Now that is a cool domain name for your new sexy high-rise condo development!!!
http://lifesurroundsyou.com is the new website for the ultra high-rise condo development 360 Condominiums in Austin! This is another project by Novare Group out of Atlanta. Check out the website for more details.
Here is another one we love: www.YooAreHere.com (from John Hitchcox’s design development firm YOO.
Whats your favorite real estate URL?
Based in Naples, Florida, The Pet Realty Network™ Team has a combination of over 20 years of Real Estate experience in the United States, the Caribbean, the United Kingdom and Europe and expertise in the Pet industry and can therefore offer a unique perspective about Pets, Real Estate, and everything in between.
The Pet Realty Network™ is owned and operated by Pet Protect®, established in 1997 as a provider of Pet Healthcare Insurance in the United States and is the inspiration of Rhona Sutter, Pet Protect’s President and a licensed Florida Real Estate Agent. Rhona has been involved in some of the most exclusive Real Estate sales and listings in Southwest Florida, the Bahamas and other parts of the Caribbean as well as advising on elite Real Estate investments throughout the United States, the United Kingdom and Europe. With her Pet Protect® and Real Estate background, Rhona has brought together an exceptional Team combining experience in the Pet and Real Estate Industries to form The Pet Realty Network™ .
Search for Pet Friendly Properties
Got questions? Ask PIMMS
Source: by way of Nick Sudano by way of Active Rain Post
Condo Gossip invites all of US for a free happy hour condo networking event in Atlanta. Tuesday, Feb 13th 2007 at Sambuca restaurant. 6:30pm to 8:30pm. The first 100 people will get a free drink courtesy of condogossip.com.
Meet the world famous gossip girls!
Bring your business cards and mingle with your neighbors and local vendors. Anyone interested in condos is welcome to attend.
Don’t live in Atlanta? No problem. Come see me in Las Vegas in March 2007 or Miami in May 2007. Date and time: TBD. Details coming soon. Thanks and see you there!
For more information visit http://condogossip.com
One of our favorite “design” developers - YOO, by John Hitchcox & Philippe Starck launched the ultimate in condo living last year. Through our pal, Miami South Beach Head Honch Real Estate Broker, Mark Zilbert…we recieved this exciting update this a.m.
** PS - UNITS START AT $557,900
Jorge Perez’s Related Group and Zilbert Realty Group (Condo Super Center) Have Created an Alliance. Zilbert Realty Group is now an ICON BRICKELL CERTIFIED BROKER. We have teamed up with RELATED to help you learn about this project, and we want you to feel comfortable about living with us. We want to make it worth your while, so we have come up with a special SUPERBOWL PROMOTION. We know that people love free stuff, and we are ready to give you free stuff!
Ok ok…I went a litte overboard this a.m. but we really like Icon Brickell. If you are looking to buy down in Miami…not on the beach, but want a really awesome piece of property…Icon Brickell could be your choice. Its going to be a city within a city.
Here are some specs on Icon Brickell:
Developer: Related Group
Architect: Arquitectonica
Completion: 2008
Units: 685
Sizes: 640 - 1984 sq/ft
** PS - UNITS START AT $557,900
Want more information on ICON Brickell, check out:
Want more details on other Miami Condos…visit http://miami.condoDomain.com
The Sugar House in the heart of Paulus Hook and 3 blocks to Exchange Place. The ultimate in luxury living in this Soho style loft Condo. This 2 bedroom unit features a spectacular grand living room with vaulted ceilings, 2 entire walls of windows, river views and gas fireplace. The open kitchen leads into living area for entertaining; Viking appliances, Italian granite counter tops, Viking wine cooler built-in custom bar, high ceilings throughout the unit, oak wood floors, stand up shower and Jacuzzi tub in master bath, 24 hour concierge, 1 car parking in garage and gym. Simply one of the best condo buildings in NJ. $1.4M -Sugar House in Paulus Hook 2 Bed/2 Bath. Continued…
More on Jersey City Condos and our Fav - The A Condos!!!
