Author Archive

20 May 2012

Real estate transactions for May 20

$2,000,000 Twin Rivers II LC to Estates at Twin Rivers LLC, Twin Rivers, O.R. Book 02419 Page 6745, May 11.

$1,600,000 Anchor Builders of Southwest Florida Inc to Murchie Tunney S, Murchie Deanna L, Lot 13 Blk C Concession, O.R. Book 02419 Page 0809, May 7.

$1,550,000 Maurjon General Partnership to Argyros George Jr, Lot 28 Lakewood Ranch Country Club Village, O.R. Book 02419 Page 4357, May 9.

$1,021,000 Boyd Jeffrey T, Boyd Kim H to Esposito Joseph S, Esposito Janelle L, Blk A J J Stewarts, O.R. Book 02419 Page 2483, May 8.

$850,000 CSB Washington Crossing DPC Holdings LLC to 2550 Tr LLC, Pt 31-35-18, O.R. Book 02417 Page 7021, April 27.

$850,000 Padget David B, Padget Beverly A to Whittaker Donald J Jr, Dunne Marjorie M, Lot 35 Harbour Landings Estates, O.R. Book 02419 Page 2827, May 8.

$833,500 PFG LLC to Richards Patricia, Lot 28 Sarabay Estates, O.R. Book 02419 Page 1637, May 7.

$620,000 Drzewucki Ron, Drzewucki Ronald R to Taub Philip S, Taub Ellen, Lot 72 Lakewood Ranch Country Club Village, O.R. Book 02419 Page 6157, May 10.

$605,000 Kerr Dorothy E to Hasler Edward, Hasler Karen, Blk A Gulf View, O.R. Book 02417 Page 7653, April 27.

$600,000 Moore Mary Joan Prouty, Mary Joan Prouty Moore Living Trust to Kramer Edward M, Kramer Mary Bm, Lot 19 Edgewater Village, O.R. Book 02419 Page 1150, May 7.

$565,000 Garzarelli David M, Garzarelli Laurie L to Guilmartin Welles, Guilmartin Lillian, Lot 23 Lakewood Ranch Country Club Village, O.R. Book 02419 Page 0949, May 7.

$557,200 Leonard Ronald, Leonard Karen to Kutcher Eugene, Kutcher Barbara K, Lot 50 Lakewood Ranch Country Club Village, O.R. Book 02417 Page 6918, April 27.

$550,000 Pacer Marine Inc to Citrolux LLC, Blk Ii Saunders Road Industria, L Park Ad, O.R. Book 02417 Page 7785, April 27.

$550,000 BAMR LLC to Allen Barry I, Allen Cecelia G, Peninsula at Riviera Dunes, O.R. Book 02419 Page 5610, May 10.

$550,000 Bon Apart Real Estate Inc to Clausen Stephen R, Clausen Diane K, Lot 14 Lacios, O.R. Book 02419 Page 6454, May 11.

$550,000 Travetto Rose Marie, Harris Vicki Lynn, Travetto Ettore to Lyerly Ruth L, Ruth L Lyerly Revocable Living Trust, Lot 17 Blk 3 Anna Maria Beach, O.R. Book 02419 Page 5025, May 9.

$540,000 Durlach Klaus A to Cayo Angelo, Lot 12 Bay Palms, O.R. Book 02419 Page 4096, May 9.

$535,000 Nilsson Lars, Nilsson Gunnel Faxen to Edelman Julie, Lot 14 Lakewood Ranch Country Club Village, O.R. Book 02417 Page 7325, April 27.

$532,000 Ware Earl H Jr to Fitzgibbons Joseph L, Fitzgibbons Ann M, Tiffany Plaza Unit 302, O.R. Book 02419 Page 7380, May 11.

$529,000 Spinwell Laguna LLC to Johnson Jeffrey P, Johnson Christine S, Laguna Yacht Village Unit 4, O.R. Book 02419 Page 6758, May 11.

$525,000 Corney Judith R, Corney Alan to Lees Albert E III, Lees Cindy D, Whitney Beach III Unit 306, O.R. Book 02419 Page 0975, May 7.

$465,000 Strosser Mark P, Strosser J Victoria to Digioia Anthony J, Digioia Barbara J, Lot 312 Riverdale Revised, O.R. Book 02419 Page 2932, May 8.

$465,000 Vining C Timothy to Cannata Michael, Cannata Sandra, Lot 4 Palma Sola Pointe, O.R. Book 02419 Page 2930, May 8.

$457,500 Lennar Homes LLC, Lennar Homes Inc to Ryan Michael R, Ryan Michelle L, Lot 4046 Heritage Harbour, O.R. Book 02417 Page 7135, April 27.

$456,000 Towne Realty Of West Florida Inc to Topper Philip A, Topper Carmen C, Lot 112 Greenbrook Village, O.R. Book 02419 Page 1821, May 7.

$455,000 Lennar Homes LLC, Lennar Homes Inc to Hicks James E, Hicks Janice M, Lot 4016 Heritage Harbour, O.R. Book 02417 Page 7075, April 27.

$440,000 Calabrese Richard J, Calabrese Susan L to Martie John W, Martie Donna M, Summer Sands Unit 103, O.R. Book 02419 Page 2804, May 8.

$435,000 Hendrickson David J, Hendrickson Bonnie K, David J Hendrickson and Bonnie K Hendrickson Revocable Living Trust to Lipker Carol, Lipker Dwain, Lot 6 Magnolia Hammock at University Place, O.R. Book 02417 Page 6895, April 27.

$435,000 Lennar Homes LLC, Lennar Homes Inc to Desouza Savio Anthony, Kilner Barbara Dianne, Lot 4057 Heritage Harbour, O.R. Book 02419 Page 7190, May 11.

$435,000 Moser Robert D, Wolfe Julie I to Sandt Ronald, Sandt Marsha, Lot 7 Blk 24 Shore Acres Fourth Addition, O.R. Book 02419 Page 5032, May 9.

$432,000 Shaffer Kurt, Suarez Jose L to Jenkins Robert J, Jenkins Vilda, Lot 71 Greenbrook Village, O.R. Book 02417 Page 7433, April 27.

$430,000 Lassig Ann to Yaverbaum Harry I, Yaverbaum Gayle J, Lot 13 Kenwood Park, O.R. Book 02419 Page 2830, May 8.

$425,000 MMA Land Development LLC to Eyer James W Jr, MMA Townhouses Unit A, O.R. Book 02419 Page 2287, May 7.

$425,000 MMA Land Development LLC to Eyer James W Jr, MMA Townhouses Unit B, O.R. Book 02419 Page 1306, May 7.

$425,000 Twin Rivers II LC to Tr Investor LLC, Pt 2-34-19, O.R. Book 02419 Page 6748, May 11.

$425,000 Verola Nicholas W, Verola Sandy to Chalstrom John A, John A Chalstrom 2002 Declaration of Trust, O.R. Book 02419 Page 6724, May 11.

$410,000 Lobdell Marjorie A, Lobdell Family Trust to Colby Everett, Gordon R Pike 2012 Family Trust, Pike Gordon R 2012 Family Trust, Westchester Apartments Unit 302, O.R. Book 02419 Page 1933, May 7.

$409,400 Stone Walk LLC to Rains Larry O, Rains Susan B, Lot 67 Stone Walk, O.R. Book 02419 Page 1828, May 7.

$407,500 Faull Steven J to Lequeux Veronica, River Club South, O.R. Book 02419 Page 5614, May 10.

$399,000 Boyatt Robert C to Langley Randall B, Langley Charlotta Z, Lot 44 Sleepy Lagoon Park No 2, O.R. Book 02419 Page 1146, May 7.

$399,000 Minto Bradenton LLC to Regan John T, Warnowicz Linda J, Mangrove Walk on Harbour Isle, Unit 320 C, O.R. Book 02419 Page 2219, May 7.

$381,230 Taylor Morrison of Florida Inc, Taylor Woodrow Homes Florida Inc to Granquist Lance E, Granquist Kathleen A, Lot 73 Esplanade, O.R. Book 02419 Page 1079, May 7.

$375,000 Townsend Jack to Miller Joshua, Lot 3 Blk 17 Anna Maria Beach, O.R. Book 02419 Page 1993, May 7.

$370,000 Preservation Trust Services LLC to Iacobelli John L, Iacobelli Deana M, Lot 84 Greenbrook Village, O.R. Book 02417 Page 7234, April 27.

$369,000 Foster Douglas E to Sommers Joshua L, Sommers Krystle, Lot 41 Blk D 4 Summerfield Village, O.R. Book 02419 Page 7446, May 11.

$365,000 Horne Charles J Jr, Horne Carol Ann to Ryan Glenn E, Ryan Nancy L, Blk 11 Pomello City Central Unit, O.R. Book 02419 Page 5904, May 10.

$365,000 Madden Fred H, Fred H Madden Revocable Trust to Collis Robert, Collis Nora, Spanish Main Yacht Club Unit 67, O.R. Book 02419 Page 3812, May 8.

$362,500 Brinkmann Charles A, Brinkmann Sherry D to Best John M, Best Linda D, Lot 196 Palmetto Skyway Replat, O.R. Book 02419 Page 4963, May 9.

$360,000 Hanson Jerry, Hanson Janice to Archer John, Archer Susan, Lot 25 Lakewood Ranch Country Club Village, O.R. Book 02419 Page 5790, May 10.

$350,100 Heller 301 Partners LLC, Higgins Engineering Inc, Falcone Arthur J, Falcone Edward W, City National Bank of Florida to CNB Re1 Holdings LLC, 2011-Ca-000958, O.R. Book 02419 Page 4947, May 9.

$350,000 Jurney Ralph, Jurney Connie L to Lucas Ray, Lucas Carol, Lot 19 Lakewood Ranch Country Club Village, O.R. Book 02419 Page 6080, May 10.

$349,950 Calo Betty S to Albano Francis, Albano Cynthia J, Lot 360 Riverdale Revised, O.R. Book 02419 Page 6127, May 10.

$338,909 Stirling Equity Group LLC Florida to Ewing Chow David A, Ewing Chow Suzanne A, Lot 160 Blk C Country Club East at Lakewood Ranch, O.R. Book 02419 Page 0841, May 7.

$335,000 Betts Donald W, Betts Roswita H to Zeidler Robert G, Zeidler Jennifer J, Lot 104 Wilderness, O.R. Book 02419 Page 1264, May 7.

$335,000 Bruce Jeremy, Bruce Lynda Janet to Wallace James Robert Jr, Wallace Laurie J, Lot 19 Forest Creek, O.R. Book 02419 Page 6862, May 11.

