First Time Home Buyers: The Housing Market’s Key Players

<b>First Time Home Buyers: The Housing Market’s Key Players</b>“></td>
<p>(<a href=NewsUSA) – First-time homebuyers, more than any other demographic, stand to benefit the most in today’s real estate market.

In fact, a recent survey commissioned by reveals that 23 percent of adults plan to purchase a home in the next five years and that more than half of them (53.5 percent) will be first-time homebuyers.

Consider that every time a renter buys a home, they make possible a chain reaction of transactions worth many times more than the actual value of the home they purchase. Because first-time homebuyers aren’t selling properties, they don’t put new homes on the market when they buy. As a result, first-time homebuyers reduce real estate inventories and allow existing owners to trade-up or relocate.

The growing number of first-time homebuyers suggests that conditions are finally attracting buyers back despite the critical picture in the overall economy.

In the past, high prices and large down payments made buying a home for the first-time difficult. The right mix of attractive listing prices, tax credits, improved financing and a wide choice of properties seems to be attracting the first-time buyer.

For first-time homebuyers looking to be players in today’s real estate market, offers the following tips:

– Research Your Market. All real estate is localized and the key to a successful purchase is to know the market. In fact, the real estate market is so localized that prices among similar homes vary greatly even between neighboring towns.

– Make a list of what you want. Let your realtor know your criteria in order to find homes that meet your needs. You can go to to view homes that fit your specifications. This will give you an idea of what is possible in your price range and in the location you prefer.

– Get pre-approved. Although not a final loan commitment, a pre-approval letter can be shown to listing brokers when you are bidding on a home. It demonstrates your financial strength and shows that you have the ability to go through with a purchase. Lenders can be found in the finance section of

– Make a decision. Once you find the best home that fits your needs, take action. Homebuyers often hesitate, and this could mean you miss the best home that meets your needs. If you have chosen a good mortgage broker and a sharp realtor, you should have the facts to make the right decision.

Hospitality Industry Takes a Hit, Investors Take Interest

<b>Hospitality Industry Takes a Hit, Investors Take Interest</b>“></td>
<p>(<a href=NewsUSA) – As the real estate market has fallen, more developers have become interested in purchasing bottom-dollar homes to resell when the market recovers. In a similar vein, some businesses are now purchasing hotels.

One such investment and real estate company, MOD Hospitality, has taken advantage of falling real estate values to buy high-quality hotels and restaurants in strong markets.

“The hospitality industry, as a whole, is taking a beating,” says MOD Hospitality President Frederic S. Richardson. “It’s the perfect opportunity for wily investors to make a profit.”

The company plans to hold and manage the properties for three to five years, or until the value of their investment matures. They recognize that professional property management is crucial, and they only use local property management firms because they know the markets where the properties appeal. Complete operating results are provided to promote investor confidence.

So far, the company has obtained hotel properties in different markets, ranging from boutique hotels to high-quality hotel chain franchises, including a Holiday Inn Express and The Fairfield Inn by Marriott.

More prestigious properties include the New Clinton Hotel, a boutique acquisition located in the heart of South Beach, Miami, Fla. Situated on Washington Avenue, the hotel is surrounded by diverse restaurants, trendy shops and lively bars. Also located in Miami Beach, the The Hotel Astor Miami Beach is a luxury boutique hotel with Art Deco flair. The hotel and its new Maison d’Azur Restaurant are favorite destinations for celebrities, artists and fashion photographers, as well as business executives.

While the economic downturn strains the hospitality industry, hotels and restaurants seem ripe for investment. In using a company such as MOD Hospitality, which carefully researches potential properties and expertly handles their management, investors are able to benefit from the hospitality industry while taking less risk.

For more information, visit MOD Hospitality trades on the OTC.BB under the symbol MODY.OB.

Foreclosures Open Up New Market

<b>Foreclosures Open Up New Market</b>“></td>
<p>(<a href=NewsUSA) – To some, the current real estate market looks dismal. A weak labor market, rising mortgage rates and high energy prices have caused many American homeowners to lose their properties. To others, the real estate markets looks ripe for investment.

