News about properties and real estate
< a href=”http://www.mortgage101.com/partner-scripts/inman.asp?ID=51342″ target=blank>Major real estate advantages of living trusts Managing, transferring assets becomes a cinch Two subjects nobody enjoys thinking about are death and taxes. Because April 15 just passed, we don’t have to talk about income taxes until next year. But death is a topic that is difficult to avoid, especially as the …
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Foreclosures — No Worries, No Vision The lending community will plainly tell you that foreclosures are on the rise — in part because of rising interest levels — but don’t worry. According to the party line, there’s no need for alarm because the overwhelming majority of owners will not be foreclosed. The alleged logic here …
Lady Lake demands payment Property owners could face foreclosure over 1989 paving bills The town wants property owners to pay for improvements from 1989. Owners of about 46 homes in town, many in the poorer Skyline Hills neighborhood, will receive bills up to $7,000 and have 30 days to make a payment or face foreclosure.
Lifelong house no longer home Broker’s deal ends with couple facing eviction by new owner Carol and Anthony Calvagno said they just weren’t thinking straight three years ago when the solicitation from Southern Star Mortgage came in the mail. “I would have done anything I could possibly do to save my house,” said Carol, 52, …
Insurance burden could fall on policy holders [Florida] Picking up the pieces after Poe Financial Group’s breakdown will fall to the state’s insurance pool — and possibly Florida residents. The downfall of Poe Financial Group, Florida’s largest insurance insolvency, is a burden that will fall to the state’s insurer of last resort — and eventually …
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Condo construction halted; lender files for bankruptcy When a Las Vegas lender plunked down money from retirees, investors and even a medical research firm’s pension fund to finance construction of a West Palm Beach high-rise condo, everyone gambled that red-hot Florida real estate was a sure thing. Low-income residents of the apartment complex moved, heavy …
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