News about properties and real estate
How long should you take to pay off your mortgage? This is another installment of a series on the decisions mortgage borrowers should make prior to entering the market. Previous articles were about selecting the best type of mortgage, and selecting among three options: paying points, waiving escrows, and accepting a prepayment penalty. This article …
Continue reading “How long should you take to pay off your mortgage?”
Harbor Beach home sale fetches $12 million: South Florida Sun-Sentinel A palatial home in the prestigious Harbor Beach neighborhood of Fort Lauderdale sold this past week for $12 million. The property, which was poised to be the new home of Miami Heat’s Shaquille O’Neal, was snatched up by biotech and pharmaceutical giant Myrtle Potter, when …
Continue reading “Harbor Beach home sale fetches $12 million”
Slowing home appreciation may help buyers When Jason and Laura Bennett bought their home two years ago, the housing market was among the hottest in the nation. Would-be buyers made offers as soon as “For Sale” signs went up, then bid even higher in the frenzy to close the deal. Less than two months after …
Continue reading “Slowing home appreciation may help buyers”
Abandoned lot auction planned The sale of more than 2,000 abandoned lots in North Port is scheduled to begin Jan. 19. Doug Dennison, assistant vice president of Fisher Auctions, has toured some of the available lots in North Port, and he knows that not all of them are in pristine condition.
New tenants will join Winter Springs center Three new tenants are on their way to Winter Springs Town Center: Carrs Barbers’ Club, Century 21 Real Estate and Fuji Mountain Sushi. Carrs Barber Club, billed as an “old English style” barbershop “with classic grooming and a relaxed club atmosphere,” will open in December. Century 21 and …
More Return On Equity For Your Investment Property Dollar Few would deny that real estate is a solid investment. It provides an attractive combination of stability, reliable cash flow, preservation of principal and capital appreciation. However, many investment property owners nearing retirement find themselves in a quandary. They are equity rich, but cash poor, with …
Continue reading “More Return On Equity For Your Investment Property Dollar”