Author Archives: ipgocorp

Low vacancy rates driving multi-family financing boom

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Low vacancy rates driving multi-family financing boom
A growing amount of money is flowing to finance the buy of existing apartment complexes in Orlando, which ultimately is benefiting area lenders, real estate brokers, contractors and suppliers. Loans to buy or refinance existing Orlando multi …
Read more on Orlando Business Journal

Banks urged to disburse money to rescue property market
Though the real estate prices have dropped by 30-40 percent, apartments still have been left unsold, because both buyers and real estate developers still cannot access bank loans. Banks have announced the programs to fund individuals' plans to buy …
Read more on VietNamNet Bridge

Irish Homes Drawing Buyers After Market Crash: Mortgages
“It's the first time I've bought in Ireland,” said Neil Cotter, a 47-year-ancient accountant based in Gibraltar who bought three apartments in Dublin last month at a sale of distressed real estate. “I just had a look at all the markets in Europe and it …
Read more on Businessweek

Frankfurt Turns Offices to Homes as Excesses Lift Vacancy
“Some older buildings are so expensive to turn into apartments that banks are not playing along,” he said. “There are lots of buildings that have potential, but because of financing difficulties they just stand empty.” The concerns are sometimes …
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'Sister Stella' to Speak On Zimbabwe Orphanage

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'Sister Stella' to Speak On Zimbabwe Orphanage
Volunteers from the Lafayette-Orinda Presbyterian Church are making plans to launch a micro-finance program to make loans that provide a more sustainable future to young entrepreneurs as they "age out" of an orphanage in Zimbabwe. There is hope that …
Read more on Patch.com

Hoover residents come out in force for 2012 election
Numerous polling places in the city, including the Hoover Recreation Center, Hoover Public Library, Bluff Park United Methodist Church, Prince of Peace Catholic Church, Hunter Street Baptist Church and Hoover Fire Station No. … Amber Washington, a 21 …
Read more on al.com (blog)

Ponzi schemer given stiff sentence

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Ponzi schemer given stiff sentence
“It's hard to hear that people feel that bitter.” Mackey then turned to look at some of his victims and … The retired teacher said she had hoped to use the money to pay off her home and help her son with college loans. “That won't be happening now …
Read more on Atlanta Journal Constitution

Handle Your Many in a Way That Will Let You Achieve Your Dreams
Spending beyond your means is an addiction. A spending addiction is probably as hard to cure as a drug addiction. It requires changing lifestyles. I've frequently hired a casual laborer. He is excellent at his craft and for 20 years made really excellent money …
Read more on Huffington Post (blog)

Occupy Distressed Debt: Can We Save The World With Loan Forgiveness?
Instead of a bank just lending money and collecting interest, it sells the rights to that income stream as an Asset Backed Security. By buying up a diverse array of ABS you … than just giving money to poor people"? And I reckon it's hard to answer the …
Read more on Slate Magazine (blog)