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Property Foreclosure News

Bradenton city officials order Bradenton Prep to vacate hotel classrooms Wednesday, September 8, 2010 @ 11:28PMBradenton's planning director Tim Polk says the hotel is violating the city's zoning ordinance. "It's kind of bizarre," says Polk. He adds, "The bottom line is they would need a special permit to make this happen."
Should You Buy a House Now? Wednesday, September 8, 2010 @ 10:59PMRecently, we have had a number of queries about real estate. And no wonder. For starters, real estate prices have come down. Plus, in an environment with next to zero interest rates, the idea of possibly picking up some income-producing property on the cheap holds a certain appeal to some.
Medical examiner says Heath died from head trauma Wednesday, September 8, 2010 @ 10:36PMJohn Heath and his wife Elizabeth Gough-Heath on her wedding day in 1978. Elizabeth disappeared in 1984. NEWTOWN -- The Office of the Chief State Medical Examiner has officially confirmed what the Newtown and state police have been saying all along: Elizabeth Gough Heath 's death was a homicide.
Upside-down mortgages get refinancing help in new Obama administration program Wednesday, September 8, 2010 @ 9:28PMWith more than half the homes in Inland Southern California worth less than their mortgages, the region could benefit from a federal refinancing program launched this week that aims to lower mortgages.
Orange Beach council agrees to swap firehouse property at The Wharf Wednesday, September 8, 2010 @ 9:10PMDoing so moves the acre pledged to the public by Birmingham-based AIG Baker Shopping Center Properties from land that Regions Bank plans to auction in a Monday foreclosure sale in Bay Minette to a section of The Wharf that is controlled by another lender.
MDOT authorizes curb cut for Macomb Township subdivision Wednesday, September 8, 2010 @ 9:10PMMacomb Township Supervisor Mark Grabow received official written authorization for a curb cut at Twin Rivers subdivision from the Michigan Department of Transportation, or MDOT, on Aug. 30.
Hilton operator broke, lender tells court Wednesday, September 8, 2010 @ 9:07PMShubh Hotels Pittsburgh LLC appears to have no money to continue running the former Pittsburgh Hilton Hotel, the mortgage lender for the Downtown landmark said Wednesday, urging a bankruptcy judge to allow a foreclosure.
Pittsburgh Hilton Owner Files For Chapter 11 Tuesday, September 7, 2010 @ 5:13PMEarly Tuesday, the owners of the one-time Pittsburgh Hilton filed for Chapter11 bankruptcy protection. "We filed at six o'clock this morning, electronically," says Frank Amedia, asset manager for Shubh Group, the hotel owner. "Only in America, and what that did was that annulled the state court hearing this morning."
Lilydale club considered for senior living, other apartments Tuesday, September 7, 2010 @ 5:02PMThe tennis club, closed since 2006, would become a complex with 170 combined units.
Whidbey land trust must raise $525K by Friday Tuesday, September 7, 2010 @ 3:02AMWHIDBEY ISLAND -- They prayed for the woods. They ate and drank beer for the woods. They ran through the woods and rode their horses there. Supporters of the effort by Whidbey Camano Land Trust to buy and preserve a 664-acre forest near Freeland did it all, said spokeswoman Petra Martin.
Vail Daily columnist: Richard Carnes: A few bright headlines don't change the grind Tuesday, September 7, 2010 @ 1:11AMFostering the proud Bavarian tradition of an Irish rock n' roll cover band to celebrate Oktoberfest seems so appropriate to me. With proper apologies to Helmut Fricker, nothing screams "Oompah!!" more than "Sunday, Bloody Sunday." Admittedly though, the pretend U2 band in Beaver Creek last weekend was extremely entertaining, and with enough Bavarian Boogie Juice (those were huge mugs) and your ...
Business briefs, 9/3/10 Tuesday, September 7, 2010 @ 12:27AMMaricopa Chamber of Commerce announces new executive assistant
American Express making plans to hide in plain sight Monday, September 6, 2010 @ 11:00PMAmerican Express has shrouded its major data-center project in secrecy from the moment that economic developers said in May that Guilford County had landed the $600 million project.
Church Helps Mother With Eleven Children Monday, September 6, 2010 @ 10:17PMCall it divine intervention or maybe even a God wink. As for Kristin Bothur and her 11 children, well, they call it a miracle. Kristin Bothur says trouble hit the large family right after... Family - Miracle - God - Philanthropy - Child Welfare
Watch out for foreclosure rescue scam red flags Monday, September 6, 2010 @ 9:42PMIn June, the Financial Crimes Enforcement Network of the U.S. Department of the Treasury released its first analysis of suspicious activity reports containing information about potential foreclosure rescue scams. In addition to the increase in reported activity, the analysis showed the nature of foreclosure rescue scams shifted during the period examined and alerts financially troubled ...