Source: New York City Real Estate Blog
Yes, I guess this is a week of leverage for me. Earlier I was writing about how to finance your furniture…now, finance your domain name. Just leverage your lifestyle :) (j/k)
I made a personal acquistion today on a new domain name in which I believe it is valuable and hopefully in the future will plan to do something with. Upon purcasing this domain which was owened by a domain house (firm that buys domains then charges 3000% markup) and during my transaction they asked me if I wanted to finance this investment…pretty neat, right? I didn’t know you could do this…but there is a company out there called Domain Capital. They have done some pretty big deals with some pretty big companies like CD.com and you can even refinance your domain like SanDiego.com did for $1,000,000.
“Domain Capital is the first and only financial services company to offer financing to businesses based on the inherent and recognized value of premium domain names. Our vision is to innovate exciting new financial products and services designed to enable entrepreneurs to exploit new business models.”
I opted to empty my bank account and I didn’t take the finance plan…however I thought it was Condo Blog worthy and would share with you.
One of our favorite clients MCZ/Centrum based out of Chicago has the ultimate in reward programs for participating brokres who love to work with Centrum Properties. You can visit MCZ/Centrum’s reward website at http://affinityrewardprogram.com.
The program is based around volume and working with friendly local brokers who like to sell pre-construction or new construction to their customers. Some of the dynamite additional rewards programs you can recieve include an AUDI TT, Addition Commission over and above the NON-rewards member, $100k cash bonus, 2 for 1 deals, Saks Gift Cards and much more….
Register today and check out the different membership levels here, this program is unreal!
Below is a line up of some MCZ/Centrum Condo Properties:
Flamingo South Beach, Miami, FL
SIAN, Hollywood, FL
Parc Central East, Aventura, FL
Mirabella Residences, Orlando, FL
The Palms Club, Orlando, FL
Serenata Condominiums, Sarasota, FL
The Fairbanks at CityFront Plaza, Chicago, IL
The Lofts at Roosevelt Collection, Chicago, IL
The Residences at Bradley Place 2, Chicago, IL
In the late 1960s, it was Los Angeles’ tallest building — and a first piece of what became downtown’s modern skyline.
Now, the 42-story tower at 6th Street and Grand Avenue is making history again, this time as what appears to be the largest “adaptive reuse” project in Los Angeles history.
This week, the Los Angeles Planning Department is expected to approve plans by a developer to convert the building — which was originally known as the Crocker-Citizens National Bank building — into a mixture of commercial and residential condominiums.
Most of the adaptive reuse downtown Los Angeles has seen so far has focused on the conversion of historical bank buildings into residential units.
But this signals something new: The arrival of the residential building boom in the heart of office tower country. Most of the loft and condo development so far has been to the north in the old financial district and to the south in the neighborhood around Staples Center.
The only other major downtown skyscraper to go residential was the vacant 1100 Wilshire office building, which opened to new homeowners last year. Continued…
More information on LA Condos
Source: LA Times
Also feel free to check out San Diego Condos, San Francisco Condos
A small sneak peak at the new condoDomain navigation…coming soon!
Today is Oprah’s 53rd Birthday. Happy Birthday, I am sure my Mom sent you gift in the mail!
Oprah Winfrey neighbors in the exclusive Water Tower Place Complex, in Chicago, have been causing a fuss because they fear Oprah’s dogs will run riot around their condominium building.
Oprah Winfrey has spent a lots of money connecting 4 separate condos and now other residents are complaining about her furry friends.
Residents have complained to the management, worrying that their luxury condo homes will be overrun with Oprah’s 5 dogs, and the building has a strict 1 pet/unit policy.
The building manager insists the Water Tower residents are making a big fuss over nothing because she has already spoken to Oprah about the dog issue.
Source: Nick Sudano Active Rain Blog
More details on Chicago Condos here.
…and I am not talking about putting it on your AMEX at 18% interest or using those catchy in store finance programs. What I am referring to is…finance it within your mortgage! Many are probably asking themselves…can I do this? The answer is YES, you can. Here is probelem #1, most if not all the loan officers you will ask will say that you can’t and the reason being is, they dont know how to do it (and are probably too lazy to research it). Well below I will show you one out of the 3 ways you can do this according to Fannie/Freddie guidelines.
