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1.2 million foreclosure checks go unclaimed, 90-day deadline to cash
Source: Palm Beach Post About 1.2 million foreclosure reparation checks sent nationwide have not been cashed, leaving nearly $1 billion unclaimed. Read more…
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Development fight could revive ‘workforce housing’ debate
Source: Sun Sentinel A development fight is brewing over one of Palm Beach County’s remaining pockets of rural-style living. And the future of Pioneer Road could revive a debate about a controversial county requirement for developers to include reduced-price, “workforce” housing. Read more…
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War veteran gets keys to new home in suburban West Palm
Source: Palm Beach Post For Guy Schell, surviving an explosion from an improvised explosive device while on patrol in Afghanistan in 2009 left him with a broken back. But Schell, a 27-year-old Army sergeant and a Purple Heart recipient from Sharon, Pa., did not expect his injuries would earn him a new house in suburban…
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Housing prices are surging: Is it too late to buy a home?
Source: Palm Beach Post Another home buying excursion last month for Riviera Beach resident Michael Lewis led him to a tidy duplex in the Turtle Cay community west of I-95. Nondescript, and probably overpriced, the gated neighborhood is not his ideal location. Read more…
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Vacant foreclosed homes highest in Florida
Source: Palm Beach Post The number of foreclosed homes that have been abandoned by their owners is by far the highest in Florida with 55,503 properties sitting empty and in some stage of a bank takeover. That’s 33 percent of the national total with Illinois coming second with 17,672 vacant and foreclosed homes. Read more…
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Florida homeowners to get foreclosure restitution checks of $1,480 this month
Source: Palm Beach Post More than 72,000 Florida borrowers whose homes were taken through foreclosure will receive reparation checks this month from the National Mortgage Settlement, which concluded the worth of each loss is $1,480. Read more…
