL, IRS debt, and child support. I have expressed to him that he needs to help more, his reply is that we are in a reccession. That has been his answer for everything!!!! After a year of living with me, he decides that we can go on a trip to Las Vegas. I knew we could not afford it. His idea was that we defer the mortgage payment for a few months, (because of the reccession the mortgage co. will work with us). We get married, and three weeks later he loses the only sound job he had of six months. By the way, he has changed jobs four times in two year. He will work, even if its just above minimum wage, yet he is a college graduate.
My mortgage co. is now going to foreclose on the house. I am now in several thousand dollars in credit card debt. My god this man actually had an attitude with me because i did not offer to pay for his airfare on my credit card. I was being selfish and only thinking of myself according to him. He claims that he loves me and is committed to this relationship110%. He claims its all about money with me. I want out of this!!!! I see the writing on the wall!! I filed and paid in full for a divorce, but because I am so nice I have not decided to procreed. I can’t get by on his love and friendship alone.!!!! Please help!!!

You chose to believe what you wanted to believe about him, he never lied. You ASSumed that because he adviser be a financial adviser that he was financially responsible, he didn’t TELL you that you ASSumed, it, that was YOUR lie. So you ALLOWED him to move in with him based upon your ASSumption. YOU should have gotten to know him well enough to know his finances BEFORE you had him move in with you. That wasn’t HIS fault that was YOUR fault. Then to top it off you CHOSE to marry him! No, actually you CHOSE to marry the fantasy you had created rather than the real person. And because the real person hasn’t lived up to your fantasy you want to blame him! There were clearly red flags all over the relationship and you CHOSE not to see them. Again not HIS fault.
Clearly YOU are not mature enough to enter into an actual relationship because you’re live in "fantasy land". Once you get out of the mess you put yourself into I suggest you LEARN from your mistake, and start living in the real world. And don’t blame others for the choices that YOU make based upon YOUR fantasies.

By the way I would have known him a hell of a lot better than you did BEFORE I even got invovled with him let alone had him move in with me or marry the guy.

What do you think the market will do from here to 2012?

my crystal ball shows it very Cloudy outlook

The condo market has collapsed.

Since mid-2006, the condo sales frenzy in big cities like Washington, D.C., Las Vegas, Miami and Boston has rapidly run out of steam. Sales are stuck in neutral, a tsunami of new construction has drowned the market in unsold inventory, and prices have either flattened or begun to fall.

And while there are signs that the worst of the housing slump may be improving, as construction slows and interest rates remain affordable, there seems to be no relief on the horizon for condo markets.

Across the country condominium sales have seen worse drops than single-family properties: 13.6 percent from November 2005 to the same month in 2006, while free-standing homes fell 10.7 percent in the same period. Inventories are up 38.1 percent for condos but only 29.6 percent for individual homes, according to the National Association of Realtors. The national median price - half the condos sold for more and half for less - has seen no improvement in the last year: it was at $224,600 in November, unchanged from November 2005.

The Chicago condo market-just like the national real estate market in general-is overflowing with unsold inventory. The most recent data available shows that there are well over 90,000 Chicago homes and condos available for sale.

With conditions like this working against you, you’ll have to work smart and hard to beat your competition when marketing your Chicago condo. Here are the 7 best strategies we’ve found that you can use to attract qualified buyers:

1) Go and see the competition firsthand. Also, get a Realtor’s help-or do some internet research-to find condos for sale in your neighborhood. Know what prices other people are asking. There are many ways to check out condo values, and buyers know them all. In today’s market, if you overprice your Chicago condo, it absolutely will not sell.

2) Pay for an appraisal of your Chicago condo that sets it at the highest possible value, and use this appraisal in your advertising. Check around for similar condos in your area, and ask for 5% less than all your competitors.

3) Build a website for your condo (or have one of your nieces or nephews do it). It’s cheap and fairly easy to do. You need to have material on the internet-that’s where more and more buyers are going to search for condos. Feature a lot of pictures of you and your family enjoying the place, and include as much detail as you can about your Chicago condo. It’s the details that sell.

4) Make brochures with a “look” similar to your website’s and reference your website in them. Hand the brochures out whenever you can.

5) Offer to pay ALL your buyer’s closing costs. Most buyers are able to afford a mortgage payment, but many have problems coming up with large amounts of cash up front. The savings you offer could be a huge help to potential buyers.

