Real Estate Market

After moving, there are many fun ways you can spruce up your home. If you love to entertain and you love to drink, then you should think of investing in a great home improvement project like purchasing your own home bar. True, you can mix drinks in your kitchen or your dining table, but if you’re planning to serve more than vodka mixed with juice or soda, a bar will allow you to store and mix your own liquors, and keep you organized. It’s also a good centerpiece for any occasion, and it’s simple to organize and create your own bar nook.

First off, you’ll need the actual bar. If you

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Tags: Home

Bank of America filed three times as many default notices on Orange County homeowners in August than the month before, helping to push the overall number of defaults in O.C. up 66 percent last month, according to new figures from DataQuick Information Systems.

Other lenders also increased their default filings – the start of the foreclosure process – although to a lesser degree. The B of A filings jumped 197 percent from July to August, compared to a 50.6 percent increase for all other lenders.

The increase was exaggerated slightly because August had three more business days than in July. But

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Tags: Default, Default Filings

As real estate professionals, your goal is a healthy and vibrant real estate marketplace. Lots of selling and buying of homes is a good thing, as is a healthy credit report and sufficient cash on hand by your buyers and large amounts of home equity with your sellers.

But if the last few years has taught us anything, that is not always the case. Heck, in some markets, that rarely is the case. <

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Tags: Estate, Estate Professional, Real Estate, Real Estate Professional

— After falling behind on loan payments, CityPlace Partners has negotiated a two-year extension of its $150 million mortgage on the downtown shopping center.

According to a document filed with the Palm Beach County clerk’s office, the maturity of the loan has been moved back to December 2018. The original loan, issued in 2006, was scheduled to end in 2016.

CityPlace defaulted on its loan this year, and in September loan servicer CSMC 2007-C1 South Rosemary filed a foreclosure proceeding on the property.

The loan modification document filed this week doesn’t indicate whether the 6.27 percent interest rate on the original loan has changed. C

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Tags: 150 Million, 150 Million Mortgage, Million Mortgage, Mortgage

Well, it is been awhile since I last posted, but I wanted to wish everyone a HAPPY NEW YEAR!

For those who know me, know that 2011 was a difficult one for my family.

We lost my father a week before Christmas, after a long battle with cancer. He died exactly a year from the date that my brother’s wife had surgery for a major brain tumor.

Though we’ve had challenges, I feel very lucky to have such a wonderful, supportive, and loving family.

I am hoping 2012 will bring more happiness, love, and joy into our lives, and just a few less challenges, please!

So, my plan now is to be back on schedule for regular updates.

Are there any posts you’d like to see from me? Updat

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Tags: Happy New, Happy New Year, New Year, Year