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Flexible mortgages help debt problems

Britons are feeling particularly positive about flexible mortgages at present, as they see them as a good way to ward off debt problems. This is ...

Real estate notes from The Oklahoman for Feb. 10, 2018

Plaza Mayor mall goes up for sale

Plaza Mayor at The Crossroads, formerly Crossroads Mall, closed since last fall, is being offered for sale for $8,273,350 "for anything from industrial distribution to retail," according to Price Edwards & Co., which has the listing "at far below replacement cost" for owner CRM Properties Group.

The 800,070-square-foot mall, at the northeast corner of Interstate 35 and I-240, is on 63.31 acres. The owner is willing to divide to minimum 10-acre parcels, Price Edwards said. The site is zones I-2 Moderate Industrial.

The property "offers an investor or developer the opportunity to own property at arguably the best intersection in the state of Oklahoma," Price Edwards said. "The premium location and sheer size of the project provide the opportunity to be creative through redesign and redevelopment as an education hub, industrial distribution center (or) a full mixed-use project that could include retail, office, garden office, residential and flex space.

Historic Centerville Neighborhood Celebrates Grand Opening of New Affordable Apartment Community

CAMDEN, NJ - ​​​​​​​With the snip of a red ribbon, the City of Camden celebrated the latest milestone in the revitalization of the important and historic neighborhood of Centerville, at a grand opening ceremony for The Branches at Centerville. The new development brings 50 modern, energy efficient, high-quality affordable rental apartment homes to a site formerly occupied by obsolete public housing.

The ceremony was hosted by The Housing Authority of the City of Camden (HACC) and its private-sector partner, The Michaels Development Company, and attended by city officials, state, and federal officials as well as residents and other community stakeholders.

“This is truly a great day for the City of Camden and the Centerville neighborhood, and I’m proud to say it’s just the first of many great days to come,” said HACC Executive Director Victor D. Figueroa.

The $16 million three-story low-rise building is the first phase of a comprehensive redevelopment planned for the former site of Clement T. Branch Village.

Who should get a flex pay mortgage loan?

So my husband and I have found a home that we really love but its out of our price range at the current moment. I have a job in September on hold when I graduate from college and we will be able to afford the house then, but it will probably be gone.

Those loans are generally gone. They are certainly gone if you also don't have a down payment.

The reason they are gone is that they were too high risk for the average person to correctly handle.