News about properties and real estate
Village offers cash so you’ll take Manhattan Not long ago, it was news when builders and home sellers were looking to spice up their deals by dangling, say, a flat-screen television in front of prospective buyers. But that’s sooooo 2007. Take, for example, south suburban Manhattan, where it’s the village government giving the incentives. The …
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Floods expose homeowners to big insurance risk David Spicer gutted his one-story home after a nearby creek flooded last weekend. He and some friends ripped out soggy insulation and removed the ruined furnace. He even carved away a couple feet of flood-damaged drywall to fight mold. Now, he must figure out how he’ll pay to …
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County judge accuses friend of fraud in real estate deal An Allegheny County judge accuses a longtime family friend of defrauding him out of more than $500,000 in phony Florida real estate deals, according to his lawyer and a federal lawsuit made public Friday. Common Pleas Judge Robert P. Horgos, 60, of Sewickley Hills claims …
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Walk the line — or walk away [Northern California] Josefa Ramirez and her husband, Juan Carlos, both 43, spent 10 years moving in and out of San Francisco apartments before buying their two-bedroom, one-bath Antioch home in 2006 for $375,000. “It took almost two years to raise our credit score,” she said, but finally they …
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A bank on life support [South Florida] First Priority Bank is certainly not the only local bank suffering from the popping of the real estate bubble and a meteoric rise in foreclosures. But First Priority has been impacted far more than its Southwest Florida peers. The bank reported $33.8 million in problem loans at the …
Not all real estate agents are suffering For many real estate agents, these aren’t exactly the best of times. Don’t put David McIlvaine in that category. The suburban Baltimore broker just had his best first quarter ever. With his business tripling over the past year, McIlvaine recently had to hire another staffer and buy more …