Lake-Monroe Real Estate News
Wednesday Mar 11 | via The Orlando Sentinel
Seminole County 's "Facebooking" judge, Linda Schoonover, on Wednesday ratcheted up a notch her fight to keep from surrendering her Facebook records to a special prosecutor. She also asked to keep secret her medical records, including any information about prescriptions she's taking for mental illnesses. Comment?
Feb 27, 2015 | via Business Journal
IN THE CIRCUIT COURT OF THE EIGHTEENTH JUDICIAL CIRCUIT, IN AND FOR SEMINOLE COUNTY, FLORIDA CIVIL DIVISION CASE NO.: 2012CA004497 U.S. BANK NATIONAL ASSOCIATION, AS TRUSTEE FOR STRUCTURED ASSET INVESTMENT LOAN TRUST MORTGAGE PASS-THROUGH CERTIFICATES, SERIES 2006-3 Plaintiff, vs. DAVID ESLER, et a Defendants. Comment?
Feb 17, 2015 | via The Orlando Sentinel
Wells Fargo Bank racked up $57,000 in fines for code violations at a single-family home in Altamonte Springs, and now the bank wants a discount on its bill. The Wells Fargo home is an example of a large fine associated with a long-term foreclosure property. Comment?
Jan 27, 2015 | via The Orlando Sentinel
Two years ago, Seminole County launched a $1.4-million effort to help the homeless after a blistering report on "60 Minutes" showed needy children sleeping in trucks and families living week-to-week in run-down motels. On Tuesday, county commissioners learned that Seminole's Homeless Prevention Program has helped more than 100local families find a stable place to live, pay their utility bills and receive job training. Comment?
Dec 11, 2014 | via Florida Trend
Florida's job growth tumbled "significantly" in November, sliding more than 30 percent from the number of private sector jobs created in October, according to a report released Wednesday. Payroll processing company ADP estimated that Florida added 13,900 non-government jobs in November down from 20,500 a month earlier. Comment?
9 hrs ago | via Daily Kos
With climate change, insurance is soon to become unavailable in the market place. Insurance depends on small events not related to each other, quoting Wiki : Insurable losses are ideally independent and non-catastrophic, meaning that the losses do not happen all at once and individual losses are not severe enough to bankrupt the insurer; insurers may prefer to limit their exposure to a loss from a single event to some small portion of their capital base. Comment?
Tuesday | via Capital Soup
New research by Florida RealtorsA of the effect of polluted water on homeowner property values shows a potential decrease of nearly $1 billion in Lee and Martin Counties. This loss is attributable to polluted discharges from Lake Okeechobee into the Caloosahatchee and St. Lucie Rivers and estuaries, according to the study, which was supported in part by Everglades Foundation. Comment?
Tuesday | via Palm Beach Post
South Florida is taking runner-up for the highest home price increases in January, falling behind Denver, but still outpacing San Francisco, Dallas and Portland. According to the Standard & Poor's/Case-Shiller index released this morning for January, home prices in Palm Beach, Broward and Miami-Dade counties were up 8.3 percent compared to the same time in 2014. Comment?
Monday Mar 30 | via JD Supra
Marketable Record Title Act: right-of-way held by Florida Department of Transportation qualifies for right of way exception under MRTA and remainder of property held in fee by Florida Department of Transportation is also excluded Florida Department of Transportation v. Clipper Bay Investments, LLC , No. Comment?
Monday Mar 30 | via Inman Real Estate News
A former Florida Realtor could be facing prison time over his alleged role in a mortgage fraud conspiracy at a 390-unit condo complex that prosecutors say cost mortgage lenders more than $15 million. Joseph Pasquale, 38, a resident of Worcester, Massachusetts, is accused of helping developers convert a Tampa apartment complex into condominiums during the housing boom by enticing buyers with hefty cash payments that were concealed from mortgage lenders. Comment?
5 min ago | via Independent.ie
Or maybe it has just become untenable to have banks back making profits again when large numbers of their customers are being discriminated against over the mortgage rates they are being charged. The lenders have been getting away with charging large swathes of their customers vastly different mortgage rates to other home buyers. Comment?
20 min ago | via Reuters
The average purchase price for homes in 20 of Brazil's main metropolitan areas likely rose slower than inflation in March, a private survey showed on Thursday, underscoring how a sharp economic slowdown has chilled the real estate market. The FipeZap Price Index rose an average 5.34 percent in the 12 months through March. Comment?
26 min ago | via The Straits Times
Keppel Land's investment company is planning to sell its 50 per cent stake in Capital Square, a 16-storey building in Singapore's financial district, according to people familiar with the proposal. Keppel's Alpha Investment Partners will start to seek buyers for the approximately 340,000-square-foot property, said the people, who asked not to be identified because the information is private. Comment?
33 min ago | via Cape Cod Times
Reader question: My employer has just asked me to accept a different position that includes a nice pay raise. The new opportunities this represents career-wise are great, but because it involves a cross-country move, I am expecting this news will be unsettling to my family. Comment?
39 min ago | via Blown Mortgage Blog
Bi-weekly mortgage payments have a time and a place that they work well for consumers. In the past, this program was viewed as a scam because it was often a service that cost money. Comment?
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