Jackson ramping up efforts to sell hundreds of properties for as low as $480

JACKSON, MI-- The city of Jackson started off 2021 by owning about 600 properties.Now the city is trying to sell them, though officials acknowledge it’s not usually their primary function.“We’re in the business of providing government services, but not in the...

Emerging market economies face higher interest rates as inflation jumps

Emerging market economies may find it more difficult to refinance debt as countries look to raise interest rates to tackle higher inflation, the Institute of International Finance said. Central banks in most major emerging markets – except for Brazil, Russia,...

Iran election: The president, the landlord and the future of the nuclear deal – Iran

Ayatollah Ali Khamenei, Iran’s supreme leader, had a few regrets last week. “A mistake was made in disqualifying some of the candidates and an injustice was committed by blackening their name,” he said. Khamenei was referring mainly to the decision to...

Reverse Mortgage Trade Association Seeks Clarity on New NBS Rules

The National Reverse Mortgage Lenders Association (NRMLA) has submitted a letter to the U.S. Department of Housing and Urban Development (HUD), specifically requesting the Department to update the Home Equity Conversion Mortgage (HECM) loan documents and...

Beneficiary can’t have it both ways

Speaking of costly decisions …Dad had three sons. He wrote a will that left one of his sons, Charlie, a savings account worth about $150,000.Then Dad died, leaving a total estate of $1.5 million. His will was admitted to probate and soon thereafter the executor...

Monarch Communities Could Be ‘Special Ops’ For New Investment Partner Welltower

Founded in 2019, Monarch Communities has quickly established itself as a vertically integrated senior living company, with a newly announced equity investment from real estate investment trust Welltower (NYSE: WELL). The investment is a vote of confidence in a...

Mortgage rates dip deeper below 3% and open wider window to refinance savings

Mortgage rates dip deeper below 3% and open wider window to refinance savingsDown. Up. Down. Up. Aaand back down again.U.S. mortgage rates have been bouncing around from week to week, but here's the important part: Despite all the gyrating, the average for...

Is it worth selling my house if I’m going into aged care?

For senior Australians who cannot live independently at home, residential aged care can provide accommodation, personal care and general health care.People usually think this is expensive. And many assume they need to sell their home to pay for a lump-sum...

Owning a home can change your life

Alex Krumm  |  Special to the Herald-TribuneIt was just after midnight when I opened the front door. I was thoroughly exhausted, a little bit sunburned, and my feet ached from long days walking up and down Duval Street when it hit me: that certain scent, airy...

City picks up titles to two abandoned properties | Local News

CLINTON — District Court Judge Patrick McElyea ordered last month that title to two properties in Clinton be awarded to the City.McElyea ordered May 5 that the Clerk of Court enter a default judgment in favor of the City of Clinton for property at 809 15th Ave....
Gloversville adopts new anti-blight strategy

Gloversville adopts new anti-blight strategy

GLOVERSVILLE – Applications are now available at City Hall to purchase seven of the 10 properties set to be sold through the city’s first-ever Property Dispensation Committee. The Common Council on May 11 approved purchasing the 10 foreclosed properties from...

BC tenants: When sex noises were an issue for landlords

BC tenants: When sex noises were an issue for landlords

Here are just a handful of the multiple decisions involving sex-related issues in past years.  Ever been in a disagreement with your landlord?  While many people enjoy mutually beneficial relationships with their landlords, countless others face difficulties. ...

Hard Rock Casino Rockford investors, landlord approved

Hard Rock Casino Rockford investors, landlord approved

ROCKFORD — Hard Rock Casino Rockford took a major step forward Wednesday when the Illinois Gaming Board said it could seek construction approvals, accepted a list of 51 investors including three executives and granted a supplier license to the casino's...

Owning a home can change your life

Owning a home can change your life

Alex Krumm  |  Special to the Herald-TribuneIt was just after midnight when I opened the front door. I was thoroughly exhausted, a little bit sunburned, and my feet ached from long days walking up and down Duval Street when it hit me: that certain scent, airy...