A Bird's Eye View » Real Estate

“I Love My Dogs But…”

Heather DeDona — Sat, 31 Oct 2009 13:51:43 +0000

This is the first post from a member of the Roost Local Agent Blogging Team, Heather DeDona. Heather is a wonderful agent from the state of North Carolina who serves the “Triad.” You can find more information by visiting her website. Please join me in congratulating Heather on her first post.

What’s not to love about our pets? They are loyal, cute, fun, non-judgmental, some of them shed, wait that isn’t a good thing.

What do your pet(s) have [...]

Roost’s 50 RE People You Should Follow on Twitter for October 2009

Derek Overbey — Fri, 23 Oct 2009 23:40:17 +0000

So here is our fourth installment of Roost’s 50 Real Estate People You Should Follow on Twitter. If you are seeing this list for the first time, you need to stop and click the July List, August List and September List first because there are some incredible people in real estate who you could be following on Twitter. I know our October List is coming out a little late, but there is a reason. I attended RE [...]

Aging Sun City West, AZ Gets Facelift

roostblog — Fri, 16 Oct 2009 19:07:50 +0000

Roofs on Sun City West Homes are showing wear and getting repaired.

Tiles on many of the homes are beginning to loosen and slide down possibly enabling water to seep in and sun to degrade the underlining. Preventive measures are being applied to repair and prevent further, more extensive and expensive damage.

Approved by the Sun City West Property Owners and Residents Association, contractors are mending the tiles and repairing the roofs. When resetting the tiles, a special tile adhesive [...]

Derek Overbey to Speak at REBlogWorld on Social Media in Real Estate

roostblog — Fri, 09 Oct 2009 18:19:35 +0000

We are proud to announce that Derek Overbey, Senior Director of Marketing & Social Media at Roost, will be speaking at REBlogWorld next week on a panel titled “Social Media in Real Estate. He will be sharing the stage with such notable social media veterans as Jeff Turner, Jay Thompson and Rhonda Porter with moderation from Matt Fagioli, newly appointed VP of Business Development at Inman.

Derek is a 14 year veteran of the real estate and technology industries with stints [...]

Mortgage Rescue Fraud Escalating in Florida

roostblog — Thu, 08 Oct 2009 20:24:28 +0000

Orlando-based Wineberg, Lopez & Rodriguez Co. appealed to Hispanics by advertising their financial rescue services on Spanish-speaking television and radio programs. Hipolita Roustand responded to one of their ads, and hired them to help modify her mortgage.

The 51-year-old professional housekeeper gave the firm her life’s savings of $700 in addition to biweekly payments of $260 – $1,995 in total. She figures she toiled over more than 20 jobs to pay the Wineberg firm. Roustand, along with hundreds [...]

Marietta, GA Man Charged With Mortgage Fraud

roostblog — Tue, 06 Oct 2009 19:56:05 +0000

Charged with mortgage fraud, 57-year-old David Glen Helton is accused of a mortgage scam involving seven or more senior citizens of Marietta. Allegedly, he used false identifications to obtain the fraudulent mortgages without any intention of paying for them.

The victims’ mortgages were paid off prior to the fraud. The owners knew nothing about the plot until notified by lenders of eviction proceedings.

This is not an isolated incident, folks. On the contrary, mortgage fraud is at an all-time [...]

Detroit Realtor Partners First-Time Home Buyers with Affordable Neighborhood Recovery Property

roostblog — Thu, 01 Oct 2009 05:57:22 +0000

Detroit has plenty of pockets of distressed property that qualifies for federal neighborhood recovery spending. A significant portion of American Recovery and Reinvestment Act of 2009 (ARRA) funding being released by the U.S. Housing and Urban Development (HUD) has been going toward areas with the greatest numbers of distressed property, providing buying opportunities to first-time home buyers with low- to middle-income.

Real estate professionals have the opportunity to assist home buyers in realizing grants and programs afforded by the American Recovery [...]

Massachusetts Mortgage Broker and Fraud Investigators Come Under Scrutiny

roostblog — Wed, 30 Sep 2009 05:43:59 +0000

Massachusetts’ Division of Banks (MDB) received two formal complaints from a non-profit specialist in foreclosure prevention against Your Home Mortgage (YHM). YHM is also the subject of a lawsuit initiated by Greater Boston Legal Services (GBLS) for alleged discrimination and unfair and deceptive practices against a YHM client, Jaime Alvarez.

Alvarez used Maurice Osorno, a broker for YHM, to purchase his home. Alvarez said that he and Osorno are both from the same country and that he trusted Osorno, because he [...]

Houston, TX Business Owner Indicted on Mortgage Fraud

roostblog — Tue, 29 Sep 2009 07:09:23 +0000

When it comes to mortgage fraud, Houston is no different than any other major city.

Brownstone Construction Owner Melvin Lendall Brown was indicted in early September on wire fraud allegedly associated with a mortgage fraud scheme involving several million dollars. The previously sealed 16-count indictment was unsealed and announced on September 3 by U.S. Attorney Tim Johnson and Richard Powers, FBI Special Agent in Charge.

The Houston business owner, Brown, 49, allegedly committed fraud related to a scam to defraud home lenders [...]

Roost Keeps on Trucking – Adds San Antonio, TX and Colorado Springs, CO to Platform

roostblog — Mon, 28 Sep 2009 23:24:08 +0000

Just when you thought Roost.com was going to take a break from adding more markets, we go and add a couple more. The lucky metros to become part of the Roost platform this time around are San Antonio, TX and Colorado Springs, CO.

The San Antonio metro area has a population of a little more than two million people making it the 28th largest metropolitan area in the United States and 3rd in Texas behind Dallas/Fort Worth and Houston. Currently there [...]