Austin TX Federal bankruptcy court approves Crescent’s plan for reorganization. Palm Coast, FL – May 24, 2010 – Today, a Federal bankruptcy court in Austin TX approved Crescent Resource’s plan for reorganization that will allow the company to exit chapter 11 bankruptcy in early June. Crescent was once the darling real estate development arm of […]
Cash-strapped homeowners associations have a variety of tactics available to them to collect unpaid fees. Palm Coast, FL – May 21, 2010 Article From Houselogic.com By: Terry Sheridan Published: March 26, 2010 Cash-strapped homeowners associations have a variety of tactics available to them to collect unpaid fees. As difficult as it may be, there’s really only […]
Still the highest in Florida Palm Coast, FL – May 21, 2010 – Florida’s Agency for Workforce Innovation today reported April unemployment figures for the state. Flagler County’s unemployment dropped from 16.6% in March 2010 to 15.4%. In spite of the drop, Flagler maintains its position of having the highest unemployment rate in the state. The 10 Florida […]
Investors bought Tax Certificates on Landmar property for delinquent 2008 taxes. The certificates pay 17% interest. The city needs to clear liens to get clear title. Palm Coast, FL – May 20, 2010 – The city of Jacksonville, FL will likely pay the back taxes and $86,000 interest that has accrued on Tax Certificates related […]
Attorney Dana Ballinger files 3rd complaint in which she represents Ginn sur Mer plaintiffs. Ballinger and some plaintiffs first heard about Ginn-LA’s Credit Suisse default from GoToby.com. Palm Coast, FL – May 19, 2010 – Bobby Ginn and his financial partner Lubert-Adler are hit with the second lawsuit in a week. Last week, the trustee […]
Some contracts with Hampton Golf have been removed from the list of contracts to be assumed by the reorganized Crescent. Palm Coast, FL – May 18, 2010 – Last Thursday, GoToby.com published a story about Crescent Resources’ plan for reorganization for exiting Chapter 11 bankruptcy. The story focused on a list of "contracts…to be assumed" […]
Deciding whether to repair or replace roofing is largely an exercise in timing–you don’t want to reroof too soon and waste money, but you don’t want to wait too long either. Palm Coast, FL – May 17, 2010 Article From Houselogic.com By: Jeanne Huber Published: September 16, 2009 Deciding whether to repair or […]
On average, American consumers spend only 5 hours researching their home mortgage options, about the same as time spent planning a one-week vacation. Palm Coast, FL – May 17, 2010 – Buyers often blame someone else when their real estate investments or home purchase turns out badly. Some of them are right. I’ve seen enough […]
Even with the state’s highest unemployment rate and flood of distressed properties, more owners are making sure their property taxes are paid. Palm Coast, FL – May 14, 2010 – Flagler County, FL’s 2009 Property Tax delinquencies are 26.35% lower than last year’s. In spite of the abundance of distressed properties (lender-owned via foreclosure or […]
The Confirmation Hearing for Crescent’s Plan for Reorganization is scheduled for May 20. The plan has good news for club members. Palm Coast, FL – May 13, 20 – Crescent Resources LLC is expected to emerge from Chapter 11 bankruptcy soon. Crescent and 130 of its subsidiaries declared bankruptcy June 10, 2009. Over the last […]