How America’s foreclosure capital came back from the dead
Whenever he wants to see his old house, Nezam Juman walks to the edge of his waterfront property and peers around the river's bend. He can just see the roof behind some trees.
Whenever he wants to see his old house, Nezam Juman walks to the edge of his waterfront property and peers around the river's bend. He can just see the roof behind some trees.
After the financial crisis which started around 2008, many homeowners found it necessary to give up their homes either by filing bankruptcy or letting the lender foreclosure. These actions came not only with emotion, but penalties for buying a new home. Foreclosure News
The new owner of Strongsville Corporate Center is hoping that a financial reset and potential for nearby development will turn vacancy into an opportunity. An affiliate of Somera Road, Inc. , a New York-based buyer with an appetite for troubled real estate, bought the 125,000-square-foot office building on June 8, according to property records. Foreclosure…
Erie County Clerk Michael Kearns announced a new partnership with the Columbia University Law School, Wednesday, to identify foreclosed homes that have been abandoned by their owners, and have become “zombie property”. Columbia has developed a working relationship with the Western New York Law Center in Buffalo to come up with software for determining if…
EQUITY INCOME PARTNERS, LP, AN ARIZONA LIMITED PARTNERSHIP; GALILEO CAPITAL PARTNERS LIMITED, A CAYMAN ISLANDS EXEMPTED COMPANY, Plaintiffs/Appellants, v. CHICAGO TITLE INSURANCE COMPANY, A DELAWARE CORPORATION, Defendant/Appellee. Foreclosure News
By most measures, the U.S. economy is performing okay. GDP growth is still near 3.5%. Foreclosure News
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