Apr 1st 2010 @ 10:00AM
Many struggling homeowners have to make tough choices about which bills to pay. If you live in a community with a homeowners association or own an apartment in a building with a condo association in Florida, you'd better pay those monthly fees -- or you could lose your house. Florida law puts a homeowners association on ... Continue Reading »
Mar 17th 2010 @ 11:45AM
Southern Florida has become the capital of bargain real estate. More than 56 percent of residential properties for resale in South Florida can be nabbed for less than $250,000, far less than prices a few years ago during the boom, according to a recent report by Condo Vultures LLC. For condos and townhouses, the deals are ... Continue Reading »
Mar 15th 2010 @ 1:30PM
As Florida continues to reel from foreclosures, some officials have had enough. Of Bank of America, that is. Last week, Broward County's Board of Commissioners barred the bank from participating as one of five co-managers in an upcoming municipal bond sale. The bond will raise $208 million to pay for the replacement of a ... Continue Reading »
Feb 23rd 2010 @ 1:00PM
The check's in the mail. The money promised to homeowners in Florida and 39 other states -- part of a 2008 settlement with a mortgage lender that came to symbolize the worst practices in the realm of subprime lending -- began to flow last week. Some 2,700 Florida residents who had lost their homes after Countrywide ... Continue Reading »
Feb 18th 2010 @ 3:36PM
In foreclosure-wracked Florida, there are tiny signs of life. The state's foreclosure rate dipped in January. Earlier this month, all eyes were on Miami when the Super Bowl XLIV came to town. And recently, the deep freeze in real estate lending seems to have thawed. An investor group buying a 63-unit condo project on ... Continue Reading »
