One legacy of the housing crisis: risky rent-to-own deals
Maria Torres needed a place to live – fast. She had been renting a house in South Euclid, Ohio, with her husband and three kids, when she was told the house was in foreclosure.
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Real Property & Financial Services Update: Week Ending February 16 & 23, 2018
ByadminBreach of Contract/Damages: court erred by precluding setoff when calculating damages because purpose of award is to restore the injured party to the position it would have realized no for the other party's breach. Asset Management Holdings, LLC, et al v Assets Recovery Center Investments, LLC, et al, Case Nos. Foreclosure News
Tom Barrack speaks at the Republican National Convention in Cleveland, Ohio, on July 21, 2016.
ByadminOne of President Donald Trump's closest friends and confidants took advantage of the Great Recession to build an unprecedented real estate business that makes him tantamount to a modern-day slumlord buying up homes, bumping up rents and allowing the properties to fall into disrepair. Southern California billionaire Thomas J. Barrack is the mastermind behind the…
the Bank of New York Mellon v. Talbot
ByadminLavine, Prescott and Bishop, Js.Francis Lieto, with whom, on the brief, was Nicole L. Barber, for the appellant . Benjamin T. Staskiewicz, for the appellee . Foreclosure News
Trump may owe billions in debts to Russia
ByadminDebt-laden President Trump: His new Washington Hotel owes millions in unpaid debts and he may owe billions to Russians. . Insiders acutely aware of President Donald Trump's complicated financial arrangements say he is billions of dollars in debt, much of it to Russia, and lives on the edge of financial ruin. Foreclosure News
Watertown soon will address abandoned homes
ByadminCity officials are getting ready to implement a new program using state funding to combat dozens of abandoned and vacant homes that dot the city. The city recently received half of a $ 149,492 state grant to address so-called “zombie properties” and other abandoned and vacant homes. Foreclosure News
Collingswood begins shutting down Airbnbs, as cities and towns worldwide struggle to regulate it
ByadminChristina McLean, an Airbnb host in Collingswood, stands outside her home. She said she received a cease and desist letter from the township in April. Foreclosure News