Real Estate Foreclosure Blog
The condominiums in Miami carry a hefty price tag of $1.3 million to $7 million. But they surely ooze opulence what with Italian style cabinets, pool decks and fridges stacked with wine. All the 200 of them offer a dramatic view of the ocean. The condominiums have been developed by the high-profile consultants Jorge Perez [...]
Citigroup like all the other important banks in USA have lobbyists to keep their raft afloat in Washington. For bankers continuously dealing with numbers, Washington seems too complex to handle single handedly. There is a network of rules and regulations, of regulators and agencies all resting on the sold harsh reality of politics. Washington confuses [...]
It is there for all to see – new construction developments have been devastated in the last ten years. Should the blame fall squarely on the developers? What are the risks involved for taking a loan to buy a property in one such unfinished site? These questions are interlinked and need to be addressed. A [...]
In the beginning of the current year, a young salesperson residing in Scottsdale in Arizona, disciplined himself – did without costly meals and vacations. Instead he put every dollar he could spare into the stock market. The worth of his portfolio has gone up three times since the market began to turn around in March. [...]
The crisis struck. The woes remain but life has to go on. Nathaniel Lieberman is now changing the colours of his hotel real estate business to adapt to the changing scenario. Lieberman had fantastic plans for his 12 storey condo hotel sporting pools and all other facilities on Hollywood beach in Southern Florida. However he [...]
The American economy is on a downswing. Many regions in the US are riddled with foreclosed homes. Some of these homes are in a state of disrepair. Their values have plunged. The Marshals Service is revamping some of these homes and helping generate interest about these properties. A case in point is the home of [...]
This year dark clouds are hanging over the commercial real estate of the market Sales have fallen by 90% since the peak days of 2007. Few investors with pockets stuffed with cash see this as an opportunity for investing. During the boom times the market was dominated by inflated appraisals and a heavy dependency on [...]
Real Estate Foreclosure Blog