Kriseman seeks to reclaim hundreds of 'dead' properties using outside legal help – Tampabay.com

Tampabay.comKriseman seeks to reclaim hundreds of 'dead' properties using outside legal helpTampabay.comHis typical fee — in most cases 33.3 percent of whatever the city collects — will be on about 10 cases initially. He predicted his … But real estate speculators, their identities carefully protected under layers of shell corporations, don't have …and more »

Buying A House with Flat Fee Realtor (Pfblog)

A decade ago in 2003, we bought our first house of $315K. We knew very little about home purchase back then, and listing information on the internet is a scarce resource. Through some luck, we managed to find an real estate agent who was willing to give us a 20% rebate of her 3% commission, a rarity at that time. We benefitted a lot from her expertise throughout our first home purchase experience, and of course, the rebate, amounting to $1,890 ($315K x 3% x 20%), as well. After all, the $2K-shy bounty was 1.5% of our net worth back then. And our share of the realtor commission ended up being $7,560 ($315K x 3% x 80%) — even though technically the seller paid the commission, it's still coming from our money. I estimated the agent probably spent 30 hours on our case, yielding a hefty $250 hourly rate.
Fast forward to late 2005, we chose to sell our house before my job assignment to Asia. Being more comfortable with the details of real estate transactions, I decided to sell it myself instead of through an agent (a.k.a. FSBO, or for sale by owner). …


New York State Assembly Speaker Sheldon Silver Arrested on Corruption Charges

Preet Bharara, the United States Attorney for the Southern District of New York, and Richard Frankel, Special Agent-in-Charge of the Criminal Division of the New York Field Office of the Federal Bureau of Investigation (“FBI”), announced today that New York State Assembly Speaker SHELDON SILVER was arrested this morning on charges that he used his official position to receive nearly $4 million …

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