Category: Law News

Beginner Michigan pilot Taylor Hash lands plane with missing wheel in emergency landing

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A beginner pilot in Michigan safely landed a plane that was missing a crucial part Friday after another pilot coached her through the terrifying, caught-on-camera moment Friday.

On Taylor Hash’s third-ever solo flight, she lost the aircraft’s front nose gear tire as she cleared the runway and ascended into the air.

The missing piece was quickly noticed by another pilot who was preparing to take off, according to reports.

The veteran pilot alerted the control tower at Oakland County International Airport about the mishap, and then jumped into action to offer life-saving guidance to the freaked-out 21-year-old.

The more experienced pilot, Chris Yates, radioed Hash and quickly reassured her as he heard her voice tremble.

“Taylor, this is Chris. My daughter’s name is Taylor and I taught her to fly! We’re gonna be just fine, kiddo,” Yates said over the radio, according to WXYZ.


Taylor Hash was given a helpful hand from an experienced pilot after he was told that his landing gear was missing.
Taylor Hash was given a helpful hand from an experienced pilot after he was told that his landing gear was missing.
FOX 2

Taylor Hash lost the aircraft's front nose gear tire before she cleared the runway and ascended into the air.
Taylor Hash lost the aircraft’s front nose gear tire before she cleared the runway and ascended into the air.
FOX 2

He calmly instructed Hash how to land the plane and avoid disaster.

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4 reasons you should look at a hard money loan for your real estate purchase, refi, or cash-out

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Sponsored – The following content is created on behalf of Hard Money Lenders Arizona and does not reflect the opinions of Gray Media or its editorial staff. To learn more about Hard Money Lenders Arizona, visit HardMoneyLendersArizona.com.

PHOENIX (Arizona Hard Money Lenders) – Whether you’re looking for a home to stay in for the long term, fixing up and flipping houses, or creating VBROs, Airbnbs, or rentals, there are two ways to buy real estate – with cash and with financing. If you’re in a position to pay cash, you don’t need to worry about jumping through the flaming hoops between you and a mortgage. In fact, it might be time to consider becoming a private investor in others’ purchases. But that’s a story for another time. Today, we’re focusing on people who need financing to buy or refinance residential or commercial property.

Aerial view of a residential neighborhood

Most people believe a mortgage is the best – possibly the only – way to get the money you need to become a property owner. Securing a traditional mortgage can be tricky. It requires a massive amount of paperwork and it’s not a speedy process. It can take weeks or even months for the money to

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Portugal Could Force Property Owners to Rent Out Vacant Homes

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The Portuguese have a saying that goes “Each monkey to its own branch,” but the government has a problem with empty branches.

Portugal’s Ministry of Infrastructure and Housing wants to force owners of vacant homes to make them available to long-term tenants at economical costs to correct a growing housing crisis, Bloomberg reported Monday.

All That Glitters

While the government says the measure will address the dearth of affordable housing, property owners say it violates their constitutional rights. The Portuguese Association of Real Estate Developers and Investors is even calling it “an attack” on private property. Housing Minister Marina Goncalves defended the decision saying, “The state does not enter and occupy people’s homes and then say, ‘Now I’m here.’ We have steps that will be taken.” That’s a relief, we think.

Portugal has remained on the poorer end of the spectrum of Western Europe for quite some time. Following a financial crisis and a 2011 bailout by the European Union, Portugal has managed to raise $7.3 billion through its Gold Visa — established

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Why some Canadians are buying houses without the help of a Realtor

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David McDonald says buying his first home in the latter half of 2021 was stressful — though maybe not for the usual reasons.

Even though he was working with a Realtor he trusted, he didn’t like that he couldn’t speak directly to the people selling their homes around North Bay, Ont., or that he’d repeatedly lost to other house-hunters in blind bids.

That’s partly why, when a friend forwarded a private listing in the area, he and his girlfriend jumped at the chance to see it.

“Being able to meet someone, look at the house and make an offer and have a handshake agreement right off the bat … that was, like, so much more of a transparent, clear process that I definitely found pleasing,” said McDonald, 38.

He closed the deal without his Realtor, which McDonald estimates saved both sides roughly $15,000 in commissions.

And while that might be reason enough for some to entertain the idea, industry insiders warn that going without a Realtor comes with risks.

A man sitting on a rocking chair looks and smiles at the camera.
David McDonald of North Bay, Ont., bought a house privately with his girlfriend in 2022. He estimates it saved both sides roughly $15,000 in commissions. (Submitted by David McDonald)

“It was

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Lakewood Ranch builder plans ‘race village’ near DeSoto Speedway as county OK’s new homes

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Thousands of homes are set to be built near the historic DeSoto Speedway in East Manatee County following approval from the Manatee County Commission last week.

It’s the first time the commissioners have approved a new development past the latest location of the county’s development boundary line, which protects agricultural land to the east.

A previous public meeting attracted dozens of speakers worried about the racetrack’s future when new homes surrounded it.

