North Wildwood Real Estate News
Real Estate news for North Wildwood, NJ continually updated from thousands of sources.
Jun 3, 2015 | via Patch.com
The scam involved the use of phony documents and "straw buyers" to make illegal profits on overbuilt condos, according to the U.S. Attorney. A Toms River woman and two others were sentenced Tuesday for their roles in conspiring to defraud financial institutions as part of a $15 million mortgage fraud scam, U.S. Attorney Paul J. Fishman has announced. Comment?
May 28, 2015 | via Housing Wire
A real estate investor was sentenced to 84 months in prison for conspiring to defraud financial institutions and launder stolen funds as part of a $15 million mortgage fraud scam that used phony documents and straw buyers to make illegal profits on overbuilt condos. Timothy Ricks, 47, of New Jersey pleaded guilty before Judge Jerome Simandle to a superseding indictment charging him with one count of conspiracy to commit wire fraud and one count of conspiracy to commit money laundering. Comment?
May 14, 2015 | via Housing Wire
An Alabama man was sentenced to 17 years in prison for conspiring to defraud financial institutions and launder stolen funds as part of a $15 million, multi-state mortgage fraud scam that ended with the attempted murder of a witness against him. Kinard Henson, 43, Ventress, Alabama, used phony documents and straw buyers to make illegal profits on overbuilt condos, court records show. Comment?
May 7, 2015 | via Federal Bureau of Investigation
A Ventress, Alabama, man was sentenced today to 210 months in prison for conspiring to defraud financial institutions and launder stolen funds as part of a $15 million mortgage fraud scam that used phony documents and "straw buyers" to make illegal profits on overbuilt condos, U.S. Attorney Paul J. Fishman announced. Kinard Henson, 43, previously pleaded guilty before U.S. District Judge Jerome B. Simandle to a second superseding indictment charging him with one count of conspiracy to commit wire fraud, one count of conspiracy to commit money laundering and one count of attempted murder of a witness in a federal case. Comment?
May 6, 2015 | via NJ.com
An Alabama man was sentenced to nearly 20 years in prison Wednesday for his part in a plan to defraud financial institutions through the sale of beachfront properties at inflated prices. CAMDEN - An Alabama man was sentenced Wednesday to more than 17 years in prison for his role in a multimillion fraud scheme involving beachfront condominiums and for the attempted murder of another participant in the scheme, U.S. Attorney Paul Fishman said. Comment?
Tuesday Nov 24 | via The Verona-Cedar Grove Times
"Ask the Realtor" is a weekly column from the RealSource Association of Realtors, serving northern New Jersey. Those in need of advice from a professional Realtor may e-mail [email protected], keying "Ask the Realtor" in the subject line. Comment?
Saturday Nov 21 | via News Max
Though many new retirees retain their New Jersey residency to remain near family members and within a home in which they are comfortable, others may seek relocation for a more affordable retirement and cost of living within the state. Money, news, and real estate analysts have identified certain counties, towns, and neighborhoods within the state where closing costs, mortgages and living expenses are more affordable than along its northern money rim. Comment?
Tuesday Nov 17 | via NorthJersey.com
Consider: Bank of America, the country's second-largest financial institution by assets, and the top lender in New Jersey by deposits, has paid more than $50 billion in well-publicized fines and settlements since 2009, more than any other U.S. bank, mostly because of bad mortgage loans. Bank customer satisfaction surveys consistently place the company at or near the bottom of the rankings. Comment?
Thursday Nov 12 | via Patch.com
According to RealtyTrac, a company that keeps track of foreclosure rates, 115,134 foreclosure filings were reported across the nation in October, an increase of 6 percent from September. However, in New Jersey, the increase was more than double the national mark, jumping about 15 percent from last month's totals. Comment?
Monday Nov 16 | via WNYC-AM New York
East Greenwich Avenue in Pleasantville, NJ, across the bay from Atlantic City, is at the center of New Jersey's foreclosure crisis with several homes like this that are abandoned or in foreclosure. At a recent auction for foreclosed properties in Mercer County, Diann Timian of Ewing Township sat in the courtroom and watched her three-bedroom ranch house offered up to the highest bidder. Comment?
4 min ago | via The Daily Republic
Hilary and Shane Lentz were hooked on the idea of a tiny house, but they weren't sure the reality would be so appealing. Their curiosity led them to the hills of New Hampshire, where a business that started at Harvard University rents out tiny houses for $99 a night. Comment?
6 min ago | via Halesowennews.co.uk
First-time buyers saving into the Government's new Help to Buy Isa scheme will be offered rates as high as 4%. Banks and building societies have started to unveil details of the products they will be offering under the initiative, as competition to attract savers heats up ahead of the scheme's launch next week. Comment?
22 min ago | via DurhamRegion.com
The former Jonas Brothers star has offloaded his three-bedroom house at the base of the Hollywood Hills for $2,895,000, just one year after he bought it for $2,595,000, TMZ reports. DNCE singer Joe, 26, is currently renting a house on Airbnb, where he spent Thanksgiving with family members including brother Nick. Comment?
27 min ago | via Sunday Herald
First-time home buyers who plough their money into a new Isa scheme will benefit from interest rates as high as four per cent. The Halifax has come up with the best deal so far for the UK Government backed initiative which begins on Tuesday and aims to help people save for a deposit comes from the Halifax. Comment?
45 min ago | via St. Petersburg Times
Americans looking to buy a home are facing pressure to act as soon as possible, as the era of rock-bottom mortgage rates that have sustained the nation's housing market since the recession could be coming to an end. For years, home buyers have enjoyed interest rates of less than 4 percent, far lower than historic averages. Comment?
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