Torbert Real Estate News
Real Estate news for Torbert, LA continually updated from thousands of sources.
Friday May 6 | via Baton Rouge Business Report
The Lafayette developers of the River District-a proposed mixed-use development that is planned for 42 acres straddling Nicholson Drive between LSU and downtown -have filed an application with the Planning Commission to add 6.9 additional acres to their long-stalled project. The new acreage consists primarily of a parking lot and warehouse located between River Road and the railroad tracks. Comment?
Wednesday May 4 | via Concordia Sentinel
Flooding, flood zones and flood insurance are all probably on the minds of most everyone in our area. With the recent heavy rain, areas that have never flooded and even those outside areas predicted to flood on the most recent flood maps have flooded homes and businesses. Comment?
Apr 5, 2016 | via Insurance Journal West
Some homeowners in the area got notices from their mortgage company saying they were no longer required to buy flood insurance, and some were among the 23 houses that flooded in March, Frenchman's Bend Homeowners Association President Jonathan Oglesbee said. The requirement was dropped after the Federal Emergency Management Agency accepted revisions to the area's flood plain map, based in part on a developer's work to add fill dirt to raise a subdivision. Comment?
Mar 17, 2016 | via The Advocate
Louisiana's top officials agreed Thursday to refinance state debt to generate $82 million in quick cash to help close gaps in this year's budget. Lawmakers assumed the additional cash in its budget rebalancing work during the recently-added special legislative session, so refusal to do the refinancing would have more than doubled a remaining $70 million shortfall for the budget year that ends June 30. Kennedy was the only member to vote against the refinancing. Comment?
Feb 19, 2016 | via NOLA.com
A big part of Gov. John Bel Edwards plans for long-term budget change relies on reworking the state's income tax structure. This is the first in a five-part series looking at the governor's tax plan, including the cuts and tax increases he has proposed. Comment?
13 min ago | via NBR Newsroom
New Zealand's sharemilking farmers, feeling the pain from low milk prices, are the least happy with their banking relationships at the moment, according to the latest quarterly Federated Farmers Banking Survey. The survey shows that while 81% of all farmers said they were either "very satisfied" or "satisfied" with their bank, sharemilking farmers lagged behind with a 70% satisfaction rating. Comment?
26 min ago | via KION 46
It's a busy holiday weekend here on the Central Coast with people from all over celebrating Memorial Day weekend. But not everyone is here just for our scenic views or beaches, they're also looking for a place to call home. Comment?
38 min ago | via Star Tribune
From still ponds in remote forests to the whitecaps of Lake Superior, lakeshore buyers in vacation home destinations throughout Minnesota are finding lots of options and prices that remain well below pre-recession peaks. Shifting demographics and a radically different postrecession attitude toward investing in a vacation home have kept the lakeshore market far more balanced between buyers and sellers than in the Twin Cities, where scarce listings make it easier to sell than to buy. Comment?
48 min ago | via Daily Mail
A new mortgage is being launched that will make it easier for older homeowners to help their children or grandchildren on to the housing ladder. They would secure the loan against the value of their own property, but it would be paid off by younger members of the family buying a first-time home. Comment?
53 min ago | via National Mortgage News
Taking into account the $3.89 billion that independent monitor Joseph A. Smith has credited the bank with, plus an additional $113 million that the bank has claimed it provided, the total is just over the mark. This is Smith's eighth progress report on the settlement with the federal government and five states over mortgages securitized by JPMorgan Chase and the institutions it acquired during the crisis, Bear Stearns and Washington Mutual. Comment?
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