About Richmond County, VA

Commonly asked questions about REITs and Real Estate Mutual Funds are answered during a recent interview

Phoenix, AZ - REITbuyer.com is a newly launched site for investors to get information about real estate investment trusts (REITs). REITs were established by US Congress in the 1960s to allow individuals and families to be involved in large-scale investment opportunities. "Access to these investment opportunities was limited to wealthy individuals and institutions before Congress became involved," said Earl E Bird, III, spokesperson for REITbuyer.com.

The first question asked was "What are REITs?" "Real Estate Investment Trusts (REITs) are corporations that primarily own and usually operate income-producing real estate including hotels, commercial office buildings, rental homes, apartment complexes, etc...REITs may also finance real estate and many have their shares traded on major stock exchanges," explained Earl.

Earl also explained the requirements a corporation must comply with in order to be considered a REIT. "According to the provisions of the Internal Revenue Tax Code, a REIT is required to pay, annually, at least 90% of its taxable income in the form of shareholder dividends. A REIT must be managed by a board of directors or trustees and have a minimum of 100 shareholders. They must invest at least 75% of the REIT's total assets in real estate assets and their shares must be fully transferable.

Earl also discussed the different types of REITs available today. "Right now, there are nearly 200 publicly traded REITs in the US according to the National Association of Real Estate Investment Trusts with a combined market value of nearly $400 Billion. Shares of REITs are being traded on major stock exchanges daily, which make them different from traditional real estate."

REITs are considered to be a good investment for diversifying your portfolio and reducing financial risk. REITs dividends come from the rent paid by those who occupy the REITs properties, which is considered to be a fairly stable revenue stream. Because rental rates tend to increase during periods of inflation, REIT dividends are usually protected from the negative effect of rising prices. Read more on Earl's REITs blog at http://cramerstock.blogspot.com/

REITbuyer.com is an online brokerage information site specializing In REITs and Real Estate Mutual Funds - The World's first and only site dedicated to REITs Real Estate Mutual Funds. This is a place for the small investor to own a piece of world class real estate.

The above press release is not the opinion of SaveDaily. Any advice given is option of writer. Savedaily is not endorsing this press release. http://www.reitbuyer.com/ is not broker or dealer. All investments are risky by nature and professional advice should be sought.

Our portfolio true jumbo mortgage rates dropped on some programs, and held steady on others this week in Virginia.

Despite the Fannie Mae High Balance Loan Program being introduced, loan limits have remained at $417,000 for Fannie Mae loans in much of Virginia. The Fannie Mae HBLP are also has some hits to pricing which are prohibitive, particularly to those looking to simply consolidate debt. Our program allows for loans up to $1,500,000, subject to qualification and loan to value restrictions.*

Our true jumbo loan programs, called our Portfolio Program, allows for higher loan balances at extremely competitive terms!

Currently we have the following Jumbo Rates with 0 points as of business close on 4/10/09**:

Call Michael Byrne at 908 531 6170 or 800-999-2489 x7972 for current rates.

30 Year Fixed call for personalized quote.

5/1 ARM, 7/1 ARM, and 10/1 ARMS are available: Call Michael Byrne for quotes on these and all products.

Typical minimum FICO scores of 680/700. Full Doc loans only. Subject to verification of post closing assets and full underwriting.*

Currently with loan to values of up to 75% on purchase money/rate term refinances to $750,000, 70% on purchase money/rate term refinances up to $1,000,000, 65% Financing to $1,250,000, and 60% to 1,500,000.

We also offer competitive pricing on FHA, VA and Conventional Loans in Virginia, as well USDA loans in qualified areas. We underwrite and fund these loans in-house.

Michael Byrne

908 531 6170 Cell

www.refi-fhasecure.com

www.mortgageprosforum.com

* Guidelines subject to change without notice and subject to final investor underwriting **Price adjustments for cash-out loans over a 70% LTV .25pt. Other restrictions apply.

Gateway Funding Diversified Mortgage Services, L.P. is licensed by the PA Department of Banking as a first mortgage banker and licensed pursuant to the PA Secondary Mortgage Loan Act; Arkansas Mortgage Company License; Licensed by the Department of Corporations under the California Residential Mortgage Lending Act; DC Mortgage Lender and Broker; a Georgia Residential Mortgage Licensee (#15499); Illinois Residential Mortgage Licensee; Kansas licensed Mortgage Company; Massachusetts Mortgage Lender and Broker (#MC-3052); Licensed by the New Hampshire Banking Department (#10192-MBB); Licensed by the NJ Department of Banking and Insurance; Licensed Mortgage Banker NYS Banking Department; a Mortgage Lender and Broker in Rhode Island; Gateway Funding is also authorized or exempt as a mortgage banker in AL, CO, CT, DE, FL, IN, IA, ME, MD MI, MN, MO, MT, NE, NV, NM, NC, OH, OK, OR, SC, TN, TX, UT, VT, VA, WV, and WI. This is not an offer to extend credit to any individual who may be entitled to a more complete disclosure per RESPA, TILA, HOEPA or any other more applicable federal, state or local law or regulation, Rates, Terms, Fees and Equity requirements are subject to change without notice. For qualified borrowers only. Equal Housing Lender. © 2009 Gateway Funding Diversified Mortgage Services, L.P.

Ct. Super Jumbo Loan Programs Delaware Jumbo Loans New Jersey Jumbo Loans NY Super Jumbo Loans

Rivah Realty, LLC has been voted "Best Real Estate Company in the Northern Neck again in 2008 by Readers of the Northern Neck News! Our broker, Barbara Jean LeFon opened our company in 1999 and now has two offices here in the Northern Neck.

Our company takes pride in our work! We are members of the Northern Neck Association of Realtors, the Va Association of Realtors and the National Association of Realtors. Our website has been recently updated and has a lot of useful information for past clients and future clients.

Visit us on the web: www.rivahrealty.com

Montross Office: 16501 Kings Highway Montross, VA 22520 Telephone: 804-493-8772 Fax: 804-493-0781

Warsaw Office: 6735 Richmond Road Warsaw, VA 22572 Telephone: 804-333-8772 Fax: 804-333-8774