Remember if you have a vacant forelcosure in your neighborhood that has a swimming pool with standing water, please let your local vector control agency know so they can monitor it and the mosquitos that could be infected with West Nile Virus.  Click on image for vector control website

Until recently, I had no clue that the concept of a wellness home existed.  It was not something that I learned about in Real Estate school nor was it something that I learned in Business school. 

As fate would have it, a friend explained the concept and something about it made a great deal of sense. It made so much sense that the Rabelo Group is announcing the formation of a strategic alliance with Nikken Incorporated.

The goal of our two great companies is to provide homeowners with an opportunity to identify if their home is providing them with illness or wellness.

Please view the video demonstration and decide if you would like to learn more about how you can make your home into a wellness home. The consultation is FREE and it could improve your quality of life. 

At the very minimum, it is a creative way to help you differentiate your home from all the rest that are being marketed For Sale.  Please contact me for more details.

Do you have an opinion? Please share your comments below.

FBI Announces Mortgage Fraud Arrests

Inman News--June 19, 2008

Look out Bad Boys and Girls, it's the long arm of the law reaching out to make examples of you!  That's right, the FBI is serious about investigating suspicious cases involving Foreclosure rescue, seller assisted and suspicious short sale transaction as some of the mortgage fraud schemes they are looking into.

According to the article that is linked, the FBI has over 1,400 open cases they are investigating and has charged 406 people on mortgage fraud. One of the reasons identified as to why the FBI is making the arrest so public is because they want to make examples of suspects so that others will think twice.

What's your opinion? Please share your comments below.

Mortgage Rates Jump Higher

Bankrate.com--6-16-08

According to Bankrate.com, interest rates have increased 26 basis points this past week and inflationary concerns could spike interest rates further.

What does that mean for someone currently in escrow? Make sure that you consult with your lender because if you have not locked in your interest rate, you run the risk of paying a higher rate.

My advice is to make sure to communicate with your loan officer regularly so that you can guarantee the best rate possible.  If you have a story to share, please comment below.

When Will YOUR Housing Market Recover?

Bankrate.com--June 15, 2008

Here is a great article I found on forecasting the Real Estate market.  The article offers website links to housing data useful for dissmenitaing current trends.

There is one other site that I use that is not listed and it offers a ranking of all 50 states by housing appreciation. Go to www.OFHEO.gov Let me know if this helps. Please share your comments below.