This property is almost new and has a lot to offer. The plot is flat, and on the main level there is a large living/dining room with a separate sitting corner, a fully equiped modern kitchen, 3 bedrooms with 2 bathrooms. Outside there are several open and covered terraces, an 8 X 4 pool, an outside shower, a nice mature garden, and an entrance to a large garage, which has an extra storage room.
VILLA FOR SALE IN MORAIRA REF 1347 www.casa-finders.com
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A realtor told me that only realtors can receive commissions in Florida. Is that true? Why couldn’t i incent someone or thank a friend who sends me a buyer? That does not seem right. Why would i be forced to ‘only’ work with a realtor when my own ‘warm market’ is pretty big?
The real estate profession is regulated by state law, so it’s illegal to earn a commission on a real estate sale if you are not licensed. Buying and selling real estate is a complicated legal matter and you must consider what would happen if either of you were sued for some reason – what’s your protection? It’s better to use a licensed real estate agent and negotiate the commission if that is what you want to do.
Having said that, however, there is nothing stopping you from giving your friend a gift of cash as a thank you for referring a buyer to you. The difference between giving a friend a cash gift and providing a commission on a home sale is how it’s accounted for by the IRS.
Having two real estate agents will give you more choice overall.
For example, I am looking for a house right now. I fell head over heels with a small 3 bedroom house, only to have it disappear 2 days later. Then it reappeared on my second agents website, and I learned that he had that house under contract.
Remember that you do not have to give both agents a commission. A lot of agents will happily show you houses and give advice for free, in the hopes that you will buy a house through them. Once you have settled on a house it is a matter of seeing who can get you a better deal.
Finally, this is kind of off- topic, but I would do some research into the real estate market near your area before you buy. The market is going down the tubes these days and you may regret buying a house ten years from now.
Of course, prices are the lowest they have been in decades, so it could also be the best investment you will ever make.
Good luck!
Looking for any feedback, good or bad, from someone who has purchased a home through Regents Realty Group. Anything from quality of home, service, community, etc.
A Chicago Police Department investigation into a Roscoe Village-based realty firm has already turned up losses in excess of $2 million. The funds were allegedly diverted from the coffers of at least 45 condominium associations managed by Regent Realty, 2130 W. Belmont.
The losses are affecting everyone from condo owners to former Regent employees to contractors who performed services at buildings once managed by the firm.
According to Sgt. Phil Cappitelli of CPD’s Financial Crimes Unit, no charges have been filed in the ongoing investigation.
Regent, according to its now-defunct website, was formed 20 years ago by Jay Strauss and Donald Doering. Services provided by the company included property management, real estate brokerage and apartment leasing.
In late January, a wave of Regent’s clients began questioning whether their funds were being siphoned by the company.
Paul Kolenda is the treasurer of one such condominium association, located at 1934 N. Washtenaw in Bucktown. He said he had a six-year relationship with Regent that began at a previous residence in Lake View. Kolenda described Strauss, the company’s head, as "a grandfatherly old man," and recommended his association hire Regent to manage their building.
Kolenda began to grow suspicious in December 2007. A vendor complained that a check written by Strauss on behalf of the association had bounced. Estimating the association had saved more than $380,000 for long-term maintenance projects, Kolenda requested his property’s bank records, and was shocked to find their account held a scant $50.
Kolenda said Strauss assured him that the money was being held in an interest-bearing account and the failure to transfer the funds was an honest mistake, attributable to the stress of his wife’s illness. "He said, ‘it’s just been crazy with my wife,’ trying to tug at our heartstrings," Kolenda said.
In early January, Kolenda began contacting the leadership at other Regent-managed properties. "That’s when I realized it wasn’t a little mistake or a one-time thing," he said.
He immediately terminated his contract with Regent and filed a police report. Within a week, more than a dozen other associations followed suit.
It was around the same time that Barbette Loevy, a former Regent employee, received a phone call telling her to come in and clean out her desk.
