Inman Consumer News DEAR BOB: My husband and I own five rental houses together. We are very happy you encouraged us, years ago, to invest in rental houses. By making extra mortgage principal payments, two of the rental houses are now free and clear. The others will have their mortgages paid off in a few …
Monthly Archives: January 2007
Homework and teamwork needed for ‘fixer uppers’
Homework and teamwork needed for ‘fixer uppers’ If you are not yet addicted to tennis, golf or boating, you may be thinking about buying a fixer-upper. Take two aspirin and lie down. Can’t get the notion out of your head after that? Then you’ll want to contact a real estate agent. The more speculative the …
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Refinance an option for sites in foreclosure
Refinance an option for sites in foreclosure A Wichita developer is closing in on a plan to refinance 19 local properties named in a foreclosure lawsuit. Joe Cassell, the attorney for developer Mark Nordyke, said he expects his client to refinance the properties named in a $2 million lawsuit filed in mid-November by Sunflower Bank. …
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Bealls buys office space [South Florida]
Bealls buys office space [South Florida] It was not exactly a building with a broad audience: a Class A structure with all the tony accoutrements but tucked away behind an old East Bradenton neighborhood and surrounded by a steam-gouting juice manufacturing plant. But to the great relief of Manatee County economic developers and the small …
Seller financing eases sale
Seller financing eases sale You already know that the current home buyer’s market — with more homes listed for sale than there are active buyers searching for residences — in most cities is a great time to purchase a home. But there’s another reason to buy a resale house now. Anxious sellers are offering sales …
Complex has trove of bargain condos [South Florida]
Complex has trove of bargain condos Thought the days of finding a home in the $100,000 range were over? One- and two-bedroom units at the Kanner Highway condo complex Hemingway at Stuart have hit the market for $109,000 to $129,900 – well below the median price of a condo in Martin County. In November 2005, …
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