News about properties and real estate
Florida Supreme Court Chief Justice Charles Canady shut down the state’s 2-year-old foreclosure mediation program Monday, after low success rates and criticism from both lenders and borrowers deemed the program unsustainable. The court system, which has faced a torrent of foreclosure cases in the past several years, has seen its budgets cut and staff reduced. …
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An unexpected increase in Chinese property buyers is moving Singapore’s real-estate market, in the latest sign of the effects of Chinese money elsewhere in Asia. For years, Indonesians and Malaysians were the dominant foreign property buyers in Singapore, a rich Southeast Asian city-state that is widely regarded as one of the safest places in Asia …
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Jeannette Boccini thought she had found a great renter, someone who would take extra good care of her townhouse. Then the nightmare began. The tenant repeatedly harassed the neighbors, complained that the wood chips in the community playground were toxic, and informed Ms. Boccini on Christmas morning that someone was playing Christmas carols too loudly. …
Netscape founder Jim Clark just scored big in real restate. He sold last week his penthouse in Miami Beach for what is believed to be a record for a condo south of Manhattan: $21.5 million! While the sale has yet to show up in public records, SouthBeachCondoBlog.com reports the deal for the 5,803-square-foot, 40th-floor penthouse …
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A lender-owned beachfront property in Jupiter just sold to a foreign investor for $9.75 million, or $812,500 per unit. 3000 Ocean Dr., a 12-unit condo, was completed in 2010 at a cost of $18 million.CBRE marketed the property for sale on behalf of the lender, West Suburban Bank, after it foreclosed on the property in …
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Being able to click with people — all kinds of people — can mean success for a homebuilder. From childhood, Christin Cupp has known all kinds. Her mother, she says, was a "bar floozy." Her father, a Jehovah’s Witness. “During the week, I grew up in a bar,” she said. “On the weekends, I would …
Continue reading “Charlotte County builder’s odd road to success”