News about properties and real estate
Florida Foreclosure Auction Web Sites Confuse Consumers Over the past year, I’ve covered Florida’s deep foreclosure problem on multiple occasions. To attempt to cope with the growing foreclosure inventory, the state government has turned to an eBay-like online foreclosure auction system. While utilizing the Internet may be a smart means for making the auction process …
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Weak insurers put Floridians at risk Millions of Floridians now bet their homes on property insurers that teeter on the edge of financial failure, a Herald-Tribune investigation has found. These companies look nothing like the Allstates and State Farms that insure the rest of America — legacy carriers that command bankrolls the size of small …
Corcoran exec Pamela Liebman says realistic expectations are key to real estate sales success It’s been six years since The Corcoran Group made its dramatic entrance from New York City onto the Palm Beach real estate stage, instantly acquiring local cachet by acquiring successful broker Paulette Koch’s namesake agency here in late 2003 and, shortly …
Dezer Properties takes stake in Sunny Isles Beach Trump Towers As the Related Group unwinds projects, Dezer Properties has taken over the Miami mega-condo developer’s ownership stake at Trump Towers in Sunny Isles Beach and is assuming the remaining debt on the property. Condominium prices are being cut by at least 30 percent at the …
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For some, mortgage relief ends up costing more In 2008, Southwest Airlines flight attendant Kevin Parker slammed his shoulder so hard during severe turbulence that he was out of work for months. His lender, Bank of America, allowed him to skip payments on his St. Petersburg home for 90 days. But when Parker sought a …
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Yes, you can buy a home By now, everyone has heard there are some great real estate deals out there. Foreclosures and short sales, sad as they are for the people who endure them, mean opportunities for buyers — not only in themselves, but also because they drive down the prices of neighboring market-rate homes. …