News about properties and real estate
From Englewood to Anna Maria, changing demographics over the past decade have transformed the Southwest Florida coastline, as thousands of permanent residents fled the beach for a variety of reasons and were replaced by hordes of vacationers. According to the latest figures from last year’s census, coastal communities from northern Manatee to south Sarasota County …
Continue reading “Southwest Florida’s full-time residents are shifting inland”
Rainy days are a bane for Adrian and Beatriz Sanchez, a Miami couple embroiled in a lengthy legal battle with their condominium association over a leaky roof. When a storm hits, the couple must cut off the electricity in half of their two-bedroom loft, bring out buckets to catch the droplets, and mop up pools …
Continue reading “Couple struggles to cope in condo still damaged from ’05 hurricanes”
Joshua Bahoff bought a three- bedroom luxury condominium in Naples, Florida, in December for $235,000, about one-third of the price that the seller paid near the height of the U.S. housing boom. "It was a great deal," said Bahoff, 59, a Philadelphia dentist who plans to spend one week a month every winter in the …
Continue reading “Naples Rises From Florida Housing Swamp as Wealthy Buyers Return”
Callery-Judge Grove, founded in western Palm Beach County in 1964, is being sued for more than $37 million in a foreclosure filed in Palm Beach County Circuit Court. The lawsuit filed Friday alleges that Callery-Judge Grove Limited Partnership, CJC Management LTD. and Managed Citrus owe Prudential Industrial Properties LLC $37 million in mortgages plus $8.7 …
Continue reading “Historic Callery-Judge Grove in foreclosure”
As part of a new national hunt for gift tax evaders, the Internal Revenue Service has asked a federal court for permission to order a California state tax agency to hand over its computer database of everyone who transferred real estate to relatives for little or no consideration from 2005 to 2010. If granted, the …
I bought a house over a year ago with a balloon loan that comes due later this year. I had to get this loan because I cosigned a loan for a friend and she missed some payments. At the time, this was the only loan I could get. After I closed on my loan, my …