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| ISLAND HAPPENINGS |
Land Bank Purchases Orange Street Property for $5 Million
The 1.4 acre parcel includes two houses and a dock on the salt marsh known as The Creeks located at the edge of town with a view of Monomoy. The property extends from 158 Orange St. to the water, and abuts to the south an eight-acre parcel the Land Bank already owns. In 2008 the Land Bank took in around $11 million. |
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Land Bank Home Page |
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| REAL ESTATE BUZZ |
Short Sale Update
JPFCO is pleased to announce that it has successfully represented the selling side of the transaction in multiple short-sales in the last few months. It has been a great learning experience, and an even greater feeling of success to help sellers who found themselves in a tough financial spot. It is a roller-coaster ride, but if diligently executed it can work out well for both buyer and seller. |
| Basic Short Sale Details |
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| RENTAL BUZZ |
House Swap?
If you own a home on Nantucket, and feel that you may not get all of your weeks booked, you may want to consider 2009 as a year that a house swap might be an option for you. It would give you the opportunity to travel anywhere in the world, and essentially "trade" your house for a week. We have heard that Nantucket is picking up speed as a destination of house swaps... |
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Options & Details |
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| NOTES FROM PEPPER THE ELDER |
Visa's For Foreign Workers
Just when you think it couldn't get any
worse, Congress passes a bill to restrict H-1B visas, which are
issued to skilled foreign workers. Let's protect our domestic workers. Right?
Wrong. Over the last decade over 50% of Silicon Valley start-ups
were founded by immigrants to the tune of about 500,000 new workers.
But. Oh no. Let's say we pay for education and health care for
illegals. Now that's an idea whose time has come.
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