News about properties and real estate
In ‘walk of faith,’ Tamarac pastor sells churchgoers land in desolate west Texas The Rev. Dennis Grant has found his version of the Promised Land — miles of undeveloped desert in far western Texas he is reselling for $22,000 per 20-acre parcel. Preaching that “God did not create us to be broke,” Grant, a community …
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Fast-tracking mortgage payments Making biweekly mortgage payments instead of monthly shaves years off the life of the loan and saves thousands of dollars in the long run. But is it the best idea? Maybe not always. And maybe not for everyone. I wondered: Could this be possible? The direct-mail solicitation claimed that we could shave …
Photographer Testino To Buy NYC Condo Fashion photographer Mario Testino has signed a contract on a New York City condominium for close to $6.3 million, the asking price. [Mario Testino] Mr. Testino’s roughly 2,600-square-foot apartment is in 40 Bond, a soon-to-be completed downtown-Manhattan project of hotelier and developer Ian Schrager. Mr. Testino, who’s based in …
Trump withdraws offer for Running Horse [Fresno] Billionaire developer Donald Trump withdrew his bid for the bankrupt Running Horse development in Fresno on Monday, claiming that owner Mick Evans was deliberately stalling in an attempt to take over the project himself. But Trump’s withdrawal — which came in a surprise afternoon telephone call to KMJ’s …
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Palmetto subdivision homeowners surprised by blanket lien [South Florida] Real estate push has come to foreclosure shove in Palmetto. Roughly 200 individual property owners are finding themselves in the first step of a foreclosure because of a legal tussle between well-known Palmetto builder deMorgan Communities and the company that did roads, utilities, sewers and drainage …
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Business: A deal not even a mom could love Two years ago, Jason Gabay hired an architect to work on his waterfront home in Belleair. Now his widowed mother is out $500,000. Confused? The sordid tale is laid out in a recent lawsuit. Largo architect Steve Spencer began drafting designs in 2005, Gabay alleges. Shortly …