• Mortgage underwriting rules eased for seniors with assets

  WASHINGTON - Here's a heads-up for the growing ranks of seniors whose post-retirement monthly incomes aren't sufficient to qualify for a mortgage under today's tough underwriting standards: Thanks to a rule change by the largest players in the home loan business, you may be able to use imputed income from your 401(k), IRA and other retirement assets to qualify for the loan you ...

• Honoring a lease cuts both ways

  When a year's lease is signed, a landlord generally can't evict renters early because of a sale; similarly, renters are generally required to pay rent even after they move ...

• Homeowner cant re-vote mail-in ballot after candidate withdraws

  In an election for a homeowners association board member, it is illegal to pull a ballot that has been mailed in; the Davis-Stirling Act prohibits ...

• A-Rod sells Miami estate for $30 million

  Major-league slugger Alex Rodriguez has hit another one out of the park -- this time selling his estate for $30 million in one of the biggest sales on record in Miami ...

• Special-edition video game costs $188700

  Not a video game (Credit: Codemasters) Think $60 is too much for a video game? Then you probably can't afford the 'BAC Mono Edition' of Codemasters' upcoming racer, Grid 2. ...

• State Farm development Lots of jobs less parking for ASU students

  The planned $600 million-State Farm Insurance regional headquarters that Tempe city officials confirmed today may bring thousands of jobs and tax revenues to the state, but for Arizona State University students, it will also mean less parking. The roughly 2,000 parking spots located on the north side of Rio Salado Parkway, just west of Rural Road commonly known as Lot 59 North will be ...

• Unexpected ingredients for amazing barbecue

  The Memphis in May World Championship BBQ Cooking Contest is the largest pork barbecue competition in the world. Over 250 teams battled it out for a $110,000 grand prize and the title of Grand Champion. We met up with the winners and some of America's best pitmasters to learn their secrets for making award-winning ...

• Bahrains GPZ in deal with 1800 workers to end strike

  Bahraini labour ministry has said around 1,800 workers at G P Zachariades (GPZ) contracting firm who went on strike last week, claiming they hadn't been paid for the past two months, have returned to work, Gulf Daily News has reported. "There was an agreement that the company would pay one and a half months salary and the balance would be paid in a couple of days," said the ...

• Kailua businesses await possible sale of Kaneohe Ranch portfolio Slideshow

  The Kalapawai Cafe & Deli is located on Kailua Road at the entrance to Kailua town. Longtime Kailua resident Gloria Garvey is among dozens of local and national businesses owners who are anxiously awaiting the outcome of a possible sale of the Kaneohe Ranch portfolio, which includes most of Kailuas town center. Click on the photo for a slideshow of Kaneohe Ranchs commercial tenants in ...

• Exclusive In surprise General Growth eyes New York office tower

  View Photo Reuters/Reuters - Attendees pass by the General Growth Properties booth during the International Council of Shopping Centers convention in Las Vegas, May 18, 2009. REUTERS/Las Vegas Sun/Steve ...

• Bidder wins $1.5 mil space flight with A-lister

  Leonardo DiCaprio went for $1.5 million at the amfAR Cinema Against AIDS charity dinner in Cannes on Thursday -- and the winning experience is one befitting of Gatsby himself. A lucky bidder paid the massive sum ($1.2 million in euros) for a ride on Sir Richard Branson's Virgin Galactic, which offers commercial flights to space, alongside the "Titanic" star. The package was set ...

• Sports fans hilarious math test answer

  Justin Breen of DNAinfo Chicago had this whimsical hockey story, and spoke with Maggie's teacher. While she didn't quite get what the answer meant at first, Maggie clarified it for ...

• Two arrested for alleged threat to destroy plane

  May 24, 2013. The passenger plane was diverted following an incident on board, and two men were arrested on suspicion of endangerment of an aircraft after an RAF Typhoon jet was scrambled to escort the passenger plane traveling from Pakistan to the UK, police said. (AP Photo / Chris Radburn, PA) UNITED KINGDOM OUT - NO SALES - NO ...

• Atton Hotels opening property in Miami

  South American hospitality company Atton Hotels will open a location in Miami two years from now.The expansion was announced Friday by Gov. Rick Scott, who recently returned from a trade trip to Santiago, Chile.Atton Hotels, founded in 2000, has three hotels in Chile and one in Peru. The Brickell Avenue property will have 270 rooms; an exact address was not available Friday. Scott’s ...

• Tempe City Council to consider State Farm development May 30

  The development agreement for State Farm Insurances massive 2 million-square-foot regional headquarters along Tempe Town Lake which was confirmed after months of rumors today and is reportedly the largest office development in state history will go before Tempe City Council for consideration at its next meeting on May 30, city spokeswoman Nikki Ripley told me Friday afternoon. The city has ...

• WCI Communities files for IPO of up to $150 mln

  May 24 (Reuters) - Luxury home builder WCI Communities Inc filed with U.S. regulators on Friday to raise up to $150 million in an initial public offer of its common ...

