News about properties and real estate
Distressed homeowners lure Chase counselors to Riverview [Tampa Bay Area] There’s a reason JPMorgan Chase chose Riverview for its second Homeownership Center in the Tampa Bay area. It’s where a sizable portion of its troubled borrowers live. The lender is trying to make it easier for its financial distressed customers to meet face-to-face with counselors …
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Much in flux about proposed downtown Sarasota hotel [Central Florida] Though plans filed with the city prominently say Summerfield Suites Hyatt, the property owner behind the proposed 18-story hotel on Main Street acknowledges the lodging brand could change. Property owner Harry Walia said the change in hotel “flag” would likely occur if a Hyatt internal …
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Reaching out to home mortgages in default SunTrust mortgage customers facing foreclosure will soon start getting phone calls, e-mails and regular mail from Consumer Credit Counseling Service of Central Florida. The nation’s largest backer of home loans, Fannie Mae, announced Wednesday that it has signed up the counseling service to contact SunTrust mortgage customers in …
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SoMa condo bought with help of federal tax credit, loan and even dad [Northern California] When you’re spending more than three-quarters of a million dollars on a property, $8,000 worth of income tax credit may seem minuscule. But for Tony Jarjoura, who paid $756,500 for a two-bedroom, two-bath condo in SoMa Grand (median sale price: …
Home Front: Condo renter beats bureaucracy to win battle to buy Happy endings are rare in the midst of a housing meltdown. But today Donna McCain at last sits in her own home near Sacramento, a condo she rented for five years and tried for 18 months to buy. “What a gift. What a gift,” …
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Prices falling for small apartment buildings | four, market, buildings [Southern California] Irwin “Tres” Trester spent more than a year looking for income property before buying a four-plex in Huntington Beach. “The advantage I was looking for was cash flow. … Going from a (rental) house to a multi-family seemed like the right way to …