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May 2006 |
A Publication of ELLIOTT®
& Company Appraisers |
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ELLIOTT®
INTRODUCES XPANYWHERE;
APPRAISALS NATIONWIDE FOR $299 |
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 The
management of ELLIOTT® & Company Appraisers is proud to introduce
XPAnywhere, a new low-cost service package available to qualified
clients. Rates on standard properties are $299 for limited
appraisals and $99 for construction inspections. Other products are
discounted accordingly.
"In this competitive environment, our clients are asking for a
simpler and less expensive transaction," pointed out Charlie
Elliott, the company president. "We offer this more-efficient
alternative, combined with our independent-appraiser selection
process, giving the client two important tools in today’s market."
ELLIOTT® & Company Appraisers is an appraisal management company
that has been in business for over 25 years and provides property
evaluations through a nationwide network of more than 2,000
appraisers. Clients or potential clients may learn more about the
XPAnywhere service package and how ELLIOTT® can provide effective
regulatory compliance alternatives by contacting the Central Office
at (800) 854-5889.
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CHARLIE
ELLIOTT TO APPEAR ON
MORTGAGE MEDIA MAG BROADCAST |
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 Charlie
W. Elliott, Jr., MAI, SRA, president of ELLIOTT® & Company Appraisers,
will participate in a program on MortgageMediaMagcom about mortgage
fraud. The program is entitled, "The Mortgage Media Mag Fraud
Roundtable."
In addition to Mr. Elliott, participants will include representatives
from Advantage Credit, Interthinx and Core Logic, as well as
representatives from the mortgage broker community. Rob Hain of Mortgage
Media Mag will serve as moderator.
The show can be picked up on the
MortgageMediaMag.com Web
site on May 15. It will be on all day, starting early in the morning.
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MANHATTAN AVERAGE
APARTMENT PRICE
SURPASSES $1K PER SQUARE FOOT |
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 The
highly priced real estate in New York City, especially in Manhattan,
continues to escalate at a rapid pace, according to the Prudential
Douglas Elliman Manhattan Market Overview.
The report said that the average price of a Manhattan apartment reached
$1.3 million in the first quarter, an increase of 7.1% from what it was
during the first quarter of 2005. Meanwhile, the median sales price
jumped 17% to $825,000 and the average price per square foot rose 10.3%
to $1,004.
The report was written by Jonathan Miller, president of Miller Samuel
Inc., a real estate appraisal and consultant company. Miller credited
the 15.5% increase in Wall Street bonuses to the rising real estate
prices.
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RESIDENTIAL REAL
ESTATE AUCTIONS INCREASING |
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 According
to the National Auctioneers Association, its members auctioned
off $14 billion worth of residential real estate property in
2005, a 24% increase over the amount of such business it did in
2003."We think there’s a
very high likelihood that trend is going to rise, based on the
overbuilding in Boston, New York, Chicago, Houston, Orlando and
Jacksonville," said Steve Good, CEO of Sheldon Good & Co., a
national auction firm. "The slowdown is just beginning." |
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QUOTES OF WIT &
WISDOM |
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"Ninety percent of the
politicians give the other 10 percent a bad reputation."
-- Henry Kissinger
"Just because something doesn’t do what you planned it to
do, doesn’t mean it’s useless." -- Thomas Edison
"The greatest mistake you can make in life is to be
continually fearing you will make one." -- Elbert Hubbard
"Failure is not the falling down, but the staying down."
-- Mary Pickford
"It is the spirit and not the form of law that keeps justice
alive."
-- Earl Warren
"There is no security on this earth; there is only
opportunity." -- Douglas MacArthur
"Some people are born on third base and go through life
thinking they hit a triple." --Barry Switzer
"The reasonable man adapts to the world; the unreasonable
persists in trying to adapt the world to himself. Therefore,
all progress depends upon the unreasonable man." --
George Bernard Shaw
"A cynic is not merely one who reads bitter lessons from the
past, he is one who is prematurely disappointed in the
future." -- Sidney Harris
"Philosophy consists, very largely, of one philosopher
arguing that all others are jackasses. He usually proves it
and he also proves that he is one himself." -- H.L.
Menken
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