A condo owner under foreclosure and association liens ”sells” the garage assigned to his/her unit. Is that OK? Probably not. Palm Coast, FL – February 5, 2012 – Foreclosed property owners sometimes resort to desperate measures. Strapped for cash, they have been known to strip their property of anything of value; appliances, lighting and plumbing […]
”Duck-billed platypuses of the financial world” — strange institutions with the perceived safety of a government guarantee and the high-risk strategies of a private corporation. Palm Coast, FL – February 3, 2012 – Earlier this week, ProPublica and NPR detailed how Freddie Mac placed bets against homeowners that paid off if borrowers were unable to […]
Flagler-based bank opening its first expansion outside of Flagler County. Palm Coast, FL – February 2, 2012 – Intracoastal Bank today announced the opening of its Daytona Beach Lending Center. This location marks the Bank’s first expansion outside of Flagler County. “We are very pleased to open our first location in Volusia County, and under […]
Ninety-one properties scheduled for foreclosure sale this month. Palm Cost, FL – February 1, 2012 – Ninety-one Flagler County properties are currently scheduled to be sold at foreclosure auction during February. The foreclosure process takes time. The foreclosure was initiated on one of the scheduled properties in 2006. Of the remainder, 4.4 percent were initiated in 2007, […]
Even the Mortgage Bankers Association itself, in a flourish of irony, arranged for a short sale of its Washington headquarters. Palm Coast, FL – January 31, 2012 (Reuters) – It was just last summer that Charlotte Perkins made the hardest decision of her life as she and her husband Jim were caught in the vise […]
A quartly report from the National Association of Realtors® Research. Palm Coast, FL – January 27, 2012 – The Research group of the National Association of Realors® introduces the Comercial Real Estate Market Survey. It measures activity in the commercial real estate markets. The survey collects data from commercial REALTORS® and is designed to provide […]
Remodeling sentiment rose to the highest level in five years, according to the National Association of Home Builders’ (NAHB) Remodeling Market Index (RMI) for the fourth quarter of 2011. Palm Coast, FL – January 26, 2012 – Remodeling sentiment rose to the highest level in five years, according to the National Association of Home Builders’ […]
Palm Coast courses have change owners, managers, or membership strategies. Icons like Reynolds Plantation and Cliffs Communities seek elusive solutions while facing receivership or bankruptcy. Palm Coast, FL – January 26, 2012 – Golf clubs everywhere are battling to survive the Great Recession with mixed results. The recession’s unprecedented depth and duration has tested the […]
After reaching a 19-month high, pending home sales eased in December but stayed above year-ago levels, according to the National Association of Realtors®. Palm Coast, FL – January 25, 2012 – After reaching a 19-month high, pending home sales eased in December but stayed above year-ago levels, according to the National Association of Realtors®. The […]
March 1st – If you snooze, you lose!! Palm Coast, FL – January 24, 2012 – According to Flagler County Property Appraiser, James E. Gardner, Jr., CFA, the 2012 deadline for filing for Homestead, Senior, Deployed Military and various other real estate tax exemptions is March 1st. If you own and occupy your home and […]