| Home buyer who overpaid sues real estate agent
Given the American obsession with litigation, it's somewhat amazing that legal experts could not recall a case of a home buyer who may have overpaid suing a real estate agent before Marty Ummel came along. Legal and real estate experts say that Ummel and her husband, Vernon Ummel, should have done their homework better before purchasing their four-bedroom home in a luxury development outside of San Diego in 2005 for $1.2 million, a price that the Ummels say was as much as $175,000 more than what similar houses in the development sold for. They contend it was not their fault. .
LandAmerica Financial Group, Inc. Company Profile - View LandAmerica ...
About LandAmerica Financial Group, Inc. Conferring a title on you! Based in Richmond, VA, Landamerica Financial Group Incorporated (NYSE: LFG) provides title insurance policies and performs other services for residential and commercial real estate transactions. It offers title search and examination services and does title underwriting through its subsidiaries. The company services the national and regional mortgage lending community. It provides services and products to real estate agents, lenders, property buyers, and others through about 10,000 agents in over 800 offices. The company has revenue of $3.9 billion and employs about 12,200 people. LandAmerica Financial Group, Inc. Executives Herbert Wender [Chief Executive Officer] Theodore L. Chandler, JR. [Chief Executive Officer] Albert Will [President ,Lender Services] Jeffrey C.
3 new faces on Hollywood Commission
Hollywood voters elected three new members to the Hollywood City Commission, along with ousting longtime Mayor Mara Giulianti. Real estate agent Patty Asseff beat longtime District 1 Commissioner Cathy Anderson. U.S. Army veteran Heidi O'Sheehan was elected to replace retiring Commissioner Sal Oliveri in District 3. Linda Sherwood will fill the District 6 seat vacated by Peter Bober's mayoral victory. Incumbent Commissioner Quentin ''Beam'' Furr held on to his District 2 seat. Hollywood voters also passed a referendum giving the city commission approval to sell four properties to developers for new projects. The land will likely be part of negotiations for new offices. For the first time in three decades, Hollywood beach will have a new representative.
State ranks first in nation in cash loans, construction categories
Clark said housing will take the biggest hit in the 2007 rankings due to a dramatic drop in the number of mortgage brokers and real estate agents. The restaurant industry will feel a sting too, he said, because the slumping economy is causing people to eat out less. Clark said the upcoming year will be a trying time for homeowners as well. "It's people worrying about credit card debt who are also upside-down on their mortgages that will suffer the most," Clark said. "We're in for kind of a rough road." .
797 new area jobs predicted
Roland Mower, CEO of the Corpus Christi Regional Economic Development Corporation; Keith Arnold, president and CEO of the Corpus Christi Convention and Visitors Bureau; and Gene Guernsey, real estate agent with Remax Metro Properties, met with members of the Corpus Christi Rotary Club on Thursday to discuss their forecasts. "I really think we are setting up 2009, 2010 and other years for a really good housing market," Guernsey said. "I think the housing market will remain a buyer's market, and we will have about an eight-month inventory. It will continue to be strong compared with national figures." Month-supply inventories ranging from six to nine months -- meaning the houses take that long to sell -- are considered balanced markets. Anything less than six months shows a seller's market and anything more than nine months shows a buyer's market.
Officials offer retail hope for Eastgate
There is hope for Des Moines' Eastgate property.
City Councilman Bob Mahaffey, City Manager Rick Clark and the property's listing agent paid a visit to the Northeast Neighbors association Monday to share that message.
John Knapp, the real estate agent representing property owner Norman Weinstein of Florida, told the gathered representatives from Des Moines' Ward 2 neighborhoods that Eastgate, at East 14th Street and Euclid Avenue, may have an 80,000-square-foot general merchandise retailer operating on it by spring 2009. .
Florida's midsection key to GOP hopefuls
LAKELAND, FLA. -- Linda Ivell is an ardent supporter of President Bush, leads the state Republican women's club and has met all of the major GOP presidential candidates. Yet the effervescent 53-year-old real estate agent, who lives in this former citrus and phosphate mining hub in central Florida, simply can't make up her mind about whom to vote for Tuesday in Florida's crucial presidential primary.
"I honestly don't know," said Ivell, who is torn by the candidates' appeals as conservatives on economic, national security and social issues.
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