A real estate agent in Southern California says she paid $250 for a three-bedroom, three-bathroom home that she says is now the home of her late husband’s family.The sale price, which was $1.7 million, was a little over half of the asking price, and the home is a luxury in a city that prides itself…
Month: October 2021
Real estate giant St Thomas real estate firm says it has received an £8m loan from HM Treasury
ST THOMAS REAL ESTATE COMPANY, a company founded by a former head of the British Embassy in Hong Kong, has received a £8 million loan from the Treasury.ST THOTHAS’ INFRASTRUCTURE DEVELOPMENT GROUP, based in Glasgow, has also received £5.8 million in a funding round led by BGC Capital. “We look forward to working with our…
Why you shouldn’t be scared of the ‘federal takeover’ of real estate in Spokane
The real estate industry is in the middle of a “federalization” in which Washington state has become the de facto central hub for the real estate market, the owner of a new real estate development company says.The Spokane Real Estate Board (SPREB) is a joint effort between SPREB and the Spokane Valley Chamber of Commerce,…
How to avoid a foreclosure lawsuit in Missouri
An attorney’s advice for getting rid of a foreclosure case: don’t do it.A lawyer who specializes in property-related litigation, James Hoch, says it’s important to be clear about the purpose of the lawsuit.You’re asking the court to find the property owner has a debt that is in default, and you’re trying to make a claim…
WA real estate agency finds $4 million in fraud scheme
WA realtor Ian Leckie is fighting a case that could see him lose his job.Key points:Real estate agent Ian Leccia was accused of falsifying his documents and illegally obtaining propertyThe agency said it was conducting an internal investigation and is now looking at legal optionsThe agency is now conducting an independent investigationThe Real Estate Institute…
Boone County real estate exam: Boone County Exam with Boone County Exam, Boone High School students
The Boone County College of Arts and Sciences (BCAS) announced Monday that it is offering an undergraduate degree in real estate at the University of North Carolina at Chapel Hill (UNC), a move that is a step toward reuniting the city of Charlotte with its original home.Boehner, a former governor of North Dakota, said he…
Why Palm Beach real estate is surging, but Florida still lags behind
Palm Beach is an attractive location for homebuyers.The median price for a one-bedroom apartment is $2,400.The county also has a thriving tourism industry and is a gateway to the U.S. Atlantic coast, with two major cruise ports and a major airport.Yet the number of properties that are selling at a premium for above-average prices is…
How to spot the fake condo ads on the side of the road
A real estate broker who says he’s been duped by condo ads that falsely claim to be a “real deal” is taking legal action.Bob Devereaux of the National Real Estate Association says he found ads in a series of Craigslist ads in the Washington, D.C., area for condos that were “in fact fake condos.”He says…
How much do you really know about Palm Beach County real estate?
Palm Beach (Fla.) real estate broker Michael O’Connell said he was surprised when he first learned that a decade-old study by a university was now claiming that some Palm Beach real estate transactions were being processed with a lower price tag than they should be.“I was surprised that that was actually happening,” O’Connor, who now…
How to save money on your mortgage and the real estate industry
The real estate market has changed a lot over the past year.It’s much harder to sell a house in Australia these days.But there are still some good deals out there.Here are the best real estate deals we can find, in order to help you make the most of your time in the market.