Deer Park Development Corporation, a company with over 30 years of experience in the real estate market, has developed a new approach for investors hoping to purchase and resell foreclosed properties for profit. Foreclosed houses sell at lower prices, helping investors buy properties with less money upfront. In the past, housing prices reflected overinflation -; as the market evens out, the mortgage crisis might actually help stabilize home prices.

Marty O’Malley, CEO of Deer Park Development Corporation, noted that the current real estate market represents a once-in-a-lifetime opportunity for the astute buyer. “With one in every 360 homes in foreclosure nationwide, the opportunity to buy distressed property at significant discounts to their original appraisals is extensive,” said O’Malley. “In Clark County, Nev., one in every eighty homes is in foreclosure, and on top of those statistics, one in every two homes is underwater, meaning that it’s not worth the amount of money owed on it.”

With this amount of inventory on the market, there are situations out there that present themselves as profitable ventures. Not all of the foreclosures are money-making deals, but with experience, professional investors know when and what to buy, so they can make successful ventures.

Being an individual investor in the real estate market can be a dangerous proposition for the inexperienced. But investors, in tying themselves to a group of experienced real estate players, can use experts’ hard-earned knowledge to turn a profit in the down real estate market.

“Allowing individual investors to participate in ownership through direct partnership creates a risk-free vehicle for foreclosure players to work with,” said O’Malley,

For additional information, visit Deer Park Development Corporation’s Web site at or contact Capital Group Advisors at 954-297-0706.

Protect Your Loved Ones This Holiday

<b>Protect Your Loved Ones This Holiday</b>“></td>
<p>(<a href=NewsUSA) – The holiday season is a time to get together with your loved ones, reflect the past and celebrate current joys. But while enjoying your family’s company and traditions, you might also want to consider the future. Have you made end-of-life plans? Is your family protected should something happen to you?

Drafting a will means extending protection to your loved ones. Clearly stating who gets what helps limit arguing and confusion after a death. Without a will, you cannot control where your assets go.

And you do have assets. Many Americans might not think they hold enough wealth to merit writing a will. But most people, among cars, homes, furniture, investment portfolios and personal items, will find themselves worth more money than they originally think. Sentimental value cannot be dismissed. The teacups that belonged to your grandmother might not fetch a large sum at auction, but maybe your daughter associates them with happy memories.

Drawing a will can be complicated. But some programs can help simplify the process. For example, The Estate Vault (, a software-based system, helps users consolidate all of their personal information into one, easy-to-access location. From car titles to pets’ vaccinations to personal medical histories to credit card accounts, The Estate Vault allows people to list their assets, expenses and wishes. Users can upload their information to a secure Web site, keep their data on their home computer or burn their files onto CDs, which can then be distributed to loved ones.

The Estate Vault not only helps with end-of-life planning, but also with day-to-day living. The system connects with 13,000 North American banks and credit unions, credit card companies, brokerage firms and mutual funds, ensuring that transactions and bank account information are always up to date.

For more information about The Estate Vault system, visit Estate Vault trades on the NASDAQ OTC under the symbol TEVI.

Profiting in a Down Real Estate Market

<b>Profiting in a Down Real Estate Market</b>“></td>
<p>(<a href=NewsUSA) – The home real estate market continues to suffer – but that doesn’t mean that money can’t be made.

Analysts say that a weak labor market, rising mortgage rates and increased energy prices have contributed to the current low home sales rate. According to The National Association of Realtors, real estate sales made by homeowners dropped to an annual pace of 4.86 million in June 2008. Rates haven’t been that low since 1998.

Americans aren’t looking to buy new homes – they can’t even afford the houses they have. California alone saw 63,061 foreclosures between April and June – foreclosures amounted to 40 percent of total California homes on the market in May and June.

The number of foreclosures on the market helps drive housing prices down. Banks lose money paying utilities, maintenance expenses and taxes on empty houses, so they sell repossessed houses at bottom-dollar prices. Low prices on foreclosed properties drive down other homes’ values, crippling neighborhood real estate.

