Avid fliers who love cars, airplanes, hangars and barns, Shawn and Sherrie Parry are no shrinking violets. "We’re both the kind of kids who were described as bulls in a china shop," said Mrs. Parry.The culmination of their interests, vision and nonconformity is a house that doesn’t look anything like the others in this quiet, …
Category Archives: Real Estate
Foreclosure battle depletes ex-Wachovia employee
For two years, Barry Lancett’s effort to get a loan modification from Wachovia, then Wells Fargo, has consumed him. The 55-year-old father of two physically shakes when he discusses his case and says the effort has distracted him when he should be focused on his job. In his crusade, he has accumulated mounds of paperwork …
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Latest Foreclosure Crisis Is the Modifications
The Obama administration’s program to help struggling borrowers keep their homes is being hurt by the same miscommunication, botched documents and other snafus that caused the original foreclosure crisis. After J.P. Morgan Chase & Co. agreed in January to her trial loan modification under the Home Affordable Modification Program, Stephanie Lulko made six $767-a-month mortgage …
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Sinkhole concerns keep condo residents from homes
It’s been four months since a 25-foot wide, 40-foot deep sinkhole opened at the foot of the Bordeaux Village condominium building forcing a dozen families out of their homes. They still aren’t allowed back in the building because of safety concerns. The reason for the exile: A squabble between the homeowner’s association and the insurance …
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Faithful mortgage payments may hobble economy
For almost two years, home foreclosures have swept the nation, spreading misery among once-buoyant families, spattering lenders with red ink and undermining efforts to restart the economy. But a bigger problem may turn out to be the millions of Americans who are still faithfully paying their mortgages, but on houses worth far less than before …
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Foreclosure crisis: New questions being raised about court filings in foreclosure cases
The expanding investigation into Florida’s foreclosure crisis has turned up a new problem that may involve a number of cases: Individuals hired by law firms to notify struggling homeowners when their foreclosure cases are to be heard in court may have filed faulty or false documents. Foreclosure defense attorneys and consumer advocates say they have …