System stymies mortgage fix

Homeowners who have spent months trying to work with their mortgage provider to avoid foreclosure are increasingly confused and frustrated. “I’m madder than hell,” said Alma Miller, 82, who has tried for months to get a loan modification on her Santa Rosa home. “They’re just playing games with me.” Miller’s anger is shared by a …

Condo security: South Florida HOA to use fingerprinting device for access to clubhouse, block access to delinquents

Condo security: South Florida HOA to use fingerprinting device for access to clubhouse, block access to delinquents – South Florida Sun-Sentinel.com Several weeks ago, Lynn Penedo’s condominium association installed an electronic fingerprint-scanning device outside her building’s multimillion-dollar community clubhouse. Now she refuses to use it because she fears identity theft.The association says it’s all about …

Tracking the First Coast’s great condo bust [North Florida]

Tracking the First Coast’s great condo bust [North Florida] While attention has been focused on shrinking values in Jacksonville’s single-family housing market,something much worse has been happening in the condominium market. Numbers tell the story: The median sales price for condominiums in Clay, Duval, Nassau and St. Johns counties has sunk by more than 70 …

Church Guides Harlem Condo

A few doors down from the imposing stone facade of the Abyssinian Baptist Church on West 138th Street, one the most important activist churches in Harlem, a new condominium development is about to go on the market including market-rate penthouses, with open stainless-steel kitchens, granite counters, and terraces, priced up to $970,000. But rather than …

Homebuyer tax credit causing headaches and trouble

Homebuyer tax credit causing headaches and trouble The federal homebuyer tax credit did its job to boost the real estate market, but many involved – from buyers to the IRS – have run into problems with confusing wording and stipulations. The result: Hundreds of thousands who’ve already filed for the credit will have to give …

Study: Nearly a quarter of all U.S. foreign buyers choose Florida

Study: Nearly a quarter of all U.S. foreign buyers choose Florida International buyers have helped buttress Florida’s real estate market with 22 percent of all foreign clients nationally choosing property in the Sunshine State. That makes Florida tops for attracting foreign interest, according to a summer report by the National Association of Realtors. California came …