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It's harder to buy a house. This city fought back by outbidding corporate landlords [Ohio]
Demetrius Harper-Edwards and his girlfriend, Sarai Yisrael, spent the pandemic lockdown dreaming of owning a home. They saved for a down payment, and worked to repair their credit.
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Underwater real estate? A piece of submerged land in Florida is selling for $43 million.
A Delray Beach developer is hawking a pristine waterfront property in Florida for a whopping $43 million, but it’s not a mega mansion, it’s under the brackish patina of the Intracoastal Waterway in Boca Raton with a base of muck and sand and threadbare seagrass.
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Title Options Cheaper – But Scary
As part of Uncle Sam’s efforts to make housing more affordable, some lenders are starting to accept alternatives to expensive title insurance. But at what price? The new products – which include attorney opinion letters, or AOLs – are certainly cheaper. But they may not afford the same protections as more expensive title insurance. Among numerous other things, AOLs don’t cover undisclosed tax liens, homeowner’s association assessments or liens for unpaid child or spousal support.
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NY AG pushes to criminalize deed theft
The New York attorney general wants deed theft to be made an explicit crime, strengthening officials’ ability to nab fraudsters. Officials from Letitia James’ office last week proposed criminalizing deed theft in the state penal code, City Limits reported. The deputies discussed the proposal during a Senate hearing in Manhattan, which also included talk of strengthening laws to identify the owners behind limited liability companies.
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Homebuyers Beware: Institutional Investors and Crowdfunding are Coming.
Real estate has been a red-hot commodity over the past two years, in no small part due to the massive influx of institutional investors into the housing market. Alongside the rise of these deep-pocketed investors has come a surge in popularity for real estate crowdfunding platforms, which allow smaller and non-accredited investors to get in on the action as well.
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A Pa. law that required an Airbnb manager to get a real estate license is unconstitutional, judge says
A Pennsylvania judge has ruled that the state’s real estate licensing requirements violate the Pennsylvania Constitution when applied to a North Jersey woman who managed short-term vacation rental properties in the Poconos.
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Superior Court Applies Consentable Lines Doctrine to Backyard Property Dispute
Developing properties in Philadelphia has many challenges since this is a “row-home” city, which means the building structures are connected to one another and, thus, there is no room for error if a building structure is not properly situated on a property.
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Buying Property Does Not Transfer a Takings Claim [California]
Despite undertaking due diligence, a buyer of real estate may miss pre-existing property damage or a public improvement that was installed without permission or right. Does the new buyer have a cause of action for a taking -- or inverse condemnation -- for such pre-existing conditions?
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Fannie Mae sues Nelson Brothers for default on $23M
The hits keep coming for the embattled Nelson Brothers Real Estate. Fannie Mae sued the company in Texas last week, alleging it owes $12.6 million for defaulting on a mortgage for a student housing complex in Houston.
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Community or Separate Property? Beware The Mortgage Rule [Washington]
What you don’t know about your mortgage could hurt you. In Washington State, we are not a “title state.” Accordingly, placing your spouse’s name on the title of a separate real estate does not automatically make it community property. However, beware; if your spouse signs off on the mortgage liability associated with your separate property real estate, the result could be dramatically different.
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Deed question cleared up for Union Meeting House
In 2020 the question was raised as to who owned the Union Meeting House on Sennebec Road in Appleton. The mystery has been solved and the Appleton Historical Society has the deed of ownership to the historic structure. Moving forward, the plan will be to renovate the church/meeting house and return the steeple, which has been on the church lawn for years now, to its proper place.
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They lived in their Catalina home for 40 years. But it turns out they don't own it [Canada]
About two years ago, the Diamonds decided to sell the home where they've lived since the early 1980s and move into an accessible apartment. They secured a buyer — family friends looking to move home — and proceeded with a quieting of titles, in order to clear any potential disputes over the land. That's when the trouble started. The provincial government claims that, according to its records, Pauline and Randy's home is sitting on Crown land.
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Floyd Morris: Operation PRIDE created homeowners, not squatters [Jamaica]
Since its formation in 1938, the People’s National Party (PNP) has been at the forefront of advocating and providing land for the landless. After the abolition of slavery, the newly freed slaves in Jamaica were compelled to seize Crown properties and marginal lands outside of the plantations as no compensation was given with their freedom as was done with the plantation owners.
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New York Regulator Proposes Updates to Cybersecurity Act | |
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The New York Department of Financial Services is proposing changes to its cybersecurity regulation that will require more controls to prevent unauthorized access to technology systems.
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Florida couple loses life savings in email real estate scheme | |
A couple who recently moved from Connecticut to Central Florida has become the latest victim of a national multi-billion-dollar real estate scheme dubbed Business Email Compromise. Aimee and Michael Ferla admit they were fooled by email messages last month that appeared to be from the title company hired to handle the closing of their home in De Leon Springs.
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Maryland couple up against squatters claiming their house | |
A Maryland woman got an unpleasant surprise driving by her newly purchased house –– a U-Haul in the driveway, and strangers moving in. A couple in Prince George’s County, Maryland, had just signed paperwork with U.S. Bank to buy a vacant home in the wake of its foreclosure, when squatters decided to set up shop, WUSA9 first reported. The couple confronted the people moving into their home, and were supplied with a fake lease agreement.
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Title Agents Take Business to the Next Level | |
We're here to make the process simple and profitable for agents interested in growing their business by expanding into multiple states. We offer you one point of contact to streamline your options and solutions.
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Mischievous goats get so rowdy town has to create task force to control them
The herd of Kashmiri mountain goats made a name for themselves during lockdown when they started colonising the streets of Llandudno, north Wales.
They are often caught snacking on people’s hedges, running riot in the streets, sleeping in bus shelters and even brawling in the supermarket car park.
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A mysterious machine in a Syracuse warehouse keeps old movies alive. It’s the last of its kind in the world
The machine in the attic of the Delavan Center is nobody’s friend.
It is loud and crabby, and deeply mysterious. It is not allowed to fraternize with the more efficient machines in the letterpress company hangar on the floor below.
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WATCH THIS VIDEO AND SEE HOW DEEP OCEANS REALLY GO
Despite the fact that we’re all inundated with stories of oceans and lakes both adventurous and horrific, “the depths,” so to speak, all tend to blend together. In a new video, animator and YouTuber MetaBallStudios helps to tease apart the dark waters of the world. And if you think you know how deep the ocean really is, you may need to think again.
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Tired of laundry folding? AI breaks the robot folding speed record
While it's possible that someone out there enjoys folding clothes, it's probably not a beloved pastime. Accordingly, researchers at UC Berkeley's AUTOLAB have developed a new robotic method of folding garments at record speed (for a robot) called SpeedFolding.
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Grandpa says thanks for the Kindle, which he’s using as a door stop.
Terrible Real Estate Agent Photos
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