Homester.com Web News Archive

Real Estate Agent Accused Of Running Scheme (KITV TheHawaiiChannel.com via Yahoo! News) - A local real estate agent is accused of running an investment scheme that cost a client $100,000. A lawsuit says Atlantica Tanuvasa promised earnings of 10 percent in just two or three months to a woman who ended up giving her more than $100,000.

Real estate hits Bank of Florida earnings (bizjournals.com via Yahoo! Finance) - Bank of Florida Corp. said deteriorating real estate values hurt its results, as it posted a fourth quarter loss and lower earnings for 2007.

Rakaa Property signs Cornerstone Real Estate as exclusive sales and marketing agent (AME Info) - Rakaa Property Development, the real estate subsidiary of reputable Saudi company, Rakaa Holding, announced that Cornerstone, one of the UAE's leading property management company, is to be the exclusive sales agent for Rakaa's latest Reem Island projects; Dynasty Tower and Falcon Crest.

Former Vegas real estate consultant gets 2 years in bribe case (North County Times) - LAS VEGAS -- A former southern Nevada real estate consultant was sentenced Thursday to two years in federal prison for trying to bribe a Las Vegas city councilman.

Real Estate Agent Accused Of Running Scheme (KITV Honolulu) - A local real estate agent is accused of running an investment scheme that cost a client $100,000.

Bank launches real estate brokerage as peg in growth strategy (Lincoln Journal Star) - Cornhusker Bank has launched a new full-service real estate brokerage — a business bank officials believe is a seamless fit given its experience in financing real estate projects.

Home buyer who overpaid sues real estate agent (12 News Phoenix) - Given the American obsession with litigation, it’s somewhat amazing that legal experts could not recall a case of a home buyer who may have overpaid suing a real estate agent before Marty Ummel came along.

Blueprint out for real estate funds (rediff.com) - Invest in real estate, they say. It costs only Rs x a square foot, they add. But you cannot buy a couple of square feet of land even as an investment. And that's why the idea of a real estate investment trust, or Reit, is so attractive.

Real estate transactions (The Columbian) - Residential real estate transactions over $150,000 filed with the Clark County Assessor from Dec. 1-15. The information includes seller's name, buyer's name, property location, description, price and closing date. List below are some of the 406 transactions recorded in December.

Real-estate losses hurt Zions (Deseret Morning News) - Zions Bancorp.'s net earnings dropped 70 percent in the last quarter of 2007, compared to the last quarter of 2006, after the Salt Lake City-based bank lost millions in real-estate investments.