Browsing Category: "Financial Press Release"

Home Buyers, Sellers Now Access Actual Sales Prices on Southern California Homes Within 24 Hours of Sale

Tuesday, October 14th, 2008 | Financial Press Release

Helps consumers track local markets, find REALTORS®.

Los Angeles, Calif. (PRWEB) October 6, 2008 -- Beginning this month, the Southern California MLS (SoCalMLS), one of the nation's largest Multiple Listing Services (MLS), becomes the newest major MLS to begin displaying detailed information about recently sold properties on REALTOR.com®. As a result, consumers can now access actual sales prices within 24 hours of a sale's closing, review property details and photos, and find the transaction's listing and buyer's agents for thousands of Southern California properties on REALTOR.com®, the #1 homes-for-sale Web site.

Until now, sold data has typically only been available through County public records and not available for 90-days after transactions are completed. This delayed access to accurate data is one reason home valuations on many real estate portals are inaccurate, out of date and unreliable. County records also don't always include significant property amenities which often have an impact on sale prices. Information from the SoCalMLS on "sold properties" will be displayed within REALTOR.com®'s "Find Home Values" feature, a new resource currently under development by the category leader.

"If you're basing a real estate decision on old or out-of-date information, you risk making a poor decision with potentially significant financial consequences," said REALTOR.com® President Errol Samuelson. "Providing current and detailed information on sold properties drawn directly from the local MLS, in conjunction with our 15-minute fresh update program, educates home buyers and sellers so they can have more productive and informed conversations with their real estate agents or brokers. We're pleased to welcome the SoCalMLS as our newest partner to display their sold property information as we further develop and expand our 'Find Home Values' feature."

The SoCalMLS is the fourth major MLS to feed their unique sold data to REALTOR.com® through Find Home Values. Other MLSs currently feeding sold data for display within Find Home Values includes the First MLS in Atlanta, the Greater Las Vegas Association of REALTORS®, the Northern Ohio Regional MLS, the Tucson Association of REALTORS® and the Northeast Florida MLS in Jacksonville.

To access fresh sold data from the SoCalMLS through REALTOR.com®'s Find Home Values, visit REALTOR.com® or directly at www.realtor.com/homevalues.

Contact: Julie Reynolds / Move / 805.557.3080 julie.reynolds @ move.com

Source

Edmonds, Canning & Associates L.L.C. Hires Joseph Paternostro to Work with Investors in Asheville, NC Area

Tuesday, October 14th, 2008 | Financial Press Release

The financial markets are in turmoil.

Atlanta, GA (PRWEB) October 6, 2008 -- The financial markets are in turmoil. Many people are panicking, they are unhappy, and their financial advisors are not calling them. As a result, many investors are leaving their current advisors. This is not the trend at Edmonds, Canning & Associates L.L.C. which has positioned itself as an alternative to the large brokerage house mentality. Edmonds, Canning & Associates, L.L.C. through J.P. Turner & Company, L.L.C. has no proprietary products.

Recently Edmonds, Canning & Associates L.L.C. added Joseph Paternostro to their team. Mr. Paternostro will personally service Asheville, N.C. and the surrounding areas.

"What makes us different? We specialize in chaotic markets. Right now there are advisors out there who do not have the sophisticated strategies or access to the diversity of product needed for this type of market," says Mr. Paternostro. "Not only do we work with clients to diversify them within the financial markets, we specialize in further diversification outside financial markets."

Joseph Paternostro is a Financial Advisor with Edmonds Canning & Associates, L.L.C. 4608 Cedar Avenue, Suite 115, Wilmington, NC 28403. Mr. Paternostro focuses on the Eastern Tennessee and Western North Carolina areas. For a free portfolio analysis, insurance review, or to discuss other financial issues call Joseph Paternostro at 888.949.6684. Securities offered through J.P. Turner & Company, L.L.C. Member SIPC.
J.P. Turner & Company, LLC, is a full-service investment banking, securities brokerage and advisory services firm headquartered in Atlanta with some 150 branch offices nationwide. J.P. Turner has been voted one of the top independent broker/dealers by Investment News each year since 2003. For additional information on J.P. Turner & Company visit www.jpturner.com.

