| ForeclosureS.com: 364000 Homeowners Face Foreclosure So Far This Year
SACRAMENTO, Calif.--(BUSINESS WIRE)--The worst of the U.S. housing slump may be over but not the foreclosure nightmare that haunts many of the nation's homeowners. More than a quarter-million (253,803) pre-foreclosures and notices of pending foreclosure auctions were filed nationwide in the first quarter of the year. That means 2.4 out of every 1,000 homeowners faced losing their property to foreclosure in the first three months of 2007, according to new and expanded foreclosure filing numbers now available from ForeclosureS.com, a California-based real estate investment advisory firm and publisher of foreclosure and property information. Those numbers are up 22.5 percent from the 207,128 filings in the fourth quarter 2006. They also don't include tens of thousands more now-vacant properties that actually were lost to foreclosure during that same period.
TCGL invites global bids for sale of properties
Ahmedabad, April 11: In order to provide a thrust to the tourism industry in the State, the Tourism Corporation of Gujarat Ltd (TCGL) has invited global bids from Indian companies, overseas corporate bodies and eligible foreign companies for sale of its properties located in prime tourist locations in Gujarat. This follows the steps taken by the State Government to improve the tourism industry in the state. These measures include setting up of Gujarat Tourism Council headed by the Chief Minister, declaration of Hotel Investment Incentive Scheme, introduction of Heritage Hotels Policy, Eco Tourism Policy and Medical Tourism Policy, reduction in Entertainment Tax from 55 per cent to 25 re cent, reduction and restructuring of luxury tax and reduction of Value Added Tax on F&B from 12.50 per cent to 4 per cent.
Lighthouse illuminates dream
Across the miles, the dream of a lighthouse in Rhode Island brought them closer together. Recently, their dream came true when Juli and Jon Chytka took possession of the Hog Island Shoal Light, off Portsmouth in Narragansett Bay. The Chytkas bought the century-old lighthouse for $165,000 in an online auction, making Hog Island the first lighthouse in New England to be auctioned by the federal government. Even more remarkable is how they did it. At the time of the auction last summer, Jon Chytka, 40, was in Baghdad, a lieutenant colonel and second-in-command of an Army Corps of Engineers battalion responsible for civil military operations, reconstruction and defusing explosive devices. His wife, Juli, 36, was in Giessen, Germany, where he is stationed when not in the Middle East.
Swettenham's First Class National Draft
With the Sydney Easter sales now behind us, the Swettenham Stud sales focus turns to the Gold Coast where a draft of 57 horses is being prepared for auction. The Magic Millions National Sale, regarded as one of the finest thoroughbred auctions in the Southern Hemisphere, will kick away with the first weanling session on May 28. Swettenham Stud are presenting a quality packed draft of weanlings, yearlings, race fillies and broodmares. Twenty two weanlings will be presented under the Swettenham Stud banner for the National Weanling Sale. Among them are colts by Cape Cross, Dubai Destination, Elusive Quality, Exceed and Excel, Fastnet Rock, Iglesia, Reset, Shamardal, Tiger Hill and Untouchable and fillies by Cape Cross, Dubai Destination, Fantastic Light, Iglesia, Red Ransom, Refuse to Bend, Tale of the Cat, Tiger Hill Some 25 fillies and mares have been catalogued for the National Broodmare Sale.
Bids solicited to expand Sharon sewer plant
Sharon council Thursday approved putting the project out to bid. Under an agreement with the state Department of Environmental Protection, the "shovel has to be in the ground" on the expansion by the end of June, said council President Fred Hoffman. The price tag for the new plant will likely be $40 million to $42 million — about $10 million more than the city had expected in January. The city got a $15.7 million loan from PENNVEST, the state agency that provides loans to improve public infrastructure, and will meet next week to chose a bond company to finance the rest of the cost, Hoffman said. He said proposals are due today. The upgrade is mandatory to get the plant up to federal Environmental Protection Agency regulations. Since signing an agreement with DEP in 2002, the city has paid $139,000 in fines for violations, said DEP community relations coordinator Freda Tarbell.
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