News about properties and real estate
A Phoenix woman’s home purchase nearly was derailed after Wells Fargo froze her checking account and stopped her down payment from being delivered to an escrow account. The reason for Wells Fargo’s actions last month? U.S. trade sanctions with Iran. Neda Tavassoli, born and raised in the United States, is among dozens of Iranian-Americans whose …
Continue reading “How Iran sanctions nearly sank Phoenix woman’s condo deal”
Palm Beacher Robert W. Paltrow, who is awaiting sentencing for filing false tax returns, has sold his 1928 seaside house on North Ocean Boulevard for more than $7 million.The house, at 1250 N. Ocean Blvd., sold for a recorded $7.27 million, records show. Marsha Cross Beeson, of Houston and Palm Beach, bought the six-bedroom, three-story …
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The buyer who purchased Dwight Howard’s estate in Seminole County last month wasn’t the Orlando market’s only luxury seeker to come with cash in hand. The NBA star had three cash offers on his lakefront mansion, which sold last month for $3.4 million — $1.5 million less than the asking price. Of the 20 Metro …
Continue reading “Most Orlando luxury home transactions are cash sales”
Orlando landlord Brian Lunsford needed $40,000 to renovate a house that a college student almost burned down, so he turned to an online crowdfunding site.Within two days, more than a dozen investors had each agreed to loan him an average of $2,800 for up to 13 months. Crowdfunding is just one new financing option that …
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From her backyard, Beverly Myers has a good view of one of the largest tracts of undeveloped land in Seminole County’s core urban area.Hundreds of acres of woods and pastureland owned by the Catholic Diocese of Orlando wraps around the southeastern shore of Lake Howell, home to eagles, hawks, large oaks and a few wild …
Home prices are up, long-vacant houses have families moving in, but fear of what the future might bring has prompted some of the homeowner associations in the unincorporated area of West Boca to limit who might move in. Some of the 125 master homeowner associations have either banned or are considering a ban on a …
Continue reading “Communities in West Boca seek to ban government rental assistance”