Sentences with phrase «vacant property at»

Many times, the real estate IRA investor can purchase a promising vacant property at a substantial discount to its intrinsic value, which make these properties attractive value investments — especially for those real estate IRA investors who have the capital to upgrade these properties and make them once again attractive to tenants at a reasonable rent.
By Sean Ryan National organizations that focus on eminent domain law are urging the U.S. Supreme Court to rule on a lawsuit over the vacant property at 27th Street and Wisconsin Avenue in Milwaukee.

Not exact matches

Vancouver Mayor Gregor Robertson says $ 17 million has already been collected from owners of almost 8,500 properties that were determined to be vacant or under utilized for at least six months of the year.
Central DuPage Health Systems, which holds an option to buy the 9 - acre vacant site, is scheduled to appear at a public hearing before Glen Ellyn officials on April 11 concerning the property.
Other sustainability and development programs that have been initiated or reformed over the last six years under Governor Cuomo include: · Cleaner, Greener Regional Sustainability Plans · Regional Economic Development Councils · Land Bank Act to convert vacant properties · Legislation to combat zombie properties · Complete Streets design initiative · Upstate Revitalization Initiative · Hudson Valley Farmland Preservation and Southern Tier Agricultural Industry Enhancement Programs · Clean Energy Communities · Brownfield Redevelopment Reform · Historic Preservation Tax Credit · Climate Smart Communities Grants · Community Risk and Resiliency Act Elaine Kamarck, Founding Director of the Center for Effective Public Management at the Brookings Institution and Author of Why Presidents Fail and How They Can Succeed Again said, «Whenever I get a chance to come home I'm always impressed at the rapid progress being made here in the Finger Lakes.
Anyone with information about a vacant property in the city is asked to contact Saratoga Springs Deputy Public Safety Commissioner John Daley at (518) 587-3550, ext. 2631 or at [email protected].
New Yorkers can report vacant and abandoned properties in their communities through a new hotline at the state Department of Financial Services.
Also at noon, IDC Leader Jeff Klein and Sen. Diane Savino, along with community and housing advocates, will unveil «The Great American Bank Robbery,» a report detailing the multi-million dollar price tag abandoned and vacant properties cost communities throughout New York, 250 Broadway, Manhattan.
The comptroller claimed at a Thursday morning meeting of the Association for a Better New York, a group of the city's financial leaders, that the administration had missed out on funding and opportunities by failing to start a public land bank to manage and develop the 1,175 vacant city - owned properties across the five boroughs.
The city will pay to refurbish vacant commercial storefronts at NYCHA properties so they can be rented, and increase revenues from parking by increasing the rates paid by the 10,000 resident permit holders and by selling permits to non-residents.
City Councilman Dan Halloran (R - Whitestone) laced up his working boots Tuesday morning and took to the vacant lot near the intersection of an abandoned corner property, at 24 - 19 Francis Lewis Blvd. in Whitestone, alongside property owner Robin Singh to help spread -LSB-...]
Hosler established the At - Risk Property Task Force in 2016 to address the large number of vacant, abandoned and zombie properties in the town.
He said it was a «crime» that 300,000 properties had been vacant for more than six months, equivalent to two years» new housing supply, at a time of a chronic housing shortage.
For decades, vacant property above 110th St. in Manhattan, where there is a high concentration of warehoused property, was taxed at a lower rate than properties elsewhere in Manhattan.
Syracuse officials are accusing the ownership of three vacant gas stations at a southern entrance to the city of blocking the properties» sale in the name of competition.
Councilmember Tony Avella, a Queens Democrat running for mayor, is working on a bill aimed at stopping landlords from keeping vacant property off the market.
«Too many communities across this state are still plagued by the blight of vacant and abandoned properties, while at the same time suffering from a critical shortage of affordable housing,» Schneiderman said in a statement.
Pew looked at 12 school districts and reported that 267 properties had been sold, leased or reused, while 327 remained vacant.
I have two questions: A property we're looking at has been on and off the market as a short sale for 3 - 4 years (without selling), and has been vacant for most (if not all) of that.
Up to 15 % of the portfolio may be invested in development projects, and vacant property purchases are also possible — I suspect joint venture (JV) investments are more likely at this point.
Which is why in some cases you can move into a vacant property and have a big flea emergence all at once.
A Buyer's agent and a potential buyer look at a property and there is a vacant house or mobile home on the lot or acreage.
