News about properties and real estate
Joe Adams: Law says very little about association board decisions by e-mail Q: Please advise as to what decisions our association board members can make by e-mail. C.M. (via e-mail) A: Obviously, e-mail has become a permanent part of our society’s way of communicating with each other. Unfortunately, the laws for community associations do not …
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Home values falling less sharply than prices San Diego home prices have been falling for three years as sellers facing financial distress accept lower offers from bargain-hunting buyers. But the course of home values tells a slightly different story. Zillow.com, a Seattle-based Web site that follows the housing market nationally, released figures yesterday that illustrate …
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Playing with fire: Foreclosures bring rise in uninsured tenants It was force of habit that pushed Jeanne Ryan out of her home on a Sunday afternoon in January, just like everybody else at Indian Village Condominiums. The fire alarm went off. But she didn’t bother to take her purse, much less her television and furniture. …
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The market for homeowners looking to sell Melissa Morris put her Haight-Ashbury flat on the market in mid-September. It was priced right and she accepted an offer of $825,000 within days. The contractor’s inspection was set for Sept. 29 and as the buyer toured the home, the stock market was in the midst of its …
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Condo Project Beats The Odds, Builds Hope From a penthouse balcony on the 29th floor of the best building he ever built, Richard Sacchi stared out over downtown Tampa. He was broken, a developer whose company had just filed for Chapter 11 bankruptcy. It was a last-ditch effort to stop foreclosure on The Towers of …
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After the home is gone More than a million homes have been lost to foreclosure in the past two years. And according to data from Mortgage Bankers Association, banks are now in the process of foreclosing on 1.5 million more. The impact of the mortgage crisis has been obvious in both the worldwide credit crunch …