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Statler Industries: A good firm that went bust Sunday, July 17, 2011 @ 1:00AMA Statler mill job was once the best in all of Augusta, Maine.
Secondary Sources: Basic Needs, China Bubble, Home Prices and Foreclosures Friday, July 15, 2011 @ 7:49AMA roundup of economic news from around the Web.
State's 344 foreclosures in June lowest since January 2009 Thursday, July 14, 2011 @ 6:46AMEffects of Hawaii's new foreclosure law severely curtailed activity against delinquent borrowers in June.
Resident asks for ethics inquiry Thursday, July 14, 2011 @ 12:32AMA Brockton property owner has asked the state Ethics Commission to investigate City Councilor at Large Thomas Brophy, contending that his participation in discussions to resolve the city’s roiling water-billing fiasco is a conflict of interest since his brother, Treasurer/Collector Martin Brophy, sends out the utility bills, takes payments, and puts liens on properties that aren’t paid up.
Reader Survey: CRE Recovery Made Moribund by Indecisiveness Wednesday, July 13, 2011 @ 1:49PMIf anything has been predictable about the 2011 commercial real estate market recovery, it's that it has been unpredictable. For a year that began with much promise following the increased leasing activity, thawing capital flow and widening investor interest that characterized the second half of last year, the momentum in the market seems to have flattened out. This has been more baffling than ...
American Land Title Association President Testifies during Congressional Hearing that More Transparency is Needed in ... Wednesday, July 13, 2011 @ 1:10PMWASHINGTON--(BUSINESS WIRE)--ALTA President Anne Anastasi said disclosures should include accurate itemized estimates of costs allowing consumers to receive a complete view of their transaction and make informed decisions.
Court: No special zoning rules for churches Wednesday, July 13, 2011 @ 12:48AMPHOENIX -- Cities cannot impose zoning requirements on churches and other religious organizations that do not apply to others, a federal appeals court ruled Tuesday.
Sponsored By: Wednesday, July 13, 2011 @ 12:23AMNOTICE OF PUBLIC HEARING CITY COMMISSION CITY OF FERNANDINA BEACH NOTICE IS HEREBY GIVEN that a Public Hearing is scheduled for Tuesday, July 19, 2011 at 6:00 PM in the City Commission Chambers, 204 Ash Street Fernandina Beach, Florida to consider the following application: ORDINANCE 2011-13 AN ORDINANCE OF THE CITY COMMISSION OF THE CITY OF FERNANDINA BEACH, FLORIDA, AMENDING SUBSECTION 42-173 ...
Appeals court finds for church in case vs. city of Yuma Tuesday, July 12, 2011 @ 8:50PMIn a case brought by a Yuma church, a federal appeals court ruled Tuesday that cities cannot impose zoning requirements on churches and other religious organizations that do not apply to others.
VeriTrust Welcomes Community Service Leader Monday, July 11, 2011 @ 2:14PMVeriTrust, LLC, an advocate for homeowners facing possible foreclosure, announced today that Daron Bolat has joined the company, bringing legal and community service expertise to the team helping homeowners threatened by foreclosure. Bolat, who is Vice Chairman of the City of Rockville Md Human Rights Commission, has an extensive background in service to communities and individuals in need. At...
Bay County's vacant homes increase 40 percent in past decade Monday, July 11, 2011 @ 10:52AMThe county still remains well below the state's average of one in seven homes vacant, according to 2010 U.S. Census data.
A year of turmoil, stumbles for Trenton's mayor Saturday, July 9, 2011 @ 11:12PMTRENTON (AP) — As the first new mayor of New Jersey's impoverished capital city in two decades, Tony Mack had his work cut out for him.
A year of turmoil, stumbles for NJ capital's mayor Saturday, July 9, 2011 @ 2:12PMAs the first new mayor of New Jersey's impoverished capital city in two decades, Tony Mack had his work cut out for him. The once-booming industrial town of Trenton is today known more for its troubles - high taxes, crime, poverty and low-performing schools - than its attributes and rich history.
Ashby takes two land parcels for unpaid taxes Saturday, July 9, 2011 @ 5:46AMASHBY -- Two vacant land parcels were taken as tax title by Ashby Tax Collector Beth Ann Scheid on Friday for non-payment of taxes on the property.
CL homeowner stuck with costly repair Thursday, July 7, 2011 @ 10:57PMCRYSTAL LAKE – A Crystal Lake woman facing a $17,500 sewer repair bill probably won’t get any financial help from the city.
Clark Entities Sell Sites in Lieu of Foreclosure Thursday, July 7, 2011 @ 3:58PMAtlanta-based CRM Central Properties LLC has bought properties in lieu of foreclosure from Memphis real estate developers G. Benjamin Clark and Nichol...
Proposed Ocean Concrete plant property sold at foreclosure sale Thursday, July 7, 2011 @ 11:25AMINDIAN RIVER COUNTY — County planners may no longer have to wrestle with the 8-year-old thorny question of whether a planned 143,000-square-foot concrete batch plant could operate on 8.6 light-industrial acres near Sebastian, or whether recent residential development makes it incompatible with the neighborhood.
