News about properties and real estate
Boca firm trying to buy 30 properties from Sizeler [South Florida] Sizeler Property Investors Inc. is no stranger to bruising shareholder fights. Only last year, the Louisiana-based real estate investment trust with a West Palm Beach office jumped into the ring with dissidents looking for seats on its board. The new battle it faces is …
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Un-Real Estate [Yellowstone WY] “Is the Jackson Hole real estate market hot?” Ron Miller ponders the question. “I can’t answer that. There are niches. With my condos at the Village, I’m swatting buyers off. But my place at Indian Trails, I can’t find a buyer.” Miller, the responsible broker for the Jackson Hole Real Estate …
Unsuspecting Internet buyers paying thousands for unbuildable lots Old-time swamp peddling has gone high-tech, thanks to Internet-auction sites such as eBay. The pitch – speculation on near-worthless Florida real estate – is decades old. But today, a new generation eyeing property for investment or retirement is buying land that’s miles from civilization, has no roads …
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Protections failing time share buyers Sales unchecked by complaints, lawsuits South Carolina has more time shares than every U.S. state except Florida, but the agency that regulates the industry has been hamstrung by budget cuts and now only has one person assigned to time share complaints. Despite 32 pages of laws on time shares, South …
Buyers in a bind After struggling home builder Jade Homes suddenly closed its doors last month, buyers of about 75 homes found themselves in difficult straits. Ali Alshalkmi is a Tampa businessman who bought 10 homes at a total cost of about $3 million for himself and members of his extended family. He deposited $200,000 …
Mortgage closing costs are sky-high in Florida State’s fees are behind only New York, Texas, Hawaii and Ohio. For the second year, New York has the highest mortgage-related fees in Bankrate .com’s annual closing-costs-comparison survey. New York’s high title and settlement costs lifted the state well above No. 2 Texas. The Lone Star State was …
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