An installation of a upside down house was done in Trassenheide Germany which was designed by Polish partners Klaudiusz Golos and Sebastion Mikuciuk.While they did it, it was opened to the public for viewing.

People who went inside the house reported that they felt dizzy and disorientated. Unlike the other upside down house that was mentioned here sometime ago, this house its just upside down on the exterior side but also on the inside. There are pictures of the interior after the jump.

Read more »

In today’s disconsolate real estate market, sellers have to make sure that their properties stand out from the huge amount of unsold homes out there. Pat Vredevoogd Combs, vice president of Coldwell Banker AJS-Schmidt in Grand Rapids, Mich. who is also a former president of the National Association of Realtors recently in an interview gave 7 cheap and easy step that sellers can use to improve their open houses. You can find the 7 cheap steps to a better open house after the jump.

Read more »

Here is an opportunity to learn from someone’s mistake. In this post you will learn never to rent out a new home.

Example 1:

These floors are only 6 months old

The tenants in this home not only destroyed the hardwood, but they also ruined the carpet, the kitchen cabinets, the lino, broke the screen door and wrecked the paint job. All in 6 months!

Read more »

I have realized that since lately it harder to get a mortgage these days. I wonder if it is due to the financial crisis in the US at the moment. Here are a very interesting article regarding the mortgage crisis with questions and answers.

Is it harder to get a mortgage these days?
The short answer is yes! If your credit is beat up, you’re buying a beat up house, you’ve got too much debt, no down payment, or you can’t prove your income it’s tough to get a mortgage. Otherwise, it’s easy!

Read more »

With so much of the U.S. economy hanging in the balance, where do the Presidential candidates weigh in federally insured limits on bank-deposit accounts?

According to a recent MarketWatch article, Both Senators Obama and McCain are calling for “a raising of federally insured limits on bank-desposit accounts in an effort to reassure voters that their funds are safe.” The limit is proposed to be raised from $100,000 of FDIC coverage to $250,000.

This isn’t the first time raising these limits has been suggested. Former FDIC Chairman William Seidman noted he suggested raising it 10 years ago.

[Realty Times]