Real Estate Posts

PORT ORANGE – Marcus & Millichap Real Estate Investment Services announced the sale of CVS/Pharmacy, a 10,885sf single-tenant net-leased property in Port Orange, according to Bryn D. Merrey, vice president and regional manager of the firm’s Tampa office. The asset commanded a sales price of $2,780,000.

Leon Brockmeier and Patrick O’Halloran, retail investment specialists in Marcus & Millichap’s Tampa and Atlanta offices, had the exclusive listing to market the property on behalf of the seller, a Missouri-based private investor. The

Read more…

Q: I am highly disappointed with the resale market. It looks like we are slowly heading toward the dreaded bidding wars again. My daughter and son-in-law are first-time buyers (or, lack thereof, I should say) in Henderson. They looked at dozens of townhomes only to get discouraging news a few days later because the banks are letting people submit multiple offers. What ever happened to taking the first offer and perhaps one backup offer like back in the day? My daughter put an offer on a home in September and paid for an appraisal and inspection. She asked the bank to pay for her closing costs. They agreed. After the appraisal came in $2,000 less, the bank reneged on the offer and refused to pay closing costs. Sh

Read more…

The tasks of a landlord are not very difficult, if he doesn’t skip the first step – finding a good tenant. Some unscrupulous renters can become a real nightmare for a homeowner, which is why you need to screen tenants carefully. Through tenanthunter.com finding a tenant is not a difficult problem even if you only rent a property. F Read more…

The number of Tucson-area property owners who received foreclosure notices in November continued to decline compared with the same period last year.

Last month, 754 borrowers got notice that their loans were in default and their property had been scheduled for auction, numbers from the Pima County Recorder’s Office show. That’s down from the 829 notices issued in November 2010. It’s also down from the 816 notices issued in October.

The total number of foreclosure notices issued is on pace to be lower this year than for the last two years. In 2010, 11,663 property owners received the notices, and in 2009, 12,184 borrowers received them.

Read more…

Read more…