Q: What is the difference between a judicial and a non-judicial foreclosure? Harold. A: The short answer is that a judicial foreclosure requires a judge to review the facts, provide the homeowner an opportunity to present defenses, and then the court decides whether to authorize the sale.
On June 19, 2018, in HH Cincinnati Textile L.P. v. Acres Capital Servicing LLC, the Supreme Court of the State of New York refused to issue a preliminary injunction to prevent the foreclosure sale of the equity interests in two borrowers under Article 9 of the Uniform Commercial Code . Foreclosure News
On the first episode of TV's newest real estate show, Tampa agent DeLeon Sheffield welcomes client John Racener to a large house for sale. “I love this part right here,” Racener exclaims as they step onto a covered lanai. Foreclosure News
City commissioners approved a deal Wednesday aimed at turning around two beachside rental homes that have churned out lawlessness and code violations, but the neighbors who have begged for help are worried the trouble isn't going to stop. The deal commissioners approved by a 6-1 vote strips ownership from Daytona Ocean Rentals, and includes plans…
Due to their increasing size, specialization and technological sophistication, today's vessels present attractive “big-ticket” financing opportunities. However, commercial vessels, regardless of type, will inevitably incur maritime liens, which are priority claims that arise by operation of law, and are enforceable against the vessel in rem . Foreclosure News
May 2018 saw the fewest number of serious delinquencies and homes at some stage of foreclosure since 2006, according to report In an excellent sign for the housing market, more Americans are able to make timely payments on their home mortgages and fewer are losing their homes to foreclosure that at any point in the…
More than five years after being foreclosed and taken back by its lender, the struggling, mostly vacant Mall at the Source in Westbury has finally found a buyer. A Chinese firm that manufactures and distributes home furnishings, equipment and building supplies is in contract to purchase the 521,486-square-foot mall and plans to turn it into…