$325,000 Ris Bernard H, Ris Sharron L to Mcphail Kevin C, Westbay Point and Moorings Ii Un, It 185, O.R. Book 02419 Page 6445, May 11.

$313,000 Nourie Bruce L, Nourie Wilma A, Bruce L Nourie Revocable Trust to Resetarits Michael Robert, Mrr Assets Trust, Moorings at Edgewater II Unit, 102, O.R. Book 02419 Page 3682, May 8.

$301,000 Price Stephen A, Winding River Homeowners Association Inc, Price Joanna T to Suntrust Mortgage Inc, Lot 1028 Winding River 2010-Ca-00258, O.R. Book 02419 Page 4845, May 9.

$300,000 Ryskamp Jeralyn G, Ryskamp Bruce, Jeralyn G Ryskamp Living Trust to Wiersma William E, Vera Pamela J, Bayside Terraces of Wild Oak B, Ay Unit 131, O.R. Book 02417 Page 7550, April 27.

$300,000 Watanabe Scott M, Watanabe Catherine R to Schweitz Robert Michael, Schweitz Judith Renee, Robert Michael Schweitz and Judith Renee Schweitz Revocable Trust, Lot 38 Ashley Trace at University Place, O.R. Book 02419 Page 1021, May 7.

$294,875 Central Park Lifestyles LLC to Spade Michael D, Spade Shanna M, Lot 13 Central Park, O.R. Book 02419 Page 6217, May 10.

$290,000 Guengerich Joshua, Guengerich Terah to Rasmussen Ryan J, Lot 13 Blk 4 Mandalay, O.R. Book 02419 Page 6699, May 11.

$289,900 Fifth Third Mortgage Company to Milner William C, Milner Camela C, Lot 42 Magnolia Hammock at University Place, O.R. Book 02419 Page 4251, May 9.

$285,000 Medallion Home at Gamble Creek LLC to Benson Arthur W Jr, Benson Loretta Jean, Lot 127 Gamble Creek Estates, O.R. Book 02419 Page 4725, May 9.

$279,000 Issa Mohammed, Issa Nasrene to Berthoty Gary, Lot 180 Carlyle at The Villages of Palm Aire, O.R. Book 02419 Page 2247, May 7.

$277,800 IH Central Florida LLC to Ramos Dennis, Ramos Christine, Lot 19 Moccasin Wallow, O.R. Book 02419 Page 4305, May 9.

$276,500 Promenade Bradenton LLC Delaware to Korzen Joan M, River Dance Unit 701, O.R. Book 02417 Page 6783, April 27.

$275,000 Santacroce Leo, Leo Santacroce Revocable Trust to Bers Andrew M, 5601 Gulf of Mexico Drive Apartments Unit 4, O.R. Book 02419 Page 3137, May 8.

$275,000 Spellacy Michael I, Spellacy Regina A to Robbins Terry Wayne, Lot 9 Blk D Bay Beach, O.R. Book 02419 Page 6886, May 11.

$270,000 Oh Sang Taek, Yoon Myoung to Banfill Sean T, Banfill Amy E, Lot 4392 Heritage Harbour, O.R. Book 02417 Page 6897, April 27.

$269,900 Promenade Bradenton LLC to Teem 2 LLC, River Dance Unit 718, O.R. Book 02419 Page 6958, May 11.

$265,000 Anna Maria LLC to Mpt Properties LLC, Tradewinds Unit 35, O.R. Book 02417 Page 7070, April 27.

$260,000 Feldman Ernest R, Feldman Ruth to Parker Ronald M, Parker Linda G, Lot 132 Palm Aire at Sarasota, O.R. Book 02417 Page 7269, April 27.

$260,000 Thibault Roger E, Thibault Mary L to Duguay Gilles Joseph Etienne, Turcotte Jocelyne, Lot D-72 Rosedale Highlands, O.R. Book 02417 Page 7252, April 27.

$260,000 Jotham Timothy, Jotham Kimberly to Nicolella Robert, Nicolella Carmella, Lot 24 Woodridge Oaks, O.R. Book 02419 Page 2707, May 8.

$257,500 Beale Eileen H, A Claire Thibodeau Revocable Living Trust, Thibodeau A Claire Revocable Living Trust to Choate William E, Choate Cathy A, Lot 2 Blk 18 Palma Sola Park, O.R. Book 02419 Page 6139, May 10.

$255,500 US Bank National Assocaition, Wachovia Bank, JP Morgan Mortgage Trust 2005 A6 to Reed Antony, Lot 53 Greenbrook Village, O.R. Book 02419 Page 4199, May 9.

$255,000 Branch Banking and Trust Company to Wenzel John W, Pt 7-36-22, O.R. Book 02419 Page 1680, May 7.

$255,000 Cegnar Stanislav, Cegnar Angela M to Petersen Ronald E, Petersen Valentyna, Lot 250 Riverdale Revised, O.R. Book 02419 Page 6197, May 10.

$253,087 Central Park Lifestyles LLC Florida to Hammon Daniel D, Hammon Amy, Lot 247 Central Park, O.R. Book 02419 Page 2440, May 8.

$252,500 Sunseri Brion A, Brion Andre Sunseri Revocable Trust to Cole James C, Cole Laura Weed, Lot 98 Greenbrook Village, O.R. Book 02419 Page 4371, May 9.

$245,000 McFail Muriel E, McFail Robert Edward Jr, Gardner Jacquelyn Grace, Gardner Jacquelyn McFail, McFail Michael Patrick to Patel Hemnalini R, Lot 36 Blk D Luana Isles, O.R. Book 02419 Page 1305, May 7.

$245,000 Morin Thomas R, Morin Elizabeth E to Fulton Thomas N, Fulton Barbara J, Lot 1076 Cascades at Sarasota, O.R. Book 02417 Page 6321, April 27.

$241,355 Suarez Central LLC to Dienna Denise E, Dienna Matthew Sr, Dienna Louise, Dienna Matthew, Lot 4 Lexington Addition, O.R. Book 02419 Page 1404, May 7.

$240,100 Myers Robert T, Myers Barbara, First Bank, Coast Bank, Wells Fargo Bank, Regions Bank, Regions Mortgage to Federal National Mortgage Association, Blk J Bayway Park 2010-Ca-008016, O.R. Book 02417 Page 6566, April 27.

$240,000 Holderness Michael B, Michael B Holderness Revocable Trust, Holderness Judith, Judith Holderness Revocable Trust to Santoro Salvatore, Santoro Janet, Lot 13 Blk D Whitfield Industrial Park, O.R. Book 02417 Page 7039, April 27.

$236,000 Allen George F, Allen Karen H to Olsen Lorne G, Olsen Mary Ann, Lorne G and Mary Ann Olsen Revocable Trust, Lot 51 Lakewood Ranch Country Club Village, O.R. Book 02419 Page 5311, May 10.

$235,100 Provident National Property Group LLC to Fox Roxanne B, Zack Richard C, Lot 15 Woodbrook, O.R. Book 02419 Page 4083, May 9.

$230,000 White Anthony Craig, White Diane Marie to Miller Joyce Darrel, Miller Darrell, Coach Homes II at River Strand, Unit 2401, O.R. Book 02419 Page 0839, May 7.

$225,200 Daignault Elizabeth S, Daignault Elizabeth, Heritage Harbour Master Association Inc, Stoneybrook at Heritage Harbour Community Association Inc, Daignault Brian M, Diagnault Brian, Daignault Brian to Citibank, American Home Mortgage Assets Trust 2006 4, Lot 817 Stoneybrook at Heritage Harbour 2009-Ca-000526, O.R. Book 02419 Page 4843, May 9.

$222,300 Cargor CM Property Investments Inc to Samler Robert G, Samler Helen L, Lot 2016 Country Meadows, O.R. Book 02419 Page 1864, May 7.

$221,000 Gold Mil Ellenton Holdings H LLC to Heil John R, Heil Barbara W, Lot 118 Bougainvillea Place, O.R. Book 02417 Page 7665, April 27.

$220,000 Sp1 Inc to Santiago Crystal R, Santiago Luis, Lot 76 River Plantation, O.R. Book 02419 Page 2782, May 8.

$219,900 Savannah Preserve Inc to Cataffo Linda M, Savannah Preserve at University Place Unit 8037, O.R. Book 02419 Page 1103, May 7.

$216,200 Gallagher Alex R, Gallagher Marli, Baxter Credit Union, Earley Joel, Snell Dana, Wells Fargo Bank, Wells Fargo Home Mortgage Inc to Baxter Credit Union, Lot 17 Blk 13 Ilexhurst 2010-CA-004553, O.R. Book 02417 Page 6545, April 27.

$215,000 Taub Philip S, Taub Ellen to Brown Stephanie Willis, Lot 90 Riverwalk Village, O.R. Book 02419 Page 4402, May 9.

$212,500 Realnor Properties Inc to Italombia Property Group LLC, San Marco Plaza Unit 10, O.R. Book 02419 Page 7222, May 11.

$210,000 Courneya Mary A, Murphy Judith A to Tenenbaum Henry A, Lot 10 Harborage on Braden River, O.R. Book 02419 Page 1002, May 7.

$209,900 Tomlin Hedy S, Tomlin Edward L to Conohan Anita, Conohan John, Lot 4 Tara, O.R. Book 02419 Page 6193, May 10.

$208,365 Provident National Property Group LLC to Welty Allen J, Welty Carolyn A, Lot 2 Woodbrook, O.R. Book 02419 Page 4023, May 9.

$206,000 Noble Diane to Anderson Neil, Laguna at Riviera Dunes I Unit, 308, O.R. Book 02419 Page 3133, May 8.

$203,760 Provident National Property Group LLC to Roche Steven, Lot 3 Woodbrook, O.R. Book 02419 Page 4058, May 9.

$200,000 Macdonald Peter A, Macdonald Bonnie to Patterson George, Flamingo Cay Apartments Unit 21, O.R. Book 02419 Page 1968, May 7.

$200,000 Gilbert Larry D to Mays Donald Wayne, Mays Mary Joe, Garden Lakes Village Unit 149, O.R. Book 02417 Page 7583, April 27.

$200,000 Greeson Joye Alice to Endsley William T, Golf Pointe at Palm Aire Country Club Unit V-209, O.R. Book 02417 Page 7616, April 27.

$200,000 Hammond Fred S, Hammond Rosemarie to Passwater Richard, Blk F Ballentine Manor Estates, O.R. Book 02417 Page 6716, April 27.

$196,000 Clark Bryan Scott, Clark Debra Lynn to Murray Stephen J, Murray Lisa Cochrane, Lot 4027 Mill Creek, O.R. Book 02419 Page 6364, May 11.

