News about properties and real estate
Renters say they’re forgotten Katrina victims Like thousands of low-income people trying to stay in New Orleans, Russell Frays is worried about how he’s going to pay the rent. “We’re trying to figure it out, but we’ll have to make some adjustments,” he said. Congress has approved billions of dollars to help Louisiana homeowners who …
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Owner seeks way to regain possession of rental DEAR BOB: I gave my tenant the required notice to move, confirmed with a receipt of notice. She agreed to move out. But the unit is now locked, no one is there, and her car is parked in the driveway. I phoned several times, but no reply. …
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Sink or swim time for condo developers [South Florida] It’s sink or swim time for many condo developers throughout South Florida. Big, grand condo plans are hard to keep when the market appears to be positively FLEEING from real estate. And that was before Tropical Storm Alberto started the hurricane season off with a shudder. …
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Sketchy lending practices forcing many from their homes [South Florida] By the time Winston Williams filed for bankruptcy, one of his two mortgage lenders had, too. Then, by the time the Riviera Beach man was ordered to pay more than $126,000 to stave off foreclosure, his other lender had agreed to pay millions to settle …
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Sellers’ new math As houses stay on the market longer, nervous owners have begun dropping their prices. For four long months, there has been a “For Sale” sign in front of David and Jody Saltzman’s Malibu home. Located in Sea View Estates, on a cul-de-sac in a kid-friendly neighborhood with excellent public schools, the 3,100-square-foot …
Conversion delays ending for Boca, Palm Beach condos [South Florida] Condo converter Ceebraid-Signal promises progress in two of its troubled projects, both of which have experienced significant delays and been the subject of liens and lawsuits. Company officials say they will resume work on the long-delayed Eden Condominium project in Boca Raton next month.