News about properties and real estate
Learn How to Invest in Real Estate Through Your IRA Imagine you could use the money in your Roth IRA to invest in a rental house. When you sold, you’d be able to keep the proceeds without ever being taxed, and do the same thing all over again until you were stark raving rich. Well, …
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Developers rethink plans in slow market [South Florida] The music in the residential real estate market has stopped, but the players still are changing seats. Developers with unbuilt projects are weighing whether to sell, sit on or find some other use for their dirt. Rodolfo Gonzalez is an owner of three prime condo sites in …
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Quitclaim deed OK, but title insurance needed Sellers who are divorcing often use such a deed, but buyer needs to protect self with owner’s policy Q: We are trying to buy a house from a couple involved in a nasty divorce. They each have “street fighter” divorce lawyers who use one tactic after another to …
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Court, suspect reach deal [Massachusettes] Home loan scam alleged A Holden woman who is allegedly part of a massive mortgage-fraud scheme has agreed to let a title company have a $745,000 judgment against her. Stewart Title Guaranty Co. was seeking to have the woman, Jamie Brown, cited for contempt because, in her capacity as trustee …
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Sellers furious after buyers cancel deal, pocket deposit DEAR BOB: We put our home up for sale in early October. Within a week, we signed a sales contract with buyers. Eight days later, the buyers backed out, stating they changed their minds. We opted to keep their $2,500 earnest money deposit. But we discovered the …
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Company’s sales pitch exploited link to Magic [Central Florida] Main Street USA implied team had association with investments The Kissimmee company whose owner sits in jail, accused of a multimillion-dollar real-estate fraud, misused its corporate sponsorship of the Orlando Magic to lure local investors to some of its sales presentations, Magic officials and others say. …
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