News about properties and real estate
Gainesville developers upgrade their condo plans [North Florida] Gainesville developers are updating their plans to make the city taller. Building planners for University Corners and Gainesville Greens are increasing the facilities, space and cost of their multimillion dollar projects. University Corners announced changes in their $185-million plan late November. They told the city they would …
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Pritzkers put Presidential Towers on the block [Chicago] Complex likely to sell for $450 million or more in big payday for Pritzkers. Eleven years after bailing out the Presidential Towers apartment complex, Chicago’s billionaire Pritzker family is selling the 2,346-unit West Loop property, which could fetch $450 million or more. Built with public subsidies in …
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Learn How to Invest in Real Estate Through Your IRA Imagine you could use the money in your Roth IRA to invest in a rental house. When you sold, you’d be able to keep the proceeds without ever being taxed, and do the same thing all over again until you were stark raving rich. Well, …
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Developers rethink plans in slow market [South Florida] The music in the residential real estate market has stopped, but the players still are changing seats. Developers with unbuilt projects are weighing whether to sell, sit on or find some other use for their dirt. Rodolfo Gonzalez is an owner of three prime condo sites in …
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Sellers Struck When Prices Go Upside Down Every car dealer knows what upside down means: owing more on a car than it is worth. George Fischer of Sarasota — like many other would-be real estate sellers across Southwest Florida and the nation — is rapidly learning that the term can also apply to a home. …
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Quitclaim deed OK, but title insurance needed Sellers who are divorcing often use such a deed, but buyer needs to protect self with owner’s policy Q: We are trying to buy a house from a couple involved in a nasty divorce. They each have “street fighter” divorce lawyers who use one tactic after another to …
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