Two separate loan balances totaled $14,594,441.50. Palm Coast, FL – September 20, 2011 – The Flagler County Clerk of Courts recorded September 15th two "Deeds In Lieu of Foreclosure" to a company affiliated with lender SunTrust for the Grand Reserve Golf Course. In a deed in lieu transaction, the property owner (in this case OB Investors, […]
Foreclosure sales are triggered by the lender. The property is sold to satisfy the final deficiency judgment against the borrower. Palm Coast, FL – September 19, 2011 – Foreclosure numbers recently released by RealtyTrac, a California-based company again confuse. As do so many publications, the Daytona News-Journal cites RealtyTrac as their data source. In a […]
Faulty mortgages and foreclosure abuses have cost the nation’s 5 biggest home lenders at least $65.7B, according to a tally by Bloomberg News, and new claims may push the total to twice that. Palm Coast, FL – September 19, 2011 Faulty mortgages and foreclosure abuses have cost the nation’s five biggest home lenders at least […]
Adams Cameron, Tidelands, Putnam State Bank, Intracoastal Bank, A1A Scenic & Historical Byway, Building Permits. Palm Coast, FL – September 17, 2011 – Homebuilders, developers, Realtors®, and others tied to Palm Coast’s real estate market have been active recently. Here are a few making the news: Adams Cameron Marian Schwenn has joined the sales staff […]
Rumors galore, but don’t get your hopes up. It’s all about rooftops, demographics, and the economy. Palm Coast, FL – September 15, 2011 – Palm Coast residents want a Costco, or a Sam’s Club, or a BJ’s Wholesale Club. The nearest Sam’s Club is in Daytona Beach. Costco’s nearest store is in Jacksonville. Residents’ strong […]
If Congress doesn’t renew this program before September 30th, 21,000 communities in the United States won’t have an affordable option to protect themselves from flooding. Palm Coast, FL – September 14, 2011 – On Sept. 30, 2011, the National Flood Insurance Program, which provides flood insurance to 5.6 million homes and businesses, will expire. If […]
Gained control of Southern Nevada condominium homeowners’ associations so they could direct business to a certain law firm and construction company. Palm Coast, FL – September 13, 2011 A Las Vegas man pleaded guilty today in connection with a scheme to fraudulently gain control of Southern Nevada condominium homeowners’ associations so they could direct business […]
CBV Resort Homes, Keystone Homes, Exit Realty, ICI Homes, building permits Palm Coast, FL – September 12, 2011 – Homebuilders, developers, Realtors®, and others tied to Palm Coast’s real estate market have been active recently. Here are a few making the news: CBV Resort Homes CBV Resort Homes announced the completion of its Ocean Belle […]
Home sales are up over last year and inventory is declining. Condo absorption rates vary widely. Palm Coast, FL – September 9, 2011 – Palm Coast/Flagler County home sales reported to MLS are still trickling in as I write this. But even without additional sales, August represents the fifth consecutive month of a strengthening local […]
The housing market is still not yet back to normal, but the inventory component is moving in the right direction. Palm Coast, FL – September 8, 2011 – GoToby.com has followed the decline in the inventory of homes available for sale in Palm Coast and Flagler County. MLS listings for single-family homes have dropped to […]