News about properties and real estate
Q: I own a condominium unit, but recently moved to a house and decided to rent the condo. The association is now saying it wants me to pay an extra $100 a month in maintenance fees and it’s taking away the great parking spot I had for years and giving me one in the back. …
Continue reading “Ask a real estate pro: Board wants condo owner to pay more”
The City Commission’s rejection of Walmart’s plans to develop a supercenter on Ringling Boulevard may end up being but a small episode in a prolonged effort that could involve litigation by the Arkansas-based merchant. “They have three options now,” said city attorney Robert Fournier. “Walk away, try a different approach to see if they could …
Gibraltar Homes, which has been struggling financially amid a general rebound in housing starts regionwide, this week completed terms of a gradual debt write-down tied to an unfinished Manatee County project. Bougainvillea Place, an Ellenton subdivision, represents the homebuilder’s largest community under development. It also sells homes in Lakewood Ranch, also in Manatee County. The …
Continue reading “Builder Gibraltar Homes relieved of debt’s pressure”
In the middle of Key West Harbor, there’s a modern-day Gilligan’s Island just a short dinghy ride from Schooner’s Wharf. It’s 21 acres of wild green space with a rusting barbecue grill and an empty beer keg swinging from a tree. And if you thought the fictional island on the 1960s TV show harbored a …
Continue reading “Wisteria Island: A tussle for a wild isle in the Florida Keys”
For the first time since the country’s real estate collapse began about six years ago, Brevard County led the nation for foreclosure filings, according to a November report by the research firm RealtyTrac Inc.More than any other county in the state, Brevard has been pummeled economically, with an estimated 7,000 to 10,000 layoffs related to …
Continue reading “Bank foreclosures florida: bank foreclosures rise in florida”
The jackpot of a lifetime arrived last month inside a letter from GMAC Mortgage: an offer to make more than $200,000 in debt instantly disappear. The lender, the letter said, would slash what the homeowner owed to ribbons, including shrinking her $204,000 mortgage principal to about a third its size. Far be it from a …
Continue reading “$8 billion in mortgage relief arriving in Florida mailboxes”