News about properties and real estate
Builder shifted deeds around [South Florida] Bradenton real estate investor Michael Horner bought a house lot in September 2005 from Construction Compliance Inc. When he figured out that the lot in North Port wasn’t big enough for the house he wanted, the St. Petersburg-based company took it back and sold him a different one. But …
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Easy Cash Uplifting Investors The fuel behind New York’s record-setting real estate bonanza is the sizzling market for capital, and both buyers and lenders predict that cheap financing will be available for real estate investors into the foreseeable future. The availability of investment capital set fire to the real estate investment sales market last year, …
Savvy S. Floridians cash in by renting homes to game fans More than 100,000 visitors are about to descend on South Florida for the country’s largest sports event. What’s a homeowner to do? Hundreds of them are seizing the money-making moment and offering their homes to Super Bowl fans. Asking from $150 a day to …
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Foreclosures put added burden on association-run communities [South Florida] If you think you’re paying more to live in your condo, townhouse or gated community, consider this: It may get worse before it gets better. Experts fear that with homes selling slowly, owners who can no longer afford payments may soon abandon them. If that happens, …
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Tips on how to keep afloat in an unstable housing market About three years ago, northern Nevada experienced a boom in the housing market which managed to stabilize about six months ago, leaving some homeowners in a difficult financial situation. Loan Officer Sonny Lopez of Mortgage America in Reno noticed an increase in the amount …
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Developer shelves luxury condo project [South Florida] Developer decides now is not the time for its luxury condo project. Faced with continued sluggishness in the high-end condominium market and little reason for short-term optimism, the owner of the land at U.S. 41 and Gulf Stream Avenue downtown has shelved plans for a 17-story luxury residential …
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