GLOZAL - A Social Real Estate Network

July 2011 Blog Posts (145)

Privacy comes at a price

Roughly 300 miles off the coast of South Florida is a string of mostly uninhabited small islands amid clear blue water and coral reefs on a limestone plateau. There's virtually no nightlife, no major airports, no celebrity chef restaurants. There are also no neighbors. That remoteness is attracting a rarefied group of wealthy entertainers and name-brand CEOs. In the world of high-end real estate, privacy is an increasingly prized amenity.…


Added by GLOZAL on July 31, 2011 at 11:05am — 3 Comments

TOP CHICAGO BROKER-Need funding? Here is some of my range via my sources. TOP CHICAGO BROKER

Need funding? Here is some of my range via my sources. 

1) Large & Mega cap funding for projects. 

2) Small cap funding for projects. 

3) Swiss private banking. 

4) Contract Funding. 

5) Loans on investment grade assets. 

6) Factoring. 

7) Lease Finance . 

8) Sale lease back finance . 

9) Merchant advance. 

10) SBA loans. 

11) FHA / HUD Commercial Loans. 

12) Hard money loans. 

13) Soft money loans. 

14) EBTIDA based lending for small,… Continue

Added by Siva Pillarisetty on July 30, 2011 at 4:24pm — No Comments

I have great sources for SBA & FHA COMMERCIAL!

I have great sources for SBA & FHA COMMERCIAL!

223(a)(7) -- Refinance of an Existing FHA Insured Multifamily or Healthcare Mortgage

221(d)(4) -- Multifamily New Construction or Rehabilitation Program

223(f) -- Multifamily Rental Housing Acquisition or Refinance Program

232 -- Healthcare New Construction Program

232/223(f) -- Healthcare Acquisition or Refinance Program

202/223(f) -- Refinance of Elderly Housing Program

242 --…


Added by Siva Pillarisetty on July 30, 2011 at 4:22pm — No Comments

A sale lease back can create construction dollars !!!

My source and its managed entities are a leading investment management company that provides long term, low costs sale-leaseback and build to suit leased based real estate and infrastructure solutions for municipalities and government agencies, healthcare and energy worldwide and manages a real estate and infrastructure investment portfolio. My sources and its managed investment vehicles are institutionally capitalized by world class institutional investors and leading investment banks.…


Added by Siva Pillarisetty on July 30, 2011 at 4:18pm — No Comments

Every credit score isn’t created the same, even when you pay for it

If you spend any time on the Internet, you’ve probably seen ads for “free” credit scores. They usually appear alongside ads promising to make your belly fat disappear.

There are two problems with these promotions. First, you usually have to sign up for credit monitoring, identity theft protection or some other service to get your credit score. These products cost anywhere from $15 to $18 a month.

But even more troubling, these scores could give you a…


Added by GLOZAL on July 30, 2011 at 10:00am — 2 Comments


I need infor on how to find a DIRECT source .




Added by Keith B.Dunn on July 29, 2011 at 5:42pm — 1 Comment

HUD: Apply now for sustainable housing money

WASHINGTON – July 29, 2011 – U.S. Housing and Urban Development (HUD) Secretary Shaun Donovan announced that $95 million is available to support local initiatives to expand housing choices, improve connections between employment centers and homes, and reduce barriers to creating economically vital and sustainable communities.

HUD’s Office of Sustainable Housing and Communities oversees the Regional Planning and Community Challenge Planning Grant Program. Communities apply for the…


Added by GLOZAL on July 29, 2011 at 2:44pm — 1 Comment

Why A Cape Coral &/or Fort Myers Short Sale Saves Your Lender Money

Please read "The Rest of the Story" on my blog:



Added by Donna M Bishop on July 29, 2011 at 10:27am — No Comments

Ocwen unveils new principal reduction program

Ocwen Financial Corp. (OCN: 12.76 -1.47%) launched a new modification program to reduce the principal on a mortgage for delinquent borrowers, while compelling them to share in the future appreciation of the home's value with the investor.

Mortgage modifications will only be available for homeowners in negative equity.

Atlanta-based Ocwen holds a $74 billion servicing…


Added by GLOZAL on July 29, 2011 at 8:00am — No Comments

South Florida is the default capital of the country but...