Scenario A - 5% down on a 500,000 purchase price
Jimmy (Buyer) enters into an agreement to purchase a $500,000 new condo / loft.
Jimmy has no time, no decorating talent, but is business minded smart and he knows that a properly upgraded and well designed condo or loft will have a higher re-sale value and he will most likely get out what he upgrades…or more.
Jimmy’s sister Lina has a good eye for design so she decideds to help Jimmy.
Jimmy and Lina go out and pick out plasma TV’s for living room and bedrooms, tables, chairs, couches and even art work and silverware. At the end of the Jimmy and Lina estimate about $12,000 in upgrades. (they went to those cool stores that dont cost a lot like IKEA)
Ok here we go…
Jimmy now needs to find a mortgage lender who will loan him $487,000 on his $500,000 new condo.
Well, before Jimmy was going to purchase the condo for $500,000 with 5% down…so he would need a loan for $475,000. Most likely he would have got a first mortgage for $400,000 and a second mortgage for $75,000 (to avoid PMI - private mortgage insurance).
To stay intune with Fannie and Freddie guidelines we are going to keep the first loan amount at $400,000 (or 80% of the real estate purchase price) and we are going to UP the second loan amount by $12,000, making it $87,000.
At the closing, when Jimmy goes to close on is $500,000 condo, he will have a first mortgage at $400,000 + his second mortgage of $87,000 of which he will only need $75,000 drawn on it that day + his $25,000 deposit he put down a month ago at Purchase & Sale.
He Closes, gets his keys and orders his stuff for delivery and pay’s for it on his 2nd mortgage line in which he has $12,000 left to spend (as estimated)…yup…its that easy.
The Numbers … why do this?
(Example, lets use 6% rate for 1st mortgage and 7% for 2nd mortgage both scenarios with 5% down on $500,000 purchase.)
Example 1 - Without furniture or upgrades
Purchase Price $500,000
1st Loan (80%) $400,000 - $2398.20
2nd Loan (15%) $75,000 - $498.98
Total Payment $2897.18 Per Month
———————————————
Example 2 - WITH furniture & upgrades
Purchase Price $500,000
1st Loan (80%) $400,000 - $2398.20
2nd Loan (15%) $87,000 - $578.81
Total Payment $2,977.01 Per Month
———————————————
GRAND DIFFERENCE IS - $79.83/MONTH…now would you rather scrape together another $12,000 after spending all your cash for your $25,000 down payment? We have done this time and time again and all of our clients have been so happy to have a completely brand new place for very little $…and when they go to sell in the next few years, its been completely decorated and has a much higher re-sale value.
PS - your 2nd mortage is tax deductable too 
Contact Christina - clongo[at]nymc.com or visit Condo Mortgage Group for more tips and tricks to our finance program.
Often private islands are in remote locations. Not this one. This island is located in Lavallette, New Jersey. The unique home on this small island was built to give the feeling of being on a ship. It has five bedrooms and there is also a one bedroom guest house. The home has a helipad (there is a helicopter on the premises) and there are two boats included(19′ & 25′). This unique property also comes with a lot on the mainland for docking your boat for access to the island. The island also has an in ground pool, bocce court, jogging path and a beach. It is listed at $8.5 million. After the jump, your morning commute just got a bit more interesting.
Source: Luxist Estate of the Day
or visit New Jersey Condos
An all new condo development by Battistella in Calgary Canada - Chocolate Condos!!!! The website is boasting Delicious Views! You should probably just check it out for yourself, well…if you like Chocolage ofcourse!
Somewhere in your lifetime…or 2nd life you were a celebrity. We did some research on our core group here in Boston…and we came up with a famous actor, an NBA superstart, an FBI Hero, a Civil War Hero and international sports icon. Here are our stories:
In my past life I guess I guess I was a pretty big Actor:
Tony Longo is the Big Guy in “Angels in the Outfield” and “Flinstones, Viva Rock Vegas. When you bump into Tony Longo, currently 6 foot-6 weighing in at 300 + pounds, your first impression would be to run the other way.
