News about properties and real estate
Lyons: It’s a nice home, sure, but still a bad situation She would rather I not write about her, but Siesta Key real estate agent Judi Berger was polite and forthcoming as I asked nosy questions. Judging by her professional manner, I’m not too surprised she sold more than $13 million worth of homes last …
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Ask a real estate professional: What do I need to consider in buying a condo? Q: My husband is trying to convince me to move into a condominium and feels that now would be a good time to get a great deal. Are their any red herrings we should be concerned about with purchasing a …
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Barbary Coast – A Foreclosure Crisis Rooted, the Family Says, in Predatory Lending Giuseppa Bagnarol, 82, was in her final hours in August, dying at home surrounded by the large family she presided over as matriarch. They gathered to say goodbye at the bucolic Redwood City retreat Mrs. Bagnarol had created — a compound of …
Condo mortgages could be easier to get under Fannie Mae program Florida condominium loans could be easier to get under a program announced Thursday by government-run mortgage company Fannie Mae. The company has named a team of six employees to review hundreds of condo projects statewide that may not meet Fannie Mae’s eligibility criteria for …
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Tough times for commercial real estate To borrow a biblical expression, it may be easier these days to pass a camel through the eye of a needle than it is to get a commercial real estate loan. Despite federal bail-out money intended to stimulate lending, loans for investment in office buildings, shopping centers, industrial sites …
Banks take losses on short sales Drew Schlosser tried for two years to sell his three-bedroom Punta Gorda waterfront condominium for less than he owed on its two mortgages. The deal only went through last month when Wells Fargo & Co. agreed to take a $165,000 loss on the loans. Even after he had an …
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