Belle Terre opening Friday under new management Sunday, September 5, 2010 @ 9:48AML’Observateur LAPLACE – Two weeks after completely shutting down its golf operations amid a cloud of bankruptcy, officials at Belle Terre Golf and Country Club said Tuesday the course will reopen for public use Friday.
Asheville's historic Richmond Hill Inn set to lose tax exemption Sunday, September 5, 2010 @ 9:10AMASHEVILLE — A 19th century inn rescued by preservationists and renovated for $3 million is set to lose its landmark status after being destroyed in a fire.
Clean up or pay up â Streator putting hammer down on abandoned properties Saturday, August 28, 2010 @ 2:35AMTHE TOPIC: The estimated 75 abandoned and neglected properties in Streator. WHAT HAPPENED? The city of Streator amended its maintenance code for abandoned or neglected properties. With new code enforcement, the city enacted a $200 annual fee to owners
Indigo Lakes owner retains property Saturday, August 28, 2010 @ 1:36AMIndigo Lakes Golf Club and RBC Bank have reached a confidential agreement to dismiss the bank's foreclosure efforts, club owner Ken Brown said.
Developer's use of Sacramento railyard loans raises eyebrows Saturday, August 28, 2010 @ 1:26AMIn early 2007, with the economy still buoyant, a billionaire developer from Georgia and a well-heeled investment firm from Illinois saw gold in downtown Sacramento's dilapidated railyard.
Liens on Rally Site Saturday, August 28, 2010 @ 12:25AMContractors file more than a million dollars worth of liens on the site of a summer music festival outside Roberts.
City Looking To Demolish Dilapidated Homes Saturday, August 28, 2010 @ 12:21AMIn a far-reaching attempt to fix America, the federal government has used the Cash for Clunkers program to buy cars not performing to high fuel mileage, a recent cash for appliances not performing to energy standards, and now the offer is for homes that negatively impact the quality of life in neighborhoods.
All News Friday, August 27, 2010 @ 11:32PMSARATOGA SPRINGS, N.Y. - Jim Dandy runner-up Miner’s Reserve will run in Saturday’s $1 million Travers Stakes, owner Robert LaPenta confirmed Friday afternoon. LaPenta will also be represented in the Travers by Florida Derby winner Ice ...
Indian Mills Historical Society mulls museum purchase Thursday, August 19, 2010 @ 10:59AMSHAMONG—The Indian Mills Historical Society is actively involved in securing funds to purchase what is known as Red Men’s Hall. The property is currently a residence at the corner of Willow Grove and Stokes roads. The Indian Mills Historical Society currently does not have a physical location to display its historical artifact collection except in the Shamong municipal building where it meets ...
Developer Bob Matthews ordered to pay $2 million Thursday, August 19, 2010 @ 10:55AMPoint Breeze developer Bob Matthews has been ordered to pay more than $2 million to three subcontractors who worked on his failed Easton Street resort project in what is likely the largest monetary judgment in Nantucket Superior Court history.
Couple find a bureaucratic nightmare, bigger debt load when they seek HAMP's help Thursday, August 19, 2010 @ 10:26AMAug. 19--ANGIE AND Kevin Burke turned to a federally sponsored mortgage refinancing program to help them recover from their recession-caused financial nose dive.
FCB Homes sees opportunity in 24 foreclosed lots in Modesto Thursday, August 19, 2010 @ 10:26AMAug. 19--After two years of virtual silence, construction sounds reverberated through Modesto's Village I neighborhoods this week.
Philly housing director on leave amid foreclosure Thursday, August 19, 2010 @ 9:47AM(AP:PHILADELPHIA) The director of the Philadelphia Housing Authority is taking several weeks leave of his $350,000-a-year job amid a threatened foreclosure on his luxury home.
Dalton Apartment Residents Will Be Forced To Move Thursday, August 19, 2010 @ 9:39AMSeveral families in Whitfield County will soon be without a home. Their apartment's power has been shut off, and a foreclosure notice is on the way. 16 families live at the apartment complex on Maddox Chapel Road, but they’ll soon be forced to move out.