But plans for Taylor Ranch now include a “race village” on 140 acres closest to the speedway, developers announced during Thursday’s public Land Use meeting.

The idea was inspired by The Motor Enclave in Tampa, a 200-acre site which offers luxury garage space near a private paved track and off-road trails, as well as an events center.

“This area of ​​the property will be constructed, designed and marketed to future owners and tenants who want to take advantage of being in close proximity to the racetrack — people who understand the options and want to be part of that lifestyle,” said Kyle Grimes, a land use attorney representing the developer.

Opponents of Taylor Ranch feared that new residents would complain about noise from the racetrack, which serves as

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Sunset Park HDFC Co-op With Three Bedrooms, in-Unit Laundry Asks $599K

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In Sunset Park, this income-restricted co-op is a bit unusual: It is the second floor of an early 20th century row house. The listing doesn’t divulge the details on the qualifying income range for the HDFC (Housing Development Fund Corporation) co-operative, but the unit is spacious with three bedrooms and in-unit laundry.

At 650 51st Street, the house dates to 1909, one of 12 brick houses built on the block by John C. Wandell Co., according to the Sunset Park National Register Historic District nomination. Records show that HPD turned the property over to Habitat for Humanity in 1992, and after rehab a certificate of occupancy as a two-family was issued in 1996. Deeds show the two units were then transferred to an HDFC with the proviso that they were to be sold to qualifying low income individuals or families with an annual income “not exceeding 80 percent of the median income.”

This unit is a generously sized floor-through with a living room and dining area set into the bay facing the street, a kitchen in the middle and two large bedrooms at the rear. A smaller bedroom is off the living room and could be set up as an

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Greater Chennai Corporation to assess 20,000 buildings on poromboke land for property tax

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Officials say the assessment of buildings on Poromboke land in added areas, which were merged with the city in 2011, is challenging since there are no specific guidelines.

Officials say the assessment of buildings on Poromboke land in added areas, which were merged with the city in 2011, is challenging since there are no specific guidelines. | Photo Credit: M.VEDHAN

Owing to the demand from councillors, the Greater Chennai Corporation plans to assess 20,000 buildings, developed on poromboke land, for property tax. It has sought a clarification from the government whether the assessment of such buildings can be carried out in various zones of the city.

At the Corporation Council meeting held on March 2, councillors demanded a property tax assessment of buildings on Poromboke land. Their argument was that many families that had been living for generations on certain categories of land, like grama nathamwere unable to get pattas.

ME Sekar, councillor of ward 89 in the Ambattur zone, said over 500 buildings in areas, like Kamarajar Nagar at Padi, had been built on poromboke land, and the residents were demanding pattas. “The residents have demanded that the Corporation assess the buildings for property tax,” he said.

The situation is more challenging in the added areas, which were merged with the city in 2011, Corporation officials say. “There are no specific guidelines for solving such issues,

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Instability of Banks Boosts Appeal of Property Investing in 2023

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If you’ve been paying attention to the news recently, then you may have noticed several banks collapsing in the US in the past couple of weeks, which is beginning to cause alarm.

For those not in the know, on March 10th, the biggest failure of a US bank since the global financial crisis of 2008 happened in real time. Silicon Valley Bank collapsed after a bank run and failed to raise capital, which was the second-largest failure of a financial institution in US history.

Following this, a second bank, Signature Bank, has also shut down, and a third has been propped up. As well as this, Credit Suisse was taken over by UBS, otherwise it would have faced the first threat to a major international bank since 2008.

More than $400 billion has been spent so far to try and dam the river and stop this crisis from spreading further, and by guaranteeing the deposits of Silicon Valley Bank and Signature Bank, the US Federal Reserve has spent over $140 billion.

This crisis naturally has investors worried about where to put their money. Savings accounts have traditionally been known to be the safest way to invest large sums of money

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Population ‘moving south in droves’ creates opportunities for US real estate investments

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This is Globe Advisor’s weekly newsletter for professional financial advisors, published every Friday. If someone has forwarded this newsletter to you via e-mail, or you’re reading this on the web, you can register for Globe Advisorthen sign up for this newsletter and others on our newsletter sign-up page.

More investors are turning to alternative investments such as private real estate, equity and debt to help balance their portfolios.

Real estate is particularly appealing to Canadians, both at home and across the border in the US. Perhaps not surprisingly, Canadians made up the largest share of foreign buyers of US property, or 11 per cent of purchases, from April 2021 to March 2022, followed by Mexicans, at 8 per cent, and Chinese, at 6 per cent, according to the National Association of Realtors.

For investors, real estate may not sound like a great investment today, given rising interest rates. However, some argue it’s an attractive time to buy into the asset class, particularly the lenders.

“Floating-rate assets paired with attractive characteristics can offer investors a way to mitigate inflation risk,” says Dean Kirkham, president and chief operating officer at real estate financier Trez Capital in Vancouver.

Globe Advisor spoke

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