159 (1) The buildings and structures located on a unit or on the common elements of a vacant land condominium corporation, whether or not the buildings and structures had been constructed at the time of the registration of the declaration and description, are real property and form part of the unit or common elements respectively.
Because vacation homes are often vacant for weeks or months at a time, they have a higher risk for burglary and property damage.
We've confirmed that there are, in fact vacant units at that property as of this morning, but the snag may be that a portion of the units in the community are subsidized.
We are quite experienced at insuring commercial and residential properties at every stage of development — from vacant land to completed, occupied structure.
To demonstrate the calculation of the GRI consider a two unit property with the one unit (unit A) currently renting at # 500 per month with one more year before the expiration of the lease and the other unit (unit B) being vacant.
This past weekend I focused on looking at vacant properties on the code violation list, using the old worst house in a great neighborhood.
The Class - B office property was 50 % vacant at the end of September.
Approximately 9,400 square feet at the property is currently vacant.
«We realized that there were tens of thousands of government - owned properties that are vacant and abandoned that are not bringing in any tax revenue,» says Jennifer Shockley, assistant director of public policy and political affairs at the Pennsylvania Association of REALTORS ®.
The success at Prairie Court led to other earthquake - related projects, including Colfax Village Apartments, a half - vacant, 108 - unit property in North Hollywood that Starpoint acquired in 1996.
In fact, in late 2003 Divco West partnered with real estate investment advisor RREEF to acquire Market Center in San Francisco for about $ 104 per sq. ft.. At the time, the two - building, 770,000 sq. ft. property was about 80 % vacant; today it's 60 % occupied, Shiff says.
If the property is vacant and you will have to lease it up make sure you get compensated for it at least and are not paying for a fully occupied property.
Typically if you buy non-owner occupied and the property is vacant at the time of the purchase, the lender will get a rental comp.
People soon realize that the offer at hand is usually better than the expense of carrying a vacant property through the winter.
It gets dark very early at that time of year, and I've been in enough long - vacant properties in «up and coming» neighborhoods to know that being in one after dark is not my idea of a good time.
The property can also be purchased separately at $ 19.5 million for 1.88 acres, including the mansion, and $ 9.5 million for the adjoining 1.88 - acre vacant lot.
Here's my location test: If I had a temporary reason to move out of my house (hurricane blows off roof, fire damage, etc.) would I be comfortable moving my family into this property / neighborhood on a temporary basis, if it were vacant at the time I had that emergency?
And the reason that I have to use a pro forma on this property is because it was a gut rehabilitation that had been vacant for at least twenty years.
This vacant land is and on a lot of 10,454,400 sqft (or 240 acres) with This property was listed on Zillow on 03/21/2018 and has been priced for sale at $ 1,800,000.
«At the time, the property was 20 percent vacant, the note was due and the balloon payment had to be made.»
All types of real estate, including residential property (e.g., town homes, condominiums, cooperative apartments and single - family homes), commercial and industrial property, vacant land and even boat slips are sold at auction.
A vacant land data input form signed at the same time as the listing agreement showed that the property was a «desirable treed building site just minutes from Tillsonburg» and that the buyer would be responsible for installing a well and septic system.
I am in the other Upstate up in Yankee land but what I've noticed with a vacant that has a pile of paperwork from the bank at the door is that the house is already in the forclosure process and not worth the time since it most likely has a mortgage Balance higher than the value of the property.
Should a property not be sold at «Upset Sale» (usually because it has a big mortgage or it is a mobile home or because it is vacant land), then the property is to be exposed for sale in the next «Judicial Sale»; the «Judicial Sale» is the only sale where all encumbrances are wiped out, and payment of the taxes gives you the property free of all other encumbrances of record.
This vacant land is and on a lot of 43,255 sqft (or 0.99 acres) with 0 bedroom This property was listed on Zillow on 03/19/2018 and has been priced for sale at $ 245,000.
The City of Toronto is looking at introducing a vacant home tax, but the Toronto Real Estate Board says the tax is premature and undermines private property rights.
I dealt with two different vacant properties where the pipes burst within the first couple days after purchasing at auction, and it added about $ 10k of cost for dealing with it but overall the deals had enough room to absorb that fixup cost and still work out well.
The normal tax rate at 0.85 % of the properties value, a 5 % tax rate for vacant properties, and a 10 % rate for blighted properties.
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