News about properties and real estate
Beginning April 18, unemployed and underemployed struggling Volusia and Flagler county homeowners have a new program that could help them avoid foreclosure and stay in their homes. The Florida Housing Finance Corp. announced Tuesday that it will begin accepting aid applications statewide April 18 for the Florida Hardest Hit Fund program. The U.S. Treasury Department …
Continue reading “Program to help hard-hit homeowners to launch”
One recent morning, Shannon Moore raced through a musty pink house — three bedrooms, two baths — that was advertised as having “good bones” and “primed for renovation.” As in many recently foreclosed homes in Florida, the appliances and air-conditioner were missing from this one, either taken by the previous residents or stolen. ”It’s not …
Continue reading “A Niche in the Wreckage of Florida Real Estate”
Terry Dykhouse is a tax guy who knows the rules, so based on the first set of rules that rolled out of Washington, he did all he could to close on the purchase of his newly constructed home in Rochester Hills, Mich., by Dec. 31, 2008. He got his tax credit. But if he had …
The city could be on the hook for millions of dollars in damages for denying a developer’s 2004 plans to build a condominium tower along Bayshore Boulevard. On Wednesday, the 2nd District Court of Appeal reversed a lower court’s rejection of a lawsuit filed by Citivest Construction Corp., ruling that the case can move forward. …
Continue reading “Court: $10 million developer’s suit against Tampa can move forward”
House prices are still tanking in many parts of the country, mortgage rates are inching up, and job growth is subpar. So what are some homebuyers doing? They’re buying even more home—as in two-, three- and four-family homes—and playing a risky, but potentially lucrative, game of real estate investor and live-in landlord at the same …
The home, most recently listed for $37.5 million, is now asking $25 million. It had, at one point, been quietly marketed for $60 million and is one of the largest private residences in Nevada. Located five minutes from the Las Vegas Strip, the estate was reportedly built for Prince Jefri Bolkiah of Brunei. Spanning 11.2 …
Continue reading “Massive Las Vegas Estate Slashes Price to $25 Million”