Properties at Costa Rica

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Question: My wife and I own our home free and clear. Unfortunately she is losing her job and my employer is considering an across-the-board 30% pay cut. Our children are grown, so we have too much house for the two of us.

Real estate’s bubble burst forces mega projects closure
ARACHI - The property prices in Dubai have slumped sharply in the backdrop of the current World economic meltdown. Dozens of new projects either have been shelved or suspended by the developers in Dubai amid intensifying crisis in real estate business.

Sacramento ranks high in list of distressed retail real estate
Madison Marquette, which owns 20 million square feet of retail and mixed-use properties across the country, compiled the list with its own research along with that of CoStar, a commercial real estate information company.

Slowdown signs - USD 263 billion realty projects delayed or canceled
Morgan Stanley said that around USD 263 billion worth of real estate projects have been delayed or cancelled as the UAE’s property sector is dealt a worse than expected blow by the global financial crisis.

DJ Cheung Kong Infrastructure To Sell Pwr Plant Stakes To Affil [XFNA]
HONG KONG (Dow Jones)–Cheung Kong Infrastructure Holdings Ltd. (1038. HK) plans to sell its stakes in three of its four power plants in China to its 39%-owned Hongkong Electric Holdings Ltd. (0006.

Income Tax department goes realty shopping
Extract not available.

Trying to help financially troubled U.S. homeowners
People seem to pass certain milestones on the road of financial desperation. First the unpaid bills pile up. Then the bank forecloses. Finally, they reach the end of the line: bankruptcy court.

Land for SEZs could be ‘misused’ by real estate agents: Panel
Releasing a report of public hearings conducted in various SEZ areas in the state, a member of the group, Professor Shanmugam Velayutham of the Chennai-based Loyola College, said land for the purpose of SEZ was ‘being acquired from farmers’ and handed