Archive for August 15, 2009

Debating the merits of reverse mortgages

By Harold Bubil Herald Tribune
The dramatic decline in housing values, as well as the value of other investments, has made meeting household budgets particularly vexing for retiree homeowners.
For those who are cash-poor but still house rich — that is, they owe little or nothing on mortgages — reverse mortgages can be the answer. Instead of paying [...]

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Deals abound in Gulf-access homes! Realtors advise that now right time to buy

BY TINA GIUFRE  News Press
Realtors have been saying it for a long time: Now is the time to buy. Buyers looking for Gulf-access properties are finding them these days at bargain-basement prices.
Paula Kiker, broker of Lahaina Realty in Fort Myers Beach, recently sold a beachfront, two-bedroom, two-bath unit with under-building parking at Seaside condominium for [...]

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NABOR: Homes sales up almost 70 percent from a year ago

By I.M. STACKEL Naples News
With an economy that is moving the right direction, there are going to be some celebratory brunches.
Naples Area Board of Realtors released its numbers Friday, and the statistics have many smiling: overall home sales increased by 67 percent in July, compared with the same period one year ago.
Comparing July 2009 to the [...]

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