News about properties and real estate
Lindsay Hall took out a $200,000 loan in 2005 on her paid-off beach house with the understanding that her $600 monthly Social Security check would cover the mortgage payments. When her interest rate jumped more than a year ago, it raised her mortgage payments to $1,500. At that point, Hall started the fight to save …
Continue reading “For one homeowner, following bank’s advice was bad news”
It took less than a week for interested buyers to home in on the two-story, five-bedroom foreclosure on Salt Water Creek Court west of Lantana. Advertised as needing a little TLC – a pressure wash of the roof, fresh paint on the trim – the Savannah Estates home joins the ranks of Palm Beach County’s …
Clad in jeans and cowboy boots, musician John “JB” Bell reclined in a green fabric and metal chair on a Saturday morning, surrounded by 16 computers sitting on shelves about a foot from the ceiling. The computer screens glowed blue behind multicolored static, generating so much heat air-conditioning was needed to cool the room. Mr. …
Continue reading “The Georgia Home of Widespread Panic Lead Singer and Guitarist John ‘JB’ Bell”
The foreclosure crisis helped make Al Dumas and his 11-person team into one of the most productive real estate sales operations in Florida. His team and its four affiliated agents were responsible for closing 537 transactions and more than $50 million in sales volume in 2010. Though sales have slowed in 2011, thanks to the …
Argus Fire & Casualty Insurance Co. will cancel its roughly 9,000 home insurance policies within 45 days, as part of a deal to be taken over by the state on Tuesday. Policyholders will have to scramble to find a new insurer during hurricane season, which started Wednesday. Regulators have “decided that it is in the …
Gov. Rick Scott has made official a controversial new law that prohibits local governments from restricting short-term vacation rentals. The law, signed by Scott yesterday, is one of the first of its kind in the country to enforce the rights of residential property owners who want to rent by the day or week, a practice …
Continue reading “Local governments banned from restricting short-term rentals”