News about properties and real estate
Disputed lake lots still tied up in court The war on Lawson Drive in Forsyth County did not end with the infamous federal court case forewarning those who encroach on U.S. Army Corps of Engineers property. A storm cloud of legal battles and bad blood still hovers over the Lake Lanier peninsula, though the court …
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‘STICKER SHOCK’ Florida homeowners face soaring insurance costs, with no sign of relief in the forecast. When Derek and Alexandra Donovan fled frigid Buffalo, N.Y., last year, they looked forward to what they thought would be a cheaper cost of living in Manatee County. While the two master hairstylists were happy with the price of …
Condo Sales, With a Catch – New York Times Imagine signing a contract to buy your very first apartment, a studio high above Herald Square in the heart of Manhattan, but at 25 percent below the usual market price. It was a dream that came true a few weeks ago for Daniel A. Montaña, a …
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North Pointe drops policies [South Florida] North Pointe, a large commercial insurer, is pulling back its exposure in Florida, dropping about 40 percent of its policies. Already on edge as this year’s hurricane season gets under way, the state’s insurance market is about to get another shock. North Pointe Holdings, a large commercial insurance company, …
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Insure home, or buy food? As rates soar after last year’s storms, some homeowners say they simply can’t afford to buy insurance anymore. The same day a new hurricane season dawned, the retired photographer and 85-year-old World War II veteran joined a growing class of Floridians – uninsured homeowners. It wasn’t his choice.
Easy-to-get loans cause thousands to lose homes Easy money has led to hard times. The millionaire businessman living in a $5 million Palm Beach Gardens home; a couple’s county-subsidized 3-bedroom, 2-bath slice of suburbia; a Fort Pierce widow struggling to keep her hurricane-damaged house: pre-foreclosure notices have landed on all their doorsteps. More than $106 …
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