Messy paper trail leads to trouble with refinancing

Messy paper trail leads to trouble with refinancing Refinancing a mortgage four times in a year creates enough stress. Add title problems, and you can hardly bear the anxiety. It happened to Apurva Pande and his wife, Chinmaya Misra. Both are architects in Los Angeles, and they bought a house three years ago. The house …

Apartments turned into condos now a tough sell [Pheonix Arizona]

Apartments turned into condos now a tough sell [Pheonix Arizona] Developers are delaying or dumping plans to convert some Phoenix-area apartment complexes into condominiums. A year after they pulled more than 7,000 apartments off the market, condo converters are finding that buyers in many areas are not interested in paying top dollar for a refurbished …

Sheraton stays open for now [South Florida]

Sheraton stays open for now [South Florida] Demolition of the Sheraton Bal Harbour will wait until next year as developers shuffle their plans for a condominium and resort complex, an executive said Wednesday. The Sheraton Bal Harbour gets a reprieve as developers hold off demolishing the resort to make way for condos. A cooling real …

From rubble to regal [South Florida]

From rubble to regal [South Florida] ‘Builders put their models somewhere in the back of the estates area … you see lots of houses fronting busy streets in West Palm Beach, for example. People don’t mind showing off their homes.’ — builder Fred Brunoli, on the choice of location for the Octavian model on Collier …

Baldwin Park’s growing pains [Central Florida]

Baldwin Park’s growing pains [Central Florida] Kevin Wallace and his landlord have one thing in common: Both are struggling in downtown Baldwin Park. Wallace, a first-time business owner, operates a home-accessories shop in the heart of Baldwin Park Village Center. His store, Urban Arts, has been open for a year but is fighting for survival. …