$195,300 Lombardo Janet, Summerfield Riverwalk Village Association Inc, Esposito Janet, Wells Fargo Bank to Sp1 Inc, Lot 84 Summerfield Village 2010-Ca-005816, O.R. Book 02419 Page 5332, May 10.

$195,177 Commerce National Realty LLC to Kulik Peggy J, Lot 14 River Sound, O.R. Book 02419 Page 2541, May 8.

$192,000 Lentz Leonard to Fleischman Stephen A, Fleischman Joanne M, Golf Pointe at Palm Aire Country Club Unit V-184, O.R. Book 02417 Page 7559, April 27.

$191,200 Twin Rivers Association Inc, Dyer Carl, Dyer Linda K, Hsbc Mortgage Corporation, Nationstar Mortgage LLC to Sp 1 Inc, Lot 22 Twin Rivers 2009-Ca-004, 525, O.R. Book 02417 Page 7412, April 27.

$189,030 Ryland Group Inc to Saputo Marco A, Saputo Tia L, Lot 177 Copperstone, O.R. Book 02419 Page 5663, May 10.

$188,000 Garrigan Jeffrey, Garrigan Jeffrey F, Bank Of New York Mellon, Bank of New York, Cwalt Inc Alternative Loan Trust 2005 59 to Acklin Michael R, Acklin Michelle J, Lot 8 Blk B Greyhawk Landing 2008-Ca-007673, O.R. Book 02417 Page 6516, April 27.

$187,500 US Bank NA, First Franklin Mortgage Loan Trust to Chambers Dennis K, Chambers Mary Ellen, Lot 13 Blk 4 Barrington Ridge, O.R. Book 02419 Page 3628, May 8.

$186,300 Elder John Bob, Elder Donald B, Elder Bob to Graves Richard B, Blk 5 Whitfield Estates, O.R. Book 02419 Page 4390, May 9.

$185,100 O’Connell Natalia, Bac Home Loans Serivicing LP, Countrywide Home Loans Servicing LP to Federal National Mortgage Association, Lot 112 River Place 2009-Ca-007938, O.R. Book 02417 Page 7337, April 27.

$185,000 Federal National Mortgage Association to Berente Miklos, Nemeth Dezso, Berente Nora, Lot 19 Summerfield Village Cypress Banks, O.R. Book 02419 Page 1241, May 7.

$185,000 Kramer Robert, Kramer Marion to Keifer Mel, Keifer Judith, Lot 36 Tara, O.R. Book 02419 Page 6134, May 10.

$185,000 Roberts William Charles Jr to Lexs Automotive and 4 Wheel Drive Repair Inc, Pt 13-34-17, O.R. Book 02419 Page 6543, May 11.

$185,000 Southern Keith, Southern Teresa to Pullano Rodolfo Francis, Pullano Lucia A, Lot 363 Sabal Harbour, O.R. Book 02419 Page 2568, May 8.

$185,000 Teleky Igor, Teleky Nina to Edwards Scott B, Lot 13 Blk B Spanish Park, O.R. Book 02419 Page 5247, May 10.

$183,987 Provident National Property Group LLC to Misenti Salvatore D, Ryan Kathleen M, Lot 74 Woodbrook, O.R. Book 02419 Page 2465, May 8.

$183,965 Pulte Home Corporation to Rauch Arthur Charles, Rauch Pamela R, Lot 937 Harrison Ranch, O.R. Book 02419 Page 1189, May 7.

$183,300 Cml Fl One LLC to Italombia Property Group LLC, San Marco Plaza Unit 9, O.R. Book 02419 Page 7218, May 11.

$177,229 Le Hoang Kim, Nguyen Tuyet Thi to Le Ho N, Le Elaine M, Lot 279 Trails, O.R. Book 02419 Page 4421, May 9.

$175,050 Pulte Home Corporation to Dolores Maria, Jackson Kenneth, Lot 936 Harrison Ranch, O.R. Book 02419 Page 1212, May 7.

$175,000 Branch Banking and Trust Company to 2052610 Ontario Inc, Lot 10 Blk 1 Barrington Ridge, O.R. Book 02419 Page 6560, May 11.

$175,000 Weekley Homes LLC, Weekley Homes LP to Medina Pedro, Lot 98 Creekside Preserve II, O.R. Book 02419 Page 7042, May 11.

$172,000 US Bank, Terwin Mortgage Trust 2006 5 to Roberts Mark E, Jacks Lindsay M, Lot 189 Crystal Lakes, O.R. Book 02419 Page 1053, May 7.

$179,000 Buzbee Glenn F Jr, Buzbee Christine S to Radebach Jennifer A, Wyman Baum, O.R. Book 02417 Page 6925, April 27.

$172,100 Vega Manuel, Vega Allene C, Champlin Lisa, Suncoast Schools Federal Credit Union to Vanco Enterprises Inc, Lot 8 Blk B Pine Meadow 2011-CA-006953, O.R. Book 02417 Page 6518, April 27.

$170,410 Pulte Home Corporation to Dorman Zakariah S, Lot 855 Harrison Ranch, O.R. Book 02417 Page 6860, April 27.

$170,000 Welnetz Kathryn S, Welnetz Kenneth J, Welnetz Family Living Trust to Kavelaar Arie H, Lot 10 Blk A Greenfield Plantation, O.R. Book 02419 Page 4982, May 9.

$168,490 Maronda Homes Inc of Florida to Hendrickson Robert G, Hendrickson Mary Ann, Lot 180 Oakhurst Revised Portion, O.R. Book 02419 Page 1466, May 7.

$168,000 J Wood Holdings LLC to Hepburn William, Lot 22 Blk K Country Club Heights First Addition, O.R. Book 02419 Page 4424, May 9.

$167,500 May Milton Scott Jr to Wagner Richard P Jr, Wagner Dorothy A, Dorothy A Wagner Living Trust, Emily C Earles Resubdivision of Hotel Lot of Willemsens, O.R. Book 02419 Page 6511, May 11.

$167,100 Maranzano Russell J, Maranzano Pamela L, Bay Club Association Inc to Regions Bank, Regions Mortgage, Bay Club Unit 2303 2010-Ca-000531, O.R. Book 02419 Page 4111, May 9.

$166,000 Federal National Mortgage Association, Fannie Mae to Eitman Tara Anne, Lot 167 Sabal Harbour, O.R. Book 02419 Page 2858, May 8.

$165,000 Simons Thomas to Douglas Sheri A, Miramar Lagoons at Lakewood Ranch Unit 101, O.R. Book 02419 Page 3802, May 8.

$160,500 Nickerson Andrew S to Harloff Glenna M, Pt 17-33-18, O.R. Book 02419 Page 6634, May 11.

$160,000 Oconnor Elizabeth, Meeker Carolyn, Oconnor Elizabeth Clapp to Laroche Louis J, Laroche Suzanne, Lot 3 Blk 4 Lakeridge Falls, O.R. Book 02419 Page 4369, May 9.

$155,500 US Bank National Association, Structured Asset Securities Corporation Mortgage Loan Trust 2006 Nc1 to Eckert Jon Michael, Olberding Megan, Lot 79 Rivers Edge, O.R. Book 02417 Page 6819, April 27.

$155,100 Orjuela Freddy E Sr, Orjuela Paula A, Glenn Lakes Association Inc, Loth Neil J, Washington Mutual Bank to Citimortgage Inc, Lot 5 Blk H Glenn Lakes 2008-CA-005997, O.R. Book 02417 Page 6524, April 27.

$155,001 Morris Jill B, Aubry Janet C to Bigelow Wayne, Bigelow Sharon, Lot 99 43 Waterside Lane at Perico Bay Club, O.R. Book 02419 Page 0785, May 7.

$155,000 Bustamante Cesar, Bustamante Janet to Mccourt Joseph A, Lot 41 Oakley Place, O.R. Book 02419 Page 3113, May 8.

$155,000 Rosenblum Alan L Jr, Rosenblum Marsha to Wheeler Craig H, Wheeler Dani D, Wheeler Revocable Declaration of Trust, Lot 11 Central Park, O.R. Book 02417 Page 6969, April 27.

$153,855 Pulte Home Corporation to Silva Joao L, Silva Maria L, Silva Marylou M, Silva Jacinto M, Lot 892 Harrison Ranch, O.R. Book 02419 Page 7457, May 11.

$152,000 Willis Connie F to Church David Bruce, Church Linda Lee, Spanish Main Yacht Club Unit 12, O.R. Book 02419 Page 3801, May 8.

$150,300 Allen Larry Jr, Allen Heather M to Bank Of America, Lot 30 Oak Trace 2009-Ca-01218, 9, O.R. Book 02417 Page 6536, April 27.

$150,100 Palmetto Business Park LP A, Clark Hunt Construction Inc, Gator Grading and Paving LLC, Florida Department of Revenue, US Bank, Bank of America, Bear Stearns Commercial Mortgage Securities Inc to Harrod Investments LLC, Pt 18-34-18 2011-Ca-002904, O.R. Book 02419 Page 4106, May 9.

$150,000 Siegel Robert L, Siegel Susan F to Webster Reginald John, Lot 329 Stoneybrook at Heritage Harbour, O.R. Book 02419 Page 2175, May 7.

$149,100 US Bank, Bank Of America, Lasalle Bank, Merrill Lynch Mortgage Investors Trust to Reyes Josue, Lot 215 Briarwood, O.R. Book 02419 Page 5351, May 10.

$146,832 KB Home Orlando LLC to Johnson Horace, Lot 89 Sterling Lake, O.R. Book 02419 Page 0931, May 7.

$145,000 Hemby Amy L to Grunas Barbara E, Lot 43 Blk B Glenbrooke, O.R. Book 02417 Page 7562, April 27.

$142,500 Dellinger James S, Dellinger James, Dellinger James Stephen, Dellinger Lauren, Dellinger Lauren A, Dellinger Lauren Ashley, First Bank, Coast Bank of Florida, Dellinger Micha, Wingo Bob, Wells Fargo Bank, Wells Fargo Home Mortgage Inc to Johnson Susan, Johnson Rick, Blk BCH Davis Resub 2010-Ca-001381, O.R. Book 02417 Page 6519, April 27.

$142,000 Smith Catherine E, Smith Catherine Elizabeth, Smith Catherine G, Smith Doyle to Battaglia Karen J, Karen J Battaglia First Amended and Restated Revocable Living Trust, Garden Lakes Village Unit 172, O.R. Book 02417 Page 6922, April 27.

$140,000 Kelly Jim, Kegg Daniel J, Kegg Sandra to Schneider Gregory, Schneider Tina, Lot 109 Greenbrook Village, O.R. Book 02419 Page 7164, May 11.

$139,000 Diercks Jacquelin B, Diercks Patrick M to Ledford Russell J, Lot 25 Blk D Kingsfield, O.R. Book 02419 Page 6391, May 11.

