Real Estate Expo/Miami Supercedes Expectations in Both Quantity and Quality of Attendance, Miamia, FL (Jan. 31 & Feb. 1, 2004)
Miami, FL (ContentDesk) February 4, 2004 -- The Real Estate Expo/Miami, which took place this past weekend at the James L. Knight Center in downtown Miami, was considered an overall success by exhibitors and attendees alike.
The highly anticipated, two-day event concluded with approximately 1,000 individuals in attendance.
More important than quantity, however, exhibitors raved about the quality of the traffic, stating that the attendees at this year's Expo were serious customers interested in purchasing real estate and genuinely seeking the expertise of exhibitors. "Attendees were very target marketed, whether they were brokers or potential buyers.
We generated a number of leads from the event."-Jerry Krystoff, Colonial Development
As the only real estate convention of this type in the nation, the Expo served as a forum for potential real estate buyers and investors to access the industry's leading developers, real estate agencies, title companies, financial institutions, mortgage brokers, and home furnishing and design firms all under one roof.
Some top name exhibitors included The Related Group, WCI Communities, Colonial Development, Majestic Properties, Advantage One, Bank of America, and Washington Mutual. Considered a one-stop-shop for residential real estate, potential buyers gathered information on the market's premiere properties and developments as well as the related financial services associated with purchasing residential property.
Over the course of two days, exhibitors marketed themselves to hundreds of qualified customers while those looking to purchase or invest in real estate gained access to a wealth of different resource all in one location, simplifying the home-buying process.When asked about the benefits of exhibiting at this year's Expo, "We got excellent prospect leads as well as broker connections."-Jim Rose, WCI CommunitiesExhibitors spoke enthusiastically about the networking benefits that the Expo provided.
Cooperation between the many facets of the real estate industry is paramount to success in the business, especially in the heavily flooded South Florida market.
The Expo allowed industry leaders to meet with each other, exchange ideas, and form valuable strategic alliances.
"The Real Estate Expo was an excellent way of networking.
Lot's of people in this industry don't know what we do with regards to our financial services, so we formed important connections."-Raymond Kahla, Assistant VP Mortgage Corp, Bank of AmericaThis was the third Real Estate Expo in Miami and the event will continue to be held annually.
Due to the overwhelming success of the Miami show, the Expo has expanded and is coming to West Palm Beach April 3rd and 4th, 2004, Orlando June 5th and 6th, 2004 and Tampa (dates to be announced).
For more information on REE, visit their website at www.realestateexpo.us.
Photos available upon request..
Private Mortgage Insurance Doesn't Protect Homeowners
If you borrowed more than 80% of the appraised value of you home, you're probably paying private mortgage insurance (PMI). PMI that is not lender paid is a waste of money. If you default on your mortgage, the private mortgage insurance provider will pay the lender, but you still would lose your home. PMI do not offer you any benefits whatsoever. PMI payments aren't even tax-deductible.PMI increases your effective mortgage interest rate.
On a $100,000 loan with 10 percent down ($10,000), PMI would cost you $43 a month. If you can cancel the PMI, you can save $516 a year and many thousands of dollars over the course of the loan. If your down payment was less, the cost of your PMI will be greater. If your down payment was 5%, ($5,000), your PMI expense would cost you $780 a year or $65 a month. Check your annual escrow account statement or call your lender to find out exactly how much PMI is costing you each year.When you purchase a home and put down less than 20 percent down, most...
Private Mortgage Insurance Doesn't Protect Homeowners
Mortgage > Private Mortgage Insurance Doesn't Protect Homeowners
Mortgage Leads Scam Revealed by Walton Solutions
(ContentDesk) April 14, 2006 -- Walton Solutions announces in a recent investigation they have found a "Mortgage Lead Scam" is happening to 20% of brokers. Walton Solutions provides valuable information to consumers.Many companies say they sell mortgage leads and deliver what they promise to be people who requested information on a home loan, refinance or general mortgage consolidation."If you are like me you have received these "leads" and then called them only to hear 'I didn't request any information,' or something along those lines," says Jefferson Baker, Loan Officer of Triwes Mortgage.75 companies were investigated by Walton Solutions and 30% of them are polluting the web with advertisements that entice people to fill out a form (usually automatically as well so they barely remember seeing a form) and "win something."According to Walton Solutions, this is bogus. There are only a few solid ways to land to a good Mortgage Lead other than knowing a Realtor yourself, and there are...
