News about properties and real estate
Texas Rangers Owner Tom Hicks Sells House in Aspen Area Texas Rangers owner Tom Hicks, whose Hicks Sports Group is in default on $525 million of debt, sold his three-acre, Aspen-area estate to Howard M. Jenkins, the former head of the Southeastern Publix Super Markets chain, for $18.5 million. Besides the baseball team, which Mr. …
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Loan-modification hassles frustrate Oregon homeowners Lost paperwork, unreturned messages and conflicting information are magnifying the misery of homeowners in distress. Requests to modify home loans and reduce mortgage payments, relatively uncommon a few years ago, have surged as borrowers struggle to avoid foreclosure. Many people requesting changes in their home loans say they’re getting the …
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Renting out your home for Super Bowl is no sure win Renting out your home, timeshare or yacht for the Super Bowl may sound like a way to make a quick buck, but property owners beware: it’s not as easy as it might appear. Besides advertising on Web sites or elsewhere, owners face a host …
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Former Naples Realtor sentenced to probation in mortgage scam [South Florida] A former Naples Realtor has been sentenced to three years of probation and has been ordered to pay nearly $2.4 million in restitution for her role in an $11 million multi-state mortgage scam. Margaret Giresi, 70, pleaded guilty to conspiracy on Sept. 14 in …
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Homeowners responsible for property damages if sinkholes occur Residents with sinkholes on their property should be aware of several key factors as they seek to recoup their losses, state officials said. Because of Florida’s geology, more sinkholes form here than in any other state, so a homeowner’s insurance policy covering sinkhole damage is recommended. And …
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Palm Bay Towers residents at war over windows [South Florida] Shortly before the Christmas holidays, residents of Miami’s landmark Palm Bay Towers condo — a bastion of privilege where the monthly maintenance fee exceeds most folks’ mortgage payment — found a letter taped to their doors outlining what one unit owner later called “extremely unpleasant” …
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