$138,000 Mitacchione Esther, Mitacchione John to Simpson Brian M, Simpson Michelle L, Blk 4 Westfield, O.R. Book 02419 Page 3822, May 8.

$137,500 Bank of America, Countrywide Bank to Arrow Re Sub 1 LLC, Lot 347 Sabal Harbour, O.R. Book 02419 Page 3192, May 8.

$137,000 Federal Home Loan Mortgage Corporation to Moore Walter H, Moore Marillyn K, Lot 30 Creekwood, O.R. Book 02417 Page 6215, April 27.

$135,500 Glennon Maurice P, Glennon Frances R, Maurice P Glennon and Frances R Glennon Revocable Living Trust to Ergle Pamela M, Ergle Thomas S Jr, Lot 117 Sugar Mill Lakes, O.R. Book 02419 Page 2526, May 8.

$135,000 Alliance Real Estate Investments LLC, Paramount Real Estate Investments LLC to Zapata Fernando Baeza, 0, O.R. Book 02417 Page 7198, April 27.

$134,000 Dizer Anzhelika, Dieser Angelika to Lamb Brenda K, Lot 3 Creekwood, O.R. Book 02417 Page 7500, April 27.

$134,000 Bank of New York Mellon, Bank of New York, Cwalt Inc Alternative Loan Trust 2005 84 to Kted1 LLC, Lot 146 River Plantation, O.R. Book 02419 Page 4546, May 9.

$132,000 Pfeiffer Robert W, Pfeiffer Robert, Pfeiffer Camilla M to Kted1 LLC, Lot 86 Harrison Ranch, O.R. Book 02419 Page 4955, May 9.

$131,900 FCP Serenata LLC to Loprano Frank, Loprano Carmel L, Serenata Sarasota Unit 108, O.R. Book 02419 Page 4287, May 9.

$130,000 Wallace Dane to Rutherford Karen L, Lot 51 Blk A Country Oaks, O.R. Book 02417 Page 7456, April 27.

$130,000 Johnson Rodger L, Johnson Suzanne M to Verducci Mark, Lot 10 Tropical Highlands, O.R. Book 02419 Page 5336, May 10.

$130,000 Pardo Quesada Enrique A, Pardo Waleska M to Brown John D, Brown Cynthia L, Lot 3206 Lighthouse Cove at Heritage Harbour, O.R. Book 02419 Page 2512, May 8.

$130,000 Phillips Betty K, Phillips Trust to Pond Richard P, Pond Dolly L, Golf Lakes Residents Cooperative Unit 578, O.R. Book 02419 Page 1799, May 7.

$128,000 Regions Bank to Chapman James B, Chapman Carol L, Pt 15-35-17, O.R. Book 02417 Page 6885, April 27.

$125,000 Sarabay Associates LLP to Potas Steven R, Potas Gayle A, Potas Family Living Trust, Lot 147 Legends Bay, O.R. Book 02417 Page 7482, April 27.

$125,100 Woodworth Sandra, Schayfer Sandra C, Woodworth Stephen, Mortgage Electronic Registration Systems Inc, Bac Home Loans Servicing LP, Kingsfield Lakes Homeowners Association Inc, Countrywide Home Loans Servicing LP to Federal National Mortgage Association, Lot 3 Blk 4 Kingsfield Lakes 2,009-Ca-009497, O.R. Book 02419 Page 4870, May 9.

$125,000 Lehman Timothy P, Moneuse Christopher C to King Shelby Nicole, Lot 4 Bahia Vista, O.R. Book 02419 Page 3533, May 8.

$125,000 Lennar Homes LLC to Stofan Frantisek, Barna Boglarka Stofanne, Grand Estuary V at River Stran, D Unit 524, O.R. Book 02419 Page 7114, May 11.

$125,000 Mayan Mainstreet Investors II LLC to Bovino Mark E, Bovino Margaret S, Lot 9 Blk A Braden River Lakes, O.R. Book 02419 Page 0810, May 7.

$125,000 Trietsch Marvin M, Trietsch Janice, Trietsch Ronald A, Trietsch Wendy, Hendrickson Michele L, Trietsch Daniel M, Trietsch Michael A, Trietsch Emily E, Trietsch Jonathan A to Tabor Carl Joseph, Ingold Tabor Mary Patricia, Shoreline Terraces IV at Perico Bay Club Unit 905, O.R. Book 02417 Page 6939, April 27.

$123,000 Eastside Upside LLC to Garcia Juan M Becerra, Lot 1 Blk A Windsong Acres, O.R. Book 02417 Page 7607, April 27.

$122,500 Watson Martha J to Brady George M, Brady Susan M, Village Green of Bradenton Unit 6029, O.R. Book 02419 Page 3859, May 8.

$122,000 Simek Barbara J, Simek Thomas J to Thomas Thomas D, Sabal Bay Unit 13 3, O.R. Book 02417 Page 6654, April 27.

$117,000 Vollbrecht Donald C to Manning Harold D, Manning Doreen H, River Yacht and Racquet Club Unit 307, O.R. Book 02419 Page 6478, May 11.

$115,000 Carnie Robert M, Carnie Martha B, Robert M Carnie Living Trust to Richardson Erik L, Richardson Martha D, Villas at Wild Oak Bay IV Unit, 75 A, O.R. Book 02419 Page 0881, May 7.

$115,000 Preservation Trust Services Ii LLC, 3611 27Th Avenue Land Trust to Liotti Jennifer, Liotti Christopher, Lot 2 Blk E Sandpoint 1St Addition, O.R. Book 02419 Page 4590, May 9.

$113,200 Record Vernon L, Record Nancy L to Puckett Hubert, Puckett Olvie J, Piney Point Homeowners Cooperative Unit 227, O.R. Book 02419 Page 3860, May 8.

$112,000 Clasby Francis, Clasby Patricia to Nita Paul Victor, Nita Mihaela, Serenata Sarasota Unit 203, O.R. Book 02419 Page 6613, May 11.

$112,000 Refol Maria Victoria D, Ames Maria Victoria, Ames Barry to Sunga Roland L, Sunga Rose B, Cypress Strand Unit 2 102, O.R. Book 02419 Page 3890, May 8.

$112,000 Yates Dewayne E, Yates Cathy L to Laskowski Evan, Lot 4 Blk B Braden River Lakes, O.R. Book 02419 Page 2651, May 8.

$111,000 Redus Florida Housing LLC to 301 Tampa LLC, Lexington Addition, O.R. Book 02419 Page 6982, May 11.

$110,500 Murcia Walter, Murcia Lynda V to Johnson Garrett, Pt 9-35-22, O.R. Book 02419 Page 3778, May 8.

$110,000 Wolfe Barbara J to Warner Jack D, Blk 6 First Addition to Poinci, Ana Park, O.R. Book 02419 Page 6342, May 10.

$110,000 Yates Everett E, Yates Audrey A to Bright Braxton Lamar Jr, Bright Marcia, Tropic Isles Co Op Inc Unit 18, 9, O.R. Book 02419 Page 4047, May 9.

$110,000 Howze Joan, Smith Ted, Smith Derek C, Smith Lindsey T to Langford Darl F, Oaks Unit 2, O.R. Book 02417 Page 7869, April 27.

$109,900 Sandhoff David B, Sandhoff Sorelle A to Shaul Holly D, Lot 9 Blk 3 Dahlia Gardens, O.R. Book 02417 Page 7619, April 27.

$108,000 Durdaller Johanna to Charmer Properties LLC, Lot 67 Tropical Harbor, O.R. Book 02417 Page 7258, April 27.

$107,500 Nabergall John, Walsh Lynn Nabergall to Samboy Johane, Lot 45 Stone Creek, O.R. Book 02419 Page 3228, May 8.

$105,000 Guasto Andrew J, Guasto Linda G to Nelson Ralph, Nelson Kathy, Shoreline Terraces I at Perico Bay Club Unit 802, O.R. Book 02419 Page 0771, May 7.

$102,100 Borjas Azalia, Aguero Carlos, Gates Creek Association Inc to Wells Fargo Bank, Lot 9 Gates Creek 2010-Ca-009285, O.R. Book 02419 Page 4849, May 9.

$102,000 Heaton Myles W, Heaton Lillian E to Mclaughlin Francis E, Cambridge Village West, O.R. Book 02419 Page 4464, May 9.

$101,000 Samboy Ramirez Juan Pedro, Samboy Johane to Obrien Dennis D, Lot 23 Blk D Braden River Lakes, O.R. Book 02419 Page 4444, May 9.

$100,000 Leise Marjorie to Potts Myrna Lynn, Garden Lakes Villas Section 2, Unit 60, O.R. Book 02419 Page 1958, May 7.

$100,000 Olson Robert C, Robert C Olson Revocable Living Trust to Hebert John A, Hebert Bernadette M, Woodlawn Village of Wildewood, Springs Unit 651, O.R. Book 02419 Page 2012, May 7.

$95,000 Schrier George A, Schrier Rebecca G to Ramos Raul, Blk G Beau Vue Estates, O.R. Book 02419 Page 5078, May 9.

$93,000 John Cannon Homes Inc to Marrone William, Marrone Nancy, Lot 17 Country Club East at Lakewood Ranch, O.R. Book 02419 Page 2104, May 7.

$93,000 Reger Dean K, Reger Nancy K to Richard L Herbstritt and Rose M Herstritt Revocable Living Trust, Herbstritt Richard L Revocable Living Trust, Herbstritt Rose M Revocable Living Trust, Garden Lakes Courtyard Unit 11, O.R. Book 02419 Page 6213, May 10.

$92,500 Federal Home Loan Mortgage Corporation to Montoya Lina K, Lot 45 Cordova Lakes, O.R. Book 02419 Page 5223, May 10.

$92,443 Kelso Mark to Kelso Henry W, Kelso Phyllis J, Lot 9 Lexington, O.R. Book 02419 Page 6569, May 11.

$92,000 Naymon Donald K, Naymon Donald Kristopher, Naymon Tina K, Naymon Mickie D, Naymon Mickie Denise to Behrendt Christine, Pt 1-33-19, O.R. Book 02419 Page 1134, May 7.

$92,000 Shupe Thomas E, Shupe Karren A to Scott Daniel J, Lakes Iii Unit 133 D, O.R. Book 02419 Page 0760, May 7.

$89,500 Palaw LLC, Greenberg Barbara Maria to Varne Thomas, Varne Evelyn, Lot 19 Blk 36 Holiday Heights, O.R. Book 02419 Page 2675, May 8.

$85,000 Ramos Raul, Ramos Marisol to Schrier George A, Schrier Rebecca G, Blk G Beau Vue Estates, O.R. Book 02419 Page 5081, May 9.

