Detroit Properties News

Naples man accused of illegally flipping 235 Ohio homes ends extradition fight - Naples Daily News

Naples man accused of illegally flipping 235 Ohio homes ends extradition fight Naples Daily News Records show he's filed for bankruptcy three times, had similar legal problems involving loans in New Jersey in the late 1990s, faces lawsuits in Detroit over similar land flips and was sued in federal court last month by a Mississippi leasing firm. and more »

Electric and Futuristic Cars at the 2012 Detroit Auto Show [PHOTOS & VIDEOS] - International Business Times

International Business Times

Electric and Futuristic Cars at the 2012 Detroit Auto Show [PHOTOS & VIDEOS] International Business Times "You can make really green progress on the road without compromising on any of the luxury car's renowned properties. Toyota still believes in fuel-cell vehicles. Its FCV-R vehicle stands for Fuel Cell Vehicle -- Reality and Revolution. ... and more »

Men smash through wall to steal hair - WDIV Detroit

Men smash through wall to steal hair WDIV Detroit Shin came to Detroit years ago from South Korea and has worked to buy eight properties and lease them out to beauty supply stores, hair salons and tax preparation businesses. He works to make sure he's buildings are something the neighbors can be proud ... and more »

More Detroit area home foreclosures expected - The Detroit News

USA TODAY

More Detroit area home foreclosures expected The Detroit News The number of foreclosures this year will exceed last year's 55748 properties in the Detroit-Livonia-Warren area but not 2010's record 79623 properties, according to RealtyTrac. The region and Michigan had an artificially low number of foreclosures in ... Foreclosures hit lowest level since 2007 across countryDetroit Free Press Foreclosures Decrease 34 Percent in 2011RisMedia.com (press release) Foreclosure Filings Off Nearly 30%, RealtyTracOurBroker.com National Mortgage Professional Magazine all 557 news articles »

Dan Gilbert's Detroit Real Estate Deals Mark Ambitious Development Plan - Huffington Post

Dan Gilbert's Detroit Real Estate Deals Mark Ambitious Development Plan Huffington Post Quicken Loans founder and chairman Dan Gilbert spent 2011 buying up Detroit skyscrapers, brownstones and parking lots to add to his portfolio of downtown holdings. He even formed a new company, Bedrock Real Estate Services LLC, to manage his real ...

Moroun empire stretches far, wide - The Detroit News

Boston.com

Moroun empire stretches far, wide The Detroit News In addition to the derelict train depot, a National Historic Landmark, he has bought properties near the bridge in Windsor and Detroit under a subsidiary called Mexicantown Real Estate. Moroun's reputation as a shrewd businessman has been solidified ... Manuel 'Matty' Moroun Sentenced In Ambassador Bridge Company Gateway Project SuitHuffington Post all 816 news articles »

Dearborn man sentenced to one year for mortgage fraud scheme - Dearborn Press and Guide

Dearborn man sentenced to one year for mortgage fraud scheme Dearborn Press and Guide According to court documents, Beydoun, Wade and others concocted a scheme to defraud IndyMac Bank in connection with the purchase of four properties located on Tuscan Hills Dr. in Plymouth. Wade was in the real estate-flipping business and Beydoun was ...

Detroit Real Estate Investment Set to Grow - NuWire Investor

Detroit Real Estate Investment Set to Grow NuWire Investor Detroit is one of the hardest-hit regions in the US real estate market, but things may be changing as a result of federal intervention. President Barack Obama has vowed to invest in the regeneration of the Motor City, and property investors are set to ...

Loophole lets property owners skip tax - MSN Money

Loophole lets property owners skip tax MSN Money By Teresa Mears on Fri, Jan 13, 2012 4:09 PM Property owners in Detroit have found a novel way to avoid taxes: Let their properties go into foreclosure and then buy them back from the county for $500 each. Landlord Jeffrey Cusimano avoided about ...

Movie theaters win big property value challenges - WJBC News

Movie theaters win big property value challenges WJBC News The largest reductions were, not surprisingly, won by commercial properties. The largest single reduction in assessed value was $526689, granted to GKC Theaters Inc. for its Palace theater at 415 Detroit Drive on Bloomington's east side. ...