Do I qualify? Why would I want one? What are the dangers? February 20, 2008 – Palm Coast, FL –Since the subprime loan sector is shut down, the mortgage industry is looking for new products to sell, products with less risk and with a broad appeal. With the baby boomer generation reaching retirement, the industry […]
If a tree (earnings) falls in the middle of the forest and the IRS isn’t there to hear it, is it still income? February 19, 2008 – Palm Coast, FL – The turbulent real estate market has opened a Pandora’s Box of issues for sellers, buyers, lenders, public officials, and regulatory agencies. Many of these […]
GoToby.com reader forwards Sam’s Club’s reply to his inquiry. February 18, 2008 – Palm Coast – Many people have heard (and hoped) that Wal-Mart was planning to convert the existing Wal-Mart SuperCenter on Cypress Point Pkwy to a Sam’s Club next year upon completion of the new SuperCenter on Old Kings Road. This persistent rumor was […]
While Volusia County talks about declining student enrollment and closing schools, Flagler County enrollment continues to grow. February 18, 2008 – Palm Coast, FL – Palm Coast and Flagler County statistics are often combined with those of Volusia County. But trends in one county do not necessarily mirror those in the other. While student enrollment […]
Palm Coast’s original vision depended on responsible development. So does its future. The golden egg does not come without a goose. February 14, 2008 – Palm Coast, FL – The media enjoys printing stories about crooked developers and how they prey on unwary consumers. And City Council, urged on by a vocal minority of CAVE […]
Palm Coast ranked third among small metropolitan areas, joined by two other Florida locations on top ten list in study published by Forbes. February 12, 2008 – Palm Coast, FL – A recent Forbes article listed the top ten large and small U.S. metropolitan areas ranked by projected growth in Gross Metropolitan Product (GMP). The […]
Building permits may be the indicator to watch for a turnaround. February 11, 2008 – Palm Cost, FL – It’s not east to figure out what’s going on in the real estate market. There are so many numbers and so many ways to look at them. And the numbers are not always accurate. […]
Bankrupt mortgage companies may stand in the way of documentation trail. February 11, 2008 – Palm Coast, FL – In early December, an Ohio judge threw out some foreclosure actions because the plaintiffs could not prove that they owned the note and mortgage underlying the foreclosure. I suggested then that this might be the tip […]
Council continues to feel a need to atone for the Centex resort fiasco. By doing this, they risk killing Palm Coast’s future. February 8, 2008 – Palm Coast, FL – At Tuesday night’s meeting, the Palm Coast City Council dealt with two different appeals to Planning & Land Development Regulation Board (PLDRB) decisions. In one […]
A bank-owned lot is reduced to $169,900 and another lot has a $99,000 short sale contract pending lender approval. February 5, 2008 – Palm Coast, FL – A few weeks ago, the news that a lot in Ginn’s Conservatory at Hammock Beach was listed for $99,000 shook up the market. Since, a lake/golf course lot […]