tldrdaily.news logo
Tag

Property Owners

All articles tagged with #property owners

local-news2 years ago

Residents Trapped in Boarded-Up Illinois Apartments Demand Answers

Residents in a Harvey, Illinois apartment complex found themselves trapped inside their units after doors and windows were boarded up due to structural concerns. The city had been in discussions with the property owners about the unsafe conditions and the need for immediate rectification. Photos revealed deplorable living conditions and major structural concerns, prompting the city to emphasize the need for evacuation. The property owners were instructed to communicate this information to tenants, but some residents claimed they were not informed. The city boarded up the buildings as police conducted inspections and wellness checks.

via Fox News|
#apartment-complex#harvey#illinois
business2 years ago

Commercial Real Estate Crisis Threatens US Banks in 2024

Investors are anticipating a challenging year for the U.S. commercial real estate market in 2024, as more property owners are expected to default on their buildings with debt coming due. Many property owners had previously refinanced their properties to take advantage of low interest rates, and they are unlikely to throw away the money they have already cashed out.

via MarketWatch|
#business#commercial-real-estate#debt
disaster-recovery2 years ago

Lahaina Reopens to Property Owners and Renters, Escorted Visits Begin

Maui County officials are implementing a zone and pass system to allow property owners and renters affected by the Lahaina wildfire to re-enter the disaster area starting on September 25. Passholders will be accompanied by volunteers and county employees on supervised visits to search for personal belongings and grieve. Pregnant women, children, and vulnerable individuals are advised to stay away. The county will provide protective gear and guidance on handling toxic ash. Details on zones and passes will be announced soon, and the federal response will include hazardous material removal and debris cleanup.

via Honolulu Civil Beat|
#disaster-recovery#lahaina#property-owners
local-news2 years ago

Navigating Property Assessment Appeals in Jackson County: Deadlines, Success Stories, and Walk-In Meetings

Over 51,000 property owners in Jackson County have appealed their 2023 property assessments, with over 11,000 appeals already resolved. The number of appeals has continued to grow, with a late rush of appeals in the final week. Property owners have until midnight tonight to finalize their appeals and secure a hearing.

via KMBC Kansas City|
#appeals#deadline#jackson-county
real-estate2 years ago

"Summer Rental Shortage in Cape Could Lead to Lower Prices in 2024"

The rental occupancy rate in Cape Cod, Massachusetts, is down 18% year-over-year, while the average daily rate has increased by 16% from 2022. The drop in demand is attributed to a large supply of pricey rental units and a market correction following the surge in demand during the COVID-19 pandemic. Property owners are being forced to lower their prices to align with the current demand, as middle-class families have been priced out of the market. The Cape Cod Chamber of Commerce CEO believes that the current prices are unsustainable and that a correction is necessary to maintain affordability for visitors.

via Boston 25 News|
#cape-cod#market-correction#property-owners
local-news2 years ago

Watertown's Controversial Reversal: Parking Spaces Restored

Property owners and some city council members in Watertown, New York, were caught off guard by the installation of large concrete planters that took away parking spaces in downtown. The city planner claims that the plans have been public for two years, but the previous owner of the building and council members say they were not aware of the planters or the loss of parking. City taxpayers will now have to pay nearly $40,000 to remove the planters and add two ADA-accessible angled parking spots.

via WWNY|
#city-council#concrete-planters#local-news
legal2 years ago

Supreme Court delivers victories in home equity and foreclosure cases.

The U.S. Supreme Court has ruled that the practice of home equity theft, where private investors keep all the profits after selling a home due to unpaid taxes, violates the constitutional rights of property owners. The decision affects homeowners in 12 states, including Nebraska, where a bill is awaiting final approval to end the practice. The case centered on a 94-year-old woman who lost $25,000 in equity, and a spot check found 9,000 homeowners who lost over $800 million. The ruling is being hailed as a victory for property owners, especially seniors who could lose their homes and life savings.

via WOWT|
#home-equity-theft#legal#nebraska
real-estate2 years ago

"Florida Property Owners Share Secrets to Removing Squatters Safely and Effectively"

A Florida landlord, Patti Peeples, is launching a website, PushOutSquatters.org, to assist other property owners with squatters after she spent thousands of dollars to remove illegal residents from her own property. The website will present the risks associated with squatting, the rise in frequency, and offer resources for those attempting to get squatters out, including everything from security resources to legal resources on how to review state statutes. Peeples plans to sell hats and t-shirts with the website’s logo featuring a stick figure kicking another stick figure out of a house to lobby state legislators for better laws.

via Fox News|
#florida#fraudulent-leases#legal-resources
crime2 years ago

Winona Police Department's Latest Request in Search for Missing Madeline Kingsbury

The Winona Police Department and Winona Emergency Manager are requesting property owners in Winona and Filmore Counties to report old wells, homesteads, windmills, windmill bases, and accessible sinkholes that are not available in records to aid in the search for missing woman Madeline Kingsbury. Property owners are also asked to place a blue check mark in an easily visible location if they consent to having their property searched. Volunteers will only look for Kingsbury, signs of a disturbance, or something out of the ordinary, and will tie a blue ribbon around a mailbox or post to indicate that the property has been searched. Safety is emphasized as a top priority.

via KTTC|
#crime#missing-person#property-owners
finance2 years ago

"Top Banks Successfully Manage Commercial Real Estate Risks"

Regional banks have been under scrutiny since the collapse of Silicon Valley Bank, with uninsured deposits and cash levels being weighed. The next concern for these banks could be commercial real estate lending, as post-pandemic changes in how we work and shop are leaving vacancies across the country. Experts warn that if a recession arrives, large numbers of property owners could default on their loans.

via Barron's|
#commercial-real-estate#finance#loans
real-estate2 years ago

Expert advice for New York homeowners battling squatters.

New York property owners face state laws that forbid them from locking out squatters or turning off utilities, making it difficult to deal with the growing problem of squatters. Squatting is often considered a civil matter that relies on the courts for eviction, and squatters are provided protections from attempted evictions by homeowners. To properly evict a squatter, the owner must serve a 10-day notice to vacate the property, and after 10 days, the owner can go to court and seek holdover eviction.

via Fox News|
#eviction#legal-issues#new-york