Real Estate News: Mortgage Refinancings Soar Thursday, August 19, 2010 @ 9:33AMHere is a look at real-estate news in today's WSJ:
Bank of America Sues to Prevent Stuytown Foreclosure Thursday, August 19, 2010 @ 9:21AMNEW YORK – Bank of America Corp. and U.S. Bancorp sued to block an entity seeking to foreclose on the equity interests of the owner of Manhattan’s Stuyvesant Town and Peter Cooper Village apartment complex.
Base Village faces foreclosure Wednesday, August 18, 2010 @ 9:00PMSNOWMASS VILLAGE – The Base Village in Snowmass faces the threat of foreclosure after lenders filed court papers Thursday to take control of the property.
Base Village goes into receivership Wednesday, August 18, 2010 @ 8:59PMASPEN – District Judge Gail Nichols on Friday put the Base Village at Snowmass project into receivership as part of a court action spurred by four lenders.
Former Steeler's Mansion Listed For Sheriff's Sale Wednesday, August 18, 2010 @ 8:38PMA Shadyside mansion owned by former Steeler Chukky Okobi is listed for sheriff's sale. The Mansion at Maple Heights is a bed and breakfast owned by Okobi since 2007.
Philly Housing Director On Leave Amid Foreclosure Wednesday, August 18, 2010 @ 8:13PMThe director of the Philadelphia Housing Authority is taking several weeks leave of his $350,000-a-year job amid a threatened foreclosure on his luxury home.
Valley apartment rents hit six-year low Wednesday, August 18, 2010 @ 7:59PMLocal apartment rents sank to a six-year low during the second quarter, Las Vegas-based business advisory firm Applied Analysis said. The market was hurt by cheap single-family housing and job losses that attracted fewer newcomers to Southern Nevada.
Neighbors Transform Blighted Property Wednesday, August 18, 2010 @ 7:48PMA group of neighbors galvanize... and transform a blighted property on their block.
PRINCETON: Explaining the revaluation process Tuesday, August 17, 2010 @ 6:51AMThe revaluation process, according to a tax assessor:
Special Report - Flipping, flopping and booming mortgage fraud Tuesday, August 17, 2010 @ 6:46AMBy Nick Carey
Special report: Flipping, flopping and booming mortgage fraud Tuesday, August 17, 2010 @ 6:42AMCHICAGO (Reuters) - The house on the 53rd block of South Wood Street in Chicago's Back of the Yards doesn't look like a $355,000 home. There is no front door and most of the windows are boarded up.
Special Report - Flipping flopping and booming mortgage fraud Tuesday, August 17, 2010 @ 6:26AMThe house on the 53rd block of South Wood Street in Chicago's Back of the Yards doesn't look like a $355000 (227200 pounds) home.
Old Stage 3 theater property to be auctioned off today Tuesday, August 17, 2010 @ 6:07AMThe old Stage 3 theater property — with its partially built steel and concrete structure that some refer to as the “Main Street climbing wall” — will be sold at auction today to the highest bidder. read more
Toxic chinese drywall has ripple effect in real estate market for home buyers and sellers Tuesday, August 17, 2010 @ 5:53AMToxic material poses a challenge to sellers, buyers — At first glance, it might seem like a good deal, a spacious townhome in Denbigh, 2,200 square feet with three bedrooms and three bathrooms for $217,950.
Summerhill subdivision may enter foreclosure Tuesday, August 17, 2010 @ 5:43AMOn paper, the upscale Summerhill subdivision in northeast Ocala looked like a good deal during early 2006.
Second arrest made in stripping of home Tuesday, August 17, 2010 @ 5:31AMA second person has been arrested on charges of criminal mischief and theft of property in connection with stripping a home before foreclosure.
Midsummer musings Tuesday, August 17, 2010 @ 5:28AMA nice windfall for Hagerstown Community College; A kinder, gentler crowd; A sign of the times; Plugging that leak
Editorial: Keeping City of Homes worthy of its reputation Sunday, August 15, 2010 @ 12:07AMThe best and the worst of city life were on display in Springfield last week.
County land bank works to redevelop properties Saturday, August 14, 2010 @ 11:30PMMARQUETTE - The Marquette County Land Bank Authority is working to turn tax foreclosed properties into positive housing development projects throughout the local area.
News by location Saturday, August 14, 2010 @ 11:23PMGet local and national news updates via E-mail. "Welcome to my dream," Melvin Henderson said the day that Docks at the Capitol opened on Hay Street. It was, in almost every way, big.
Developer's Money Woes Evident in Foreclosure Sale Saturday, August 14, 2010 @ 10:25PMBARTOW | An anchor building in downtown Bartow is going on the auction block Tuesday in a foreclosure sale, reflecting the financial nightmare plaguing Lakeland developer Jose Reynoso.