News about properties and real estate
Alan Meltzer has a fantasy about walking into a Wells Fargo branch and making a dramatic announcement.“I’m here to collect,” he imagines himself saying. “Give me your cash registers.”Meltzer isn’t a would-be bank robber. He’s a condominium president who has turned the tables on one of America’s megabanks. via Cerabino: Surburban West Palm Beach condo …
Continue reading “Cerabino: Surburban West Palm Beach condo assocation looking…”
More baby boomers are retiring while still paying mortgages — and some expect to make house payments into their 90s, mortgage brokers and financial planners say. It’s part of a trend: Many current and future retirees are opting not to follow the traditional golden rule of paying off their home before their last day at …
Continue reading “Some boomers to their mortgage: ‘Til death do us part’”
For some parents, sending kids off to college means equipping the budding academics with a laptop and carting their stuff to a closet-sized dorm room on the far side of campus.For others, it involves making a different kind of investment: real estate. According to Realtors in some of the nation’s hottest rental markets, more parents …
Continue reading “Property in College Towns a Boon to Real Estate Investors, Parents”
State-run insurer Citizens backed off proposals to uncap rates for new customers and limit coverage for water damage but its board voted Friday to approve an average 10.2 percent increase in premiums. In an unusual move, the board approved sending regulators two sets of rates. One is an average 8.8 percent increase statewide. But the …
Continue reading “Citizens board approves 10.2 percent insurance increase [Florida]”
As a consumer attorney, it isn’t often that I get to say “bankruptcy” and “exciting news” in the same conversation, let alone in the same breath.But in May, the 11th Circuit Court of Appeals, which covers all of Florida, made some exciting bankruptcy news. A three-judge panel ruled that homeowners with a completely underwater second …
For-sale homes in California are sparse, even in areas with high foreclosure rates. It has led to buyers like Jennifer Bryant, who is willing to throw money at just about anyone willing to sell her a house. Since February, Bryant has made 35 offers on homes in Riverside, only to be elbowed out by other …