Mortgage Leads Scam Revealed by Walton Solutions
Mortgage > Mortgage Leads Scam Revealed by Walton Solutions
All About: Affordable Term Life Insurance
Term Life Insurance provides a specified amount of money to your dependents if you die, to cover costs like a mortgage and education.
The term is determined when you sign up for insurance.
Term Life Insurance is cheaper to purchase than whole life insurance because a payment is only made if you die before the end of the term.
The proceeds from term insurance cover are paid to your beneficiaries without the deduction of any federal taxes.
You usually pay a fixed premium for the entire duration of the term.
However, since there is no investment component with this type of life insurance, you do not build equity.
People who are younger and in better health, particularly non-smokers and people in the normal weight range for their height and gender, typically get lower premium quotes.
And because the incremental cost of getting all the coverage you may need is very small, it is better to focus on getting this coverage instead...
Mortgage > All About: Affordable Term Life Insurance
Stop Money Worries Killing You!
Copyright 2006 Christopher Green
Recently, as I was surfing around the web, I found yet another website offering misguided, uninformed and irrelevant advice to people who are stressed, depressed or anxious. The site had the following advice for sufferers:
"Most people who become stressed, anxious or depressed do so because they are experiencing financial difficulties. Debt is a big problem for a lot of people, and many struggle to service debts because they are on a low income. Other factors include poverty, unemployment, and a feeling of worthlessness because financial aspirations haven't been met. Money is one of the biggest causes of stress and depression in the Western world."
It is a statement I have seen and heard from many people, from medical professionals to sufferers and of course, in many publications and websites.
I'm sure you too will have either been told money is the root cause of your problems or heard it from various sources.
Mortgage > Stop Money Worries Killing You!
Tricks To Getting A Low Mortgage Rate
It's obvious - we all want to have a low mortgage rate.
After all, a low mortgage rate means spending less on monthly payments throughout the life of the mortgage.
A lot mortgage rate can save you thousands of dollars.
It also means you're more likely to have funds available to spend on opportunities that could prove profitable.
In recent times, low mortgage rates have begun to rise, but even so, rates today are still low enough to make it worth considering refinancing your home, if you're stuck in a high rate loan.
The internet is a wonderful place to do your research on finding a low mortgage rate.
Included here are some websites where you can start looking.
Interest.com
This website is a great place to start you research.
You can compare the rates from a variety of lending companies in your state, so that you can improve your chances of getting a low mortgage rate.
For example,...
Mortgage > Tricks To Getting A Low Mortgage Rate
All About: Affordable Term Life Insurance
Term Life Insurance provides a specified amount of money to your dependents if you die, to cover costs like a mortgage and education.
The term is determined when you sign up for insurance.
Term Life Insurance is cheaper to purchase than whole life insurance because a payment is only made if you die before the end of the term.
The proceeds from term insurance cover are paid to your beneficiaries without the deduction of any federal taxes.
You usually pay a fixed premium for the entire duration of the term.
However, since there is no investment component with this type of life insurance, you do not build equity.
People who are younger and in better health, particularly non-smokers and people in the normal weight range for their height and gender, typically get lower premium quotes.
And because the incremental cost of getting all the coverage you may need is very small, it is better to focus on getting this coverage instead...
Mortgage > All About: Affordable Term Life Insurance
Pricing your House To Sell
Your asking price is likely the most difficult - and crucial - decision you'll
make when you put your house on the market. Ask too little and you risk leaving
money on the table unnecessarily. Ask too much and you may scare off potential
buyers. Most Sellers set their initial asking price at an amount somewhat higher
than they are actually willing to accept, fully expecting a buyer to open the
bidding with a lesser amount. While price is the most frequently negotiated item in any home sale, you may
be able to creatively provide financial value to your buyer - without lowering
the price alone.
- major appliances such as your stove, fridge, dishwasher and microwave offer
good negotiating power - while you'll likely be including some of them in
your asking price, consider excluding some from the listing (the washer and
dryer perhaps) to use as a future bargaining chip; - window...
Mortgage > Pricing your House To Sell
Mortgage
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