Q:I have been unemployed for about six months and have just secured a job in another city. I will reach retirement age in about six or seven years. I will most likely not retire in the new city I will be relocating. Should I try to sell my current home and purchase a home in …
Category Archives: General
CondoIt may be best to ‘grandfather’ baby into condo
Q: I live in a “55 and over” condominium. Presently, we have a couple who is expecting a baby. This couple was grandfathered when we became a “55 and over” community. What is the law governing this situation? – R.A. (via email) A: It is generally unlawful to discriminate in any activities relating to the …
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Foreclosure fees haunt homeowner associations
Three years into the foreclosure epidemic, desperate condominium and homeowner associations are now beginning to employ aggressive law firms and collection agencies in a new tactic aimed at recovering delinquent fees. The debt collectors working for these associations are asking the courts to use more extreme measures. In a few cases, they have gotten judges …
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Financial planners: Home no longer reliable tool to build personal wealth
Residents of Volusia and Flagler counties well know that in order to build wealth, they can no longer simply rely on buying a house. That ship sailed in 2007, with the housing collapse dislodging its anchor. Financial planners say their clients — who skew to upper-middle class — have realized this and begun focusing more …
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Developer Pat Neal made the best of the real estate bust
Pat Neal is an oddity among Florida developers: He still builds and sells lots of new homes. The financial crisis that shattered many of his competitors only slowed Neal. His edge? He paid cash for land before the boom drove up prices. “I didn’t owe anybody any money,” said Neal, whose Neal Communities builds mostly …
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Inside a high-end real estate deal gone bad
Scattered across 540 acres of San Diego County hills and ravines, the 235 opulent homes of the Bridges at Rancho Santa Fe flank a private golf course and country club with tile-roofed towers inspired by Tuscan villages.The placid panorama belies decades of bruising battles among the project’s developers. The cast includes home-building titan Lennar Corp., …
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