News about properties and real estate
Michael Y. Cannon Real Estate [South Florida] RETAIL BUILDING SOLD FOR $4.1M Location: 2000 Harrison St. Seller: Levymint, represented by Jerry Mintz, president. Buyer: Seattle Properties, represented by Pablo Rodriguez, manager/president. Price: $4.1 million or $264.99 per square foot, based on 15,472 square feet of building area. Total Assessed Value (2006): $1,408,890 or $91.06 per …
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Insure home, or buy food? As rates soar after last year’s storms, some homeowners say they simply can’t afford to buy insurance anymore. The same day a new hurricane season dawned, the retired photographer and 85-year-old World War II veteran joined a growing class of Floridians – uninsured homeowners. It wasn’t his choice.
New trend for first-time home buyers [Contra Costa] In the hypercompetitive world of Bay Area real estate, a trend has emerged that brightens the prospects for first-time home buyers but tightens the options for the most cash-strapped among us. The trend — developers converting rented apartments to owner-occupied condominiums — has been gaining speed in …
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Easy-to-get loans cause thousands to lose homes Easy money has led to hard times. The millionaire businessman living in a $5 million Palm Beach Gardens home; a couple’s county-subsidized 3-bedroom, 2-bath slice of suburbia; a Fort Pierce widow struggling to keep her hurricane-damaged house: pre-foreclosure notices have landed on all their doorsteps. More than $106 …
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Homeowners despair as insurers refuse to pay Debate over coverage stalls efforts to rebuild and may land in court Angry messages spray-painted on jagged pieces of scrap plywood line Beach Boulevard, where families lived and vacationed for generations before Hurricane Katrina.
Owners seek loan to avoid ‘fire sale’ of condo Frustrated and angry homeowners of the hurricane-ravaged 1515 Tower condominium are scrambling this week to get a construction loan so they aren’t forced to sell the West Palm Beach high-rise at a fire-sale price. Rather than just take the money two suitors are offering for the …
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