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Florida Mortgage & Real Estate | Developers heading In and Out
While the real estate market is definitely in a bad place in Florida, many big, national banks and big, national builders are feeling the pinch…. some are even hitting the bricks - figuratively speaking.
With announcements that Hollywood Florida based TOUSA and Fort Lauderdale Florida based Levitt & Sons are filing bankruptsy, and that Levitt ceased all construction due to massive debt… it would seem that we’ve seen the end of development in Florida until we absorb what we already have… but that may not necessarily be so!
Boynton Beach Florida | Sushi Super Star - Taisho
So you’re a sushi aficionado and you’re looking for a nice low-key place to get your fix in Boynton Beach Florida?
Taisho Sushi at the SW Corner of Congress Avenue and Gateway Boulevard is the place to find a great cut of fish served right. They also offer an “All-You-Can-Eat” option which actually enhances their ability to offer fresh and quality ingredients.
Florida Mortgage | Compliance & Ethics - A Major Title Company loses a battle
Another sign that the State of Florida’s Department of Financial Services is looking to clean up the industry was announced in the Palm Beach Post Saturday (November 17, 2007)… link to article
First American Title Company, the nation’s largest Title Insurance Service Provider, agreed to pay fines of $5Million for setting up 87 “sham” title insurance agencies in Real Estate and Mortgage offices throughout the state. These “agencies” would then pass fees onto the limited partners, a.k.a. the Realtors and Mortgage Brokers - which the State of Florida views as a kickback.
Florida Mortgage & Real Estate | Opportunity Costs 101
Can a very fundamental notion within Modern Economic theory help you make a decision whether to make a move or not in this current Florida Real Estate Market downturn?
There is no doubt that if you’re living in it or renting it out, you want to be sure you’re making a wise financial decision (note I did not say investment!)… but sometimes with such bad market news you’re going to hesitate, especially if you’re reading horrible articles like on MSN Money.
Florida Mortgage | Green News ~ BioFuel Alliance on shaky Political Grounds
Lurking in the shadows of the current Florida Property Tax issues, Florida Governor Charlie Crist (R) has been traveling with several key Florida Legislators through South America working different trade agreements. The most lucrative of which would have created an enormous trade agreement with Brazil to import Ethanol into the United States.
Florida would serve as the National Headquarters for this effort potentially bringing billions in profits to the state to help fill our tax coffers when they are depleted from property tax cuts. Unfortunately, the deal with Petrobras seems to be on the back burner — indefinitely.
More Florida Mortgage and Real Estate News You Can Use From
David A. Podgursky, MBA
TheMortgageGoToGuy.com
Your Source for Residential, Commercial, Investment and Relocation Mortgages in Florida
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