Sentenced to nearly six years in prison for bilking Orange County homebuyers out of millions of dollars by selling illegally converted condominiums, that was the fate of former real estate agent recieved. Phil Benson, 73 was also ordered to pay nearly $680,000 in restitution to Stewart Title, which insured the condo sales.
There are numerous tax traps if you sold a home, refinanced your mortgage or bought an investment property last year, but Tax time provides an opportunity to cash in many of the rewards of dabbling in last year's red-hot real estate market.
Saturday, February 25 2006 @ 12:58 AM MSK
Contributed by: jron
A fund for direct investment in Russian real estate is being launched, Sistema, the largest corporation working on the services market inthe CIS, the asset management company group Renova and the Whitehall Street Real Estate Funds investment group.
$100,000 was donated to the school to establish the Cotton Center for Real Estate Studies at Cape Cod Community College, that is what was reported On Tuesday. The college announced that John and Ann Marie Cotton donated the sum of money.
According to U.S. Attorney Gregory Lockhart's office, Another Cincinnati area mortgage broker has agreed to plead guilty to criminal charges arising from a real estate "flipping" scheme, this one allegedly defrauding mortgage lenders of more than $872,000.