Birmingham banks going to great lengths to rid books of bad loans and real estate When Regions Bank has bad loans — and it has a lot of unpaid and delinquent ones right now — they get turned to Cash. Jeff Cash, that is. He is Birmingham-based Regions’ point man on clearing out bad debt. …
Category Archives: Real Estate
Vacation home market heats up
Vacation home market heats up Homebuyers looking for bargains are finding the time is right to make an offer on a second home. Plentiful choices, attractive interest rates and low prices are spurring activity in the vacation-home sector, industry members say. Another factor: uncertain returns elsewhere. “People are telling me they’re pulling their money out …
A gilded headache [South Florida]
A gilded headache [South Florida] Jorge Perez joined Donald Trump Jr. Friday for a familiar task: selling a posh and pricey condominium high-rise on the ocean. How hard has that become lately? Perez says he is directing most of his sales energy toward people who have already signed sales contracts to buy units. “We are …
Buddy Johnson’s misspelling and selective memory line his path to financial ruin [Tampa Bay Area, FL]
Buddy Johnson’s misspelling and selective memory line his path to financial ruin [Tampa Bay Area, FL] The unsettling story of Buddy Johnson’s personal finances came out in dribs and drabs: mounting debt, unpaid taxes, foreclosures, and a lawsuit by an elderly couple who say the former Hillsborough elections chief swindled them out of their retirement …
Auctions bringing buyers bargains [East Nashville]
Auctions bringing buyers bargains [East Nashville] A small crowd gathered for the auction of a Shelby Avenue home in East Nashville — one of about 30 properties repossessed by a bank and being sold by Bob Parks Auction Co. in a whirlwind tour this week. Advertisement The historic home’s renovations were nearly complete, including immaculate …
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Isleworth sees more ‘for sale’ signs [Central Florida]
Isleworth sees more ‘for sale’ signs [Central Florida] Isleworth has reigned as Orlando’s most prestigious address for more than a decade. The lavish 300-home subdivision on the Butler Chain of Lakes near Windermere is, above all else, known as the place Tiger Woods, other athletes and prominent business executives call home. But in this real-estate …
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