This is something that often happens with highly appreciated properties where the owner can no longer keep up the payments, they get hit with a notice of default, and along comes Joe or Jane seemingly riding to the rescue on a noble white steed, offering to buy the owner out of the property “subject to” existing deeds of trust. This is a terrific position for the buyer to be in, and a rotten position for the seller.
Despite the bumpy ride for the Hermitage Club this winter season, the company's founder is describing it as a successful one as local officials hope for a brighter future. “We are thrilled to have completed a wonderful and safe experience for our members,” Jim Barnes, Hermitage founder, said in a press release announcing “the completion…
Redfin is a technology-driven residential real estate brokerage company, representing clients in over 80 markets throughout the United States. Similar to Zillow with an impressive mobile app and pulled data in its respective markets, but also working with customers to pair buyers and sellers with salaried agents. Foreclosure News
Missaukee County Treasurer Lori Cox is asking the county's commissioners to oppose some legislation a state house committee is considering. The bill is designed to make it possible for somebody to get property back after it has gone through foreclosure, according to a legislative analysis of the bill. Foreclosure News
An improving economy is making homeownership available to more Americans. But black and Latino households remain far behind, and policy changes could threaten the gains. Foreclosure News
Individuals who seek financial freedom know that wise investment decision can bring them closer toward their goals. Political turmoil and economic conditions, however, often serve as a roadblock. Foreclosure News
A pair of elected officials said the foreclosure crisis is still alive and well in areas such as Bedford Stuyvesant and Crown Heights, where scammers, banks and even city programs are unfairly seizing property from longtime residents. Brooklyn Borough President Eric Adams and City Councilman Robert Cornegy Jr. said Monday that many owners have had…