But some companies feel that they can both profit from the down market and improve the real estate situation. One business, Deer
Park Development Corporation
(, has focused on Nevada, which sees more foreclosures than any other state. In Las Vegas, one in every 299 houses is threatened by foreclosure. Million-dollar properties can be bought for half their building costs.

Deer Park Development Corporation draws on its 30-year experience in the real estate market to identify the homes that can turn a profit when the housing market improves. The company communicates with a network of brokers and agents with experience in down market sales. When the company identifies a worthwhile property, it works with the homeowner or bank to purchase the home at a 50 percent discount. The company can hold homes for 24 months before making any sales without losing money.

The company also allows former homeowners to rent their properties for a determined amount of time. When the lease expires, Deer Park Development Corporation gives people the chance to repurchase their home for a predetermined price.

Currently, they are searching for investors looking to cash in on the down housing market.
For more information, visit

How to Ensure the Best Care for Your Pet

<b>How to Ensure the Best Care for Your   Pet</b>“></td>
<p>(<a href=NewsUSA) – Hotelaire and real estate magnate Leona Helmsley made headlines when her will left 12 million dollars to her dog. While most Americans can’t leave millions to their pets, people should plan for their pets’ long-term care.

Among moves, military deployments and hospital stays, Americans might find themselves unable to mind their animal companions. But responsible pet owners can take steps to ensure that their animals receive adequate care in their absence. Here are some tips for Americans with pets:

– Keep records. Losing an animal can be devastating, but keeping files on pets can help speed recovery. Records can also help veterinarians and new homes provide better care.

Files should include recent photographs showing the animal from each side, which can help animal shelters identify your pet. Owners should also keep their pets’ vaccinations, health certificates, rabies certificates, medical histories, breeders’ information, pedigrees and weights on record.

Some services help track pets’ information. For example, The Estate Vault, an online estate-planning software program that helps users consolidate everything from marriage licenses to medical histories, contains a section for pets. Users can keep their pets’ information in an easy-to-access, safe digital form. The Estate Vault also helps users plan for pet care in their wills. Digital files can prove more secure than paper documents, which can be lost or destroyed by fire or water damage.

– Prepare for the unexpected. Speak to at least two people who can care for your pet in an emergency. Give your emergency caretakers your pets’ feeding and care instructions, the name and number of your veterinarian and any information concerning permanent care plans for your pets.

– Make formal arrangements. Work with an attorney to create a will covering your pets’ long-term care. Find someone willing to care for your animal permanently, then formalize the agreement and the amount of money that you plan to provide.

For more information about The Estate Vault system, visit Estate Vault trades on the NASDAQ OTC under the symbol TEVI.

Software to Save the Housing Market

<b>Software to Save the Housing Market</b>“></td>
<p>(<a href=NewsUSA) – Anyone who has recently picked up a newspaper, turned on the news or driven down a residential street knows that the housing market looks dismal. As fuel and energy prices increase, many Americans find themselves unable to pay their debts and mortgages, leading to foreclosures. The market’s flooded, prices are down and people feeling the economic crunch aren’t looking to buy.

To help revive the market, Commonwealth Capital Advisors (CCA), a 10-year-old investment banking advisory firm, developed a patent-pending software called “Financial Architect.” The software can enable real estate professionals to raise substantial amounts of equity capital at a fraction of the standard cost.

The easy-to-use software generates securities-offering documents and investor leads, letting developers, contractors, real estate agents and property management companies raise and manage capital for acquiring properties.

“The goals of REIT Producer, the newest ‘Financial Architect’ module, are simple,” said Timothy Hogan, CCA’s chairman and CEO. “We want to help entrepreneurs involved in the real estate industry significantly lower the costs and increase the speed of raising equity capital. Just as important, we want to provide real estate developers and professional property-management firms with an easy-to-use expert system that will enable them to choose the right deal structure for attracting both equity and debt capital that they need to expand their operations and manage those funds in compliance with federal and state securities laws, rules and regulations.”

Using the software, entrepreneurs can raise capital, acquire properties and conduct 1031exchanges to build a portfolio of holdings for development, fix-up or long-term investment.