Source

Americas Watchdog Expands Auction Rate Securities Fraud Investigation For Larger Investors & Warns About The Tax Free Muni Markets

Tuesday, October 14th, 2008 | Financial Press Release

For nearly eight months Americas Watchdog, & its Wall Street Fraud Watchdog have been battling to get a refund for all investors involved in the $330 billion dollar auction rate securities con job. According to Americas Watchdog, "next to what greedy Wall Street banks & investment bankers have done to the US taxpayer with respect to the mortgage bailout, the auction rate securities debacle is the worst case of out right fraud in US history, & we will not stop fighting until every bilked investor gets their money back". Bilked investors include pension funds, small businesses or larger investors, that are being classified as sophisticated investors. Larger auction rate securities investors should call Americas Watchdog's Wall Street Fraud Watchdog at 866-714-6466 or visit their web site at Http://WallStreetFraudWatchdog.Com

(PRWEB) October 7, 2008 -- Americas Watchdog's Wall Street Fraud Watchdog is expanding its auction rate securities investigation into larger investors being defrauded by Wall Street banks, investment bankers and name brand stock brokers. According to Americas Watchdog, "even with the retail settlements being announced, it only will cover about $80 billion dollars of the over $330 billion dollars invested in this fraud. This means larger investors, small businesses, pension funds or businesses that were conned into buying into this shell game will get kicked to the curb". Americas Watchdog says,"we will not let this happen. Fraud is fraud, there was almost no way to do due diligence on the auction rate securities market prior to February 2008, because the banks, stock brokers and investment bankers were propping up the markets, so it would look like the auctions were not failing, etc". Larger investors, pension funds, not for profit organizations, or businesses that were sold a bill of goods with auction rate securities should call the Wall Street Fraud watchdog at 866-714-6466 or visit their web site at Http://WallStreetFraudWatchdog.Com

News Image

All Auction Rate Securities Victims Have The Following In Common:

  • Auction rate securities victims were told auction rate securities were just like cash.
  • Auction rate securities victims were told ARPS or ARS were safe.
  • Auction rate securities victims were told a ARPS or ARS had no risk.
  • All of this nonsense was a lie.

Note To the Attorney General of New York & the Attorney General of Massachusetts from the Wall Street Fraud Watchdog: "Why has there been no auction rate securities settlement announced with Wells Fargo for their retail clients? They have enough money to purchase Wachovia, but they don't have enough time, or the inclination to make things right for their auction rate securities clients"?

According to Americas Watchdog, "Congress bails out greedy banks & investment bankers for creating idiotic, if not criminal mortgages, the US Congress encourages no doc, & stated income mortgages (aka Liar Loans), Detroit gets $25 billion for making second team cars, and the bigger auction rate securities victims get a sorry, you were a sophisticated investor----tough luck"?

*Americas Watchdog will do all in its power to force state attorney generals to go after any bank, investment banker, or stock broker that sold auction rate securities, with criminal actions. Larger auction rate securities investors, pension funds, small businesses, or others that were sold ARPS or ARS can call the Wall Street Fraud Watchdog for free help and advice at 866-714-6466, or visit their web site at Http://WallStreetFraudWatchdog.Com

According to Americas Watchdog,"the auction rate securities disaster should have never been allowed to occur. If we would have had a vigilant SEC, this would have never happened. Because we don't want to see another auction rate securities type disaster, we are now advising all US investors to take a careful look at tax free municipal bonds that could be in their portfolios, and have their stock broker, or bank investment advisor confirm in writing, these are safe investments. If the bank investment advisor or stock broker will not do this, the investor should consider a safer investment." (NOW ! )

Americas Watchdog is warning about a collapse of the US tax free municipal markets in 2008-2009 because they predicated their bonds sales on inflated US real estate home values, starting as far back as 2003 (AKA: the VRDN Market).

Investors large or small who have auction rate securities can call the Wall Street Fraud Watchdog anytime at 866-714-6466 or visit their web site at Http://WallStreetFraudWatchdog.com

Americas Watchdog's Wall Street Fraud Watchdog is all about shareholder protection & Wall Street integrity. Its long over due.

Source