Ownership dreams take a bitter turn Buyers sue over sales methods they say led to inflated prices and high foreclosure rates The white double-wide with blue shutters in Emerson Estates, sitting on nearly a quarter of an acre of land, seemed a quiet spot in the country. The three-bedroom, two-bath, 1,344-square-foot home also meant their …
Category Archives: Legal
Millionaire fraud suspect can stay in Isleworth home
Millionaire fraud suspect can stay in Isleworth home A millionaire developer accused of securities fraud and grand theft can continue to live in his $7 million Isleworth mansion — at least for now. U.S. District Judge John Antoon II this week ordered that the home and several other assets of condominium developer Patrick B. Kirkland …
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Standardized Credit Score Is Unveiled
Standardized Credit Score Is Unveiled The nation’s three biggest credit-reporting firms said Tuesday that they would standardize how they calculate consumer credit scores, with the goal of making the numbers easier for lenders and borrowers to understand. The joint move by Equifax Inc., Experian and TransUnion also amounts to a competitive challenge to Fair Isaac …
As prices soar, some builders backing out of bargain contracts for new homes [South Florida]
As prices soar, some builders backing out of bargain contracts for new homes [South Florida] Most everything was in boxes as Dottie and Gary Sahadeo prepared to move out of their Coconut Creek home to a more spacious, custom-built house west of Boynton Beach. But with construction almost complete, the Sahadeos received an unwelcome call: …
Developer still seeks condo units
Developer still seeks condo units A developer who began buying condominiums at Cape Coral’s Sunset Towers in the wake of Hurricane Charley is still trying to do so. But condo owners who threw up roadblocks to keep him out say they’re not budging on selling, even if work to repair damage from the 2004 hurricane …
Traps can lurk in tax savings on real estate
Traps can lurk in tax savings on real estate Tax time provides an opportunity to cash in many of the rewards of dabbling in last year’s red-hot real estate market — but there are numerous tax traps if you sold a home, refinanced your mortgage or bought an investment property in 2005. Although the rules …
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