$85,000 Sarabay Associates LLP to Muller Thomas R, Katz Muller Julie B, Lot 115 Legends Bay, O.R. Book 02419 Page 4745, May 9.

$84,000 Federal Home Loan Mortgage Corporation to Horne Michael W, Horne Peggy A, Blk B Greenwood Heights, O.R. Book 02419 Page 4450, May 9.

$83,500 US Bank NA, Mastr Asset Backed Securities Trust 2006 Nc1 to Keckler Claudia Nicole, Lot 10 Plantation Oaks, O.R. Book 02419 Page 3755, May 8.

$82,000 Anderson Gerald, Hough Sandra to Carter Robert, Carter Kihmn, Blk H Beau Vue Estates, O.R. Book 02419 Page 2602, May 8.

$82,000 Bettger Scott R, Bettger Amy J to Bagwell Lisa E, Pt 27-34-17, O.R. Book 02419 Page 2513, May 8.

$82,000 Wells Fargo Bank, Option One Mortgage Loan Trust 2007 1 to Bt Partnership LLC, Pt 23-35-17, O.R. Book 02419 Page 4888, May 9.

$80,600 Wilson Nein Terri, Wilson Nein Teri, Wilson Nein Teri Tamera T, Arbor Creek Homeowners Association Inc, Wells Fargo Bank to Sp1 Inc, Lot 109 Arbor Creek 2010-Ca-007570, O.R. Book 02419 Page 5330, May 10.

$81,500 Lewis Stephen K, Lewis Carol K to Tarvudd Aki L, Tarvudd Joanne M, Lot 11 Country Club East at Lakewood Ranch, O.R. Book 02417 Page 7299, April 27.

$81,200 Loftus Susan, Solofsky Susan, Gmac Mortgage Corporation, Ditech Com, Solofsky Scott M, Mortgage Electronic Registration Systems Inc to Federal National Mortgage Association, Lot 25 Blk 2 Whitfield Manor 2010-Ca-010091, O.R. Book 02419 Page 4123, May 9.

$80,000 Hoyt Edith Carol to Hansen Eric, Sarabay Coves Unit C-301, O.R. Book 02417 Page 7221, April 27.

$80,000 Hughes John A III, Hughes Sally Jo to Young Thomas R, Young Lydia E, Lot 10 Blk 1 Tidevue Estates, O.R. Book 02417 Page 7241, April 27.

$80,000 Hess Janey T to Dolan Michael B, Dolan Carolyn S, Lot 7 Blk B Bayshore Gardens, O.R. Book 02419 Page 5728, May 10.

$80,000 Vu Thanh N, Nguyen Thu to Ricardo Otniel Arnardo Cubero, Guerra Daine Dominguez, Lot 7 Blk 1 Whitfield Manor, O.R. Book 02419 Page 6997, May 11.

$79,065 Country Club East Investors LLC to John Cannon Homes Inc, Lot 17 Country Club East at Lakewood Ranch, O.R. Book 02419 Page 2102, May 7.

$78,000 Scott Jerry, Scott Karen to Bertolino Jeremy, Bertolino Katie N, Pomello Park, O.R. Book 02419 Page 4931, May 9.

$75,100 Samuels Linda, Grow Financial Federal Credit Union, Macdill Federal Credit Union, Lighthouse Cove at Heritage Harbour Inc, Heritage Harbour Master Association Inc to Wells Fargo Bank, Lot 3098 Lighthouse Cove at Heritage Harbour 2010-Ca-007098, O.R. Book 02419 Page 4857, May 9.

$75,000 Emery Sharon K to Barrett Patricia A, Fernwood Unit 4, O.R. Book 02419 Page 0788, May 7.

$75,000 Kraft Virginia H, Kraft David H to Curling Phyllis, Greenbrook Walk Unit 106, O.R. Book 02419 Page 5612, May 10.

$75,000 Lrak LLC to Cullison Harold F, Cullison Christine Gorman, Lot 63 Westwego Park, O.R. Book 02419 Page 2558, May 8.

$75,000 Matheny James F to Barrett Patricia A, Fernwood Unit 4, O.R. Book 02419 Page 0787, May 7.

$75,000 Allen James, Allen Maria to RBJ Homes Inc, Lot 69 Cutrona, O.R. Book 02417 Page 6916, April 27.

$75,000 Federal National Mortgage Association to Breit Lois M, Stone Harbour Ii Unit 623, O.R. Book 02417 Page 6789, April 27.

$71,600 US Bank National Association, Bank of America, Lasalle Bank NA, Morgan Stanley Mortgage Loan Trust 2006 7 to He Dong Chen, Wang Li, Pt 1-33-19, O.R. Book 02419 Page 4435, May 9.

$70,100 US Bank NA, Citigroup Mortgage Loan Trust Inc to Mejia Martin A, Townhomes at Lighthouse Cove II Unit 108, O.R. Book 02419 Page 1497, May 7.

$70,000 Fannie Mae, Federal National Mortgage Association to 2052610 Ontario Inc, Townhomes at Lighthouse Cove I, Unit 2507, O.R. Book 02417 Page 6297, April 27.

$70,000 Deschenes Yolande, Deschenes Roland J to Mailand Eugene C, Mailand Shirley A, Eugene C and Shirley A Mailand Living Trust, Golf Lakes Residents Cooperative Unit 348, O.R. Book 02419 Page 1887, May 7.

$69,500 Zalar Frank J, Zalar Heide M to Fagley Richard, Odell Carey, Lakes Unit 105 D, O.R. Book 02419 Page 6153, May 10.

$69,000 Earle William E, Earle Susan E to Van Der Kolk Thijs J, Lot 21 Bayou Estates South, O.R. Book 02419 Page 2796, May 8.

$68,000 Deutsche Bank National Trust Company, Financial Asset Securites Corp, Soundview Home Loan Trust 2007 Wmc1 to Payne David, Lot 37 Aberdeen, O.R. Book 02419 Page 4340, May 9.

$66,000 Davis Patricia M, Patricia M Davis Trust to Davis Mark A, Mark A Davis Trust, Chatt Lawrence D, Holmes Beach, O.R. Book 02419 Page 7333, May 11.

$65,080 Caldwell Richard F, Miracle Diana C to Randall David R, Pine Bay Forest Unit 3, O.R. Book 02419 Page 5035, May 9.

$65,000 Gail Greenwood Ira, Greenwood Gail Ira to Land Trust No 2515 1St Ave E Palmetto, Stress Free Property Management Inc, Lot 99 Washington Park, O.R. Book 02419 Page 6806, May 11.

$65,000 Residential Credit Solutions Inc to Yang Run Qiu, Hou Xu, Palms Of Cortez Unit 24, O.R. Book 02419 Page 2798, May 8.

$65,000 Federal National Mortgage Association, Fannie Mae to Parsons Jack D, Parsons Janalyn R, Lot 1 Blk D Tangelo Park, O.R. Book 02417 Page 6719, April 27.

$64,000 Brzezinski Steven, Brzezinski Esther J to Adolfsen Benjamin J, Adolfsen Dolores C, Lake Tippecanoe Unit 105, O.R. Book 02417 Page 7561, April 27.

$64,000 Reed Ruth L, Reed Family Revocable Trust Agreement to Reed Michelle A, Lot 9 Blk 1 H L Smiths, O.R. Book 02419 Page 2873, May 8.

$62,900 Federal National Mortgage Association, Fannie Mae to Krick James R, Lot 12 Blk B Baumers, O.R. Book 02417 Page 6726, April 27.

$62,800 Williams Kimberly F to Superior Properties and Development LLC, Blk 11 R F Willis Plat of Memphis, O.R. Book 02419 Page 5732, May 10.

$60,000 Fannie Mae, Federal National Mortgage Association to Reyes Javier, Lot 19 Belle Chase, O.R. Book 02419 Page 2316, May 7.

$60,000 Naughton Joanne, Naughton Denis to Griffin June L, June L Griffin Revocable Trust, Huntington Woods Unit B, O.R. Book 02419 Page 6541, May 11.

$58,000 Campos Mario to Tranquilino J Isaac, Tranquilino Jose, Pt 13-35-17, O.R. Book 02419 Page 1744, May 7.

$56,501 US Bank NA, Bank of America to Wile Susan K, Wile Michael J, Lot 54 Imperial Ridge, O.R. Book 02419 Page 5288, May 10.

$56,500 Richards Louise to Ahlstrom Keith, Ahlstrom Cynthia, Cortez Villas Unit 49, O.R. Book 02417 Page 6984, April 27.

$56,000 Portfolio Trust LLC to Mek Properties LLC, Blk 58 Whitfield Estates, O.R. Book 02417 Page 7323, April 27.

$55,100 Sandoro David J, Ross Jeff to Wells Fargo Bank, Option One Mortgage Loan Trust 2007-Fyd1, Seaside Gardens 2009-Ca-001968, O.R. Book 02417 Page 7418, April 27.

$55,000 Warterfield William to Rodgers Richard A, Rodgers Elizabeth M, Lot 3 Live Oaks, O.R. Book 02417 Page 7634, April 27.

$55,000 Madden Ernestine L, Madden John K to Ross Sheila, Heritage Village West Unit 423, 0, O.R. Book 02419 Page 0762, May 7.

$55,000 Pond Richard P, Pond Dolly L to Phillips Betty K, Phillips Trust, Golf Lakes Residents Cooperative Unit 68, O.R. Book 02419 Page 1790, May 7.

$55,000 Sersen Fred, Sersen Mary to Gadah Christopher E, Lot 15 Magellan Park, O.R. Book 02419 Page 2158, May 7.

$54,900 Fannie Mae, Federal National Mortgage Association to Carroll Ronald, Carroll Donna, Meadowcroft Unit 5610, O.R. Book 02419 Page 3774, May 8.

$54,900 Stiefel Joyce to Johnson Kirk, Shadow Brook Mobile Home Unit, 355, O.R. Book 02419 Page 3225, May 8.

$54,000 Federal Home Loan Mortgage Corporation to Equity Trust Co, Susan J Rothermel Ira, Rothermel Susan J Ira, Lot 1 Desear Manor, O.R. Book 02419 Page 5219, May 10.

$52,500 Krichbaum James A, Krichbaum Barbara C to Sachse Detlef, Sachse Linda, Sugar Creek Campground Estates, Unit 169, O.R. Book 02417 Page 7236, April 27.

$52,000 Conway Dolores S, Conway Larry L to Thompson James O, Thompson Hilda K, Shadow Brook Mobile Home Unit, 40, O.R. Book 02419 Page 6480, May 11.

$52,000 Federal National Mortgage Association, Fannie Mae to Stevenson John, Mirror Lake Unit 4034, O.R. Book 02419 Page 2927, May 8.

