Florida justice shuts down foreclosure mediation program

Florida Supreme Court Chief Justice Charles Canady shut down the state’s 2-year-old foreclosure mediation program Monday, after low success rates and criticism from both lenders and borrowers deemed the program unsustainable. The court system, which has faced a torrent of foreclosure cases in the past several years, has seen its budgets cut and staff reduced. …

Do You Really Want to Be a Landlord?

Jeannette Boccini thought she had found a great renter, someone who would take extra good care of her townhouse. Then the nightmare began. The tenant repeatedly harassed the neighbors, complained that the wood chips in the community playground were toxic, and informed Ms. Boccini on Christmas morning that someone was playing Christmas carols too loudly. …

Charlotte County builder’s odd road to success

Being able to click with people — all kinds of people — can mean success for a homebuilder. From childhood, Christin Cupp has known all kinds. Her mother, she says, was a "bar floozy." Her father, a Jehovah’s Witness. “During the week, I grew up in a bar,” she said. “On the weekends, I would …

Richard White: Tips on how to identify a well-managed condo association

Q. Please let us know how one can identify a well-managed condominium association when considering purchasing a unit. Please share your top three or four questions to ask as well as tips to look for in the answers.— J.G. A. I would first sit down and compose a list of thing you want in your …

5 things to consider before buying a multifamily home

When Michael and Monica Tesoriero started looking at houses last year, they were set on a single-family in Medford – until they saw how little they could get for their money. “After seven months of looking,” says Monica, who works in finance at Harvard University, “we came to the realization that most houses in our …

Own vs. Rent: A Growing Reason to Buy

Home prices and mortgage rates have fallen so far that the monthly cost of owning a home is more affordable than at any point in the past 15 years and is less expensive than renting in a growing number of cities. The Wall Street Journal’s third-quarter survey of housing-market conditions in 28 of the nation’s …