Types Of Bankruptcy

Should Overseas Transferee Sell Home Now, Or Rent It Out?  A Dallas homeowner who's working in Japan wonders whether she should manage her home as a rental from afar or unload it now and transfer the proceeds into other investments.


Scammed family wants to return home  STAMFORD - Donors gave Renee and Eric Brown more than $17,000 to pay for construction that would make their home accessible for their wheelchair-bound son, Eric Jr.Commentread more...


Chasing fads with a house eventually becomes a trap  You wash your hands in a vessel sink, pull a bottle of New Zealand Sauvignon Blanc from a brushed-steel refrigerator and place it on a gleaming granite countertop.Commentread more...


REAL ESTATE / ROBERT BRUSS: Is `interest only' mortgage smart? (The Charlotte Observer)  Q. What is an "interest only" mortgage? We have a 4.875 percent adjustable-rate home loan, but another bank offers 4.25 percent "interest only." Is this a good or bad deal?read


Lennar 1Q Profit Falls on Soft Market   One by one, some of the nation's largest homebuilders have seen quarterly earnings get crushed by the slump in the housing market.Commentread more...


'What Mortgage' publisher warns on profits (Daily Telegraph)  Signs that the slowdown in Britain's property market is feeding through to the wider economy came today as the publisher of What Mortgage magazine warned that profits will be below

November 30th, 2006

Icahn gets new partner in Reckson buyout bid

The chief executive of Mack-Cali Realty Corp. said Thursday his company agreed to contribute $400 million in cash to be a full partner with Carl Icahn and Harry Macklowe in their bid to buy Reckson Associates …
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