Mortgage Fraud Committed by a Home Builder

August 10, 2010
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Jacksonville, Florida – Marshall Craig Scott was found guilty of committing mail fraud, wire fraud, and conspiracy to commit mail fraud. Scott faces a maximum penalty of 145 years in federal prison. The sentencing hearing is scheduled for June 24, 2010. Scott was indicted on October 29, 2009.

Scott was one of four conspirators who schemed to defraud a variety of lending institutions in connection with residential home mortgages. Scott was one of three owners of American Home Builders, Inc. (AHB), who participated in a scheme to trick lending institutions into lending money to fund the purchases of new homes built by AHB.

Evidence established that the “extra money” extended by the…

Features to Qualify as Green Home

August 10, 2010
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Nowadays, the word “green” becomes a catchphrase when it comes to modern and contemporary home building and concepts. There are different standards and qualifications that will make up an eco-friendly and green home that is the universal of what the word “green” is about.

Green homes are greatly preferred by modern day home owners not only because of its environmental-friendly ideas and structure but it is also a great way of qualifying for incentives and other compensations since almost all states are giving credits for homes and infrastructures.

Energy efficiency is the basic standard that must be manifested in the entire structure, foundation and concept of the house. This is shown in…

The Growing Multi-Generation Housing

August 10, 2010
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Unlike in some cultures, in America an attitude of independence has reigned and living in multi-generational households has just not been as popular.

Nowadays, times are changing and multi-generational households are a rapidly increasing trend which is changing what buyers are looking for in a house. “There are a lot of people doubling up,” says Barry Goggin, owner of Ronkonkoma.

According to a poll by Coldwell Banker, 37 percent of its 2,360 agents polled noted increases in buyers who want to purchase homes that can accommodate multi-generational families. “There are times when there are young families moving back into a home because they can’t afford their own home and the owners of…

Benefits of Renting over Buying in London

August 3, 2010
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London is a melting pot of cultures and lifestyles making it one of the most diverse places in the UK. Home to many of the world’s leading companies and an endless array of things to do and places to visit, it is little wonder that it appeals to so many as the ideal place to live.

For those looking to move to London the most popular option is to rent a place to live instead of buying. Because of the high property prices it can be easier to find flats to rent in London over houses for sale in London. Due to the nature of the property market in London with a…