Word: refurbishers
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...that the hard way because they can't afford new cars, but it is a lesson which is not likely to be unlearned. People are going to keep cars longer and fewer new cars are going to be sold. America's car companies are in a better position to refurbish or repair cars and trucks than local mechanics are. Their service departments have almost uniformly well-trained people. They have access to new parts from the manufacturer. They have the ability to schedule and control the flow of service to customers. They can loan customers cars. And, they are literally...
...hundreds of thousands of homeowners like Butler via mortgage-restructuring aid. But for reasons no one in Washington has adequately explained, that part of the bill never really materialized. What foreclosure-ravaged communities got instead were slivers of a $4 billion Neighborhood Stabilization Program (NSP) fund to buy and refurbish already foreclosed homes. The city of Miami Gardens received $6.8 million, enough to acquire about 40 homes, less than 1% of the more than 4,000 units the city has in foreclosure, which amounts to the worst housing crash in hard-hit Florida. Meanwhile, foreclosures nationwide, the root...
...Kingsmill snared a warehouse-style set-up in North Manly, in the heart of Sydney's surf scene. For their $7 million, the new owners acquired the Mambo brand everywhere except the European Union, as well as the nine Australian stores, which Sydney architect Kelvin Ho will refurbish, Kingsmill says, with a "gallery-type feel...
...some 400,000 desperate homeowners like Harvin keep their homes via mortgage refinancing aid. They're happier still that President Bush said he'll sign it, despite his objections to the refinancing trust fund as well as the $4 billion set aside to help local governments buy up and refurbish already foreclosed homes (the President described these provisions as giveaways). "We feel a large measure of hope," says Miami Gardens councilman and real estate lawyer Andre Williams. "This isn't just about maintaining houses, it's about preventing the destruction of families and communities. A city's quality of life...
...their fields to property developers without adequately compensating farmers. "They sold our land and made money off it," says one resident, "but they gave us nothing." More than 2,000 villagers signed a petition accusing top local official Lai Zhenchang of masterminding the scheme. Officials used the proceeds to refurbish their homes and send their children to study overseas, villagers say; farmers were offered $8 a month each in compensation. (The Foshan city government, which has supervisory authority over Xiantang, did not respond to requests for comment. Lai can't be located...