Orchards Mall Avoids Foreclosure
The owners of the Orchards Mall have bought themselves another year. The 2014 property taxes on the mall in Benton Township were due on Friday, and Berrien County Treasurer Bret Witkowski tells us they paid them.
The owners of the Orchards Mall have bought themselves another year. The 2014 property taxes on the mall in Benton Township were due on Friday, and Berrien County Treasurer Bret Witkowski tells us they paid them.
Cram down reorganization, a fundamental concept in bankruptcy law, allows a debtor to retain possession and use of collateral while reducing the principal value of the secured debt to the present value of the collateral. Inherent in creating this repayment plan is the need to determine the value of the secured collateral at the time…
Chicago Teachers Union Vice President Jesse Sharkey issued the following statement today in response to the Supreme Court's Janus decision: Today we will see neoliberal Democratic Party political bosses like Rahm Emanuel shaking their fist at this decision, acting as if they have not been bi-partisan partners in the erosion of workers' rights, co-conspirators in…
Two more real estate investors have admitted conspiring to rig bids at foreclosure auctions, bringing to nine the total who say they cheated at the public auctions held at South Mississippi courthouses. J. Gregg Goodhart Jr., 50, of Biloxi and Christopher Vaughan, 53, of Ocean Springs each face up to 10 years in prison after…
Consumers should expect home sales to flatten and home prices to continue to increase, though at a slower pace, according to a 2019 housing and economic forecast presented at the 2018 National Association of Realtors Conference & Expo held in Boston early this month. Lawrence Yun, chief economist with the National Association of Realtors, said…
The meteoric rise of Property Assessed Clean Energy financing over the past few years has been surprising even to those working in clean energy finance. Since its inception in 2009, PACE has enabled $ 3.3 billion in renewable energy and energy-efficiency investments in people's homes, $ 2.8 billion of which occurred in 2016 alone. Foreclosure…
Are subsequent title holders who obtain an interest in real property during the pendency of a foreclosure lawsuit where a lis pendens has been properly recorded , entitled to join in the lawsuit to protect that interest? In Bonafide Properties v. Wells Fargo Bank, N.A. , 198 So.3d 694 the Second District Court of Appeal…