Regulators take liberties with real estate legislation

Is this email not displaying correctly? View it in your browser  |  Prefer mobile version? LOWESREALTORBENEFITS.COM LOWES MOVING LOWES.COM INMAN.COM DAILY REAL ESTATE NEWS April 13, 2011 Regulators take liberties with real estate legislation By KEN HARNEY Maybe a federal government shutdown now and then would be a good idea — certainly for the current crop of financial regulatory officials. Twice in the past six months they have taken congressional mandates that significantly affect real estate transactions and home mortgages, and mangled them badly. Ruling: Michigan MLS restrained competition Michigan's largest multiple listing service "unreasonably restrained competition" among real estate brokers by refusing to transmit exclusive agency property listings favored by discount brokers to Realtor.com and other public-facing Web sites, a federal appeals court has ruled. Continued » Buy real estate for the right reasons There were 1 million foreclosures nationwide in 2010 and there are expected to be more in 2011. Many consider now a good time to buy because mortgage interest rates and home prices are low. But how can you keep from ending up in a distressed-sale situation, or ending up underwater with a loan amount that is higher than the market value of your home? Continued » RealtyTrac rolls out net equity tool Foreclosure data site RealtyTrac has launched a tool that estimates the negative equity of a home in the foreclosure process, the site announced Tuesday. Continued » Purchase loan demand up as rates stay stable Demand for purchase loans picked up at the end of March to the highest level of the year, while mortgage rates were mostly unchanged this week, according to surveys by the Mortgage Bankers Association and Freddie Mac. Continued » More News Stories House vs. barn question at issue in renovation Another day, another call for real estate reform Taxes: Need an extension? Top 10 paid photo apps for iPhone How to get rid of your office and cut costs in 10 easy steps The Web is no longer wired, it's ambient. Your office is wherever you happen to be. Cables, cabinets and cubicles seem crazy. Here's how to make the switch. Presented by: Chris Smith, Co-Founder, TechSavvyAgents, @techsavvyagent Watch the video Future of Real Estate Marketing What You Need to Know Before You Convert your Facebook Profile to a Page When Facebook announced last week the ability to change your personal profile to a business page, I heard the universal “whoot whoot” from real estate agents all over! However, as we’ve seen, there are some really important things to know before you jump on the bandwagon and convert your personal profile to a page. Continued » Use our free toolkit to send your buyers and sellers customizable direct mail and email with co-branded tips, Lowe's coupons, discounted gift cards, and more. FREE Direct Mail — 10% off Lowe's coupon Send personalized direct mail with your own message, logo and picture. Learn more » First Time Home Buyers Guide! Send a FREE Lowe's Creative Ideas First Time Home Buyers Guide. Learn more »   About Inman News™ Agents and brokers around the world turn to Inman News first for accurate, innovative and timely information about the industry. Known for its award-winning journalism, cutting-edge technology coverage and forward-thinking conferences, Inman News is the leading independent source of real estate news, education and insight. customerservice@inman.com  -  800-775-4662  -  www.inman.com This newsletter is intended for: roballeyrealtor@gmail.com If you wish to edit your subscription or unsubscribe from Lowe's Daily e-News, please click here. Lowe's Customer Care(CON8) 1065 Curtis Bridge Rd. Wilkesboro, NC 28698. © 2011 by Lowe's®. All rights reserved. Lowe's and the gable design are registered trademarks of LF, LLC.