Television dramas have replaced foreclosures and short sales as the main motivator for amateur investors to try their hand at “flipping” a home. TV shows chronicle real-life decisions and ordeals as flippers learn costly lessons before finally selling the property and recouping their costs – plus, hopefully, a tidy profit.
First-time home buyer Brett Singley, his wife Angelynn, and their children walked to their condo in Santa Clarita, Calif. A tight supply of houses for sale, along with rising prices and worries about higher mortgage rates, is making buying a home a challenge in some areas this season. Foreclosure News
Arkansas-based Simmons Bank says Thunderbird Tactical and its owners, Ryan and Jennifer Pennock, failed to make payments on more than $ 6.3 million in loans taken out to build the 27,000-square-foot complex at 28th and Greenwich. The bank filed foreclosure documents in Sedgwick County District Court on Tuesday demanding Thunderbird and the Pennocks immediately pay…
The unfinished Las Olas Ocean Resort, a hotel project on Fort Lauderdale beach that attracted funds from hopeful Chinese immigrants through the EB-5 visa program, has been targeted for foreclosure. Foreclosure News
The owner of the Chapel Hills Mall in Colorado Springs has been hit with a pair of foreclosure notices totaling $ 37 million, according to filings with the El Paso County Public Trustee's Office. Chapel Hills, northeast of Academy and Briargate boulevards on the city's north side, is one of the city's two enclosed shopping…
They help Americans make the biggest purchase of their lives, using financing that can last for decades. Should they have to pass a test to keep practicing? Ken Brown is a manager at Homewise , a Santa Fe, New Mexico-based housing counseling center. Foreclosure News
Using money saved from a job and borrowed from his grandmother, he bought a foreclosed condo in north Pinellas County for $ 67,000. He did some inexpensive renovations and flipped it for $ 125,000 Now foreclosures are very rare,” he said. Foreclosure News
