Real estate: ‘Timeless’ home exudes Southern charm, grace

Real estate: ‘Timeless’ home exudes Southern charm, grace Pastels and sea shells have their place in Florida décor, just not at 950 Stratford Place in Suntree Estates. Advertisement The mansion is modeled more after a European country home or a Southern plantation than a tropical Florida home. The site of many a fundraiser, the home …

REIT Moves Rub Executives Wrong Way

REIT Moves Rub Executives Wrong Way As if life wasn’t tough enough for chief executives of real-estate companies struggling with the recession, they are also having to cope with price swings in their stocks, which normally are relatively stable. That is making it harder for them to do deals, raise capital, attract institutional investors and …

Economic crisis forces people who’ve never needed help to ask

Economic crisis forces people who’ve never needed help to ask After eviction, Sarah is just grateful for a hot shower. Leilani, once a mortgage-company manager, now can’t afford toilet paper. Eric, who used to buy his children expensive gifts, hasn’t told them that he is staying in a homeless shelter. Sarah, Leilani and Eric are …

In Hard Times, Houses of God Turn to Chapter 11 in Book of Bankruptcy

In Hard Times, Houses of God Turn to Chapter 11 in Book of Bankruptcy The auctioneer told the small crowd huddled outside the Talbot County Courthouse that the property would be sold “as is” — rectory, bell tower, oak pews and rose-tinted stained glass windows included. “Who gives $700,000, 700, 700?” he called out. One …

Homeowners share tale of struggles with Alan Grayson

Homeowners share tale of struggles with Alan Grayson Among the 49,190 Florida homes in foreclosure last month was the cozy ranch house of Cheyenne Bowers and David Paxton, who wonder where they will go when it’s sold at auction in March. The couple refinanced their mortgage a few years ago to pay off other debts, …