Punta Gorda Company to Begin New Florida Real Estate Construction

Punta Gorda Company to Begin New Florida Real Estate Construction

Punta Gorda, FL (PRWEB) October XX, 2006 -- Five Star Realty and Sand Star Homes team up to create new Florida real estate in Charlotte County.

Five Star Realty of Charlotte County, Inc. is pleased to announce that construction of Five Star Commons, made up of retail and commercial space, will begin second quarter of 2007. This mix-use project will consist of over 13,400 square feet of retail on the lower level and office space on the upper level. The owners have selected SandStar to build this project which should take 14 months to complete. SandStar Custom Homes has been building custom homes, condos, remodeling, and commercial construction in Charlotte County since 1981. SandStar and Five Star Realty corporate offices are both located at 1203 W. Marion Ave. Punta Gorda, Florida 33950.

---

The Next Big Real Estate Boom: Cashing in on Delinquent Taxes

The Next Big Real Estate Boom: Cashing in on Delinquent Taxes

BALTIMORE, Nov. 6 /PRNewswire/ -- As U.S. home prices free-fall, a new big boom for real estate investors has started taking place in delinquent property taxes.

The real estate triple play of shrinking home prices, negative equity and increasing foreclosures are all contributing to an epidemic in delinquent property taxes. This current downturn in residential real estate puts homeowners at the greatest risk since perhaps the 1970s in failing to pay their taxes.

For governments, delinquent property taxes create a budget shortfall for essential services such as police, education and sanitation. To keep the coffers full, states offer "secret certificate" programs that let individual investors make money from delinquent property taxes.

These "secret certificate" programs can deliver returns of 24% and more.

---

As Home Prices Decline, Real Estate Investors Hit the Jackpot

As Home Prices Decline, Real Estate Investors Hit the Jackpot

With home prices still descending and foreclosures continuing to rise, homeowners haven't been this vulnerable to the risk of not paying their property taxes in more than 30 years. And real estate investors are banking on the delinquent property taxes.Until states can collect all the late property tax payments, their budgets are slimming. One common solution is a "secret certificate" program, which investors are jumping on to make returns of 24 to 50 percent from the late tax payments.Newly built homes are getting hit the hardest, with a 9.7 percent decrease in September--the largest drop since 1970. Even the hottest markets aren't immune to the falling prices.The prices of exisitng homes fell by 2.2 percent in September compared to the same month last year, the biggest one-year decline since November 1990, reported the National Association of Realtors.According to RealtyTrac, rising mortgage rates, combined with declining prices, caused 115,292 new foreclosures in August alone.

Home Funding Firm Fights a Depressed Real Estate Market

Home Funding Firm Fights a Depressed Real Estate Market ( EMAILWIRE.COM, November 06, 2006 ) Tampa, FL - The depressed real estate market wasn't supposed to have an affect on the nation's major housing centers. Florida's vacation industry has been its best promoter of real estate despite other national trends. But, according to James Cao, CEO of American Dreamhome Funding (ADF), a Tampa Bay home funding .

They open door to housing sales

They open door to housing sales

The owner and instructor at the new Sunshine Real Estate School brings a wealth of experience that goes far beyond home sales. BY JULIE LEVIN Special to The Miami Herald

In Jeff Ershler, students at the Sunshine Real Estate School get an instructor who brings a little bit of everything to the table.

With a career that has spanned education, law and real estate, Ershler, of Hollywood, has a world of experience.

''I don't think any of the other schools can say they have someone who has been a law professor for 10 years as their primary instructor,'' he said.

Ershler, along with wife Mary, opened the Sunshine Real Estate School in Davie in March.

They offer a full array of real estate courses for sales associates and brokers in prelicensing, post-licensing and continuing education.

---