$50,000 Wilson Lamont C, Wilson Marie B to Favasuli Michael F, Lot 1 Blk D Bayshore Gardens, O.R. Book 02417 Page 7829, April 27.

$50,000 Collins John, Collins Jeffrey James, Collins Maureen, Hall Maureen to Gasper Paul M, Gasper Kimberley M, Paradise Bay Estates Unit 18 E, O.R. Book 02419 Page 5989, May 10.

$49,900 Aurora Loan Services LLC to Ryans 3 Family Enterprises LLC, Lot 4 Curry Pines, O.R. Book 02419 Page 3087, May 8.

$49,900 Kinsey Miller Lois to Casper Richard D, Casper Carolyn L, Lot 223 Manatee Palms, O.R. Book 02419 Page 5309, May 10.

$48,400 Dix Cecil Wade to Dix Bruce Kevin, Blk K Bears, O.R. Book 02419 Page 2319, May 7.

$48,400 Slusher Pamela Dix to Dix Bruce Kevin, Blk K Bears, O.R. Book 02419 Page 2317, May 7.

$48,000 Mills Jon L, Mills Pamela to Distefano Patricia E, Blk 11 Fairview Park, O.R. Book 02419 Page 6799, May 11.

$48,000 US Bank NA, BNC Mortgage Loan Trust 2006 1 to Chesapeake Harvard Apartments LLC, Mirror Lake Unit 4202, O.R. Book 02419 Page 4602, May 9.

$48,000 Banner Edwin L, Banner Carol A to Putnam Thomas E, Putnam Cheryl L, Lot 8 Blk 17 Trailer Estates, O.R. Book 02417 Page 6701, April 27.

$47,000 Rhoades Steven, Rhoades Wanda J, Chamness Mary E, Rhoades Johnie, Rhoades Johnnie to Perez Alfredo Torres, Palmetto Point, O.R. Book 02419 Page 0906, May 7.

$47,000 Portfolio Trust LLC to Heavens Romance LLC, Lot 175 Sunny Lakes Estates, O.R. Book 02417 Page 7328, April 27.

$46,000 Bank of the Ozarks to Onishchuk Nikolay, Onishchuk Vera, Pt 1-35-17, O.R. Book 02417 Page 7042, April 27.

$45,000 Bibler Charles O, Bibler Donna M to Stone Richard L, Stone Beverly A, Pine Point Homeowners Cooperative Unit 90, O.R. Book 02417 Page 6685, April 27.

$45,000 Marino Victor P, Marino Irene J to Bradenton PC Investors LLC, Palm Cove of Bradenton Unit 21, 2, O.R. Book 02419 Page 7162, May 11.

$44,000 Ligman Joyce A to Carlson Georgiana M, Bayshore on the Lake Apartments, Unit 204E, O.R. Book 02417 Page 6708, April 27.

$43,800 Clay Roxanna L, US Bank, Wmalt Series 2006 5 Trust to US Bank National Association, Bank of America, Lasalle Bank, Lot 8 Blk 41 Holiday Heights 2nd Addition 2009-Ca-010751, O.R. Book 02419 Page 4115, May 9.

$42,500 Mcgee Gita, Mcgee Thomas C to Huller Joel M, Huller Patricia A, Fourth Bayshore Unit H 27, O.R. Book 02417 Page 6680, April 27.

$42,300 Munoz Luz D, Orjuela Jaime, Mortgage Electronic Registration Systems Inc, JPMorgan Chase Bank to Palaw LLC, Lot 9 Blk A Oak Park 2009-Ca-001920, O.R. Book 02417 Page 7407, April 27.

$42,000 Pratt James E to Sharp Sigrun K, Heritage Pines Unit 62 A, O.R. Book 02419 Page 3776, May 8.

$42,000 Waldron Martha S to Gomez Oscar, Gomez Glennda Ruby, Lot 5 Blk D Fairfield Acres, O.R. Book 02419 Page 3814, May 8.

$40,000 Chavez Narbel to Barajas Lorena, Edgewood Second Addition, O.R. Book 02419 Page 3307, May 8.

$40,000 Federal Home Loan Mortgage Corporation to Corona Gilberto, Lot 16 Buckeye Manor, O.R. Book 02419 Page 4302, May 9.

$38,000 Soto Jorge, Soto Claudia to Sandy Paws Properties LLC, Lot 2 Triangle Park, O.R. Book 02419 Page 7311, May 11.

$37,000 Kuz John, Kuz Marion, Kuz Paul M to Stuyck Karen, Mckay Sharon, Leisure Lake Village Unit 457, O.R. Book 02419 Page 1254, May 7.

$36,750 Deutsche Bank National Trust Company, Morgan Stanley Abs Capital I Inc 2006 He6 to Knapp Richard D, Cimmaron Acres, O.R. Book 02419 Page 5347, May 10.

$36,667 Murray Richard A to Murray Bradley, Blk 1 Mrs Julia Atzeroths Ad T, O Palmetto, O.R. Book 02417 Page 7265, April 27.

$35,100 Federal National Mortgage Association to Desoleil Properties LLC, Pebble Springs Unit 6332, O.R. Book 02417 Page 6722, April 27.

$35,000 Felton Lucy N to Guardado Mirian L, Pt 36-34-17, O.R. Book 02419 Page 6294, May 10.

$35,000 Schrier George A, Schrier Rebecca G to Ramos Raul, Blk B Manatee Highlands, O.R. Book 02419 Page 5075, May 9.

$35,000 Wingate Wilson C Jr, Wingate Wilson, Bank of America to Ringling Todd, Ringling Candace, Blk B J H Brunjes 2010-Ca-0031, 46, O.R. Book 02419 Page 5334, May 10.

$35,000 Desoto Holdings Inc to Mek Properties LLC, Blk 1 Wanamassa Park, O.R. Book 02417 Page 7302, April 27.

$34,000 Easterbrook William, Easterbrook Debra to Dadario Frank A, Chambers Janna P, Second Bayshore Unit 4, O.R. Book 02417 Page 6690, April 27.

$32,600 Beeman Robert J, Beeman Robert to Bank Of America, Bac Home Loans Servicing LP, Countrywide Home Loans Servicing LP, Rosedale Manor 2011-Ca-008225, O.R. Book 02417 Page 6542, April 27.

$32,500 Fitzpatrick John L, Fitzpatrick Nora J to McGarry James Robertson, Wilson Valerie Anne, Burgundy Unit 445, O.R. Book 02417 Page 6987, April 27.

$31,000 Bank of America to Portfolio Trust LLC, Viser Addition to Palmetto, O.R. Book 02419 Page 1108, May 7.

$31,000 Bank of New York Mellon to Brenner Laura, Lot 6 Palm Acres, O.R. Book 02419 Page 0963, May 7.

$30,000 301 Tampa LLC to Suarez Central LLC, Lot 4 Lexington Addition, O.R. Book 02419 Page 1402, May 7.

$30,000 First Federal Bank Of Florida to Devald Yaron, Lot 29 Blk J White Bear Park, O.R. Book 02417 Page 7261, April 27.

$30,000 Kerman Barbara J, Timmins Margaret Mary to Cooper W Raymond, Cooper Joann, Cooper Living Trust, Woodpark at Desoto Square Unit, 209, O.R. Book 02419 Page 4050, May 9.

$28,000 Leer Belinda Jane, Leer Belinda, Bank Of America, Walker Christopher to Bank of America, Lot 1 Blk B Gateway East 2009-Ca-003059, O.R. Book 02417 Page 6526, April 27.

$27,000 Portfolio Trust LLC to Joseph Ronnie, Pt 13-35-17, O.R. Book 02417 Page 7249, April 27.

$25,700 Mccarthy Neil, Mccarthy Isabel, Powell Richard, Bosworth Janice L, Chafins Anna, Katsaitis Edwin, Wells Fargo Bank to Federal National Mortgage Association, Lot 15 Blk M Bayshore Gardens, 2009-Ca-009019, O.R. Book 02417 Page 7392, April 27.

$25,000 Curry Ada V to Pellecer Carlos, Lot 3 Blk A Bradenton East, O.R. Book 02419 Page 6004, May 10.

$25,000 Hodgkinson Patricia A, Hodgkinson Steven A to Boucher Roger, Boucher Alma Adeline, Terra Siesta Mobile Home Park, Unit 320, O.R. Book 02419 Page 1896, May 7.

$24,500 Roldan Lopez Roberto, Mojica Valenzuela Alma Ruth, Chase Bank USA to US Bank NA, J P Morgan Mortgage Acquisition Trust 2006 Ch2, Lot 42 High Point Manor 2008-CA-010440, O.R. Book 02419 Page 4865, May 9.

$24,000 Judd Stanley S III, Judd Hope M to Kellar Judy L, Lot 21 Blk M Floridana Mobile Homesite, O.R. Book 02419 Page 3803, May 8.

$23,211 Kisluk Brian Robert to Broeckel Donald P, Broeckel Janet M, Blk D Patrison, O.R. Book 02417 Page 6598, April 27.

$23,000 Desoto Holdings Inc to Wren Clifton L, Wren Connie L, Sanctuary of Bradenton Unit 22, 9, O.R. Book 02417 Page 7330, April 27.

$22,100 West Kimberly, Shipley Skip, Morningside Inc Condominium Owners Association, Moore Janine to Us Bank National Association, Credit Suisse First Boston Mortgage Acceptance Corp, Morningside Unit 213 2008-Ca-010164, O.R. Book 02417 Page 6510, April 27.

$20,100 Rasch Albert, Rasch Cristal, Mortgage Electronic Registration Systems Inc, Full Spectrum Lending Inc to Bank of New York Mellon, Bank of New York, Cwabs Inc, Pt 1-33-19 2008-Ca-009770, O.R. Book 02417 Page 7399, April 27.

$22,000 Noel Helena, Noel Leonard L. to Saunders Stephen D, Saunders Darlene, Lot 42 Blk 31 Trailer Estates, O.R. Book 02419 Page 4951, May 9.


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20 May 2012

Behind the turmoil, Best Buy shows upside

Don’t count out Best Buy just yet.

Though it is beset with the distractions of leadership turmoil and a slumping stock price, Best Buy Co. Inc. remains a global powerhouse — a company that sells more televisions, computers and tablets than any other retailer in the world.

Combined with its investments in e-commerce, Geek Squad and smaller mobile stores, Best Buy has ample time and money to thrive in the Internet age, just as it conquered traditional retailing with its ubiquitous big boxes, industry analysts say.

“Best Buy remains the only consumer electronics category killer out there,” said Carol Spieckerman, president of Newmarketbuilders, a retail consulting firm. “I still think there’s a huge opportunity for them to take advantage of their stores.”