Now I work for a company called condoDomain and run a Condo Blog
Stan “Stutz” Modzelewski ’42 - Three-time All-American…one of the original players that ran Coach Keaney’s “Firehorse Brigade” offense…led nation in scoring in 1940 with 23.1 ppg…totaled 1,730 career points…later played with New York Knicks and officiated for nine seasons in NBA.
This guy really is Matty’s Grandfather, Matt leads our East Coast market development!
He trained Cuban-Americans to bomb their homeland. He fell in love with The Cause. He joined the assault on the Bay of Pigs and flew for his life above the sea. Then Carl Nick Sudano barely mentioned any of it for 40 years. Big Nick now runs condoDomain Market Develompent efforts nationally.
Christian Major Fleetwood, a native of Baltimore who served in the Fourth U.S. Colored Troops, was one of thousands of African Americans who fought in the Civil War in hopes of gaining equality, freedom, and citizenship for their race.
Chrsitian Major now battles Market Development for our West Coast operations.
Alexander Matthew Busby, CBE (26 May 1909 – 20 January 1994) was a Scottish football player and manager, most noted for his management of Manchester United F.C. during the from the 1945-1969 and 1971-1972 is longest serving manager in the history of Manchester United ahead of Sir Alex Ferguson
aaaa…and Mr. Matt Busby is the brain surgeon behind our technology!
What celebrity was wearing your name way back when????
The “Friends and Family” whose contracts for discounted condos in a Donald Trump tower in Chicago have been voided may not be feeling so friendly. Early purchasers, most of them insiders involved in planning and designing the Trump International Hotel & Tower, were told they would get a discount on the purchase price be able to put up a smaller down payment. The contracts also allowed them to resell the condos before actually closing on them, the Chicago Tribune reported.Recently, about 40 purchasers received letters from a lawyer representing the real estate tycoon and star of TV’s “The Apprentice,” telling them their contracts were null and void.
While language in the contracts appears to allow the cancellations, Richard Peiser, a professor of real estate at Harvard, said he had never heard of that kind of pull-back. Because the early sales help developers get financing and move the project along, “it would seem the buyer should enjoy the upside,” Peiser said.
The friends and family can still buy if they want, but only by paying close to the current asking price. Trump appears to have little sympathy for his former friends, telling the Tribune he is the one who made the project “a tremendous success.” “Don’t feel bad for them,” he said. “I paid them many millions of dollars in fees.”
Visit Chicago Condos and new properties here!
Are you searching for the newest luxury condos available online….well, we have a pretty good site now…but condoDomain 2.0 is just a few days away from release. What is it going to include? Well, we don’t want to spill all the beans right away…but we will share some cool things with you! Here we go:
1. New Mapping & More of it!(Microsoft your out, Google, your in!)
2. RSS/XML from our closest blog partners. - Read it while its HOT!
3. Six more syndication partners (and yes its still free for Real Estate agents to post all their listings!)
4. Cool New Condo Movies!
5. Condo Developers, yes we made a free level of service for you too. (You kinda get what you pay for though), contact big Nick, Matt (East Coast) or Christian (West Coast) for more details.
Look for our new interface in the coming days/week. We all hope you like and we hope it’s 2.0 enough for all the critics
Our pal Joe launches FoREM job board. There are no jobs posted yet, but this may be the source for high-tech real estate professionals! Make sure to check it out often if your looking to hire!
The Future of Real Estate Jobs is a job board that hopefully will help connect those who love real estate and real estate technology with the companies who are looking for those same passionate individuals.
Whether you’re looking for writers, engineers, executives or marketers, you will find them all right here.
The Future of Real Estate Jobs can be accessed at any time by clicking on the button below.
In one of the most expensive cities to live in the world…you can be sure to find some of the smallest units too!
Location, location, location. Almost anywhere else, the tiny dilapidated studio wouldn’t attract much more than mice. But this is London and the 77-square-foot former storage room — slightly bigger than a prison cell and without electricity — is going for $335,000.
The closet-size space in the exclusive Knightsbridge neighborhood may be only about the size of a ship’s galley, said real-estate agent Andrew Scott, who’s handling the sale. “But it’s permanently anchored to one of the wealthiest neighborhoods in the world.”
