Real Estate News for 7/18/2011

The problem is that these banks have made bad real estate loans and other gambles. In Ireland, the collateral backing these loans is only about 20 percent of the face value of the mortgages. Somebody has to lose when loans go bad. ….. It looks like there will be little federal revenue to share with Minnesota or Wisconsin or the city of Chicago.They're going to have to sell their roads and streets, sell their infrastructure and their public utilities, sell off whatever … — Mon, 18 Jul 2011 10:42:38 -0700

Businesses are constantly faced with tough decisions, but few decisions carry the financial weight and long-term implications that are involved in a company's real estate. Should we lease or purchase a property? … The owner of a property is entitled to the tax savings resulting from cost-recovery rules and mortgage interest during the holding period and when the property is sold. Lease payments are fully tax-deductible and reflect rent paid for both the land and … — Mon, 18 Jul 2011 10:01:43 -0700 is the Pre-foreclosure Exchange which auctions off non-performing Notes using a convenient platform for buying real estate Notes online. — Mon, 18 Jul 2011 08:35:37 -0700

On appeal in this dispute about the priority of a mechanic's lien and a mortgage, appellant mechanic's lienor argued that its lien is prior to the mortgage because the record shows that the work that was the actual beginning of the … — Mon, 18 Jul 2011 08:13:50 -0700

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