Detroit battles tax penalties that create city of renters
“We haven't seen this many tax foreclosures in American history since the Great Depression,” says one scholar, regarding Detroit. Yet some signs of hope are emerging.
“We haven't seen this many tax foreclosures in American history since the Great Depression,” says one scholar, regarding Detroit. Yet some signs of hope are emerging.
From Freddie Mac's weekly survey: The 30-year fixed rate averaged 3.91 percent, up six basis points from last week's 3.85 percent. The 15-year fixed averaged 3.21 percent, also up six basis points from last week's 3.15 percent. Foreclosure News
City Council's unanimous passage of a two-year, $ 140,000 agreement to form a Community Development Corporation with the Future Heights organization was met with a round of applause Monday. That included members of the nonprofit's board and Executive Director Deanna Bremer Fisher, who said the first task will be to hire a real estate development…
Provided photo This house at 10 Kingsville Road in Monroe is one of the properties that will be available during Orange County's Real Property Tax Foreclosure Auction on Monday, June 11. – Orange County will hold a real property tax foreclosure auction on Monday, June 11, beginning at 10 a.m. at the Orange County Emergency…
After 5 months in a row of increased sales, the Warner Robins GA real estate market finally had a letdown. With only 2 months of homes to pick from, it is no wonder buyers and investors did not always find what they wanted in this city. Foreclosure News
New York-based Gamma Lending has once again scheduled a foreclosure sale of the stalled Wade Park project on the Dallas North Tollway at Lebannon Road, according to Addison-based Foreclosure Listing Service. Companies that hold more than $ 130 million in debt on the 175-acre mixed-use project declared the development in mortgage default early this year….
On Friday, Texas's new law House Bill 1774 changed the amount of damages a homeowner could receive from insurance companies if they were to take the company to court. Days before September 1, lawyers urged victims of the Harvey Hurricane to file claims before the law change, and some attorneys offered their services pro bono….