Businesses facing homeowners’ woes Recent storms cause premiums to soar Al Paraldi got a nasty shock a few weeks ago — because of the skyrocketing price of business insurance, the rent for his Dollar Boulevard store in Cape Coral was going up by about $100 a month. He’s one of many tenants, landlords and property …
Category Archives: Real Estate
Goodbye, city life
Goodbye, city life Shelly McKnight and her husband, Matthew Haynes, seemed to have a good life in the Los Feliz Hills. They owned a home in a chic area, had jobs in the film industry and traveled the world on vacations. But both felt something was missing. When a motorcycle trip in 2002 to look …
\Slowdown halts condo conversions
Slowdown halts condo conversions [South Florida] Tenants at 210 Watermark recently learned their apartment complex in downtown Bradenton won’t be going condo afterall. And 210 Watermark is not the only member of the condo-conversion craze sidetracked by the real estate slowdown. Turnbury Park at Palm-Aire is also staying rental for now, Peter Wenzel, managing member …
Consequences to co-signing mortgage catch some by surprise
Consequences to co-signing mortgage catch some by surprise DEAR BOB: My parents divorced in 1995. The judge gave the house to my mom, but she had to either sell it or keep it and refinance the mortgage. She wanted to keep the house. But she couldn’t refinance because her debt-to-income ratio was too high. So …
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Goodbye, MetroWest — Hello, Veranda Park? [Central Florida]
Goodbye, MetroWest — Hello, Veranda Park? [Central Florida] It is 20 years old and one of the most recognizable communities in Orlando, but MetroWest may soon get a new name. The 1,800-acre planned community will be renamed Veranda Park once a lavish $400 million town center of the same name is completed, according to developer …
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Housing sellers, buyers deadlock [Central Florida]
Housing sellers, buyers deadlock [Central Florida] There is a glut of homes on the cooling market, which is no longer seeing the high-speed sales of red-hot 2005. Home buyers and home sellers are in a virtual stalemate in Central Florida, with housing prices holding at lofty 2005 levels while more properties are hitting the market …
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