Monthly Archives: May 2012

Notable Mergers and Acquisitions of the Day 05/14: (GOLF) (PETD) (CXO) (TIII

Notable Mergers and Acquisitions of the Day 05/14: (GOLF) (PETD) (CXO) (TIII
Approximately 65% of loans associated with the primary mortgage servicing rights (by unpaid principal balance) are owned, insured or guaranteed by Fannie Mae, Freddie Mac, or Ginnie Mae. Under the terms of this proposed investment, to the extent that …
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Median Home Sale Prices Continue Rising in Clawson This Spring, Report Shows

Median Home Sale Prices Continue Rising in Clawson This Spring, Report Shows
And many of those homes are selling at market price. "People are more comfortable with the economy," Phillips said. "And people are a little more willing to purchase the homes that they want." Phillips said foreclosed homes on the market have dropped …
Read more on Patch.com

Kings bring dominant playoff run back home
LAS VEGAS — The Clark County Commission relied on a 2005 state law when it designated Nevada Legal News at 930 S. Fourth St. downtown as the sole location for foreclosed property auctions in the county. TheMore>> The Clark County Commission relied on …
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Perfect time to be a first-time home buyer?
“That likely will trigger the additional price decline, since the National Association of Realtors says foreclosed houses sell at a 19% discount to other listings, and sizable sales of real estate owned by lenders drag down the entire market.
Read more on HLNtv.com

Property Tax Foreclosures Come In Record Numbers
Property tax foreclosures are setting records. This spring, 288 properties entered the tax foreclosure process. That's up nearly 300 percent from 2008, when 76 property owners went through the same process. Here's another change: This year, …
Read more on LoanSafe

Historic farm to be auctioned

Historic farm to be auctioned
John WF Hobbs became a successful Boston businessman in his own right and began investing in real estate. He developed a lucrative horse-drawn trolley business in Boston, eventually selling it to the city in the 1850s for the handsome price of $ 100000.
Read more on Seacoastonline.com

Reichel Realty's .8 Million Cash Transaction Keeps “Lights On” in WPB
by Reichel Realty & Investments Deerfield Beach, FL – May 16, 2012 – (RealEstateRama) — When building supply company Lainhart & Potter faced a bankruptcy court order to auction its properties in West Palm Beach and Jupiter, Reichel Realty …
Read more on RealEstateRama (press release)

Officials: Stolen guns, equipment sold on auction sites
Buice said it all began with a tip to the NCIS Carolinas Field Office aboard Lejeune that stolen government property was being sold on auction websites. The special agent-in-charge of NCIS Carolinas, Joe Kennedy, could not be reached for comment.
Read more on Jacksonville Daily News

World-Class Padua Stables Preparing Property, Potential Buyers for May 31 Auction
OCALA, FL, Apr 24, 2012 (MARKETWIRE via COMTEX) — Satish Sanan, the prominent owner and breeder of thoroughbred race horses, will sell his world-class Padua Stables at a real estate auction on May 31. Available in two properties or as an entirety, …
Read more on MarketWatch (press release)

CHS brings a strong message to Queens Park about visual fire alarms

CHS brings a strong message to Queens Park about visual fire alarms
This is in addition to the Government of Ontario's commitment to the Healthy Homes Renovation Tax Credit that will help seniors stay safer at home." "Steps need to be taken to ensure that Ontarians who are Deaf or have a loss of hearing are protected," …
Read more on Canada NewsWire (press release)

Banks Accused of Racial Bias on Foreclosed Homes

A Foreclosed Home soon to be auctioned
foreclosed homes
Image by sgroi

Banks Accused of Racial Bias on Foreclosed Homes
A coalition of fair housing groups say those conditions are present in hundreds of foreclosed homes around the country that have been taken over by banks – and they claim that the new owners are not treating all homes equally. The National Fair Housing …
Read more on The Fiscal Times