• Bad tattoo honoring grandmother gets fixed

  nnWhen Quinten was searching for tattoo shops he encountered a family friend, James Langholz, who had received his tattoo license the previous week. Langholz offered to ink him for a hefty discount charging just $40. Quinten expected to pay at least $100, so took the new tattoo artist up on his offer. When asked what he thought about the artistsu2019 sketch, Quinten told the KATU 2 Problem ...

• Video Do we still need real estate agents

  Real estate reporter Tara Perkins joins Hannah Sung to discuss whether the demand for realtors has changed in recent years and whether it pays to save the commission fee and sell your home yourself. Read more in a full story in Saturday's Report on Business and on ...

• Putin Urges Better Online Intellectual Property Protection

  SOCHI, May 25 (RIA Novosti) - Russian President Vladimir Putin said on Friday a more effective system was needed to protect intellectual property rights on the internet. "Without defending intellectual [property] rights, a great damage will be done," the Russian president said on Friday at a meeting to discuss the development of the country’s film industry. Putin said that ...

• Moving closer to dropping detailed big-box store studies

  Big-box grocery stores are closer to being easier to build in the city of Sacramento, after the planning commission approved elimination of a 2005 ordinance requiring detailed studies for approval. Big-box grocery stores are closer to being easier to build in the city of Sacramento, after the planning commission Thursday approved on an 11-1 vote elimination of a 2005 ordinance requiring detailed ...

• RAIT Financial Trust to Present at NAREIT’s REITWeek 2013

  Investor Relations section under Presentations. For those who are not able to listen to the live broadcast, a replay link will be available on the company's website following the presentation. About RAIT Financial Trust RAIT Financial Trust is an internally-managed real estate investment trust that provides debt financing options to owners of commercial real estate and invests ...

• Furlough Friday Unpaid day off for many in govt

  Forget about advice on avoiding foreclosures at one of the Housing and Urban Development offices nationwide. Roughly five percent of the federal workforce _ 115,000 people at six government agencies _ got an unpaid day off on Friday due to the automatic cuts to the government budget. The furloughs forced some agencies such as the IRS and HUD to drastically scale back operations. (AP Photo/Susan ...

• New clues to Boston suspects mindset

  set off a pair of bombs near the finish line of the Boston Marathon April 15, investigators said they are finding a frustrated young man who felt out of place in the United States. They said Tsarnaev appears to have been largely self-radicalized before arriving in Dagestan in search of a lifestyle that may not have met his expectations either, according to U.S. officials close to or briefed ...

• Save big with these Memorial Day sales

  Memorial Day is Monday, May 27 - the unofficial start of the summer. You're going to find some of the best sales since the start of the year. This Memorial Day weekend actually started in March, ...

• Property tax foes ponder next move

  Bismarck Police are investigating what may have been an accidental shooting from one apartment to the next Wednesday night or Thursday ...

• Trader Joes finds a solution for Pinecrest parking problem

  Trader Joe's removed the front face of the former Borders bookstore to create a second row of parking. When Trader Joe's decided to move into the shell of a former Borders bookstore, it was faced with a troubling problem: Where were the throngs of customers going to park? The bookstore's parking lot was plagued with confusing entrances and one-lane parking. But when there's a ...

• Jessica Simpson lists her 90210 house for nearly $8 million

  Jessica Simpson , who bought a Hidden Hills estate from Sharon and Ozzy Osbourne earlier this year, has put her home in the 90210 ZIP Code up for sale at $7.995 ...

• Real Estate Wonk Scams targeting Baltimore home owners

  Several unscrupulous companies are circulating materials in the Baltimore area that are aimed at taking advantage of homeowners, according to St. Ambrose Housing Aid Center, a Baltimore charity that counsels home buyers and people facing foreclosure. One type of scam sends homeowners a letter ...

• Startling turn as cop arrested in firebombing

  A police officer from Edison, N. J., was arrested Thursday on five counts of attempted murder and one count of aggravated arson in connection with the firebombing of another officer's ...

• Plan to move crime lab from Milwaukee old news

  The State Crime Lab is located in a former grocery store near Mitchell Street. Milwaukee police chief Edward Flynn has every right to express his opinion on the location of a new state crime lab for southeast Wisconsin, as he did Friday, but the idea of locating it outside the city has been on the table since at least March. That was when the state Building Commission, which includes Gov. Scott ...

• Illinois Medical District plans ambitious expansion

  The Illinois Medical District is planning an expansion that could create 2,500 to 4,500 jobs and more than $300 million in new revenue in the next 10 years, according to the Chicago Sun-Times. Plans include the development of 55 vacant acres and building a high-speed fiber optic line linking researchers to the University of Illinois supercomputer and a retail, hotel, restaurant, office and ...