Stupid (California) Guaranty Tricks Thursday, July 7, 2011 @ 5:22AMIt’s interesting how badly guaranties can get screwed up in California commercial real estate loans. You wouldn’t think it would be that hard: the basic idea of a guaranty is fairly simple, and, after all, lots of loan documents started with forms written by reasonably competent lawyers.
Shooting victim: "I am in no way afraid of (my husband)." Wednesday, July 6, 2011 @ 5:03PMInvestigators continue to determine what happened between Jeffery Moretz and his estranged wife Christine, culminating in Jeffery Moretz shooting and killing Christine Moretz at Physicians Regional-Pine Ridge Tuesday night.
Legals July 6, 2011 Wednesday, July 6, 2011 @ 10:44AMHUD Ln# 1212258026 TS#11-11803-21 NOTICE OF DEFAULT AND FORECLOSURE SALE WHEREAS, on 06/23/2005, a certain (Deed of Trust) was executed by Donald B. Wiley, as Trustor, in favor of Wells Fargo Bank, N.A., as beneficiary, and LandAmerica Lawyers Title, as Trustee and was recorded on Recorded on 06/28/2005 as Instrument No. 1960287, in the office of the Kootenai County, Idaho Recorder, and WHEREAS ...
Courts award $400,000 for botched renovation by condo president Tuesday, July 5, 2011 @ 5:33PMA Boca Raton condo owner has won a $400,000 court judgment against an unlicensed contractor who allegedly falsified invoices and violated the terms of his contract by charging triple what he was paying his subcontractors.
State rules impact foreclosures Monday, July 4, 2011 @ 5:00AMEach state has different rules for processing foreclosures. Here are the different types.
Mayoral Quasi-Candidate Marshall Home Arrested for Bankruptcy Fraud Friday, July 1, 2011 @ 6:54PMLooks like Marshall Home won't have much to celebrate on Independence Day weekend. Home, who kind of ran for mayor for a few weeks, has found himself under arrest by federal authorities thanks to his quasi-legal mumbo jumbo—in particular, his effort to place the United States into bankruptcy and claim $3 billion.… [ Read more ] [ Subscribe to the comments on this story ]
Spain to help struggling mortgage holders Friday, July 1, 2011 @ 1:20PMSpain's First Vice President and Minister of Interior Alfredo Perez Rubalcaba gestures gives a press conference in Madrid on June 30. Spain's government approved measures to help the soaring number ...
Market big for foreclosed, rundown Detroit homes Friday, July 1, 2011 @ 5:41AMIn just months, BenjiGates Estates has become one of the most prolific house flippers in Detroit, buying a record 460 homes at the county tax auction using $386,000 from longtime Detroit landlord Ernest Karr.
Letters to the Editor: July 1, 2011 Thursday, June 30, 2011 @ 5:00PMHere are letters to the editor from recent editions of the Daily News
Is there a rule for minutes retention? Thursday, June 30, 2011 @ 10:49AMFS 718.111 says that minutes are part of the official records and must be retained in a book for seven years. This may or may not include your notes and the tapes. Some boards want the tapes to be retained as a record. If your board has not established a policy, ask it to approve a policy not to retain the tapes and notes. I suggest that the tapes be destroyed, as they have little or no value ...
Changing Chatham: Next generation fights for the future Tuesday, June 28, 2011 @ 2:14AMThe crowd gathered at Cole Park in Chatham wasn’t much larger than the group of young men who were shooting hoops. Named after Nat King Cole, the park at 85th and King Drive is surrounded by many of the eye-catching homes built by black people in Chatham in the late ’50s. On this chilly and wet Sunday afternoon, people had come together there for a peace rally prompted by a gang shooting nearby ...
Cruelty cases can be sad surprises Monday, June 27, 2011 @ 12:27AMNext week: A look at the group Maumee Valley Save-A-Pet.
Blossom Hill project may have a buyer in John Jacobi Friday, June 24, 2011 @ 3:43PMJohn Jacobi, the founder of Windermere Real Estate, has signed a 30-day due diligence contract with Whidbey Island Bank to explore the potential purchase of the unfinished Blossom Hill development in Lynwood Center. The goal is to evaluate the prospects and determine the resources needed to complete the 16-acre project.
Matt Stoller: Who Wants Keep the War on Drugs Going AND Put You in Debtor’s Prison? Thursday, June 23, 2011 @ 11:21PMMatt Stoller is a current fellow at the Roosevelt Institute. His Twitter feed is @matthewstoller. More than a third of all states allow debtors “who can’t or won’t pay their debts” to be jailed. In 2010, according to the Wall Street Journal, judges have issued 5,000 such warrants. What is behind the increased pressure to [...]
Around the capitol Thursday, June 23, 2011 @ 6:58PMState Sen. Hoon-Yung Hopgood (D–Taylor) said he was pleased that the Senate Economic Development Committee has begun hearings on the New International Trade Crossing proposal and the authorizing legislation, Senate Bills 410 and 411, which would allow the state to enter into a public-private agreement to build the project.