At more than $4,340 a square foot, the mortgage buys a spot within walking distance of tony stores like Harrods and London’s iconic Hyde Park. Originally conceived as a maid’s room, the apartment at 18 Cadogan Place hasn’t been used in years and is littered with trash bags and crumbling paint. Continued…
Soucre: Seattle Times, by way of Curbed SF by way of Zillow
Inside Sccop by condoDomain - Scrape together Cash for a unit like this in the States….because you cant finance a unit that small! Usually mortgage companies and secondary markets look for a minimum of 400 sq/ft.
Since Chanel No.5 didn’t get much ROI off the $15 million they paid Nicole Kidman to appear in one of their ads, someone else might as well get some mileage out if it. Singapore luxury condominium developer CDL replicated the Nicole Kidman imagery right down to the backward necklace to promote its One Shenton condo project. What’s that saying? Imitation is the purest form of flattery? More like “We’re a sleazy developer who has mo problem freeloading.” For comparision, here’s the original Nicole ad.
Source: Adrants
Matt Busby our lead technical engineer here at condoDomain.com made an announcement earlier today. “I really love Google Maps, the guys from Microsoft Virtual Earth stink & never called us back and we are now switching over to Google…Microsoft your outa’hea.”
Recently, Microsoft Virtual Earth has had difficulties rendering our Geo-coder in the new Firefox 2.0. Supposedly there is a fix for this (as we were told @ Inman Connect NYC), however, we have had zero response from Microsoft….so Microsoft, your out…Google is moving in!
(Photo created by Jaron Sampson)
As a side note, Mr. Busby has noted throughout the day that Google maps has been incredibly easy to implement and is by far the fastest mapping service yet. Stand by in the next few days to see our new Condo Maps by Microsoft Google!
(Sneak Peak Below)
THE PACKAGE HAS ARRIVED! Our Chicago Condo Blogger, Jeff Kerr (Coldwell Banker Agent) comes through with Chi-Town-Living T-shirts! Thanks Jeff!!! Here are some pics of Nick Sudano (Left - big guy) and I modeling them. If you have T-shirts made of your blog…send them our way and we promise to model them off to the Condo Blog-o-sphere!
Get your own Chi-Town-Living T Shirt on Zazzle or visit ChiTownLiving for Chicago Real Estate News!
[ Visit to Chicago Last week ]
PS - Sellsius…we know you guys got some T’s over there….send’em!
Roger Federer and Andre Agassi battle it off on top of Dubai’s most luxuriest condo-hotels, Burj-Al-Arab. Soaring 211 meters above sea-level which is just about 693 feet! Watch the video - this thing is awesome (and thx sellsius)
…and it shoots 180 degree pano’s! Its awesome and after we get done testing it in the field we will release all the data on it. Here is our first shot taken today in our office. You can also catch a glimpse of our Lead Engineer Matt Busby! Say hi Matt.
Zoom In
Sorry my desk (slash conference room slash lunch room slash video studio) is messy but we are working on some big deals right now…and no we don’t have cable @ work…its all business at condoDomain.com! If you zoom in enough maybe you can find some of our trade secrets .
Face a 25% Increase in Payments This Year
How homeowners who have adjustable-rate mortgages cope with the coming increase in their monthly payments will play a role in whether consumer spending slows in the new year, the former chief economist for the National Association of Realtors said this month. Economist John Tuccillo said in an address to the Wisconsin Bankers Association that with more than $1 trillion in adjustable-rate mortgages set to reprice upward this year, homeowners are looking at a 25 percent rise in the amount of house payments unless they refinance.
If the burden of bigger payments is substantial, it will be felt in the rest of the economy, Tuccillo said. Continued…
Source: By Paul Gores, Milwaukee Journal Sentinel
Anyone going to the International Builder Show in Orlando? We are thinking about going this year. Its always a great show…we have been the past 4 years. Its in Olrando again this year on Februrary 7th - 10th. The exhibts get better and better every year. Last year Kohler (the faucet/accessory company) had basically a full concert for their ongoing daily exhibit! For more info on the show visit their website. at buildershow.com.
PS - Thx Swerdlow for the reminder!
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