To be sure, Best Buy faces myriad challenges. The company has been struggling to grow sales as shoppers migrate to the Internet. Its stock price continues to fall, closing Friday at $18.02. Over the past couple of months, the retailer has lost several key leaders, Geek Squad founder Robert Stephens, Chief Marketing Officer Barry Judge and international finance chief Dave Deno.

Former CEO Brian Dunn resigned in April amid a board investigation that he carried on an inappropriate relationship with a female employee. The investigation eventually concluded that founder and Chairman Richard Schulze withheld information about Dunn’s behavior from the board. As a result, Schulze will relinquish his chairman post next month and his board seat in 2013.

Yet Best Buy still has plenty of advantages, first and foremost its 1,100 big-box stores. While sales at stores open for at least a year have been falling, they still generate impressive numbers.

In 2011, Best Buy’s average sales per square foot of retail space totaled $847, according to Janney Capital Management. Comparable rivals don’t come close: Target ($293), PetSmart ($227), Home Depot ($299) and Lowe’s ($255). Best Buy also generates a hefty operating profit of $41 per square foot. By comparison, Target’s operating profit per square foot totaled $20. As a result, Best Buy generates about $1.5 billion a year in free cash flow.

Best Buy stores “sell way more stuff than people give them credit for,” said Stephen Baker, vice president of industry analysis for consumer research firm NPD Group. “They drive significant revenue, and that kind of [revenue] just doesn’t go away overnight.”

Smaller-store format a hit

Best Buy also dominates in almost every major consumer electronic category. For example, the retailer is the country’s top seller of tablets, Windows and Apple notebooks, and flat-panel televisions above 50 inches, according to NPD data. Last year, Best Buy saw its share of smartphone sales increase by 50 percent.

Some analysts blame Best Buy’s weak sales growth on manufacturers for not making anything new and exciting to sell. Best Buy normally benefits from big product launches, such as Apple’s next generation iPad and iPhones and Microsoft’s upcoming Windows 8 operating system.

People are spending less on consumer electronics because they see less-compelling products, said Christopher Horvers, a retail analyst with JPMorgan. As a result, Best Buy has way more space than it needs and therefore must shrink, Horvers said.

Enter Best Buy Mobile. The smaller-store format, developed in partnership with Carphone Warehouse, has been a big hit for the retailer by focusing mostly on tablets and smartphones and connecting those devices to the Internet. Best Buy expects such “connections” to grow by 15 percent this year.

“It’s a good format,” said Colin McGranahan, a retail analyst with Sanford Bernstein Co. “They have built a compelling platform for consumers.”

Analysts say carriers such as ATT, Verizon and Sprint pay Best Buy a good deal of money to sell their data plans. The company doesn’t break down specific numbers for Best Buy Mobile. The format will roughly generate $240 million to $280 million in pretax profits this year, or about 30 percent of Best Buy’s domestic operating profits, based on sales of approximately $560 million, according to Carphone Warehouse filings.

Best Buy now operates about 305 stand-alone Best Buy Mobile stores in the United States and plans to open 100 more this year. Best Buy also plans to open Best Buy Mobile shops within existing big-box stores, including its Five Star chain in China.

While the format can’t entirely replace the sales of a big-box store, Best Buy Mobile will help insulate the company’s profits as it moves to reduce its retail space.

The Geek that roared

But perhaps Best Buy’s most valuable asset is not a format, but rather a name: Geek Squad. Ever since Best Buy purchased the little-known computer repair firm in 2002, Geek Squad has been the public face of Best Buy as it seeks to recast its image from a merchant of electronics to a merchant of expertise.


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20 May 2012

Real Estate| Property prices rise, sales drop in April in Myrtle Beach area

Several other areas had more significant increases in prices. The southern midlands jumped 48.9 percent to $140,750, the Greater Pee Dee jumped 19.4 percent to $132,690, the western Upstate jumped 9.9 percent to $122,500, Piedmont Regional jumped 7.2 percent to $152,700 and North Augusta jumped 6.6 percent to $159,900, according to SCR.

Statewide, the median price increased 3 percent, to $146,000 in April compared to the same month last year, according to the association.

Even though prices rose, real estate sales dropped along the coast and statewide.

The number of homes and condos sold along the Grand Strand and in southern Brunswick fell 8.1 percent, to 678, in April compared to the same month last year, according to SCR.

Maeser said that could be because most of the really good deals were already gone or people were already dealing with foreclosures that have been on the market for a long time. Greenwood had the biggest improvement in sales, followed by the southern midlands, with an increase of 41 percent and 33.3 percent, respectively, in April when compared to the same month last year.

Sumter/Clarendon County had the biggest drop in sales in April, falling 38.1 percent from the same month last year, according to SCR. The Piedmont Regional dropped 22.8 percent in sales in April, the western Upstate dropped 21 percent, and Cherokee County dropped 14.3 percent.

Statewide, real estate sales dropped 1.3 percent, to 4,181 homes, condos and villas sold, in April compared to the same month last year, according to SCR.

Foreclosures climb in April in Myrtle Beach area

Foreclosure filings in Horry County rose in April compared to the same month last year as prices jumped more than they did statewide, according to statistics released this week.

There were 465 foreclosure-related filings in Horry County in April, up 28.10 percent from the same month last year, according to a report released Thursday by RealtyTrac, a company that tracks foreclosures nationally. Most of those filings, 235, were lis pendens, the documents lenders file to start the foreclosure process.

About one in every 400 properties in Horry County has a foreclosure filing, the third-highest rate of foreclosures in the state behind York and Dorchester counties, according to RealtyTrac. Statewide, about one in every 720 properties have foreclosure filings, the 13th-highest rate of any state in the country, according to RealtyTrac.

Maeser said the jump in the foreclosure rate might have to do with the banks realizing it is better to release some of the foreclosures they were holding back, get rid of them and clear them off their books.

But the statistics on filings do not mean there are many more actual foreclosures taking place, Maeser said. He has said that people are buying a lot of foreclosures, especially in the condo market, but there are not that many good sales left as a lot of the really good deals have been sold.

About 30 percent of single-family home sales and about 34 percent of condo sales still are either foreclosures or short sales, the same as last year, Maeser said.

Those distressed properties – the foreclosures and properties nearing foreclosure that are sold as short sales- typically sell for significantly less than other properties on the market, which drives down overall property values, Maeser has said.

Real estate prices had been dropping, something Maeser has said would continue until the area gets rid of foreclosures and short sales.


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20 May 2012

Home Sales in Connecticut Increase in April

RE/MAX of New England reported this week that the number of homes in Connecticut sold during the month of April increased by 3.8 percent compared to the same last year, according to the Norwich Bulletin.

Last month, 2,461 homes were sold, up from 2,371 last year. The median sale price, however, decreased by 0.4 percent and as well as inventory — from 31,883 to 28,133.

Out of the six states in New England, New Hampshire saw the largest increase in sales at 20.2 percent, while Rhode Island showed the largest decline in prices at 5.8 percent.

Massachusetts and Maine, in fact, were the only states that didn’t see their home sale prices fall.


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20 May 2012

Right to buy letter under fire for ‘irresponsibility’

The government has been accused of irresponsibility in its attempts to promote the right to buy policy.

The Communities and Local Government department has sent template letters to councils suggesting how they should promote the right to buy to tenants. The policy offers council tenants the right to buy their home with a discount of up to £75,000.

The letter from the CLG suggested councils flag up how much a right to buy mortgage could cost per week. It said: ‘Buy your home for £100 a week? So, if like your neighbours, you’re interested in the right to buy, don’t delay.’

Only on an accompanying fact sheet it did warn tenants about the risks of losing their home if they cannot pay the mortgage.

A senior source within the lending industry criticised the template and said it could be seen as irresponsible.

He said: ‘I wonder how people would react if it was a lender sending out these letters. They would be concerned that this would be overselling it.’

Councils told Inside Housing they would not be using the CLG’s suggested wording.

Ken Jones, director of housing strategy at Barking and Dagenham Council, said: ‘I’m not sure this letter is sufficiently measured. It is really important that when tenants are considering applying for the right to buy we give them a balanced position. The last thing we want to do is get people into future difficulty.’

Both Mr Jones and Ian Wingfield, cabinet member for housing at Southwark Council, said it is important that tenants are aware of service charges.

Mr Wingfield said Southwark will not use the template. He said: ‘We won’t be acting like an estate agent. We have to be responsible as a public body and point out to them that they need the financial wherewithal to buy their home.’

Hammersmith Fulham Council, a flagship Conservative borough, has already sent its own letter to tenants, which unlike the CLG template, mentions that buying a home entails responsibilities.

A spokesperson for the authority said: ‘At each of our roadshows, we have had independent financial advisors on hand to discuss these responsibilities with tenants.’

Abigail Davies, assistant director of policy and practice at the Chartered Institute of Housing, said councils are ‘cautious’ about promoting the scheme as a disproportionately high number of homeowners to lose their homes were right to buy owners.

A spokesperson for the CLG denied it had acted irresponsibly. She said: ‘We are simply helping councils fulfil their legal duty to inform tenants of changes to the right to buy scheme.’

Readers’ comments

(16)

  • Rick Campbell | 18/05/2012 0:57 am

    A decent lender and a decent landlord would flag up the risks (especially service charges) to would-be RTB (and PRTB) purchasers, surely?

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  • Attatel | 18/05/2012 1:51 am

    Unfortunately, there’s never been anything decent about selling off council housing……

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  • Bannside | 18/05/2012 6:57 am

    Tenants taking up the right to buy need to be advised that they are also buying the obligation to keep the property jn good repair. This is a big issue in leasehold properties when the freeholder is the one that decides on the level of repairs and when they should be carried out. The RTB is much maligned, but I can see little wrong with building a house for a few thousand pounds in 1930 (or later), getting 80 (or less) years rent from it, then sell it (and the obligation to keep it in good repair) for many thousands of pounds. A good business model. Accepted that selling a property for less than it cost you to build just shouldn’t happen.

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  • Paul Jones | 18/05/2012 7:18 am

    “The last thing we want to do is get people into future difficulty” – That is the thing this government does want. Lose your cheap rent and secure tenancy, lose your home – keep paying all the way.

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  • mrkfm | 18/05/2012 9:19 am

    Why don’t the government get rid of any pretence and start running its own adverts during day time tv telling people to borrow from them to get out of debt for only 1000% APR.

    They could also be more open and keep responsibility for the debts and pay government workers to go round people’s houses with baseball bats when the poor can’t repay their debts.

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  • Alison Jones | 18/05/2012 9:30 am

    They make it sound so simplistic. I love the bit ‘maybe you can club together with friends and family’ to buy your home!