4 From MN, WI Charged in Mortgage Scheme Wednesday, June 22, 2011 @ 7:28PMFour people from Minnesota and Wisconsin face racketeering charges in a multimillion-dollar mortgage fraud scheme that authorities said involved extensive and intricate false documents, including fake college transcripts, phony divorce decrees and the forged signatures of Minnesota judges.
4 Charged In ‘Sophisticated’ Mortgage Fraud Scheme Wednesday, June 22, 2011 @ 12:35PMAuthorities in Hennepin County are announcing charges in what they are calling a "sophisticated mortgage fraud scheme."
Homesteaders owe more than $1.6 million in deliquent taxes Wednesday, June 22, 2011 @ 4:49AMBY JASON ARMSTRONG | STEPHENS MEDIA HILO -- Native Hawaiian homesteaders owe more than $1.6 million in back property taxes, penalties and interest that Hawaii County needs but is virtually powerless to collect. Private landowners who don't pay taxes for three consecutive years risk losing their properties at a foreclosure auction like the one the county held June 8.
Oakland County sues Fannie Mae, Freddie Mac, claiming both owe real estate transfer tax money Monday, June 20, 2011 @ 5:00PMOakland County and its treasurer claim that the Federal National Mortgage Association and the Federal Home Loan Mortgage Corp.
Is your community association ready for new laws? Saturday, June 18, 2011 @ 4:02PMTwo new laws adopted during the 2011 session of the Utah Legislature will become effective on July 1, and condominium associations and HOAs who are unprepared could face unfortunate consequences.
How to Spot Bad Neighbors When Buying a House Friday, June 17, 2011 @ 1:00PMIt might sound extreme, but buyers should investigate their neighbors before making an offer.
City Council debates fireworks usage within city limits Thursday, June 16, 2011 @ 6:01AMAlthough it wasn’t on the agenda, the Maumelle City Council spent more time Monday night debating whether to continue allowing fireworks within the city of Maumelle than anything else.
Massive housing development approved for south Oxnard Wednesday, June 15, 2011 @ 11:12AMA divisive housing project that would construct up to 1,500 homes on more than 300 acres of active farmland in south Oxnard won slim approval early Wednesday.
Real Estate Commission accuses auctioneer, former mayor of violations Monday, June 13, 2011 @ 9:16PMThe South Dakota Real Estate Commission is accusing auctioneer Martin Jurisch of unprofessional conduct just a year after he settled to avoid an investigation in a similar case.
City Council debates fireworks usage within city limits Thursday, June 9, 2011 @ 5:00AMAlthough it wasn’t on the agenda, the Maumelle City Council spent more time Monday night debating whether to continue allowing fireworks within the city of Maumelle than anything else.
Foreclosed Homeowners may still owe cash to banks Monday, June 6, 2011 @ 3:51PMSOUTHWEST, Fla.-- Floridians who walked away from their homes hoping also to walk away from their debt may still be on the hook for what they owe. Bankruptcy attorneys say they're seeing more and more banks filing for something called a deficiency judgement.
When the Seller Is the Lender - Mortgages Thursday, June 2, 2011 @ 4:49AMOwner-financed deals can provide sellers with interest income while helping buyers unable to secure a convention bank loan.
Housing crisis brings repo men into more upscale territory Wednesday, June 1, 2011 @ 10:20PMBrian Turley pulled a tow truck into a Reno supermarket parking lot, leaped out of his cab, hooked a silver SUV to the tow arm and lifted its wheels off the asphalt.
MERS foreclosure amendment dies in Oregon House committee Wednesday, June 1, 2011 @ 3:59PM"I probably got more emails about this than anything all session," committee co-chair Jeff Barker said.
Four Oregon Department of Energy employees cleared of wrongdoing, get jobs back Wednesday, June 1, 2011 @ 2:24PMThe Oregon Department of Administrative Services announced Wednesday that an "exhaustive investigation by an independent legal counsel has cleared four state employees of any wrongdoing."
Columbia Readers Love Amazon Wednesday, June 1, 2011 @ 7:50AMThere are lots of people in the Midlands who have conflicted feelings about Amazon, especially as to relates to giving the company a sales tax exemption . However, when it comes to ordering books and magazines, there’s nothing but love for Amazon coming from local residents.
New opportunities for New Urbanism? Wednesday, June 1, 2011 @ 5:03AMFor decades, devotees of New Urbanism have railed against urban sprawl and all that goes with it: 2-acre housing lots, cul-de-sacs, gas-guzzling SUVs and neighbors who glimpse each other only when the garage door goes up or down.
KFHR report on Saudi Arabia Wednesday, June 1, 2011 @ 4:51AMReal estate prices seen up on spending, new laws A report prepared by "KFHR" Kuwait Finance House Research Ltd. disclosed expectations about further increase in real estate prices in Saudi Arabia, especially residential and office real estate properties during the upcoming period.