News about properties and real estate
Is this your last chance to get rich in real estate? Several months ago Silvia Cuevas took stock of her life, and it was a profoundly unsettling experience. At 40 she had a solid job with a modest salary at the public library in Santa Ana, Calif. She’d carefully squirreled away some savings and bought …
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Owners struggle to sell condos as boards impose tough standards [South Florida] Jane Consiglio has been trying for a year to sell her one-bedroom apartment in section 4 of High Point of Delray Beach. She finally got an offer from a disabled Vietnam War veteran and his wife, but her condo board turned them down. …
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Walkaways increase at WCI condos [South Florida] Builder WCI Communities said more buyers are walking away from its condos, though the company said it is ready to withstand what it called a `protracted downturn.’ WCI Communities said 17 percent of its condominium buyers have walked away rather than close on new units this year, the …
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How To Make More Money with My Real Estate Investments Dr. Morgan has owned the 10 thousand square foot strip center at the corner of Cornell and Baseline in Portland for 20 years. His father helped him buy it and over the years deeded his interest to the good doctor. His kids are all grown …
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Developer active in Florida has a cash crunch [South Florida] Even as the condo market flattened in 2006, Cay Clubs sold more than $300 million in condos in a portfolio stretching from Crested Butte, Colo., to Marathon. Last year’s profit: $46 million. Now the company says it’s in a cash crunch, without enough money to …
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Plans for early retirement, paying off home get some fine-tuning The north Clairemont resident says her plan is to start paying more each month on her $1,200 mortgage so she’ll be left with only a few, less costly, living expenses to cover when she retires in five years. She’ll also be left with the time …
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