Real Estate

Toledo homes may not be selling rapidly, but income-generating rental properties are.

Thirteen apartment complexes were auctioned off in Toledo this week as one of the largest commercial auctions in the area by the Pamela Rose Auction Co. LLC.

Up for bid were 17 properties with up to 28 units each, and 40 potential buyers participated at the event in Gladieux Meadows in south Toledo.

Toledo Mayor Carty Finkbeiner today is expected to announce a tentative, multimillion-dollar agreement with California-based Tetra-Tech to purchase several city-owned parcels, including the Erie Street Market, as part of plans to develop a Toledo Riverwalk near downtown.

Thursday morning Brian McMahon of Danberry Realty will be my guest to discuss recent developements the WSPD News Department has uncovered regarding property near Toledo Express. For the last two years at least I have suggested as have others that we should look at an intermodal facility at the airport.

John Ulmer, the founder of the Westhaven Group - once the largest residential property owner in Lucas County - and his son, Scot Ulmer, a president of the defunct company, were indicted for securities fraud and racketeering for defrauding investors.

http://money.cnn.com/2008/04/08/real_estate/radical_city_plan/index.htm?...

The Federal Reserve System on Tuesday announced the availability of a set
of dynamic maps and data that illustrate subprime and alt-A mortgage loan conditions
across the United States.

http://www.reuters.com/article/gc03/idUSN2830318520080328

By performing this act, the city has just told people to stop paying their mortgages. They also told people to stop paying their property taxes.

(Renters, of course, being second-class citizens, must still pay their rents or they will be evicted.)

Vote NO on ALL Tax Issues !

Vote NO on the Oregon School Property Tax !

VOTE NO NO NO !

Remember Taxes Are Like Drugs, Just Say NO !!

Get Everyone you can to go Vote next Tewsday! We need as many NO Votes On ALL Tax Issues as we can get. So call your family, friends and co-workers. Get them out to Vote NO. Taxes Are Like Drugs, Just Say NO !!

Taxes Are Like Drugs, Just Say NO !

Show that they cannot scare you with their BS lies and tactics. Show them who is BOSS !

VOTE NO ! VOTE NO ON ALL TAX ISSUES !

And Remember that TAXES ARE LIKE DRUGS, JUST SAY NO !!

I read this in an old metro press, interesting facts !

I am just a normal middle class person living in Oregon, Ohio. I have lived here for the past 17 years. Our family of four loves this community, but we, like many other families in Oregon and other areas I am sure, just cannot pay any more taxes. We may have to sell our home to move to an area with lower property taxes.

Vote NO NO NO on the Oregon School Levy. Tell the School Board to fix the problem, Not Tax our Homes. Let them know that No means NO !

Taxes Are Like Drugs, Just Say NO !!

"CLEVELAND—The city of
Cleveland, an epicenter of the nation's home foreclosure crisis, has
sued 21 banks and claimed their subprime lending practices created a
public nuisance that hurt property values and city tax collections.

The
lawsuit was filed Thursday in Cuyahoga County Common Pleas Court, and

Upon first read, the article in The Blade makes a very valid point: No business plan yet, and nothing coming soon for the Erie Street Market. So take a look at the article, http://toledoblade.com/apps/pbcs.dll/article?AID=/20080112/NEWS16/801120...

Then take a look at the sentiments I sent to Council.

http://youcantbe1st.blogspot.com/2008/01/letter-to-city-council.html

D'ya think County Treasurer Kapszukiewicz will reduce property taxes after hearing this news? Not likely, but he should because many of our homes are overvalued for the property taxes we're paying.

For a rebirth of Toledo and it's values, needed change must take place at the school board level. Now. We can not afford to wait. It is imperative that Toledo voters make an informed choice for the two seats that will be vacant on December 31, 2007.

DEARBORN, Michigan (Reuters) - Robert Neal is in heaven. "This is not a buyer's market, this is a buyer's paradise," said the 37-year-old former auto worker as he waited for a foreclosure auction to start in this Detroit suburb.

Dear Toledo Businesses/Residents,

We are writing to spread awareness of the recently announced Emergency Block Watch meeting:

When: September 7, 2007 (Friday) at 7:00pm

Where: 3274 Upton Ave. (Bethany Lutheran Church)

Firm trying to buy up land for athletic fields

By TOM TROY
BLADE STAFF WRITER

Central Catholic High School's effort to expand its campus with two new practice fields is generating friction with the property owners who are being asked to move out.

Ohio and Michigan remain among the states with the highest foreclosure filing rates for the first quarter, and Toledo ranked 29th out of the 100 largest cities, a new study shows.

Read the story here: http://toledoblade.com/apps/pbcs.dll/article?AID=/20070426/BUSINESS06/70...

Champaign drinkers on a beer budget as my mother use to say

"Alarmed lawmakers, such as Republican Senator Richard Shelby (news, bio, voting record) of Alabama, say the recent spike in home repossessions is just "the tip of the iceberg."

http://news.yahoo.com/s/afp/20070325/bs_afp/useconomypropertypolitics_07...