Please call your congressman and senator about extending the tax credit.  The credit for non first time homebuyers are could be a real boost to real estate industry and economy.

Our topic on Tuesday will be reverse mortgages and have expert from cornerstone mortgage.  go to www.realestatecorner.info

on Tuesday at 6pm central time. 

This interview was done a year ago on my radio show “The Real Estate Corner” when Senator Obama was
running In Texas primary call into the show. Encouraging
people to go vote and he took some questions.

http://www.youtube.com/watch?v=-4vS2dh10I0

Copy link into url box to view the interview!

Realtors were supplied with $15000 tax credit for 1st time home buyers.
We should get the republican party to understand that this will help housing get back on track.
So the concern now is, is why are banks still credit crunching their costumers.
Does anyone have an answer as to what the bail out was for if banks are still doing this?
Please inform me with your opinion!

ERA Bogany Properties in Bellaire is pleased to announce that it is part of a yearlong national sponsorship campaign with “do-it-yourself,” home improvement icon, Ask This Old House.

“This sponsorship brings two powerful brands together to provide consumers with the most trusted home improvement information out there,” said Shadrick Bogany, local ERA Representative. “We are proud to be associated with such a respected, well known name in the home improvement industry, and we believe this relationship will help raise awareness of both ERA Real Estate and Ask This House as a trustworthy, dependable resources for homebuyers, homesellers, and homeowners. ERA Bogany Properties is in a unique position to use this relationship to benefit our community with special initiatives throughout the year.”

Throughout this sponsorship, ERA Bogany Properties in Bellaire will help support the national broadcast portion of Ask This Old House programming on PBS.

Broadcast programming aired on PBS begining October 2008. Check local listing for show broadcast dates and times in your area or visit
www.thisoldhouse.com/tvschedule.
To find out more information about the sponsorship, visit
www.ERA.com/ask
or contact ERA Bogany Properties in Bellaire located at
4710 Bellaire BLVD STE.120
713 667 100

The National Science Foundation has created the Center for Public Policy at the University of Houston.

The Regional Real Estate Database is being granted 49,500 dollars, which will be a unique and comprehensive database of the Houston Region, to size up the complexities and causes of foreclosures.

This will help determine what is actually going on within the real estate market. So that if changes need to be made than can be made effectively by the results of the studies done with in this group.

This will help the real estate market strive through this recession!

Yes they currently are having an effect on the banks of today.

Reason being because, a lot of banks loan home owners money to pay, rent, or lease, their homes. As people are getting laid off, not financially stable, or just low on cash, are able to keep their homes, foreclosures are popping up more frequently!

So as people are not able to pay for these loans for houses, Banks are losing money!

With the DOW down by 200 points, this means real estate is at an intense struggle as well! I say this because our economy is like a huge “food chain”, one area feeds off of another. As long as the DOW is down, it is stating that the companies with in it are not doing to well either. So, Real Estate being one of these areas, the banks are not able to pick up either.

But do not doubt Houston Real Estate just yet. Houston has not yet seen the dramatic affects of the poor economy. Houston Real Estate is still doing quiet well for this day. We are doing quiet well, actually pretty good compared to others!

Why is this?

It is going to stunt the first time buyers market and present another example of the bail out, not working. It seems as though the only ones to benefit from the bail out will be banks and stockholders.

• Do I fully understand the steps and legal and tax ramifications of selling a home?
• Am I prepared and able to deal with buyers-especially those who see FSBO’s as ready targets for low-ball bids.
• Do I have the time and ablitiy to devote my energy and efforts to everything that selling a home requires?
• Do I have a plan for handling the legal contracts and agreements involved as well as any disputes with buyers both before and after an offer in presented?
• Have i researched financing options that buyers will need and expect information about?
• Have I contacted all necessary professionals, including a real estate attorney, a home inspector and a termite inspector, etc, and agreed with each on their specific parts of the deal?

If you are a first time seller, these questions are even more important since you haven’t been through the process before.