News about properties and real estate
Protecting tenants in foreclosed properties A report says that about 40 percent of the millions of property owners facing foreclosure involve tenants who are renting a house, apartment or condominium. Federal and state laws give them protection so they don’t have to move quickly. Q:I rent a small single-family home and have made all of …
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Program may help some underwater homeowners in South Florida Scott Katzer owes about $200,000 more than his Fort Lauderdale home is worth. Unable to sell anytime soon, he wants to reduce his monthly mortgage payment by refinancing to a lower interest rate. Katzer doesn’t qualify under a government refinancing program because the value of his …
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Who’s tops in Lee County property values? [Central Florida] Lee County may be on sale, but don’t expect to get its best properties cheap. It should come as no surprise that the rock mines, shopping centers and retirement communities are among the biggest and most valuable properties in Lee County. The News-Press analyzed the Lee …
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The Real Deal (South Florida) In the early 1990s, Robert Van Winkle, a.k.a. Vanilla Ice, took the music world by storm with his album, “To The Extreme,” and “Ice Ice Baby,” the first hip-hop single to be number one on Billboard. But Vanilla Ice also has an extensive history in real estate, beginning with a …
Lien on house: Convince creditor that house is worthless Q My divorce was final two years ago, and in the divorce decree I was awarded the house. But prior to my getting a spousal transfer deed, one of my ex-spouse’s creditors put a lien on the house which prevented me from completing a short sale. …
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Home Ownership in the U.S.: Rethinking Big Part of the American Dream It’s time to have a serious conversation about the American approach to home ownership and mortgages. A system once celebrated for putting so many families into their own homes and for making mortgages so widely available has become, as one housing economist puts …
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