Foreclosed options More people in Alabama are losing their homes to foreclosure, thanks partly to bad homeowner choices, market fluctuations and bankruptcy laws. The good news, if you can call it that, is that Alabama’s foreclosure rate is still well below the national average. The bad news is that the number of foreclosures here is …
Category Archives: Real Estate
Rent to sell
Rent to sell House for rent. Brand-new kitchen. Quiet suburban location. Could rent-to-buy. Please, somebody, take this house! Homeowners Aaron and Jen May are trying not to sound desperate, but beneath their determined demeanor is an edge of fear. They lived in their 20-year-old suburban Wales house for a couple of years and put more …
Briny Breezes’ mobile home owners could soon be millionaires [South Florida]
Briny Breezes’ mobile home owners could soon be millionaires [South Florida] Nestled conspicuously amid multimillion-dollar homes and splashy high-rise condos, the coastal trailer-park town of Briny Breezes seems out of place, a relic of Old Florida that may soon vanish. If residents approve the Palm Beach County community’s sale to a developer for more than …
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Centro Ybor Gets New Owner [Central Florida]
Centro Ybor Gets New Owner [Central Florida] A Chicago-based real estate investment group bought Centro Ybor Friday, promising to inject new life – and, possibly, homes and offices – into the landmark Ybor City entertainment complex. M&J Wilkow announced Friday that the company bought the 6-year-old retail, restaurant and entertainment center. The company says it’s …
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Let the borrower beware when getting mortgage
Let the borrower beware when getting mortgage Big purchase demands extra dose of caution Whether you already have a mortgage or you plan to buy a house in the next year, here are seven mortgage tips for 2007. Review your mortgage — does it still fit your circumstances? Interest rates change, children are born and …
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Pursue options before defaulting on mortgage
Pursue options before defaulting on mortgage If you are falling behind in your mortgage payments, the first thing you should do is pick up the phone. “A lot of times it’s just a matter of telling your story to the bank,” said Jonathan Pinard, president of the Empire State Mortgage Bankers Association of New York. …
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