October 18, 2009 |
With Americans' credit scores plunging after record numbers of mortgage and credit card delinquencies, companies that promise quick fixes -- eliminating negative information in credit bureau files -- are proliferating, federal officials say. The pitches are especially attractive to home buyers and mortgage applicants because they offer a way to raise credit scores enough to get loan applications accepted, and even qualify for lower interest rates....
February 19, 2013
Re "Home seekers edged out in Inland market," Feb. 17 On the one hand, it is truly heartbreaking to read that the efforts of qualified young professionals to buy homes are being thwarted by investors offering all cash, "some backed by Wall Street war chests. " On the other, it is absolutely revolting that greedy investors are so anxious to flip properties and make even more money that they are cheating the next generation of what they themselves are so lucky to enjoy: homeownership.
February 19, 1991
Medical Properties Inc., an Encino real-estate investment trust with holdings in health care facilities, reported earnings of $423,000 for the quarter that ended Dec. 31, a 2% drop from the same quarter a year earlier. Revenues, mainly from rental properties, were $1.34 million for the quarter, down 1% from $1.36 million a year ago. For the year that ended Dec. 31, Medical Properties' earnings dropped 11% from 1989 levels, to $1.69 million from $1.895 million.
CALIFORNIA | LOCAL
September 19, 1991 |
A plan that would have restricted home sellers to only one sign to direct potential buyers to an open house appears to have crumbled after a lively crowd of about 40 realtors turned out to protest the ordinance at the City Council meeting Tuesday. The restriction, which would have permitted one for-sale sign on properties up for sale and a single open-house directional sign elsewhere, was endorsed by the Laguna Beach Beautification Council and recommended for approval by city staff.
CALIFORNIA | LOCAL
July 10, 1985 |
A Westlake Village company founded by real estate author Albert J. Lowry to sell advice on how to make money now has $2.5 million in debts, few assets and the prospect of bankruptcy staring it in the face, company officials acknowledge. Success Development Institute Inc., which sells tapes and arranges seminars on how to profit from real estate, told its creditors in a letter dated July 1 that it has cash and property worth just $45,500.
CALIFORNIA | LOCAL
June 17, 1988 |
On the premise that Japanese investors are generally shrewd, their enormous holdings of prime commercial property in Los Angeles should be viewed by Angelenos as encouraging and reassuring. Commercial property is a long-term--as well as a relatively illiquid--asset, so investors who acquire and hold it evidently expect the local economy's future to be bright.
May 4, 2003 |
Like most Angelenos I know, you probably wonder where you'd go if you couldn't take it anymore. It would have to be cheap, of course: An old adobe up a winding road outside of Taos. A cabin in a Humboldt County rain forest. A farmhouse in Pennsylvania with a barn out back. There's that town where you rented a house on the beach one time, what was it called?
January 31, 1988 |
HANDS SLICING THE air with the intensity of propeller blades, Mike Glickman can barely contain himself. He is pacing, twirling, pacing again among rows and rows and rows of desks, each grounded by identical white phones and pink bouquets. "If you think like a millionaire, you become a millionaire," he says confidently. "No matter what happens, make it work for you. . . . Before you go to bed at night, write down something you want to accomplish the next day, or a goal you want to reach. . . .
January 15, 1993 |
After making headlines with her multimillion-dollar art-buying spree last year, real-estate heiress Joan Irvine Smith on Wednesday gave a preview of the Irvine Museum she has established to exhibit the bucolic California Impressionist paintings that remind her of the undeveloped Orange County of her youth. "I can see (in the paintings) a California as we will never see it again--California as it was when I was a child," Smith said.