Entries by Toby Tobin

Reverse Mortgages Safer But Still Have Pitfalls

Now, such groups as AARP and Consumers Unions – publisher of Consumer Reports magazine – are saying that safeguards added in recent years to reverse mortgages have earned them qualified approvals. DETROIT – April 27, 2016 – Across the nation, a sticky subgroup of foreclosure cases involve reverse mortgages. These are loans usually taken out […]

Palm Harbor Pkwy Extension Open To Old Kings Rd

Sod and multi-use path work continue, but the road is open. PALM COAST, FL – March 27, 2016 – Palm Coast has completed the Palm Harbor Pkwy extension to Old Kings Road (marked with red in the photo below). I can now exit Tidelands, take a right then go straight to Interstate 95 at the […]

Flagler Beach A1A Sign Controversy: Setting the Record Straight

Flagler Beach commissioners want you to think that the Friends of A1A burst unannounced upon the city to install unwanted wayfinding signs. NOT SO!!! PALM COAST, FL – April 25, 2016 – In the misguided belief that there is no such thing as bad press, the Flagler Beach Commission magnifies its reputation by playing Keystone […]

New TSO Certification Means Aveo Flagler Ready for Manufacturing Phase

Aveo Engineering LLC can now look for a Flagler County location and staff to manufacture high-tech lighting products for the company’s worldwide aviation, marine, vehicle, mining and industrial market PALM COAST, FL – April 21, 2016 – Aveo Engineering LLC today announced that the company has received approval from the Atlanta Regional Aircraft Certification Office […]

U.S. Existing-Home Sales Spring Ahead in March

Existing-home sales in the South rose 2.7% to an annual rate of 2.25 million in March, and are 2.3% above March 2015. The median price in the South was $194,400, up 4.6% from a year ago. WASHINGTON – April 20, 2016 – Bolstered by big gains in the Northeast and Midwest, existing-home sales in the U.S. bounced back […]

HELOCs Are Back – But Are They Safe?

Significant increase in lenders offering HELOCs, with more than $156 billion in credit recently extended. HELOC lending is up 24 percent from 2014 and more than 200 percent from 2010. NEW YORK – April 19, 2016 – As home values steadily improve, more homeowners become comfortable with tapping into their home equity through a home […]

FHFA Announces Principal Reduction Program

FHFA says its new Principal Reduction Modification program is a one-time offer to certain seriously delinquent, underwater borrowers who are still struggling. WASHINGTON – April 19, 2016 – The Federal Housing Finance Agency (FHFA) announced that Fannie Mae and Freddie Mac would offer principal reduction to certain seriously delinquent, underwater borrowers who are still struggling […]

Tax Time a Reminder to Look Toward Florida

Florida is one of only a few states without a personal state income tax. This infographic shows that Florida is about more than sunshine and warm weather. PALM COAST, FL – April 13, 2016 – Florida is one of only a few states without a personal state income tax. This infographic shows that Florida is […]

Grand Haven Realty Expands Services and Geography with New Partnership

Jim Cullis and Lindsay Dolamore are teaming up to expand the residential real estate service beyond the gated community of Grand Haven and will be launching a new real estate company brand. Palm Coast, FL – April 13, 2016 – Grand Haven Realty announced today a new partnership between company president Jim Cullis and Lindsay Dolamore.  The two […]