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Agency in Real Estate A real estate broker is a fiduciary and holds a position of trust and confidence. He cannot put himself in a position antagonistic to his principal’s interest, by fraudulent conduct, acting adversely to his client’s interests, or by failing to communicate information he may possess or acquire which is or may be material to his employer’s advantage, or otherwise. The most significant word in this statement is “employer.” This is what so many agents don’t seem ... Read Full Post

Risk Management in Real Estate The practice of real estate is such a legalistic business and we take our jobs far too lightly. I think one of the reasons is because we haven’t had a transaction that ended up in litigation. In all my Risk Management CE classes, I use this illustration; “When you driving down the road and you’re speeding, and you look in your rear view mirror and see a blue light flashing, it’s too late to be concerned about how fast you were going.” The damage is don... Read Full Post

Gulf Coast Condo activity should be picking up soon! Mardi Gras has just passed and we have entered the fasting period of Lent. Very soon spring will be arriving and along with that the departure of snowbirds and the arrival of spring breakers. We have noticed a huge increase of internet lookers that are likely making plans for the spring and summer. Foreclosure purchases have remained strong! While there are probably still some excesses to face up to following the condo craze of several year... Read Full Post

REALTORS opposed to $8,000 Tax Credit Real Estate Webmasters Blogs beats Neil Cavuto on this story by 20 plus days! Yep, yesterday Neil Cavuto on Fox News claimed to have found one of the only RELTORS opposed to the $8,000 First Time Home Buyer Credit. In the interview, the agent that reportedly serves Gazillionaires and one of the most prominent REALTORS in the country, stated that we would all be better off if the markets found their natural levels or equilibrium. Exactly the same message l... Read Full Post

The Gulf Shores Real Estate Market has made substantial downward price adjustments in the past year! As you all know when markets get to extremes there is a long cooling off period before reality sets in. When that happens it takes quite some time for prices to adjust back down to where they should be. Often in finding the equilibrium of supply and demand there is a freezing up in demand that moves prices to the opposite extreme. While we have no crystal ball looking into the future, we are c... Read Full Post

Alabama Foreclosures - Alabama REO and Bank Owned Properties - Baldwin and Mobile County, AL We have just started a new site for Alabama Foreclosures . Our plan is to blog about foreclosure opportunities on the Alabama Gulf Coast which includes the communities of Gulf Shores, Orange Beach, Fort Morgan, Foley, Fairhope, Daphne, and Spanish Fort, in Baldwin County, AL and the City of Mobile in Mobile County. We have an agent that is an REO Specialist and frequents Foreclosure Auctions in both B... Read Full Post

Gulf Shores Condos and Orange Beach Condos have been seeing a little more activity as we move into the spring break season. There has definitely been a large increase in buyer interest as prices have adjusted down considerably and interest rates remain quite low. Website statistics indicate large increases in registrations and return visitors indicating further buyer interest than what the February 2009 Condo Market Statistics indicate. We have also observed what appears to be a readiness to ... Read Full Post

Welcome to the Bella Luna Condominiums in Orange Beach, Alabama! The Bella Luna condo complex is a first class high end luxury condo facility featuring many ammeneties. Located less than one mile from the Florida State line and the world famous Flora Bama Lounge! The building is situated on Old River and has wonderful views of Ono Island, Perdido Pass, Perdido Bay, and direct views of the Gulf of Mexico and the sugar white sandy beaches of South Alabama. Click here to view: Bella Luna Condos ... Read Full Post

Looking for a great vacation getaway? How about an Orange Beach Condo? We have many great options to choose from. Prices have adjusted downward and many buyers will find that they can afford much nicer properties than they could just two years ago. Many of the newer high end condominiums are suitable for primary residences and include great ammenities. Condos are available that are beach front (gulf front), bay front, and canal front. The beach front units are popular with those that are sun ... Read Full Post

Want to make a 3%commission on real estate sales that aren't even in your market? The Maverick Group is bringing together investors to make volume purchases of properties that have great promise of positive cash flow. They are working with developers and rental companies to come up with turn key investment homes with management companies in place to look after the details. Do yourself a favor and click through to see how it works. If the investor is a "Qualified Real Estate Investor" then the... Read Full Post