6) Send postcards to everyone in your building letting them know your Chicago condo is for sale. If the people who get your postcards have friends or family members looking for a condo, they’ll pass the word along. And a lot of people like to live in a building where they know someone. Check your Yellow Pages under “Advertising-Direct Mail” to find a company that will handle this for you.

7) Promise your selling Realtor a closing bonus-make it $2,000 or more. Realtors only get paid when a deal closes, and the majority of Realtors are part-timers who only close on 1 to 3 homes a year. Make up flyers to advertise your offer and send them to all the real-estate offices near you. When Realtors see your bonus offer, they’ll work hard to sell your condo.

Use these simple-but powerful-strategies to get your Chicago condo noticed by qualified buyers . . . to set an asking price that they can’t turn down . . . and close the deal. You’ll be sitting back counting your money while your competitors’ condos sit for months on the MLS.

John T. Ormond
http://www.articlesbase.com/real-estate-articles/7-tips-for-selling-your-condo–fast-95122.html

The city Dubai has become the first choice for those who want to invest in real estate properties. In Dubai there is a continuous process of growth and opportunities in the real estate market. The quick returns of the investment and the rental guarantee are some of the factors that have attracted the numerous investors in Dubai real estate market. If there is a product that has demand, then the market has to supply that product. Actually, it is a city that fills your all demands.

The groundbreaking changes which are taking place in the real estate market of Dubai are absolutely amazing. If you consider it closely at the details of evolving constructions and properties in the growing market of Dubai, you must become wordless. It looks as if all these towers and communications are coming out of thin air.

The luxury and the fashionable constructions mark the Dubai real estate properties. In fact some of the areas such as Discovery Gardens, International City and Dubai Sports City have become world famous for the luxurious properties.

So, if you’re looking to buy properties in Dubai then you should take into your considerations such places as Palm Jumeirah and Palm Jebel Ali signature villas, garden homes, garden villas, water homes and shoreline apartments which are the fastest moving properties on the local market here at the moment.

Many investors, however, believe that it is better to invest the accumulated capital of a person in the growing areas such as Las Vegas and New York. They believe that real estate investment there means to get high returns. But there are also some shortcomings in doing business in Paris, Las Vegas, New York or even London. For doing business in those places you have to pay excessive amount of money. You will have to pay up for various things like buying the land, interpreting foreign ownership and tax laws and other costs related to real estate investments.

But in respect of these costs you will have great benefits in Dubai. But in respects of the communication facilities as well as other modern amenities the city has also great offers. At Dubai you will have easy access of airport, luxury entertainments, a great landscape and all the amenities that a hotel with international standards has and what the luxury residents would desire to have. For these reasons Dubai is a dream city for the property investors.

If you have a little idea about the Dubai real estate properties you may have heard the names of such properties as the Palm Islands, The World, Dubai Marina, Dubai Waterfront, Business Bay, Dubai land and The Burj Dubai Complex. These properties are home to skyscrapers such as Emirates Towers and the Burj al-Arab. The Burj al-Arab is located on offshore property in the Persian Gulf. The Burj al-Arab is currently the tallest hotel in the world. Another well-known property in Dubai is the Business Bay. The new business district is to be home to five hundred skyscrapers, all of which are going to be built on land that was lifted from the Dubai Creek.

So consider investing in Dubai property or you may lose the chance forever.

Greath Owen
http://www.articlesbase.com/real-estate-articles/an-overview-of-ever-growing-dubai-real-estate-market-749248.html

The city Dubai has become the first choice for those who want to invest in real estate properties. In Dubai there is a continuous process of growth and opportunities in the real estate market. The quick returns of the investment and the rental guarantee are some of the factors that have attracted the numerous investors in Dubai real estate market. If there is a product that has demand, then the market has to supply that product. Actually, it is a city that fills your all demands.

The groundbreaking changes which are taking place in the real estate market of Dubai are absolutely amazing. If you consider it closely at the details of evolving constructions and properties in the growing market of Dubai, you must become wordless. It looks as if all these towers and communications are coming out of thin air.

The luxury and the fashionable constructions mark the Dubai real estate properties. In fact some of the areas such as Discovery Gardens, International City and Dubai Sports City have become world famous for the luxurious properties.

