News about properties and real estate
Centro Ybor Gets New Owner [Central Florida] A Chicago-based real estate investment group bought Centro Ybor Friday, promising to inject new life – and, possibly, homes and offices – into the landmark Ybor City entertainment complex. M&J Wilkow announced Friday that the company bought the 6-year-old retail, restaurant and entertainment center. The company says it’s …
Continue reading “Centro Ybor Gets New Owner [Central Florida]”
Let the borrower beware when getting mortgage Big purchase demands extra dose of caution Whether you already have a mortgage or you plan to buy a house in the next year, here are seven mortgage tips for 2007. Review your mortgage — does it still fit your circumstances? Interest rates change, children are born and …
Continue reading “Let the borrower beware when getting mortgage”
Pursue options before defaulting on mortgage If you are falling behind in your mortgage payments, the first thing you should do is pick up the phone. “A lot of times it’s just a matter of telling your story to the bank,” said Jonathan Pinard, president of the Empire State Mortgage Bankers Association of New York. …
Continue reading “Pursue options before defaulting on mortgage”
A tale of two renters: Apartment hopper Although I’ve been a serial renter over the years, my housing experience in Los Angeles is similar to that of many homeowners. We’re all building. The problem is they’re building equity. I’m building debt. Since 9-11, I have moved five times. For the most part, the rent hasedged …
Avalon leaves homes unbuilt [South Florida] Another Southwest Florida home builder has exited, leaving dozens of customers with unfinished homes and regulators dealing with a third-party contractor who qualified the company’s permits. Sarasota-based Avalon Homes left its offices at 379 Interstate Blvd. unfurnished, unlocked and deserted several weeks ago, its former landlord says. Meanwhile, the …
Continue reading “Avalon leaves homes unbuilt [South Florida]”
Family, friends in on real estate plot Web of fraudulent flips leads to prison for Todd Kolbe, problems for many others For almost 10 years, Todd Kolbe was the mastermind of an effort to defraud banks of millions of dollars by inflating the value of Southwest Florida real estate. Kolbe, a mortgage broker by trade, …