Much-maligned mortgage program saved woman’s Groton home

After losing her job, Jolene Picard of Groton couldn’t bear the thought of also losing her 600-square-foot home with the white picket fence. She liked to garden. Her dogs enjoyed the yard. And Picard put nearly $20,000 of improvements – not to mention a good bit of sweat equity – into the place on Midway …

Mortgage debt forgiveness: Who qualifies

For many struggling Floridians, going through a foreclosure, loan modification or short sale has been depressing enough. When it’s over, they might have thought their money woes would ease. But for some people, canceled or reduced mortgage debt comes back to haunt them during tax season. Most debts that are forgiven by creditors, from credit …

Foreclosures offer new twist on flipping houses

What started as a hobby for Keith Gamble is now a risky, exciting, full-time job: buying properties at the monthly foreclosure sale and flipping them. Gamble, and others like him, are a new generation of property flippers who buy at low prices at a foreclosure auction, clean up a property and sell it for a …

Amid Las Vegas Real Estate Woes, Hope For Some

Nevada leads the nation in foreclosures. In Las Vegas, banks are repossessing record numbers of homes. But the flip side is that for some low-income buyers, home ownership is finally within reach. Lady Luck has smiled on David Krueger, a waiter at the glitzy Mirage Hotel who earns $13 an hour, plus tips. That’s about …

Cape Marco: lavish island living

Cape Marco, an upscale, world-class beachfront community with 683 luxury residential apartments, is enhanced by 30 acres of manicured tropical gardens and gushing water fountains at the southernmost tip of Marco Island. This site showcases some of Southwest Florida’s most spectacular and picturesque views of the Gulf of Mexico, Caxambas Pass, Marco Island’s famous crescent …