Vultures in Miami’s Real Estate Market [South Florida]

Vultures in Miami’s Real Estate Market [South Florida] On the 79th Street Causeway that connects inner Miami to the city’s beaches, a colony of giant turkey vultures sits ominously on a radio tower, staring at the downtown skyline. Migratory scavengers, they’re drawn to tall buildings. Across the bay, vulture investors, that other breed of migratory …

St. Petersburg condos thrive amid economic turmoil

St. Petersburg condos thrive amid economic turmoil [Tampa Bay Florida] Its recent record of bankruptcies, broken contracts and busted lenders aside, the Tampa Bay area’s condo tower market still has a pulse on the St. Petersburg waterfront. As all-but-dead projects like Trump Tower Tampa hold off creditors in bankruptcy court, Ovation in downtown St. Petersburg …

Financial advisers answer your questions

Financial advisers answer your questions Question: I currently have 3 properties all with separate mortgages but with the same lender. If I was unable to continue paying on all 3 and decided to give the deed on one of the properties back to the lender, but continued to remain current on payments on the other …

Joe Adams: New laws tackle flags, receiverships, liens

Joe Adams: New laws tackle flags, receiverships, liens Today’s column is the 12th installment of our annual review of legislation affecting community associations. We shift gears today and discuss some new laws aimed specifically at homeowners’ associations: • Flags: Section 720.304(2) of Florida’s statute applicable to homeowners’ associations has been amended effective July 1, 2008, …

Assemble across-the-board insurance coverage for your home

Assemble across-the-board insurance coverage for your home As some Central Florida homeowners continue to pick up the pieces left from Tropical Storm Fay, others are keeping an eye on Ike and Josephine — and hoping their insurance policies have them covered against every peril. Basic homeowner’s insurance is just that — basic. It doesn’t cover …

As prices plunge, housing experts wonder when recovery begins

As prices plunge, housing experts wonder when recovery begins With the pep talk from real estate agents contradicted by doom-and-gloom reports on the housing industry, nobody seems to really know if or when the market will begin to recover. Consumers who have been sitting on the fence are being advised by sales agents that it’s …