Archive for July, 2011

Oahu betters its U.S. foreclosure ranking

Constraints on Hawaii home foreclosures imposed by a new state law helped make Honolulu look better in a comparison of foreclosure troubles among 211 major metropolitan areas for the first half of the year.


Ax property taxes to ease homeowner-insurance pain – Orlando Sentinel

My property insurance once cost as much as the cable bill, then the YMCA membership, then the electric bill — and now it’s approaching the property-tax bill. Insuring a house in Florida soon could cost almost as much as the house itself. None of this …


Low Foreclosures in Community Land Trusts, Lincoln Institute Research Finds – YAHOO!

CAMBRIDGE, Mass., July 29, 2011 /PRNewswire-USNewswire/ — Despite unemployment rates and continuing home-financing problems, delinquent mortgages and foreclosures continue to decline in community land trusts , according to a paper published by the Lincoln …


Texas Allstate Agency Owners Aim to Hire 350 Sales Professionals by Year End – PR Newswire

IRVING, Texas , July 27, 2011 /PRNewswire/ — Allstate Insurance agency owners across Texas are planning to hire at least 350 licensed sales professionals by the end of the year. Licensed sales professionals play a pivotal role in driving business for …


Michael Mastro told California landlord he’d head to Seattle

Michael R. Mastro’s California landlord says Mastro told him that he and his wife, Linda, were returning to Seattle when they moved out of their rental house late last month.


Home Foreclosures Still Up in Las Vegas

Home foreclosures are dropping in major U.S. cities, but Las Vegas still leads the nation.


Making homeowners insurance affordable (editorial) – Everything Alabama Blog

HUNTSVILLE, Alabama _ Having good Insurance is like having a good attorney or a good physician. You never know how valuable that is until you need the help. As if the Gulf oil spill wasn’t enough to shake Alabama’s awareness about the need for quality …


Debunking popular real estate myths

Misconceptions include notions of a ‘perfect’ house; that length of time on the market means easier negotiating; that lowball bids are OK in a buyer’s market; that distressed property sales are easy and cheap options; and that prices will continue to fall in down markets. When it comes to real estate, all is not always [...]


Sold foreclosed homes sit empty longer – msnbc.com

In Cuyahoga County, homes that were sold after foreclosure have high vacancy rates two to five years after they are sold. A study by the Federal Reserve Bank of Cleveland found that foreclosed homes have much higher vacancy rates after auction than other homes.


But Who Pays Tax On Business Sale?

Sound like a silly question? The sale of a business is usually a big event in the owner’s life, financially, emotionally, and in other respects.  As I noted here, taxes are key to business sales, but who pays them?  Some business owners work for years, decades or even a lifetime and sell a business only [...]