Move to new state, update the wills Q:My elderly parents (dad is 90, mom is 86) had been living in Florida for the past 20 years, but due to bad health, I moved them to California. Do they need to change their wills or do the provisions still apply “as is?” I have power of …
Monthly Archives: December 2007
You didn’t buy in ’07
You didn’t buy in ’07 As revelers bring in the new year, the residential real estate scene looks more like the day after, with sellers suffering from a bad case of overindulgence and regrets that usually follow a really good party. The question is whether that will make 2008 the year of opportunity for buyers, …
Real estate projection called doom d’jour
Real estate projection called doom d’jour Local agents disagree with gloomy report The Punta Gorda/Port Charlotte/North Port area will see the greatest decline in home prices in the nation before its real estate market turns around in the spring of 2009. At least, that prediction was cited in a Wall Street Journal article published Thursday. …
Continue reading “Real estate projection called doom d’jour”
Like the housing market, the commercial market is waning
Like the housing market, the commercial market is waning The commercial real estate market follows the residential market by 12 to 18 months, according to conventional wisdom. Those 12 to 18 months ended in early 2007. And like the residential market, Southwest Florida’s commercial real estate market has begun to slide. Both the total number …
Continue reading “Like the housing market, the commercial market is waning”
The Court House: How One Family Fought Foreclosure
The Court House: How One Family Fought Foreclosure Faced with the threat of foreclosure, many homeowners give up and abandon their homes. Then there’s Richard Davet. He and his wife, Lynn, lived in a six-bedroom home in this Cleveland suburb for nearly 20 years when, in 1996, he was served with a foreclosure lawsuit. Rather …
Continue reading “The Court House: How One Family Fought Foreclosure”
Palmer Crossing sold for $57 million [South Florida]
Palmer Crossing sold for $57 million [South Florida] Sarasota developers William Saba and Thomas F. Kelly closed a whopper of a commercial real estate deal last week when they sold the Palmer Crossing Shopping Center to a Tampa investment group for $57 million. The price comes to $300 per square foot for the 147,000 square …
Continue reading “Palmer Crossing sold for $57 million [South Florida]”