Danielle Realtors Association of the Palm Beaches

Information comes from an article written by Mortgage Planner Dan Green, TheMortgageReports.com

For Non-U.S. Citizens, Consider Buying U.S. Real Estate In 2008 Instead Of 2012

(I love that little graph above)

"When foreign national buyers consider investing in U.S. real estate, they often focus on projects set to deliver 2-4 years out as opposed to projects that are ready to deliver today.

Considering the path of the world's economy , this long-term investment strategy may be a bit short-sighted. For non-U.S. citizens wanting to buying investment property in the United States, there are 3 excellent reasons to consider buying property now instead of at some vaguely-defined point in the future.

By themselves, each point holds it own merit. Combined, however, the rationale is even more logical."

Here are Dan's 3 Reasons:

Reason #1: Home prices in the United States are relatively low

Reason #2: The U.S. Dollar is running wild over the Euro, Pound, and others

Reason #3: Foreign national mortgages are still available, despite what you hear

Read the complete article and the full description of Dan's Reasons here.

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For information on affordable International advertising please contact Ytonna Finnegan at 561-688-1352 or email at yfinnegan@rapb.com (Advertise to 11,000+ Estate Agents in the UK)

Brought to you by the Edelman office out of Atlanta.

Finally Florida is cracking down on Mortgage Fraud!

http://www.youtube.com/watch?v=yndRudxePBk

I logged onto Google the other day, like I do so many times a day and I noticed a link below the search bar that read: Project 10 to the 100th is a call for ideas to change the world by helping as many people as possible. Sounded interesting so I clicked on it.

Turns out Google is looking for ideas to change the world from all of us and they are willing to fund $10million to make that idea a reality. I think this is a great thing Google is doing. Finally a company using their money for a good cause!

Below are the categories they are looking for ideas in:

• Community: How can we help connect people, build communities and protect unique cultures?
• Opportunity: How can we help people better provide for themselves and their families?
• Energy: How can we help move the world toward safe, clean, inexpensive energy?
• Environment: How can we help promote a cleaner and more sustainable global ecosystem?
• Health: How can we help individuals lead longer, healthier lives?
• Education: How can we help more people get more access to better education?
• Shelter: How can we help ensure that everyone has a safe place to live?
• Everything else: Sometimes the best ideas don't fit into any category at all.

If you have any ideas submit them to Google or if you have an idea that maybe needs a little help post it here and maybe if we all put our heads together we could think of something even more powerful.

Deadline is October 20th!

Thanks for taking the time to make our world a better place.

Realtor Win!

Doc Stamp Payment Issue on Short Sales Resolved

Great news today!

There has been a dispute over amounts owed on the documentary stamp tax for "short sale" properties. The dispute centers on whether the doc stamp taxes owed on the deed is based on the sales price paid by the purchaser, or on the sales price plus any existing debt forgiven by the bank.

The doc stamps should be paid on the lower amount, and NOT the amount plus the forgiven amount by the lender in an arm's length transaction between the three parties.

This is a huge Realtor victory!

Click Here for the official letter from Robert Babin, Deputy Director, Florida Department of Revenue.

Questions? Contact Dionna Brahs, VP of Government Affairs at dbrahs@rapb.com

Make sure to congratulate them if you do!

RAPB SALUTES THE 2008 ANNUAL AWARDS WINNERS -
Frank Gulisano - Realtor of the Year
Comcast Spotlight - Affiliate of the Year
Thomas Thayer - Community Service
Kristen Stampini - Rising Star

This event was a great success and we thank everyone that attended!

Don't miss the next fun events:

2008 Installation Celebration: One InSAIN Affair!

Click below to view the E-vite (Make sure your speakers are turned up and get ready to laugh)

Next up:

Click on the logo below for more information and to register

If you are interested in renting a booth for this event, please contact

Ytonna Finnegan at 561-688-1352 or email at yfinnegan@rapb.com

We are expecting about 200 Realtors and 70 vendors!