A collection of news and information related to Real Estate Transactions published by this site and its partners.
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It's not always easy to pinpoint the biggest sale of the year. Mega-million-dollar transactions can take place outside of the Multiple Listing Service, with the homes marketed by agents as "pocket listings." Other times, the buyer and seller work...
There's "Big," and then there's big. Box office giant Tom Hanks has purchased the 14,500-square-foot Pacific Palisades home of veteran producers Kathleen Kennedy and Frank Marshall, according to area real estate sources. The sales price is listed at...
Remember the bad old days of 11th-hour mortgage cost shocks and mystery junk-fee charges? Remember when the "good-faith estimates" your lender gave you upfront said closing costs would be about $2,000, but somehow they ballooned to $3,500 on the final...
When it comes to lawsuits, real estate agents and brokers tangle mostly among themselves. But disgruntled buyers or sellers who believe they've been so wronged that they are willing to spend the time and money to take their realty professionals to court...
If anyone approaches you with an offer to buy your house that seems even the least bit out of the ordinary, there's a possibility that the money for the deal is coming from illegal drugs, prostitution or some other aspect of organized crime. There are no...
First-time home buyers had better get a move on if they hope to take advantage of the $8,000 federal tax credit. The window of opportunity is closing rapidly. To qualify for the credit, any transaction involving a first-time buyer must close before...
Had there been a federal watchdog consumer protection agency on duty during the early years of this decade, could it have prevented the housing boom and bust that put millions of homeowners into foreclosure and sucked trillions of dollars of equity wealth...
It's by far the hottest controversy in real estate this summer, and it could directly affect the value of your house -- probably negatively -- by tens of thousands of dollars. The issue concerns lowball valuations and the new rules guiding appraisers...
Does it matter whether a real estate agent charges you a flat commission rate -- say 6% -- or quotes you a flat rate but adds hundreds of dollars on top of that as a separate charge labeled an "admin" or administrative fee? A top federal housing official...
Tags: Consumers, Crime, Law and Justice, Laws, Contracts, Real Estate
When Bruce Hahn wanted to sell a portion of his Cedar Creek property in Virginia's Shenandoah Valley a few years ago, he listed the parcel with a local broker who offered his services as a "dual agent." And when the broker landed a would-be buyer, Hahn...
Money & CompanySony Pictures Entertainment has signed a lease extension that will keep the studio in the Sony Pictures Plaza building in Culver City through 2016. Financial terms of the transaction were not disclosed, but a real estate broker familiar with the......
Money & CompanyThe California Public Employees' Retirement System on Monday announced that it had changed managers for $724 million in commercial real estate. Privately held CommonWealth Partners of Los Angeles replaced Hines of Chicago as manager of CalPERS' National...
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