You are Fed Chairman Ben Bernanke. It is 6:00 pm on a Thursday. You get a phone call from Bear Stearns, a major investment bank, saying that they are experiencing a lack of liquid funds and will have to declare bankruptcy unless something is done by the opening of markets tomorrow. Taxpayers are already furious [...]
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Last week’s Orlando Business Journal highlights some of the headaches currently facing Orlando’s condo developers: At Veranda Park in MetroWest, eight developers have filed a total of $11.2 million in leans against the billion dollar project. To date, only half of the 10 projected buildings have been built and it’s impossible to imagine the rest, [...]
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Condo Metropolis is pleased to announce continued pricing on a limited number of Tradewinds condos for those who can act quickly. Auction pricing was $85k plus a 10% buyer’s premium = $93k. Condo Metropolis can secure a unit for you with the auction company at this same $93k price for very a limited time. Quick-Facts [...]
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With tax season upon us, individuals who own vacation condos must be certain they are able to claim every tax credit and/or deduction allowed them by law. The following is an excerpt from my book, Condo Living: A Guide to Buying, Owning & Selling a Condominium and is part of a tax credit series for [...]
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It was a surprisingly quiet week, given that it was the final week in the 1st quarter of 2008. Typically, markets tend to be quite fidgety as fund managers and investors shift their cash around to make their balance sheets look nice. However, we saw a decline in volatility across both stock and fixed-income markets [...]
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