July 6, 2007

Goin2Travel Real Estate Free Listings

Goin2travel.com is a vacation rentals website site that has just released its real estate section.  It will have real estate listings around the world just like its rental section. They are offering real estate lings in such areas as Hawaii, Florida, Newport Beach, Costa Rica, Cabo San Lucas, Colorado, Myrtle Beach, Tampa, Kauai, San Diego and mmany more areas!! The really cool thing is that they are offering this to real estate agents and home owners. The best thing is that it is totally free to list your real estate listings.

The real estate agents get a profile page and all their listings interlink.

I would check this out if you are interested in getting free exposure for your real estate investments and resort style homes.

June 29, 2007

Real Estate Definitions

CCIM: The Certified Commercial Investment Member (CCIM) designation conferred by the Commercial Investment Real Estate Institute (CIREI), is awarded to experts in the disciplines of commercial real estate brokerage, asset management, valuation and investment analysis. The designation is earned by completing the intensive CCIM education program, passing a comprehensive examination and demonstrating a record of accomplishment in the commercial investment of real estate.

Fee Simple Ownership: Fee simple ownership is probably the most familiar form of property ownership to buyers of residential property, especially on the US Mainland. Fee simple is sometimes called fee simple absolute because it is the most complete form of ownership. A fee simple buyer acquires ownership of the entire property, including both the land and buildings. The fee simple owner does not pay ground rent, but does pay maintenance fees and real property taxes. The fee simple owner has the right to possess, use the land and dispose of the land as he wishes – sell it, give it away, trade it for other things, lease it to others, or pass it to others upon death.

Finance Charge: The total cost a borrower must pay, direct or indirectly, to obtain credit according to Regulation Z.

Graduated Payment Mortgage: A residential mortgage with monthly payments that start at a low level and increase at a predetermined rate. (more…)