Realtors in Florida Orlando have been subject to an unprecedented mortgage sting conducted by the US Attorneys Office. The mortgage sting operation has resulted in 100 people facing charges involving mortgage fraud. The allegations involve more than 700 properties and more than $400 million in loans procured by fraud. The investigation was a result of suspected large scale mortgage fraud in Florida;...
Bilton Ward Developments who have helped celebrities in the UK build their dream luxury homes have applied for Company Voluntary Arrangement (CVA) with debts of £1.3m. The companies run by Dawn and Ashley Ward has helped top flight footballers such as Wayne Rooney and celebrities such as Katie Price build the homes of their dreams. Ashley Ward was a former footballer playing for Blackburn and Norwich...
International property buyers are thought to be responsible for recent surge home sales in Florida. One developer has allocated funding of $100 million dollars for mortgages aimed at foreign buyers whilst a UK based overseas investment company Colordarcy www.colordarcy.com/ report 40% increase in its Florida business In order to help his clients close on units at in Sunny Isles Beach, developer Joe...
2nd Nov 09- Selling a Luxury home worth millions in a battered Florida housing market may prove difficult for one multi millionaire seeking a quick sale in Delray Beach Miami Florida. Mr Helmut Kiener a luxury Florida home owner recently arrested in Germany on suspicion of fraud is seeking a cool $23 million for his house. The ambitious price tag according to one realtor is a step too far from...
Brazil’s proposition as one of the world’s most attractive overseas property investment hotspots certainly took a huge boost since it was awarded the 2016 Olympics. International real estate agents and related industries are responding with new services targeting overseas buyers who are attracted to the Brazilian Olympic effect. Brazil Property Specialist, Colordarcy www.colordarcy.com have...
London 27/10/2009- Brazilian real estate is top of the agenda for many international real estate investors after Brazils recent success in winning the hosting the 2016 Olympic Games. At the same time The Bric Group behind The Coral Lake and Beach Resort near Fortaleza Brazil were informed of their success as winners of The Americas Property Awards 2009 Top property companies including THE CORAL LAKE...
The US government has secured a deal to sell its London Embassy despite the UK government’s intervention who placed the building under Grade II listing status. The listing means that property developers will now be heavily restricted in what they can do with the building. Reports suggest that The US government has decided to sell probably their landmark Embassy building at 24 Grosvenor Square...
Buying a property in France has been high on the agenda for many Brits and now with a poll showing that France tops Europe in having the best quality of life it makes it even more attractive. The study conducted by Uswitch shows that the French retire earlier, live longer and have more paid holiday than the average across 10 European countries. For the British who earn more than the French life is a...
The UK housing market is consistently showing signs of recovery with gross mortgage lending totalling an estimated £12.5 billion in September, a 2% rise from the £12.3 billion in August but down 27% from September 2008, according to new data from the Council of Mortgage Lenders.Gross lending in the third quarter of 2009 was an estimated £38.9 billion, an 18% increase from the second quarter and down 36%...
Social Security benefit cheat Denise Hanbury stated to an English Court that she had bought overseas property in Bulgaria, Egypt and Turkey in a bid to get off herself off benefits. Denise Hanbury, Chelmsford Crown Court she had remortgaged her home and spent £64,000 on overseas investment property Last month, the 49-year-old admitted one offence of failing promptly to declare she had savings over...