News about properties and real estate
Future of Vista Meadows Golf Course up in air [South Florida] Residents who live along the Vista Meadows Golf Course are wondering about the course’s future after it was sold at a foreclosure auction Thursday to a company that intends to resell the property. A previous owner of the course said he believes it may …
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A Few Doors Away, Miles Apart In Taxes On most every block along Corona Street in south Tampa, imposing new homes grow alongside compact, 1940s- and ’50s-era dwellings. Young professional families move in next to widows subsisting on Social Security checks. On one block is a vacant lot. Its developer waits out a lull in …
Deputies warn to beware of old scam with new twist [Central Florida] Collier County officials have a warning for anyone in Southwest Florida trying to find the perfect renter because con artists using an old scam with a new twist may be targeting you. It all involves bogus checks that are complete with the logos …
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Failed loan by ex-Husani partner threatens one bank’s bottom line Michael Tringali borrowed $83 million from seven banks The second largest Florida-based bank could be writing off nearly 15 percent of its annual profits because of fallout from a loan to Neil Mohamad Husani’s former business partner, Michael Tringali. BankAtlantic Bancorp, a Fort Lauderdale-based bank …
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Bills to tackle ground rents [Baltimore] Several state legislators said yesterday that they are drafting legislation to change Maryland’s arcane ground rent system, including bills to prevent homes from being seized over missed rent payments and to ban the creation of new land leases. “We’re just going to do what we did with flipping and …
Part 2 of 3: The new lords of the land [Baltimore] A small number of investors who own many Baltimore ground rents often sue delinquent payers, obtaining their houses or substantial fees Paul W. Nochumowitz describes himself as a bail bondsman who takes home $14,000 a year and is bankrupt. Still, he and his wife, …
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