News about properties and real estate
Couple may face prison time in Southwest Florida real estate scam A decade ago in New York, where Wall Street held the promise of riches, Ronald Luczak started selling securities. He ended up in jail instead. He was one of 13 defendants in a stock-trading scam, pleading guilty to a federal fraud charge and receiving …
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Condo-Minimum With the condo glut growing as new towers are finished, and buyers walk away from presale contracts, developers increasingly are resorting to auctions to unload units at steep discounts. Unlike ubiquitous foreclosed-home auctions, these events seek to establish market prices for untainted, often upscale properties. In an aggressive test of the strategy, 39 luxury …
Associations look to cash advance for help – Forbes.com/a> Two years ago, Captiva Lakes Villas in suburban Miami was struggling to pay its water and garbage collection bills, and its condo association was mired in a $60,000 budget shortfall. Like other homeowner associations around the country, Captiva Lakes Villas saw many members, some with unmanageable …
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Assemble across-the-board insurance coverage for your home As some Central Florida homeowners continue to pick up the pieces left from Tropical Storm Fay, others are keeping an eye on Ike and Josephine — and hoping their insurance policies have them covered against every peril. Basic homeowner’s insurance is just that — basic. It doesn’t cover …
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As prices plunge, housing experts wonder when recovery begins With the pep talk from real estate agents contradicted by doom-and-gloom reports on the housing industry, nobody seems to really know if or when the market will begin to recover. Consumers who have been sitting on the fence are being advised by sales agents that it’s …
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Where Homes Are Selling Fastest [Northern California] Houses in Sunnyvale, Calif., home to companies such as Juniper Network (JNPR), AMD (AMD), and Yahoo! (YHOO), are typically on the market for 66 days, making it the fastest-selling real estate market in the country. That’s the good news. The bad news is that listings a year ago …
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