News about properties and real estate
Need some advice on dealing with a homeowner’s association? Is a short sale your best option for unloading your home? Lawyer and real estate consultant Gary M. Singer will answer your housing questions in this space each Friday. To ask Gary a question, click here. Q: We took out a reverse mortgage three years ago. …
Continue reading “Ask a real estate pro: What happens if I walk away from a reverse mortgage?”
As an international banker, Ed Feder lived all over the world. Tokyo, London, Sydney, Frankfurt. Rome, he said, was heaven. But when it came time to pick a retirement home, he and his wife chose Sun City Center. “I mean if you can’t be happy here,” Feder, 70, said, “you’re not going to make it …
Continue reading “Foreclosures rare in Hillsborough County’s Sun City Center”
What happens if there’s no Citizens Property Insurance, the state-run insurer of last resort that has become the insurer of only resort for many South Floridians? “If you get rid of Citizens, then everyone has to go to the private market,” said Erick Collazo, of Boca Raton. “And if the private market won’t write policies …
Continue reading “Mayo column: If there’s no Citizens Insurance for Floridians, then what?”
With just 50 houses, all of which have direct access to the Intracoastal Waterway, Boynton Isles is the subject of this week’s installment of our real estate profile series. The neighborhood is situated between South Federal Highway and the Intracoastal in Boynton Beach. None of the homes in Boynton Isles are currently in foreclosure, according …
The Weston-based investment group that bought the former Holiday Inn on Fort Lauderdale beach and developed it into the chic B Ocean Fort Lauderdale resort is expanding its buy-and-renovate business to Miami Beach. Insite Group and its London-based partner Cube Capital said they purchased the 251-room Continental Oceanfront South Beach Hotel for $61 million in …
When it comes to protecting condominiums and homeowners communities from hurricanes, Florida law may not require as much property insurance as you may think – or need. These are tough times for shared communities across the state, and the notion of "going bare" — without insurance — to save on costs may sound appealing, but …
Continue reading “Condo hurricane insurance: Hurricane season should prompt insurance check”