“We believe there’s significant and growing demand among entrepreneurs for control over their financing strategies,” says Hogan. “The software components of Financial Architect are designed to meet this ‘do-it-yourself’ approach.”

To learn more, simply read the first two chapters of their complementary e-book entitled “The Secrets of Wall Street,” visit and enter promotional code 1492.

Preparing for Disaster With a Click of a Mouse

<b>Preparing for Disaster With a Click of a Mouse</b>“></td>
<p>(<a href=NewsUSA) – American homes aren’t as secure as we think. Among natural disasters -; floods, hurricanes, tornadoes, mudslides, earthquakes, wildfires -; and kitchen fires and broken pipes, most homeowners will see their properties damaged.

But homeowners can take steps to help protect their possessions from disaster, natural or otherwise.

When moving into a new area, buyers should learn what kind of disasters afflict the region. For example, if hurricanes are a concern, buyers should consider homes with hurricane strapping -; flat metal strips that attach rafters and trusses to walls. According to the American Red Cross, people should not buy homes in high-risk flood zones, in areas threatened by coastal erosion or on fault lines.

Once homeowners know what to expect, they can install fire alarms, secure bookcases and other heavy objects that could fall in an earthquake, and they can clear surrounding brush, which can be a fire hazard. But homeowners also need to secure their financial information.

Homeowners need to inventory their possessions, either on paper or with photographs. Even inexpensive items, like dish towels, need to be recorded, because small costs can add up should everything in the home require replacement.

Homeowners need to record where they keep all of their financial and family documents, from birth certificates to tax returns, then copy each document and store it in a safe place. But a large disaster might destroy nearby banks, too.

Online systems can both simplify preparations and provide greater document security. One online estate planning service, The Estate Vault, consolidates client information, from assets, liabilities and financial portfolios to medical histories and vehicle registration information.

Customers can choose to keep their information on a secure Web site, on their home computers, on a CD or USB device or in any combination of those three locations. If documents become physically damaged, Estate Vault users can simply download their records from the service’s secure Web site. Wills, marriage licenses and credit card records are kept safe and easy to access.

The Estate Vault stores its data in a building owned by Primus Telecommunications Canada, which has won awards for its support systems. Canada does not experience earthquakes or hurricanes, making it one of the world’s safest places for document security.

For more information, visit Estate Vault trades on the NASDAQ OTC under the symbol TEVI.

Recreating Yesterday’s Housing Market

<b>Recreating Yesterday’s Housing Market</b>“></td>
<p>(<a href=NewsUSA) – Just a few years ago, home sellers found themselves inundated with above-market offers. Open houses drew many potential buyers, leading to frenzied bidding wars. Today’s housing market looks much more dismal.

In the first quarter of 2008, real estate prices declined 14.1 percent -; the largest price drop in 20 years. According to the National Realtor’s Association, there are now 4.55 million properties on the market. That means that the number of homes for sale far outnumber the people looking to buy real estate.

In a down economy, many people focus on everyday costs, like groceries and gas, rather than large purchases, like homes. But people looking to sell properties can find buyers -; if they can distinguish their home from the other houses flooding the market.

One group of Californian real estate professionals recently published a step-by-step guide for homeowners looking to sell their properties, with or without a real estate agent. Called the “Fast Action Home Sales System,” it helps homeowners feel like they’re selling in an “up” market.

The system teaches sellers to use signs, print ads, a custom-built Web site and their own 800 phone number to capture buyers’ attention. The advertisements lead to open houses, where excited buyers engage in bidding wars. Attracting multiple bids gives sellers the advantage, even in a buyers’ market.

In a down market, expensive, prolonged mortgage costs can destroy homeowner’s personal finances. “Even in today’s market,” says Conrad Kuiken, one of the professionals who developed the system, “we almost always get at least one bid at fair market value.”

Homeowners using the Fast Action Home Sales System typically sell their homes within two to three weeks. A quick sale is hard to make in today’s housing market -; according to the New York Times, there are now enough homes on the market to satisfy buyer demand for over 11 months.

For more details, you can access a “quick-start guide” to the FAST Action Home Sale System at, or call 1-800-669-1038.