News about properties and real estate
Leaving Affordable Mortgage May Become Winning Gambit [Southern California] Scott Conroy pays the mortgage every month on his one-bedroom condominium in San Diego, even though it’s worth 33 percent less than what he owes and it may take more than a decade to break even. Homeowners like Conroy who can afford their monthly payments are …
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First-time home buyers scramble to beat deadline for $8,000 tax credit Ashley Johnson took a whirlwind tour of roughly 40 homes this summer. The 26-year-old was staring down a deadline: Buy a home by the end of November in order to get $8,000 in free money from the federal government. Who qualifies: First-time buyers and …
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Four years after Hurricane Wilma battered South Florida, some homeowners are still dealing with claims [South Florida] Marta Ayala’s colorful artwork is showcased throughout her immaculate Parkland home. Every room also features vivid reminders of 2005’s Hurricane Wilma: cracking paint and yellow water drip marks, some as long as 10 feet. Weeks after the storm, …
Tibor Hollo, South Florida’s dean of the deal, is thriving So you want to buy a Miami condo but are afraid prices will keep falling? Or, maybe you’re worried about losing your job or have heard those stories about how hard it is to land a condo loan. Veteran Miami developer Tibor Hollo is offering …
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Downtown development: Miami, Fort Lauderdale and West Palm Beach officials check to see if they overbuilt in the early 2000s [South Florida] Developers poured money and concrete into South Florida’s three county “capitals” this decade, furiously building up the downtown skylines with thousands of new residential high-rise condos and apartments. Now that the real estate …
Miami-Dade property tax appeals flood in from condo associations With the deadline to appeal property taxes a week away, local appeals firms are hard at work, with many more cases coming from condo associations seeking appeals on behalf of unit owners. With condo values dropping steeply, many condo associations are filing class appeals on behalf …
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