Vacation condo deals not risk-free I want to buy a vacation condo and rent it out as an investment. What are the pros and cons? I want to start small and buy with cash. Is this the time to do it? Rock-bottom pricing in many resort areas suggests this is a pretty good time to …
Category Archives: Real Estate
Wellington uses federal grant to help homeowners get keys to foreclosed homes [South Florida]
Wellington uses federal grant to help homeowners get keys to foreclosed homes [South Florida] Despite steep drops in real estate prices and the nation’s recent first-time homebuyer incentives, Danillia Williams never thought she could purchase a place of her own. That didn’t feel tragic to the 42-year-old single mother, but she certainly thought it would …
Lonely places see new faces [Tampa Florida]
Lonely places see new faces [Tampa Florida] Sharon Cardwell’s family was one of the first to move into Brandon’s new Kings Gate neighborhood in fall 2007. The subdivision was abuzz with construction, the sales center was busy and Cardwell eagerly awaited new neighbors. But to her dismay, only a handful more houses went up before …
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Frisco soldier who lost house to foreclosure over homeowners dues gets it back
Frisco soldier who lost house to foreclosure over homeowners dues gets it back The Frisco soldier and his family who lost their home to foreclosure while he was serving in Iraq will get the house back. Army National Guard Capt. Michael Clauer and his wife, May, lost their $315,000 southwest Frisco home in May 2008 …
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Keep your home-equity line of credit from freezing Realty Q&A
Keep your home-equity line of credit from freezing Realty Q&A Question: I have a shrunken home-equity line of credit with a big bank on the property in which I reside. What is the best strategy, if any, to minimize the possibility that the HELOC will be frozen or closed? Currently, I have the line tapped …
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Limits on pursuing delinquent condo owners
Limits on pursuing delinquent condo owners Q. Are there any restrictions on a management company or board on performing ongoing collection activity on a delinquent unit owner’s account? If the unit owner is in bankruptcy, does this have any affect on collection activity? A. While a board of directors must be diligent in pursing delinquent …
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