News about properties and real estate
Alan Meltzer has a fantasy about walking into a Wells Fargo branch and making a dramatic announcement.“I’m here to collect,” he imagines himself saying. “Give me your cash registers.”Meltzer isn’t a would-be bank robber. He’s a condominium president who has turned the tables on one of America’s megabanks. via Cerabino: Surburban West Palm Beach condo …
Continue reading “Cerabino: Surburban West Palm Beach condo assocation looking…”
The owner of the Longboat Key Club is in talks to sell a financial stake in the tony resort that could jump-start its long-delayed $400 million redevelopment. Loeb Partners Realty is discussing a joint venture with Ocean Properties Ltd., a major hotel owner and operator whose holdings include three local properties, including the Lido Beach …
Continue reading “Longboat Key Club in talks with Ocean Properties”
More baby boomers are retiring while still paying mortgages — and some expect to make house payments into their 90s, mortgage brokers and financial planners say. It’s part of a trend: Many current and future retirees are opting not to follow the traditional golden rule of paying off their home before their last day at …
Continue reading “Some boomers to their mortgage: ‘Til death do us part’”
For some parents, sending kids off to college means equipping the budding academics with a laptop and carting their stuff to a closet-sized dorm room on the far side of campus.For others, it involves making a different kind of investment: real estate. According to Realtors in some of the nation’s hottest rental markets, more parents …
Continue reading “Property in College Towns a Boon to Real Estate Investors, Parents”
State-run insurer Citizens backed off proposals to uncap rates for new customers and limit coverage for water damage but its board voted Friday to approve an average 10.2 percent increase in premiums. In an unusual move, the board approved sending regulators two sets of rates. One is an average 8.8 percent increase statewide. But the …
Continue reading “Citizens board approves 10.2 percent insurance increase [Florida]”
As a consumer attorney, it isn’t often that I get to say “bankruptcy” and “exciting news” in the same conversation, let alone in the same breath.But in May, the 11th Circuit Court of Appeals, which covers all of Florida, made some exciting bankruptcy news. A three-judge panel ruled that homeowners with a completely underwater second …