Entries by Toby Tobin

Three Crescent Resources Properties Revert to Seller/Lender

Palm Coast Holdings-related entities take title to Grand Woods, Roberts Road, and Grand Landings projects as part of Crescent Resources exit from Chapter 11 Bankruptcy. Palm Coast, FL – June 26, 2010 – In accordance with its Chapter 11 Bankruptcy reorganization plan, Crescent Resources gave up title to three large development properties in Palm Coast […]

Mortgage Broker Licensing Rules to Get Tougher

New rules for mortgage license applications take effect later this year that require annual criminal background and credit report checks. Palm Coast, FL – June 24, 2010 BY NIRVI SHAH: MiamiHerald.com After years of lax licensing requirements, all mortgage brokers in Florida — including those who may have just submitted an application — will have […]

Florida’s existing home, condo sales rise in May

Sales of existing homes in Florida rose 18 percent in May, marking 21 months that sales activity has increased in the year-to-year comparison. Palm Coast, FL – June 23, 2010 ORLANDO, Fla., June 22, 2010 – Sales of existing homes in Florida rose 18 percent in May, marking 21 months that sales activity has increased […]

Squatters Take Over Homes Under Archaic Law

Imagine going to a house or condo you own and finding a stranger living there who claims the property no longer belongs to you. Palm Coast, FL – June 23, 2010 FORT LAUDERDALE, Fla. –  Imagine going to a house or condo you own and finding a stranger living there who claims the property no longer […]

$2.46 Million Awarded in First Chinese Drywall Jury Trial

Chinese wallboard imported between 2004 and 2007 releases sulfuric odors that corrodes wiring throughout the home, damages appliances and causes various health problems. Palm Coast – June 21, 2010 – A Florida family has been awarded $2.46 million in the first Chinese drywall lawsuit to be heard by a jury. The decision was seen by […]