Posts Tagged ‘real estate’

FLIPPING OUT — Flipping houses is popular in much of the country, but in Mississippi …

by Published: August 29,2014

Tags: Business, Mississippi, Re-Max Partners, real estate, RealtyTrac

Cash purchases of homes in the U.S. have reached an all-time high representing one in three purchases. And while many of those are people who are buying a personal home or second home, a significant number are purchasing the homes as investments either to offer as rentals or to “flip”. The idea is to buy […] [...]

August 29th Digital Edition

by Published: August 29,2014

Tags: construction, FOCUS, MBJ, Mississippi Business Journal, real estate

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PriorityOne buys mortgage lending offices; forms ‘Delta Division’

MAGEE — PriorityOne Bank has acquired new mortgage lending offices in Greenwood and Greenville, which have been dubbed the “Delta Division” of PriorityOne Mortgage. These offices will give PriorityOne Mortgage the ability to service cities and towns in the Delta region of Mississippi. Robert J. Barnes, president and CEO of PriorityOne Bank, said, “We are […] [...]

FNC launches modernized version of AppraisalPort

by Published: August 26,2014

Tags: AppraisalPort, FNC Inc, Jon Fisher, mortgage technology, real estate

OXFORD — Mortgage technology firm FNC Inc. has released a new version of its own product, AppraisalPort. “The new AppraisalPort platform is completely modernized. It’s one of the more advanced sites you’ll see, definitely in our industry and I believe in the technology world in general,” said Jon Fisher, managing director of product management at […] [...]

Judge rules for Fish and Wildlife Service in frog habitat case

NEW ORLEANS — A federal judge has ruled that U.S. Fish and Wildlife officials were within the law when they declared thousands of acres in Louisiana and Mississippi as “critical habitat” for the endangered dusky gopher frog. The case involved 1,544 acres in St. Tammany Parish and 5,000 acres in Mississippi named as critical habitat […] [...]

MBJ Special report: MDA numbers help with cities’ retail pitches

by Published: August 21,2014

Tags: Business, commercial development, Mississippi, real estate

Mississippi communities looking to land a big retailer such as Walmart or Target often give the Mississippi Development Authority a call. That is where they will get the retail sales numbers for their area broken down to nearly a dozen categories. The numbers, through “pull-factor” calculations, also give an idea of whether the buyers live […] [...]

MBJ Special Report: Cities learn value of partnering for retail

Mississippi’s mayors and county supervisor chairs relish putting on hardhats and grabbing a shovel for groundbreakings on new retail developments. But to get to that point, communities are learning they must shape partnerships with developers instead of depending on a developer’s determination to walk over hot coals in bare feet to get a project built. […] [...]

Coast family wins $644K in tideland lawsuit against state

BAY ST. LOUIS — A family that owned a beachfront restaurant in Bay St. Louis before Hurricane Katrina has won $644,000 against the state in a lawsuit, with jurors ruling land the state took to build a new small craft harbor was not state tideland but private property. Paul Scott, a lawyer for the Murphy […] [...]

Bench trial to begin today over land for dusky gopher frog

NEW ORLEANS — A federal judge is hearing arguments on the claim that federal wildlife officials made an illegal land grab by listing 1,500 acres of private land in Louisiana as critical habitat for an endangered burrowing frog. U.S. District Judge Martin L.C. Feldman scheduled a bench trial today for the challenge to the U.S. […] [...]

Court ruling on Section 42 leaves taxpayers on hook for tax repayments

JACKSON — While some 14 Mississippi counties owe Section 42 housing developers millions in over-charged taxes, Hinds County’s taxpayers are not exposed to such refunds as the tax assessor has levied assessments according to the state law. Tax Assessor Charles Stokes said Hinds County taxpayers can rest assured his office has calculated property taxes appropriately. […] [...]

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