"I was out of town and someone called and told me to pick up my things and that they were closing," she said. "They told me absolutely nothing about why."
Loevy says she worked for Regent as a Realtor and was not involved in condominium management.
Strauss and other Regent employees declined to comment for this article. Their offices remain closed and their phone lines appear to have been disconnected. Mail strewn about in the entranceway and papers overflowing in the fax machine suggest the office has not been in operation for some time.
As the police investigation continues, the owners of the properties Regent once managed have banded together and formed a listserv to share experiences and exchange information.
"You can’t imagine what a mess it is," said Jay Shindler, treasurer of the condo association at 1920 N. Lincoln Ave., another Regent-managed property. "We’re trying to figure out where we are delinquent and how much, and what is paid and unpaid."
Kolenda’s building is having a particularly difficult time with that process. "We owe over $100,000 in bills for everything from water to electricity to trash to insurance," he said.
"Regent was paid to collect funds from the units, manage the building and pay the bills," he said. "Now, beyond impacting us, there are all of these vendors out there that are just stuck. You’ve got small business people out there that are struggling because of this, so the ripple effect just goes on and on."
Don Wilson, whose law firm is representing the residents at 921 N. La Salle, another formerly Regent-run property, says his clients requested that their handyman be given a Christmas bonus with their savings. "Not only did [Regent] not send the bonus, but they sent an invoice saying they had given him the bonus-when, in reality, they hadn’t even paid him his regular salary for weeks," Wilson said.
According to Vincent Lavieri, attorney for 1924 N. Washtenaw, part of the problem is that no one knows what bills have or have not been paid, a problem compounded by the fact that Regent’s management has not given association representatives access to their files.
Lavieri says all financial records are currently being held by Strauss’ lawyer, Camille B. Conway of Barnes & Thornburg LLP, who has promised to share them with their respective associations, but has stopped short of saying when they can expect to see that happen. Conway declined to comment.
"It’s causing problems for my client as well as the 45 or so associations that have been managed by Regent," Lavieri said, adding that they have "no way of knowing what the current state of the association’s affairs are or which vendors are legitimately owed money."
The size and scope of this case, Lavieri said, is extraordinary, as is the amount of work it will take the affected parties to get back on their feet. "I’m aware of other cases where property managers have been accused of misappropriating funds, but
How do you find them, how do you buy one and what do some of the terms mean? I was browsing around on yahoo realestate and noticed homes for sale with a loan balance of as low as $2k dollars. Does this mean all you have to pay is the remaining balance of $2000. I m confused please help.
I am also looking for sites that have free listings of foreclosures in cypress and buena park, california. Thank you for your help. 
I am not sure what you are looking at. Foreclosures do not sell for 2k, they sell pretty close to the market rate. They are driving the market rate down, but they are still in it.
The foreclosers are in the MLS, listed as REO. Have your agent print you up a list.
Real estate for sale at 3999 Long Point Bl Portsmouth VA 23703 – for more info visit http://juliusdelcampo.lnfre.com – Exquisite property that you must see in person. fresh paint makes this home move in ready. extra large lot with heavy duty vinyl fence. check with army corps of engineers to build your dock for deep water access. this property can easily be converted to a 5 bedroom by closing the wall between the master br and master sitting room or keep the same and enjoy an extra large master bedroom. come see this property today. welcome home! – For other real estate listings in this area visit http://www.longandfoster.com.
Real estate for sale at 23796 Wilson Ln W Shade Gap PA 17255 – for more info visit http://gogibaud.com – Visit this house. be charmed by its warmth–and astonished by its soaring 30 ceilings. six cleared & 10 wooded acres lg horse barn fenced pastures wildlife stream. mountain views. 4082 sf lodge over 2048 sf walk-out concrete bsmt stone fp 4 large br incl main-floor owner suite. wood & oil furnaces. ten min to turnpike 30 to raystown lake. lift your spirits–weekends or year-round. call now – For other real estate listings in this area visit http://www.longandfoster.com.
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