Entries by Toby Tobin

Further Clarification of New Fed Short Sale Rule

Title Company owner gets many calls about Fed short sale and deed-in-lieu of foreclosure rules – hopes to clarify. Palm Coast, FL – March 5, 2010 – I’ve received several phone calls about a new Government program that goes into effect April 5, 2010. The following are the highlights of this new Government program. The […]

California Warns Homeowners Against Foreclosure Audit Scam

It’s another way to get homeowners in distress to pay for services that ultimately aren’t helping or providing the relief they need. Palm Coast, FL – March 4, 2010 – California’s Attorney General issues a warning to homeowners about the growing foreclosure audit gambit (AKA forensic audits or loan audits). California often leads the nation in […]

Pending Home Sales Down; Severe Weather Impacting Market

Pending home sales are down and additional declines are expected from abnormal weather conditions, according to the National Association of Realtors®. Washington , March 04, 2010 –  Pending home sales are down and additional declines are expected from abnormal weather conditions, according to the National Association of Realtors®. The Pending Home Sales Index,* a forward-looking indicator […]

Florida Expected to Start Adding Residents Again After Population Decline

University of Florida Bureau of Economic and Business Research report predicts Flagler second in population growth among Florida counties over next 25 years. Palm Coast, FL – March 3, 2010 – A University of Florida Bureau of Economic and Business Research report on population growth issued yesterday predicts, "In terms of percentage increases, the biggest […]

Sawgrass Resort Linked to Tiger Woods Apology Files Bankruptcy

Owners of Florida’s Sawgrass Marriott Resort, the site of the U.S. PGA Tour’s Tournament Players Championship, sought bankruptcy protection from creditors including Goldman Sachs Group Inc. Palm Coast, FL – March 2, 2010 By Dawn McCarty and Dara Doyle – Bloomberg.com/BusinessWeek March 2 (Bloomberg) — The owners of Florida’s Sawgrass Marriott Resort, the site of […]

Creditors: No bonuses at Crescent Resources

Crescent Resources, parent of Palm Coast’s second largest real estate developer, wants bankruptcy court to OK incentives; creditors object. Palm Coast, FL – March 2, 2010 – The parent of LandMar Group, Palm Coast, Florida’s second largest real estate developer has asked for the approval of $4 million for employee bonuses while under bankruptcy protection. […]

Toby Asks for Your Help

Our eight year old granddaughter suffers from chronic Cystic Fibrosis. A cure is her only long-term hope. You can help her and others. PLEASE READ THIS STORY. Palm Coast, FL – March 1, 2010 – Cystic Fibrosis (CF) is a genetic condition affecting, to varying degrees, lungs (breathing) and /or the pancreas (digestion). Our eight-year […]

Slow Recovery May Be Leading to Serious Housing Shortages

Today�s extremely low levels of new residential production could lead to significant housing shortages as household formation rates return to normal. Palm Coast, FL – March 1, 2010 – Nation’s Building News, the official on-line weekly newspaper of the National Home Builders Association (NHBA) indicates that a housing shortage may be arriving soon. The reason; […]