Real Estate News – December 12, 2011
The Feds’ Mortgage-Complaint Window is Now Open: The Consumer Financial Protection Bureau’s Home-Mortgage Complaint and Dispute-Resolution Hotline Went Into Service Dec. 1 (via seattletimes.nwsource.com):
The Kentucky Office of the Americans with Disabilities Act will not get involved in the dispute between the Andover Forest Homeowners Association in Lexington and a family that is fighting to keep an outdoor therapy playhouse for their son, who has cerebral palsy (via Kentucky.com): http://bit.ly/tddpnL
Terrell Owens Narrowly Escapes Foreclosure (via TMZ.com): http://bit.ly/turUCo
A family in Pittsburgh have been left outraged after their Virgin Mary statue was ‘stolen’ by their homeowners’ association (via dailymail.com.uk): http://bit.ly/t1abfh
In facing large inventories of foreclosures, Bank of America is considering a program that would allow investors to buy a foreclosed home and then rent it back to the former home owner, HousingWire reports (via REALTORMag): http://bit.ly/rTiStq
Mizner Grande Realty of Boca Raton has filed a lawsuit against one of its former real estate agents for fraud and breach of contract, alleging he misdirected $1 million held in escrow for clients (via weblogs.sun-sentinel.com): http://sunsent.nl/sUw471
The carefree living advertised by townhouse and condo developments isn’t so relaxed these days, with tensions between some homeowners and their associations reaching a fever pitch (via StarTribune.com): http://bit.ly/urUqmc