Real Estate Investors

Timeshare Prices Plummet to $1

Unable to sell his parents’ ocean-front timeshare for the past year, David Suder became so fed up he offered to give it away. They paid $8,000 for the Orange County, Calif. unit a decade ago, but since there are no willing buyers, and his 81-year-old mother, now a widow,  …

Michael Jordan's Mansion For Sale

Chicago-area real estate mavens Baird & Warner listed the three-level Highland Park, Ill., residence on Wednesday, so I'm trying to move fast.

President Obama Proposes New Help for Troubled Mortgages

President Obama on Friday proposed to sweeten a deal from Washington to entice banks to modify payments, lower loan principal, and expand eligibility in order to help more of the 11 million American families sinking under their mortgages.

Tactics to Fight Foreclosures: Borrowers keep homes without paying

Among the tactics: Challenging the bank's actions, waiting to file paperwork right up until the deadline, requesting the lender dig up original paperwork or, in some extreme cases, declaring bankruptcy. Nationwide, the average time it takes to process a foreclosure -- from the …

NFL Team Surprise Marine's Widow And Son With A New House

Marine Scott Wood died four weeks ago after suffering injuries during combat in Iraq. Before his burial, his wife dressed him in two uniforms. On the outside, Scott wore his military dress blues. Underneath, he wore the blue No.

Mother of 6 Trades in $96k House for Used Minivan

A mother living in Detroit has traded in her four-bedroom home for a 2006 minivan.

Warren Buffett to Congress: Stop coddling the super-rich

Billionaire Warren Buffett urged lawmakers to raise taxes on the country's super-rich to help cut the budget deficit, saying such a move will not hurt investments. "My friends and I have been coddled long enough by a billionaire-friendly Congress.

Black Man Buys $300k House For $16, Neighbors Upset

A Texas man took advantage of a little-known provision in state law and now has a whole neighborhood mad at him. Kenneth Robinson, who many are looking at as either a hero or squatter, recently landed an abandoned home worth $300,000 for $16.00.

Ohio Man Bulldozes $350K Home to Avoid Foreclosure

An Ohio man says he bulldozed his $350,000 home to keep a bank from foreclosing on it.

Chance To Live Next Door To Obamas

The 17-room house next door to his home in a ritzy neighborhood on the city's south side is on the market. It doesn't have a price tag yet, but the listing agent expects the "Obama factor" to play a role.

Real Estate Investors

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