News about properties and real estate
Homeowners responsible for property damages if sinkholes occur Residents with sinkholes on their property should be aware of several key factors as they seek to recoup their losses, state officials said. Because of Florida’s geology, more sinkholes form here than in any other state, so a homeowner’s insurance policy covering sinkhole damage is recommended. And …
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Lyons: It’s a nice home, sure, but still a bad situation She would rather I not write about her, but Siesta Key real estate agent Judi Berger was polite and forthcoming as I asked nosy questions. Judging by her professional manner, I’m not too surprised she sold more than $13 million worth of homes last …
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Ask a real estate professional: What do I need to consider in buying a condo? Q: My husband is trying to convince me to move into a condominium and feels that now would be a good time to get a great deal. Are their any red herrings we should be concerned about with purchasing a …
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Tough times for commercial real estate To borrow a biblical expression, it may be easier these days to pass a camel through the eye of a needle than it is to get a commercial real estate loan. Despite federal bail-out money intended to stimulate lending, loans for investment in office buildings, shopping centers, industrial sites …
Banks take losses on short sales Drew Schlosser tried for two years to sell his three-bedroom Punta Gorda waterfront condominium for less than he owed on its two mortgages. The deal only went through last month when Wells Fargo & Co. agreed to take a $165,000 loss on the loans. Even after he had an …
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Real Estate in Cape Coral, Fla., Is Far From a Recovery Fellow adventurers, refugees from winter and armchair archaeologists, we are here on this shiny green tour bus to embark on a safari of sorts. We’ll be exploring the local habitat, as upended and reconfigured by an epochal real estate fiasco. Our guide, Marc Joseph, …
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