So, if you’re looking to buy properties in Dubai then you should take into your considerations such places as Palm Jumeirah and Palm Jebel Ali signature villas, garden homes, garden villas, water homes and shoreline apartments which are the fastest moving properties on the local market here at the moment.

Many investors, however, believe that it is better to invest the accumulated capital of a person in the growing areas such as Las Vegas and New York. They believe that real estate investment there means to get high returns. But there are also some shortcomings in doing business in Paris, Las Vegas, New York or even London. For doing business in those places you have to pay excessive amount of money. You will have to pay up for various things like buying the land, interpreting foreign ownership and tax laws and other costs related to real estate investments.

But in respect of these costs you will have great benefits in Dubai. But in respects of the communication facilities as well as other modern amenities the city has also great offers. At Dubai you will have easy access of airport, luxury entertainments, a great landscape and all the amenities that a hotel with international standards has and what the luxury residents would desire to have. For these reasons Dubai is a dream city for the property investors.

If you have a little idea about the Dubai real estate properties you may have heard the names of such properties as the Palm Islands, The World, Dubai Marina, Dubai Waterfront, Business Bay, Dubai land and The Burj Dubai Complex. These properties are home to skyscrapers such as Emirates Towers and the Burj al-Arab. The Burj al-Arab is located on offshore property in the Persian Gulf. The Burj al-Arab is currently the tallest hotel in the world. Another well-known property in Dubai is the Business Bay. The new business district is to be home to five hundred skyscrapers, all of which are going to be built on land that was lifted from the Dubai Creek.

So consider investing in Dubai property or you may lose the chance forever.

Greath Owen
http://www.articlesbase.com/real-estate-articles/an-overview-of-ever-growing-dubai-real-estate-market-749248.html

The city Dubai has become the first choice for those who want to invest in real estate properties. In Dubai there is a continuous process of growth and opportunities in the real estate market. The quick returns of the investment and the rental guarantee are some of the factors that have attracted the numerous investors in Dubai real estate market. If there is a product that has demand, then the market has to supply that product. Actually, it is a city that fills your all demands.

The groundbreaking changes which are taking place in the real estate market of Dubai are absolutely amazing. If you consider it closely at the details of evolving constructions and properties in the growing market of Dubai, you must become wordless. It looks as if all these towers and communications are coming out of thin air.

The luxury and the fashionable constructions mark the Dubai real estate properties. In fact some of the areas such as Discovery Gardens, International City and Dubai Sports City have become world famous for the luxurious properties.

So, if you’re looking to buy properties in Dubai then you should take into your considerations such places as Palm Jumeirah and Palm Jebel Ali signature villas, garden homes, garden villas, water homes and shoreline apartments which are the fastest moving properties on the local market here at the moment.

Many investors, however, believe that it is better to invest the accumulated capital of a person in the growing areas such as Las Vegas and New York. They believe that real estate investment there means to get high returns. But there are also some shortcomings in doing business in Paris, Las Vegas, New York or even London. For doing business in those places you have to pay excessive amount of money. You will have to pay up for various things like buying the land, interpreting foreign ownership and tax laws and other costs related to real estate investments.

But in respect of these costs you will have great benefits in Dubai. But in respects of the communication facilities as well as other modern amenities the city has also great offers. At Dubai you will have easy access of airport, luxury entertainments, a great landscape and all the amenities that a hotel with international standards has and what the luxury residents would desire to have. For these reasons Dubai is a dream city for the property investors.

If you have a little idea about the Dubai real estate properties you may have heard the names of such properties as the Palm Islands, The World, Dubai Marina, Dubai Waterfront, Business Bay, Dubai land and The Burj Dubai Complex. These properties are home to skyscrapers such as Emirates Towers and the Burj al-Arab. The Burj al-Arab is located on offshore property in the Persian Gulf. The Burj al-Arab is currently the tallest hotel in the world. Another well-known property in Dubai is the Business Bay. The new business district is to be home to five hundred skyscrapers, all of which are going to be built on land that was lifted from the Dubai Creek.

So consider investing in Dubai property or you may lose the chance forever.

Greath Owen
http://www.articlesbase.com/real-estate-articles/an-overview-of-ever-growing-dubai-real-estate-market-749248.html