Piedmont Real Estate News
Friday May 8 | via Salt Lake Tribune
In a spectacular failure, a Florida company is foreclosing on Utah-based MonaVie Inc. after the marketer of nutritional fruit juice and personal care products defaulted on a $182 million note. But a South Dakota Bank has gone to court to seek a halt to the foreclosure while it sorts out what happened to the once high-flying company. Comment?
Oct 10, 2014 | via Politico
Larry Pressler, who is running for Senate in South Dakota as an independent, has his principal residence in Washington, according to District of Columbia tax records. Pressler, who served as a Republican in Congress from 1975 to 1997, and his wife receive the homestead deduction, a generous tax break meant for people who use their D.C. home as their "principal residence," according to the D.C. Office of Tax and Revenue. Comment?
7 min ago | via Sinn Fein Newsroom
Sinn FA in Finance Spokesperson Pearse Doherty TD has said the mortgage rate issue won't go away without firmer action by government and the Central Bank. Deputy Doherty has submitted to the Ceann Comhairle legislation to empower the Central Bank to set a maximum standard variable rate for those banks that were covered by the bank guarantee. Comment?
9 min ago | via Seeking Alpha
APTS acquired the asset through a wholly-owned subsidiary and financed the deal with a $30.8M mortgage maturing in 2022, and bearing an interest rate of 3.55%. Comment?
19 min ago | via Lowell Sun
Putting your home on the market is one of the hardest things to do. Letting go and purging items lived with over the years can be difficult. Comment?
21 min ago | via Seeking Alpha
If we have learned anything in the past 20 years of massive asset bubbles and equally massive declines when the bubbles finally pop, it's this : those caught up in the expansionary phase of the bubble cannot believe the bubble that's rewarding them so richly could actually burst. This psychology of mass delusion now dominates housing, stocks and bonds: not only is this not a bubble, the expansion will continue forever. Comment?
28 min ago | via GantDaily.com
No, we're not talking about regular people's homes. The biggest gains have come from so-called real estate investment trusts - REITs for short. Comment?
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