News about properties and real estate
State Joins Inquiry of Unusual Loans [Tampa Bay Area] Hundreds of peculiar home sales and foreclosures clustered in low-income neighborhoods in south St. Petersburg have attracted the attention of the Florida Department of Law Enforcement. The deals involved unusual mortgages uncovered last summer in a Tampa Tribune investigative report. The sales are tied to a …
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”Angels’ help woman escape foreclosure [Connecticut] Maria Leon can’t stop smiling because, as she puts it, she got a second chance at a new life. Her smile is a big change from January and an even bigger one from Thursday night, when it appeared all Leon’s options had been exhausted and the court would finally …
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Kuhn’s Woes Threaten Revitalization Plans [Central Florida] Cameron Kuhn, who has emerged in recent years as a major developer in downtown Orlando and Jacksonville, Fla., is under siege on numerous fronts, raising questions about the revitalizations of these two city centers. Late last year, Mr. Kuhn defaulted on about $31 million in loans on land …
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What will $200,000 or less buy in Lee County? [South Florida] A conversation about single-family homes in Lee County with a pricetag under $200,000 would have been brief, two or three years ago. Simply put, the pickings were slim as speculation and surging demand sent the real estate market skyward. But oh what a difference …
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Edgefield estate to be put on the auction block [Bluffton SC] A prime piece of real estate along Broad Creek on Hilton Head Island will be on the auction block next week with a price tag starting at $9.5 million. A 16-acre parcel and a 27-unit unfinished condominium building at Edgewater on Broad Creek on …
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Banks still want money in foreclosures Twice a year, Jim Applegate, Certified Financial Planner, organizes 16 financial planners in two shifts to sit from 9 a.m. to 3 p.m. at The News-Press headquarters in Fort Myers, using its phone lines to randomly rotate financial planning questions called in by our readers. As I have mentioned …
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