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  • Michael Dixon | 18/05/2012 9:44 am

    What a fuss about next to nothing.

    Councils can use whatever wording thay like and this is a guide for a policy in which a particlular government is enthusiastic.

    Taking into account the personal debt accrued by households during the Blair/Brown “yuppie” era, and this Government’s attempts to reduce debt over a 5 year period from 2010, I think those who go down that road of criticism are being selective in the points raised.

    There are still many from the political left who have never got over Labour’s initial enthusiasm for and then misjudged rejection of, the right-to-buy scheme, in the mid 1970′s.

    They still think and speak as though they know what is best for people, while themselves owning the properties in which they live.

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  • Tim Powell | 18/05/2012 9:57 am

    Mr Dixon-The Right To Buy was not introduced until 1980.

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  • Bannside | 18/05/2012 10:27 am

    Mr Dixon is correct. The Labour party rejected RTB in the Mid 70s after initially being keen on it. Callaghan 0 Thatcher – still counting.

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  • Paul Jones | 18/05/2012 11:17 am

    I think Right to Buy is wrong and I live in rented social housing. When some flats are sold and others remain rented this can cause problerms between neighbours who are no longer equals, and people do often find they can’t keep up their payments if they buy. They may lose their home and the flat is lost forever as social housing for the next person in need, in line.

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20 May 2012

Okla. real estate value includes oil, gas – Syracuse Post

OKLAHOMA CITY (AP) — There are two sides to commercial real estate in Oklahoma. A lot of the value lies underground.

For the past three years, oil and gas drilling and mining have accounted for 10 percent of the state’s gross domestic product. And from 2003 to 2008, below-ground energy development grew from 7 percent to 14 percent. The figure declined as the recession developed, then stabilized. The numbers are from the U.S. Bureau of Economic Analysis.

The Oklahoman reports (http://is.gd/3kv7ol ) that Ford Price, a managing partner of Price Edwards Co. says new occupants of office space in Oklahoma City have more than offset new vacancies each year since 2006, except for 2009 at the worst of the recession. The city’s older properties, however, have a higher vacancy rate than newer ones.

___

Information from: The Oklahoman, http://www.newsok.com


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19 May 2012

Home Sales in Conn. Increase in April

RE/MAX of New England reported this week that the number of homes in Connecticut sold during the month of April increased by 3.8 percent compared to the same last year, according to the Norwich Bulletin.

Last month, 2,461 homes were sold, up from 2,371 last year. The median sale price, however, decreased by 0.4 percent and as well as inventory — from 31,883 to 28,133.

Out of the six states in New England, New Hampshire saw the largest increase in sales at 20.2 percent, while Rhode Island showed the largest decline in prices at 5.8 percent. Massachusetts and Maine, in fact, were the only states that didn’t see their home sale prices fall.  


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19 May 2012

Sinatra adds to holdings with 3 purchases

Sinatra and Co. Real Estate has added to its local holdings, buying three properties in Buffalo worth a combined $5.76 million.

The Town of Tonawandabased company this week acquired two apartment buildings plus a building containing both apartments and storefronts that was the former home of the Lexington Co-Op. The properties were bought from affiliates of the Barons of Buffalo LLC investment group.

The three properties are: 400 Elmwood Ave., 220-230 Lexington Ave., and 1106-1110 Main St.

The Elmwood Avenue property is a 76-unit apartment complex south of Bryant Street that sold for $2.4 million. Property records show Barons bought it for $2.5 million in 2008.

The occupancy rate at 400 Elmwood is less than 50 percent, and Sinatra plans to upgrade the units over the next year.

The Lexington Avenue property, west of Elmwood, sold for $1.71 million. Dane Chapin of Barons of Buffalo bought the property for $1.45 million in 2007, according to county records.

The property contains four storefronts, all of which leased,

and 20 apartments, which are nearly fully occupied. The storefront tenants are Kuni’s, Vera’s Pizza, Wild Things Design jewelry store, and the Configuration Dance Theatre and School of Ballet.

Sinatra described the Lexington property as in “great shape. It’s a wonderful building.” The Co-Op left the property for its new home on Elmwood Avenue in 2005.

The apartment complex at Main Street sold for $1.65 million. The complex is near the Buffalo Niagara Medical Campus, south of Summer Street.

The complex’s 32 units are about 80 percent occupied. Sinatra said the property will be upgraded but probably not for two to three years, given other projects his company is tackling first. The property’s proximity to the growing medical campus and its ample parking were part of its appeal, he said.

Barons’ Chapin did not return messages to comment on the deals.

Chapin is a partner in Zephyr Partners in San Diego. Zephyr’s website says Chapin founded Barons in 2006 as a private equity investment vehicle “dedicated to acquiring undervalued multifamily and commercial real estate in New York.”

Sinatra said his purchase of the Fenton Apartments from Barons last year opened the door to his subsequent deals with Barons.

mglynn@buffnews.comnull


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19 May 2012

Celebrity sellers have little effect on home prices

Their internationally recognized names sell music and movie tickets. They promote perfumes and presidents. But when it comes to selling their own houses, celebrities often find that their cachet doesn’t pull in the cash.

Actors Goldie Hawn and Kurt Russell haven’t found a buyer for their Malibu beach house, which comes with a raft of celeb-friendly amenities including a covered outdoor living room, a spa-like bath retreat and a meditation room. So the couple have nipped $3.5 million from last year’s price, listing the Balinese-influenced oceanfront spread at $11.2 million.

Ozzy and Sharon Osbourne managed to sell their Malibu place for $7.925 million — nearly 21% off the original asking price. But the Architectural Digest-worthy Hidden Hills mansion owned by the first couple of hard rock has had no taker since it was listed last year at almost $13 million.

Actress Meg Ryan has put her Bel-Air manse back on the market at $11.4 million — a 42% price chop from its 2008 listing.

Although the masses respond to rock-star branding, housing is too expensive for celebrity ownership to make a measurable dollar difference, said Elizabeth Currid-Halkett, author of “Starstruck: The Business of Celebrity” and an associate professor at the USC School of Policy, Planning and Development.

“This is different than buying a sports drink because Tiger Woods endorsed it,” Currid-Halkett said. Home value is too complicated, she said, with lots of variables: the season, the location, the quality of the home.

“In the art world, there is this notion of provenance — that who owns something can detract or add to the value,” Currid-Halkett said. “But it does not seem to translate to celebrity homes.”

Having a big-name seller certainly draws attention to a home listing and can speed up the process.

The Los Feliz home of singer Katy Perry and actor Russell Brand went into escrow last summer nine days after it appeared on the Multiple Listing Service.

“I immediately had people knocking on the door,” said Ernie Carswell, a founding partner at Teles Properties.

The Perry and Brand names increased the number of views online, and the word among agents spread more quickly, shortening the sales time, Carswell said.

The intense interest failed to pump up the price, though. The gated 1920s home sold for $3.3 million — about 3% shy of the asking price.

The value of a house has more to do with the individual stamp the person puts on the property, real estate experts say, than a famous autograph on the sales contract.

“Typically what adds the value is what they do to the home,” said Ellen Galeski, owner of Appraisals by Ashby, a Los Angeles company with about a dozen appraisers and a history of working with celebrity clientele.

The homes of stars are often redone by designers who have fabrics made for the draperies, use time-consuming methods such as Venetian painting or travel abroad to select the marble, she said. “One brought in painters from Italy to do murals, and they spent a month on it.”

When actress Jennifer Aniston put her 10,000-square-foot house in Beverly Hills on the market at $42 million last year, she turned the heads of even seasoned real estate professionals.

“Every agent in town wanted to go see it,” Carswell said.

Although Aniston didn’t get that initial asking price, the $35 million paid by Pacific Investment Management Co. co-founder and billionaire Bill Gross caused a collective intake of breath in the local real estate community.

Aniston is not only a highly visible actress but she is also known to have impeccable taste in home furnishings and design, said Drew Mandile, a real estate agent with Sotheby’s.

“She did a beautiful job on that house. Done to the nines with every convenience that one could think of for a bachelor or a bachelorette — quality walls, floors, ceilings.”


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19 May 2012

Home sales stronger, but with caveats

The nation’s Realtors say they have just finished the strongest first quarter in home sales in five years, and sales contracts are pointing to a strong second three months.

At the National Association of Realtors’ midyear meetings in Washington this week, chief economist Lawrence Yun said “positive underlying economic factors” were helping spur home sales.

Among the positives, according to Yun, are high affordability conditions, increased job creation, improving consumer confidence, and an increase in rental costs that make mortgage payments look like a bargain.

Much of the current growth in existing-home sales is investor-driven, however, because mortgage credit remains tight and owner-occupied sales still constitute a smaller share of the market than needed for sustained improvement.

The precipitous drop in housing prices since the bubble burst in 2006-07 created millions of potential bargains for investors, who typically pay cash.

Yun said the all-cash deals, accompanied by a recovery last year in vacation-home sales, were “hiding the current dysfunctional mortgage market. Tight mortgage credit is holding back a stronger recovery. Banks are hoarding cash, possibly from regulatory uncertainties and lawsuits.”

The regulatory uncertainties center on rule-making efforts by the Consumer Financial Protection Bureau, which is responsible for implementing provisions of the Dodd-Frank act for reform of the mortgage industry.

Those rules will be proposed formally in the summer and are required to be in force by January 2014.

Home sales had been flat basically from 2008 through 2011, despite government efforts to kick-start the real estate market with tax credits in 2009 and 2010 — a move that many in the industry say postponed recovery when sales and prices plummeted for more than a year after the program ended.

Yun predicts existing-home sales of 4.6 million to 4.7 million in 2012, compared with 4.26 million in 2011.

In the first four months of 2012, existing-home sales in the eight-county Philadelphia region totaled 12,106, compared with 11,083 in January through April 2011, a 9.2 percent increase, according to the latest data from Prudential Fox Roach HomExpert. There were 4,421 sales contracts signed in April, compared with 4,533 in March, but that was 14.1 percent more than in the same month in 2011, HomExpert reported.

The data focus this week will be on national home sales. A rise in sales contracts for existing homes nationally in February and March points to an increase in closings in April, according to economist Patrick Newport at IHS Global Insight in Lexington, Mass., “but much will depend on successful mortgage applications and all-cash investor sales of distressed properties.”

IHS predicts a “minor increase in sales” — 2.7 percent to a 4.6 million annual rate.

Meanwhile, an increase in permits for new home construction in April suggests builders observed an uptick in new-home sales that month, Newport said, adding that “we have penciled in a 2 percent increase, to 335,000 units.”

Contact Alan J. Heavens at 215-854-2472, aheavens@phillynews.com, or follow @alheavens at Twitter.


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