We are collecting horror stories about condo finance, and there are allot of nightmares out there. There are 2 dirty words to bankers today: “sub prime” is so yesterday, while the hated word of 2009-10 seems to be ‘condos’.
But why are condos such bad news in the minds of lenders and are they really as […]
Category Archives: Developments
Why Bankers Hate Condos
August 25, 2010 – 7:36 pm
Willow Club: NYC Private Membership Club
August 17, 2010 – 12:05 pm
Revolutionary private membership club debuts in new york city
NEW YORK (August 10, 2010) – Willow Club, a first-of-its-kind revolutionary New York City private membership club, today announced its official launch. Combining the ultimate in benefits and privileges with upscale lifestyle hotels in the […]
US Housing Hooked on Tax Incentives
June 23, 2010 – 7:55 pm
The tax incentives went away in April, and so did the housing buyers. Are Americans already addicted to tax bene’s to justify making a housing purchase? This is how market economies are transformed to rely on the support of the Government.
This is an unhealthy development for housing, and since the Congress is debating extending the […]
Marquis Buyers get Mortgages from Americor/Vacation Finance
June 18, 2010 – 8:23 am
This was on GlobeSt.com this morning…
Marquis Offers Mortgages to Buyers
MIAMI-The developer of the 292-unit luxury condominium in downtown Miami known as the Marquis Residences is trying to sell the remaining 227 units at the development in a unique way by offering to fund mortgages for so-called non-conforming loans. The 67-story tower, the tallest residential building […]
Waun quoted in the Miami Herald
June 1, 2010 – 7:47 am
Foreign buyers are flocking to Florida condos again
Canadians, Brazilians — even some Chinese — are buying up Florida condos, sometimes in bulk. The lure: rock-bottom prices.
/* * Tell JavaScript how much of each […]
