Saturday, May 30, 2009

Cortina Inn gets no bites: Sellers set $2M minimum bid - Times-Argus

MENDON — Bidding on the closed Cortina Inn opened at $2 million on Friday but no one was buying. Fourteen bidders turned out for a court-ordered auction outside the 96-room inn. But once the minimum bid amount was announced, the developers and ..., more 
and New loan modification, short sale options available - Thecalifornian.com  Now, mortgage modifications can include second mortgages not just first mortgages. What's more, cash incentives are sweetening short-sale deals, both thanks to new efforts by the Obama Administration. The new efforts give some homeowners a second ..., more 
and Isle bankruptcies soar - Honolulu Star-Bulletin  Statewide bankruptcy filings continued to mount in May as the highest unemployment rate in three decades and triple-digit foreclosure increases kept Hawaii residents scrambling for financial relief. The number of filings this month increased 60.4 ..., more 

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