A single working mom trying to sell her home as a short sale wound up in foreclosure, despite what agents say were five viable offers on her house. Palm Coast, FL – April 20, 2010 By: Jennifer Lindgren Taren Reed : First Coast News Updated April 20, 2010 – Jacksonville – A single working mom […]
To avoid lengthy litigation, Flagler County settles with Ginn Development over lease termination and $84,711 in past due rent. Palm Coast, FL – April 20, 2010 – Last night, the Flagler County Board of County Commissioners reached a Settlement Agreement over a lawsuit with Ginn Development Company LLC. At issue was Ginn’s non-payment of rent […]
The Cliffs Communities will borrow at least $62 million from residents of the company’s luxury communities in the Carolinas to build golf courses and other amenities at the developments Palm Coast, FL – April 19, 2010 – Cliffs Communities developer Jim Anthony puts together a creative bond deal with members from his eight developments in […]
Chamber of Commerce Chairman makes a strong case against the so-called Home Town Democracy Amendment The following commentary appeared first in the April 15th issue of the Palm Coast Observer Palm Coast, FL – April 19, 2010 – Chances are, you are among the many Floridians who have yet to hear about Amendment 4, which will […]
Fifteen homes built by some of the Palm Coast area’s finest builders Palm Coast, FL – April 17, 2010 – Today kicks off the Flagler Home Builders Associations 17th annual Parade of Homes. Fifteen homes by our area’s finest builders will be on display from April 17 through May 2. The homes will be open […]
Home prices are down slightly but volume is up. Both lot and condo sales are up, a sign the correction is taking hold. Palm Coast, FL – April 16, 2010 – Activity within the Flagler County and Palm Coast real estate markets continues to indicate that we are transitioning out of the downturn. Generally, prices […]
Reorganization plan would wipe out equity holders stake. Disclosures hint of cause for actions against company’s parents, affiliates, officers, managers, directors, and professional advisers. Palm Coast, FL – April 14, 2010 – The Creditors Committee in the Crescent Resources LLC chapter 11 bankruptcy raises questions of impropriety regarding the complex transaction that created the Duke […]
Washington Mutual, with more than $300 billion in assets, was the nation’s largest thrift before it was seized by the government and sold to JPMorgan Chase & Co. in 2008. Palm Coast, FL – April 14, 2010 Posted April 13, 2010 on bailoutsleuth.com by RYAN HOLEYWELL Former risk officers at Washington Mutual Inc. testified today […]
The share of homeowners behind on their mortgages fell in the first quarter, the first drop in four years and a possible sign that the foreclosure crisis has peaked. Palm Coast, FL – April 14, 2010 By Stephanie Armour, USA TODAY The share of homeowners behind on their mortgages fell in the first quarter, the […]
The glut of vacant foreclosed homes has inspired con artists to concoct a new scam: posing as landlords to swindle prospective tenants out of rent and deposit money. Palm Coast, FL – April 13, 2010 Carolyn Said – San Francisco Chronicle staff writer April 11, 2010 – The glut of vacant foreclosed homes has inspired […]