WL occupancy suit’s fees turn to tenants

WL occupancy suit’s fees turn to tenants Three Purdue University students who were part of a costly lawsuit over West Lafayette’s occupancy ordinance must now foot the bill for more than $52,000 in fines and legal costs. Jill Schuler, Kelly Underwood and Melissa Wood were among five women who lived in a rental home — …

Suffering St. Lucie County called a ‘disaster’ area

Suffering St. Lucie County called a ‘disaster’ area With unoccupied homes and families in distress, a St. Lucie County leader wants to declare a state of emergency to release $17.5 million in reserve funds. The Baehrs — Derek, Kellyanne and their two young daughters — are five months behind on their mortgage payments. They sometimes …

In Florida, Despair and Foreclosures – NYTimes.com

In Florida, Despair and Foreclosures Desperation has moved into this once-middle-class exurb of Fort Myers, where hammers used to pound. Its straight-ahead stare was hidden amid the chatter of 221 families waiting for free bread at Faith Lutheran Church on a recent Friday morning; and it appeared a block away a few days earlier, as …

Local company finds stability dodging bubbles

Local company finds stability dodging bubbles In a state notorious for asset bubbles, quick money and grand dreams, Bill and Joan Clark are decidedly out of place. Masters of discipline, they built a real estate empire over decades, focusing on safety and income —- and using almost no debt. Bill Clark will retire next week …

Foreclosures bringing bad debt

Foreclosures bringing bad debt Q:As you know, many associations are dealing with the impact of some residents’ inability to pay assessments. Many owners are facing foreclosure. As a result of the rules governing foreclosures, for the first time our association expects to incur some bad debt expenses this year. Do you have any advice on …

Builder files lawsuits in Chinese drywall case | HeraldTribune.com | Sarasota Florida | Southwest Florida’s Information Leader

Builder files lawsuits in Chinese drywall case Lennar Corp. has filed a major lawsuit against a lengthy list of manufacturers, suppliers and installers whose products or services were used by the company in the construction of its homes carrying Chinese drywall. The suit from the Miami-based home builder over the drywall issue comes on top …