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A judge this week froze the assets of two men accused of leaving mobile home buyers with faulty titles and thousands of dollars in unpaid taxes that should have been handled by the sellers. Texas Attorney General Greg Abbott had requested the asset freeze against Andrew and Edward Huizar to preserve money that he believes should be used to refund homebuyers. Tuesday, Judge David A. Berchelmann, sitting in Bexar County's presiding court, also signed off on an injunction that halts the business practices in question. The Huizars and a third man, David Barroso, were sued by the Attorney General's Office in March, accused of providing home buyers with faulty property titles and leaving them with debts for unpaid taxes and other liens that should have been paid by the sellers.
MIAMI BEACH, Fla.--(BUSINESS WIRE)--Michael Capponi, one of Miami's most respected and well-known hospitality entrepreneurs, known for setting records in event promotion, is now setting records in the real estate market. Capponi, Principal of The Capponi Group, which specializes in the development of high-end, luxury single-family homes, has set a Miami Beach record with the $4.3 million sale of a Sunset Island II home, the highest price ever recorded for an existing, non-waterfront property. The renovated three-story, 9,600 sq. ft. residence, located on a 13,000 sq. ft. lot at 2501 Bay Avenue, Miami Beach, has seven bedrooms, four full bathrooms, two powder rooms, a large formal dining room, and a loft-like living room with 25-foot ceilings and bay views. It features Caribbean overtones throughout and contains a separate family room with mahogany built-ins, an entertainment complex with a large movie theatre, a wine cellar room, wet bar, billiard room and gym.
The new scheme revamps the way main contractors deal with subcontractors. Details of subcontractor lists will be sent to contractors. Although the accounting, construction and IT industries welcomed HMRC’s decision to delay the introduction of the scheme for 12 months, there are fears that the technical problems could still bring the scheme grinding to a halt, causing incorrect tax payments and increased administration when it finally comes into effect on 6 April next year. HMRC will provide transitional documents to main contractors in November so they can record the subcontractors they have employed over the past two years. But the construction industry is worried that if any subcontractor details are left off the documents, then thousands of contractors will swamp HMRC phone lines in the first weeks of the scheme.
MOST U.S. HOME MARKETS are in bear mode as anxious sellers growl and buyers are scarce. All of the leading indicators now painfully confirm that. To all the existing indexes, I'd like to add one more: The Donald Trump Index. This is mostly a psychological measure based on the popularity and price of real-estate-oriented "wealth-building" seminars headlined by the property mogul and TV star. Last year, when the home market peaked, the Real Estate Wealth Expo, featuring Trump and 70 other money mavens such as Suze Orman, charged as much as $499 per person and attracted more than 60,000 participants, according to the Learning Annex, the New York City-based education company that sponsors the shows. Recent ads for the event offered a price as low as $99 for similar seminars that are scheduled in cities such as New York, Chicago, Boston, Los Angeles and Toronto.
Everyone knows successful investors understand that real estate is a game of probabilities. Valuable investment tips show why Ocala, Florida, is one of best places in USA for property investment deals. (PRWEB) October 23, 2006 -- Everyone knows successful investors understand that real estate is a game of probabilities, not certainties... but walking away with equity when acquiring investment property is the idea....Located in Central Florida, "Horse Capital of the World," Ocala is moving up in the ranks as one of best places for property investment deals.
www.investinocalafl.com offers some valuable tips for property investment in light of the recent report from the National Association of Realtors reporting that Ocala's single family housing increased 41% and puts Ocala/Marion County 4th in the country in 2005.(ROBERT TRIGAUX, Times Business Columnist, Published October 9, 2006).According to the report, "Of 20 larger metro markets in Florida, the median sales price of a home in 12 markets dropped and increased in only eight (best: Ocala, up 14 percent)"
Additionally, Fortune Investment Guide for 2006 rankings for the 2nd quarter of 2006 ranks Ocala, FL 2nd out of 151 markets with a 25.3% growth.
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