Hotels differ from other types of stabilized properties in several major ways. The purpose of this article is to highlight how the distinguishing factors impact the way that owners and lenders approach the negotiation of key elements of hotel financings in the United States.
Like so many stories of early California, Inverness had its birth in an almost incomprehensible maze of land disputes, sales, foreclosures, swindles and lawsuits. After the judicial dust had cleared in 1857, attorneys arguing the disputes, Oscar and James Shafter, ended up owning a large portion of the Point Reyes peninsula. Foreclosure News
It's been years since the Bay Area housing market began its dramatic, post-recession appreciation in prices, and delinquency rates for home loans keep falling across the region. The foreclosure nightmares of the Great Recession are now a vague memory. Foreclosure News
Dave Hughes of the Arkansas Democrat-Gazette reports that the First Western Bank of Booneville bought three properties of Sen. Jake Files, including his Fort Smith home, on Free Ferry Landing, at foreclosure sales today to satisfy unpaid loans of $ 2.1 million. The bank bid $ 2.048 million, Hughes reported. Foreclosure News
After writing a few articles about timeshare fraud in 2016, I started to receive one or two complaints a week from readers asking for advice, all but a handful alleging they were a victim of unfair and deceptive trade practices. Since then, a total of 556 timeshare members have reached out asking for advice about…
A collapsed utility pole leans on a house, after Hurricane Maria hit the island in September 2017, in Yabucoa, Puerto Rico. State Controller Tom DiNapoli is asking the feds to put a year-long halt to home foreclosures in hurricane-ravaged Puerto Rico. Foreclosure News
Florida's First District Court of Appeal, in Rigby v. Bank of New York Mellon , Case No. Foreclosure News
