REAL ESTATE HEADLINES
  • Divided Venice council OKs funding for Venetian Walk II
    VENICE - The Venice City Council agreed to commit $550,000 for the Venetian Walk II application for a 9 percent tax-free bond lottery Tuesday to promote construction of more affordable housing, but the split 4-3 vote came after an attempt to slash the funding to $200,000.The council is already committed ... read more
    By Earle Kimel
  • HAROLD BUBIL: Industry groups sound alarm on GOP 'tax reform'
    Judging from the outcry from various factions, it seems a number of oxen will be gored by the pending congressional legislation regarding "tax reform."Considerable concern exists in the housing sector because the $1 million mortgage-interest tax deduction could be cut in half. Coupled with the doubling of the standard deduction, ... read more
  • Remodeling for profit? Unlikely
    Home renovations as an investment for a future sale with hopes of recovering the improvement costs are a dicey prospect at best. Real estate agents and remodeling construction specialists caution against that assumption."Hardly anything will offer a net profit," says Barry Grooms, Realtor, broker and co-owner of SaraBay Real Estate ... read more
    By Chris Wille
  • KENNETH R. HARNEY: Equifax breach already taking a toll on consumers
    WASHINGTONThe scenario that personal finance and credit experts feared most about the heist of consumer data from Equifax may already be underway: Criminals are using the stolen information to apply for mortgages, credit cards, student loans, tapping into bank debit accounts, filing insurance claims and racking up substantial debts, according ... read more
  • HOT PROPERTIES: Pirate's 5-part franchise is history
    LOS ANGELES"Pirates of the Caribbean" star Johnny Depp has officially pulled up anchor from L.A.'s Historic Core district, selling the last piece of his five-unit penthouse collection atop the Eastern Columbia Building for $1.425 million.Depp originally listed the five multifloor penthouses within the Art Deco building last year for a ... read more
    By By Neal J. Leitereg and Jack Flemming Los Angeles Times
  • DAVID W. MYERS: Loan contingency can let buyer cancel proposed sale
    Savvy buyers always include a detailed financing contingency in their offers that allows them to back out of a sale if they can't get a satisfactory loan.DEAR MR. MYERS: We agreed to sell our home about a month ago for $210,000. The buyer's offer was contingent on making a 10 ... read more
  • BUILDINGS I LOVE No. 52: Sanderling Club Cabanas, 1952, Siesta Key
    Paul Rudolph (1918-1997) is an architectural legend in Sarasota. The Sarasota Architectural Foundation focused on his career in its second Sarasota MOD Weekend in 2015 and will do so again, in an even more in-depth manner, in 2018.The designer of the original Riverview High School (now demolished), an addition to ... read more
    By Harold Bubil
  • MARKET SNAPSHOT: HERON BAY CLUB
    There are a number of small, interesting condo and villa communities in Osprey. One of the most attractive - in location and appearance - is Heron Bay Club.Built in 1981 and located on Little Sarasota Bay across from the northern section of Casey Key, the 10-acre property features 25 attached ... read more
    By By Chris Angermann Correspondent
  • LEW SICHELMAN: Cash back for cash buyers
    A good number of buyers have been robbing their piggy banks lately, hoping that paying cash will help them beat out the competition for any decent houses still left on the market.According to ATTOM Data Solutions, a national property database, the percentage of cash sales reached its all-time high of ... read more
  • JACK GUTTENTAG: Beware of Internet-based medical scams
    Medical scams executed on the internet aim to convince respondents that a medical condition is best treated by a non-prescription remedy that only the scamster can provide. In other words, you should ignore your physician, ignore whatever you may have read about your problem in mainstream sources, and buy a ... read more