News about properties and real estate
Investors returning to Inland housing scene After retreating in fear from housing’s sudden collapse, those who buy homes as an investment are reappearing in Inland Southern California’s beaten down marketplace. Sharply discounted foreclosed properties are luring back the first wave of professional investors and amateurs, both those hoping to “flip” for a quick buck and …
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Retirees find second career as landlords Some retirees have found the perfect second career: Landlord. At a time when stock investments are uncertain and many homes are not selling, some retirees and near-retirees are keeping their money in rental property and banking on a steady second income. “Real estate can be a wonderful asset to …
Retirees find second career as landlords Some retirees have found the perfect second career: Landlord. At a time when stock investments are uncertain and many homes are not selling, some retirees and near-retirees are keeping their money in rental property and banking on a steady second income. “Real estate can be a wonderful asset to …
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New York Times Tower Leaseback Plan May Disappoint The New York Times Co. may have missed its chance to cash in on its Manhattan headquarters. The media company’s plan to raise up to $225 million by selling its portion of the 52-story skyscraper and paying rent to stay there may come too late, said Dan …
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Resort developer Ginn Cos. to liquidate 2 projects The credit crunch and slumping real-estate sales have forced struggling Central Florida-based resort developer and operator Ginn Cos. to file to liquidate assets in two of its Florida residential projects, the upscale Tesoro development in Port St. Lucie and Quail West, near Naples. Ginn, based in Celebration, …
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Scams preying on struggling homeowners Valley homeowners facing foreclosure have something else to worry about: Firms and people who offer help but instead steal their money. The Arizona Attorney General’s Office and state regulators are receiving a growing number of complaints about individuals and companies that promise to help people keep their homes for a …