Breaking News

Forbearance? Deferment? What should I do?

Mr. Feichthaler: Due to the pandemic, I lost my job and entered into a forbearance with my bank, so I haven’t made a mortgage payment in 12 months. Now, the forbearance period is over, and they are asking for a lump sum of the 12 months of payments. The bank is offering me a deferment, so ...

Third quarter condo sales lower versus second quarter

We saw a large drop in the number of closed condo sales in the third quarter compared to the second quarter of this year, which was a return to a more normal historical sales pattern. In most years, the number of closed sales usually hits a peak in the second quarter and then tails off in the ...

The orchid – a beautiful survivor

We have all undoubtedly encountered orchids throughout our lives, whether as an Easter or prom corsage many years ago, as a beautiful blooming gift, or as a daily presence in our gardens here in Southwest Florida. But have you ever stopped to think about the origins of this magnificent plant? ...

Your final tax bill will always be higher than the TRIM notice

Mr. Feichthaler: I received the tax notice over the summer, saying that my property taxes would be around $2,200. I received my bill this week and the total was $2,700! I though the taxes could not exceed the amounts on the TRIM notice. — Kelly B. Dear Kelly: The Truth in Millage ...

‘Save Our Homes’ savings should continue

Mr. Feichthaler: My husband and I moved to Cape Coral 15 years ago and made our home our primary residence. We also have a home in Ohio. I kept my Ohio driver’s license, so only my husband applied for the homestead. My husband passed away a few months ago, and I am wondering whether our ...

Third quarter home supply increases, but remains tight

The quick overview about the monthly supply levels of single-family homes for sale in Cape Coral is that the third quarter inventory increased from the second quarter of this year, but it still remains abnormally low. Out-of-town buyer demand remains strong against tight supply. As ...