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Real Estate Agent - Palatium Auction and Appraisal Service, Real Estate Auctions, Estate, Moving, Downsizing Auctions 618-233-1000 USPAP Appraisals - proesch@ptauctions.net
RECENT BLOG POSTS
According to the Federal Reserve’s well-recognized Beige Book report, U.S. economic conditions have shown signs of improvement through the first part of this year.The central bank’s report is a summary of economic activity from businesses and contacts outside the Federal Reserve from across the c...
03/08/2010
This one story brick commercial building currently occupied as a flower shop with a great location situated at 6595 Mall Drive, Cedar Hill, MO 63016 will be SOLD to the Highest Bidder at Real Estate Auction on Friday, March 12, 2010 at 11AM CST subject to Seller Confirmation. The Building will be...
03/08/2010
A smaller percentage of mortgages were delinquent and the rate of those entering the foreclosure process slowed in the fourth quarter of 2009, possible signs that the foreclosure crisis that has gripped many of the nation’s housing markets is finally starting to ease, a trade group has reported.“...
03/08/2010
It’s no secret that for quite awhile commercial real estate (CRE) transactions, including distressed assets, have been at a standstill. But according to a new study by the global advisory firm AlixPartners LLP, that could all change in2010. In fact, the firm’s findings suggest that investment opp...
03/05/2010
Fannie Mae says it needs another $15.3 billion bailout from the U.S. Treasury, after the GSE came up $16.3 billion in the red for the fourth quarter of 2009 and posted a loss of $74.4 billion for all of last year.Although the housing crisis is showing signs of lessening in some major markets, it ...
03/02/2010
They're known as the "sandwich generation" — adults of a certain age who find that they must simultaneously care for their own growing children as well as their aged parents.That's been the general definition over the past 20 years. But the cruelties of the recent economy, along with the accelera...
03/01/2010
The FDIC is preparing to auction off a portfolio of loans it acquired from 19 failed bank takeovers.According to a preliminary announcement regarding the sale, the portfolio consists primarily of residential real estate acquisition, development, and construction loans with unpaid principal balanc...
03/01/2010
Las Vegas is one of the foreclosure capitals of the U.S., with about one in four households behind on house payments or in mortgage foreclosure. Yet all three of these shoppers—a professional real-estate investor, a county official with federal funds designated for stabilizing neighborhoods and a...
02/28/2010
Small-business owners who rely on their company's credit card to purchase big-ticket items or finance day-to-day operations won't see any benefits from this month's federal credit-card reform—unless they put those expenses on a personal card.The new law, which was passed last May and becomes effe...
02/28/2010
The default rate on commercial real estate mortgages held by U.S. banks closed out 2009 more than double what it was a year earlier. Real Capital Analytics reportedTuesday that the default rate on loans made for office, retail, hotel, and industrial spaces shot up to 3.8 percent in the fourth qua...
02/27/2010
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Paul Roesch CDPE 618-233-1000

Real Estate Auctioneer CAI St Louis MO Auctions
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