MIAMI — South Florida is the default capital of the country. Here in Miami-Dade County, one out of five households with mortgages is in foreclosure. Nearby Broward and Palm Beach counties are not far behind. Nearly 200,000 South Florida families are stuck in the mire of default.

Grant Stern was forced to downsize when his…


Added by GLOZAL on July 28, 2011 at 12:00pm — No Comments

Strategic Default and Strategic Bulldozing

Take a look at this article. It is pretty interesting what BofA is doing to get rid of the glut of inventory.

Added by Vincent Calabrese on July 28, 2011 at 11:32am — No Comments

Dezer pays off $265 million Trump mortgages


SUNNY ISLES BEACH, Fla. -- An affiliate of Dezer Properties, LLC, who in March, 2010 assumed an existing loan from a development partnership and began finalizing the sales of all remaining units at Trump Towers, today announced that it had paid off a $265 million mortgage on Trump Tower II and III The three-tower, luxury oceanfront condominium…


Added by Tarek Kirschen, Realtor on July 28, 2011 at 11:25am — No Comments

Cape Coral Short Sale: How To Find The Short Sale Negotiators E-mail Address

Please read "The Rest of the Story" at my short sale blog:

Thanks for reading,


Added by Donna M Bishop on July 28, 2011 at 10:30am — No Comments

Cracking down on moving scams

BALTIMORE – July 28 2011 – Federal and state authorities are cracking down on online scam artists who pose as licensed movers and rip off consumers by jacking up prices, giving fake estimates and holding consumers’ belongings hostage.

States including New Jersey, California and Illinois have conducted undercover operations this year, and Maryland approved legislation that keeps movers from charging more than 25 percent above an original…


Added by GLOZAL on July 28, 2011 at 8:57am — No Comments

Reduced $2M to $4.9M luxury ranch Gainesville-Ocala area FL, 14K SF 117+ acres 40 stalls 3% BBC

Reduced $2M to $4.9M STAR luxury ranch LISTING between Gainesville and Ocala, FL. Luxury home, 117+ acres, 40 stalls, extensive equestrian and Dressage infrastructure. 3% BBC.

(1)            2 bedroom, 5 bath, luxury pool home spanning 6,995 SF HVAC + 7,023 SF of outdoor living

(2)            40 stalls, extensive equestrian and Dressage structures on 117+ acres with 3,958’ (0.74 miles) est. road frontage


(3)            24,914’ (4.71 mi.)…


Added by George Alexander on July 27, 2011 at 9:02pm — No Comments

New grant for military first-time home buyers

WASHINGTON – July 27, 2011 – A new program offers financial assistance to first-time homebuyers who are veterans or active-duty military members. The Pentagon Federal Credit Union Foundation, a nonprofit national organization, offers the program through its Dream Makers program.

Active duty personnel, veterans, retired members of the military and employees of the U.S. Department of Defense and the Department of Homeland Security may be eligible for a grant up to $5,000 to use toward…


Added by GLOZAL on July 27, 2011 at 4:22pm — No Comments

How Long Does It Take For My Credit To Go Back To Normal After A Cape Coral Short Sale?

Please read "The Rest of the Story" at:



Added by Donna M Bishop on July 27, 2011 at 9:35am — No Comments

Nashville Among Top Cities That Boast the ‘Best Value’

Which cities offer the best value? Kiplinger’s Personal Finance magazine recently ranked metro areas by best “value,” factoring in low cost of living, strong economies, and personal amenities.

The following are the six metro areas that topped its list, including each city’s unemployment rate, median household income, and cost-of-living index (the index is based on the national average of 100; cities with a score below 100 have a lower cost-of-living). To see the other factors that… Continue

Added by Kenneth Bargers on July 27, 2011 at 9:05am — No Comments

Mortgage Applications Ease After Recent Jump

Miami, Florida July 27, 2011- Applications for U.S. home mortgages slipped last week after a sharp jump the week before and as interest rates edged up, an industry group said Wednesday.…

Houses reflected in water

Added by GLOZAL on July 27, 2011 at 8:51am — No Comments

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