Continue Reading Add comment February 9th, 2009
Gawker has an interesting piece about corporate titans, such as Lehman Brothers’ former CEO Dick Fuld, who have been hiding mansions from creditors by putting them in their wives’ names. Apparently, it’s becoming a bit of a trend.
Add comment February 9th, 2009
Details are at last issuing on how President Obama’s stimulus program intersects with energy efficiency and light-green building. The House of Representatives of late printed a draft of the plan (ushered hither ), and there’s important money allocated to greenish initiatives. Depending on how you slice up it, at least $50 billion will go to fleeceable-interrelated programs. Some of the [...]Continue Reading Add comment February 9th, 2009
Just days after news broke that Manhattan’s $1 billion Hudson Yards project would be delayed, another major development in the city has been put on hold as a result of the economy’s continuing struggles. Boston Properties Inc.’s $980 million 250 West 55th St. saw one of its major planned tenants scrap plans to relocate to the 1 million-square-foot tower, forcing the developer to suspend construction. The delays are two of the most visible signs yet of just how much the office market has been battered by the recession, which is eroding tenant demand and limiting financing options for owners.
Continue Reading Add comment February 9th, 2009
I can’t vouch for the seller, condition of the homes, if this is a good deal or if its a scam. But it certainly is a sign of the times.
35 Single Family Homes in Midwest / South East for $280K
35 homes, mostly SFHs
All Quitclaim deeds / AS-IS
No tax prorations
States: AL, AR, GA, IL, IN, KY, MI, MN, MO, OH, SC, TN, TX, WI, WV
Bank provided BPO is $684,500.00
Purchase price is $280,645.00 (41% of BPO) NET
Please note the following below:
We work only with qualified buyers that are ready, willing, and able to complete purchases in a timely manner.
For principle buyers or direct to principle buyer only.
Supporting documentation, such as a letter of representation, fee agreement, or other, must be included for direct to principle buyer representatives.
Proof of funds (POFs) MUST be included with application. Please black out bank account numbers. We are looking only to see funds in a liquid account and the account holders contact information, so we may verify.
POFs may be either submitted by replying to this email with an attachment or by faxing to (586) 795-9037.
Once POFs are sent, we will email you the full tape with addresses.
Incomplete submissions will be discarded.
Good luck with your bid!
Joseph Zetouna
(248) 506-4433 Direct Line
(586) 795-9037 Direct Fax
josephzetouna@ztopiaonline.com
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