• QA The best global real estate opportunities for investors right now

  For this week's live discussion at Inside the Market, we're joined by Sam Sahn to discuss the best investing opportunities right now in the global real estate sector. Mr. Sahn is a portfolio manager overseeing real estate for Timbercreek Asset Management. The Timbercreek Global Real Estate Fund gained 26.9 per cent in the one year period up to March 31, 2013, excluding the management ...

• McColl Center for Visual Art wins $400000 grant for Brightwalk installations

  The $125 million, 98-acre Brightwalk redevelopment will be home to environmental art installations from the McColl Center for Visual Art. The Brightwalk at Historic Double Oaks neighborhood redevelopment in Charlotte will benefit from a $400,000 grant recently awarded to the McColl Center for Visual Art. The center won the funding from ArtPlace America for its plans to use Brightwalk for a grant ...

• Edmonton property tax notices mailed out Friday due June 30

  EDMONTON - Edmonton property taxes are due in about a month after the city mailed out 340,000 tax notices Friday.The total levy on the typical $364,000 home is $2,847, up about three per cent or $82 from last year, assessment and taxation manager Rod Risling said.Taxes are due June 30. The city will collect $1.5 billion, with $400 million required to be sent to the province to help cover ...

• Property manager admits stealing rent payments

  A property manager on Friday admitted stealing nearly $30,000 in rent payments from two New York City property owners, using the stolen money to support her gambling habit, according to the Erie County District Attorney’s Office.Brenda J. Puccia, 54, of Ontario Street, pleaded guilty to fourth-degree grand larceny and first-degree scheme to defraud before Erie County Judge Thomas P. ...

• A-Rods $30M mansion sale sets record in Miami Beach

  Slugger Alex Rodriguez's $30 million mansion sale sets record on Miami Beach. Two local residential brokerages are now confirming the $30 million sale of Alex Rodriguezs mansion in Miami Beach. Mayi de la Vega, CEO, founder and estate agent at ONE Sothebys International Realty, and Arlene Susy Dunand represented A-Rod in the sale to a Palm Beach buyer. "The demand for trophy homes ...

• New foreclosure lawsuits include Weston shopping center

  The Waterways Shoppes II in Weston is facing a foreclosure lawsuit. Even retail centers in Weston, one of the wealthiest cities in South Florida, aren't immune to foreclosure as the owner of the Waterway Shoppes II found out. That is among two new big commercial foreclosure lawsuits and five foreclosure auctions in the region. Wells Fargo Bank, representing a commercial mortgage-backed ...

• City focusing on attracting retail to parking garage

  City officials think retail space the city owns near Cesar Chavez Park is going to be attractive, with a renovation project for a garage in the same building beginning next week. City officials think retail space the city owns near Cesar Chavez Park is going to be attractive, with a renovation project for a garage in the same building beginning next week. Denise Malvetti, a senior project ...

• Frank L. Blum celebrates growth 90th anniversary

  Frank L. Blum Consturction Co. celebrated its 90th anniversary Thursday. Fun fact: Frank L. Blum Construction Co. is older than sliced bread, ballpoint pens and color television. The Winston-Salem-based general contractor celebrated its 90th anniversary in style Thursday evening at the Milton Rhodes Center for the Arts downtown, which Blum renovated about four years ago. The contractor, which ...

• video The Accidental Landlord

  "Accidental landlords" emerge as people decide to rent their homes instead of doing a short sale or a foreclosure. CNBC's Diana Olick, offers ...

• Three celeb looks that wow — and three that bomb

  The Cannes Film Festival is not only a place for Hollywood's A-listers to present their latest projects, but it's also a venue where the most glamorous stars can shine on the red carpet! While some celebs wow us with their selections, even with the help of stylists, it's easy to fall prey to fashion misses. So, who earned high marks on our red carpet report ...

• Carrie Underwoods generous donation to Oklahoma

  Carrie Underwood is another Hollywood star that puts her money where her mouth is. The Grammy winner announced she's donating $1 million in proceeds from her recent Blown Away Tour to the Red Cross for tornado relief efforts, the AP reports. "I have watched the devastation in my home state of Oklahoma over the past several days with great sadness," Underwood said in a statement. ...

• Google eyes Waze as Facebook circles hot Web maps property

  Fri May 24, 2013 2:18pm ...

• More development in Kensington

  A 311-unit apartment complex has been approved for South Kensington. Paul Rabinovitchs Canus Corp. got the green light earlier this week to move forward with Soko Lofts at the former Absco Inc. steel site at 2nd and American streets in the South Kensington section of Philadelphia. I met Rabinovitch at One Shot Cafe to learn about his vision for South Kensington and why he's looking to invest ...

• More development in Kensington

  A 311-unit apartment complex has been approved for South Kensington. Paul Rabinovitchs Canus Corp. got the green light earlier this week to move forward with Soko Lofts at the former Absco Inc. steel site at 2nd and American streets in the South Kensington section of Philadelphia. I met Rabinovitch at One Shot Cafe to learn about his vision for South Kensington and why he's looking to invest ...

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