News about properties and real estate
Bulk Acquisition of Florida Distressed Condominiums Unbridled development of Florida condominium projects from 2003 to 2007 and subsequent collapse of the residential real estate market have contributed to the latest trend in Florida real estate investment: acquisition of the fractured condominium. Investors in Florida fractured condominiums include a significant number of out-of-state companies. As these …
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Second homes: North Miami’s slice of paradise [South Florida] Just after World War II, Bal Harbour became one of the first planned municipalities in Florida with underground utilities. Since then, the tiny village’s relentless pursuit of aesthetic perfection has never waned, and from its famous palm-lined entrance to its perfect beach and world-class luxury shopping …
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Richard White: Reserves help associations, owners plan for the future Q. I live in a small HOA. In November our board approved the budget for 2010. It included funds for painting, but the painting is not scheduled for three years. The funds are being placed in a line item called reserves for the use of …
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Florida Foreclosure Auction Web Sites Confuse Consumers Over the past year, I’ve covered Florida’s deep foreclosure problem on multiple occasions. To attempt to cope with the growing foreclosure inventory, the state government has turned to an eBay-like online foreclosure auction system. While utilizing the Internet may be a smart means for making the auction process …
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Weak insurers put Floridians at risk Millions of Floridians now bet their homes on property insurers that teeter on the edge of financial failure, a Herald-Tribune investigation has found. These companies look nothing like the Allstates and State Farms that insure the rest of America — legacy carriers that command bankrolls the size of small …
Corcoran exec Pamela Liebman says realistic expectations are key to real estate sales success It’s been six years since The Corcoran Group made its dramatic entrance from New York City onto the Palm Beach real estate stage, instantly acquiring local cachet by acquiring successful broker Paulette Koch’s namesake agency here in late 2003 and, shortly …