Polaris Building owner pays property taxes
Fairbanks Polaris Hotels, LLC. has paid its 2014 property taxes, just in time to retain ownership of the decrepit building.
Fairbanks Polaris Hotels, LLC. has paid its 2014 property taxes, just in time to retain ownership of the decrepit building.
This month marks the tenth anniversary of the $ 29 billion US government-backed bailout of Bear Stearns. The collapse of this giant investment bank in March 2008, under the weight of its bad mortgage-linked bets, marked the beginning of the global financial crisis. Foreclosure News
Norwich – The ownership of the nearly 50-acre former Norwich Hospital property in Norwich changed hands on June 20 with the completion of a mortgage foreclosure action. But legal tie-ups to future development there might not be over, as the former developer has included the property in his Chapter 7 bankruptcy filing in federal court. Foreclosure…
Amsterdam officials are encouraging property owners in danger of tax foreclosure to seek assistance to prevent their parcel from being placed on the auction block next year. Kamille Brody, building coordinator for Amsterdam, said more than 250 letters were mailed to property owners in danger of foreclosure due to unpaid taxes. Foreclosure News
On August 30, 2017, an amendment to North Carolina's foreclosure statutes took immediate effect. The amended statute, Section 45-10, concerns substitute trustees under a deed of trust. Foreclosure News
Fannie Mae has expanded the menu of post-disaster services it is offering to its borrowers. The new services are in addition to the up to 12 months of forbearance, waived fees, and temporary foreclosure moratorium that Freddie Mac and Fannie Mae traditionally offer in the wake of hurricanes, wildfires, and other disasters. Foreclosure News
Her project at 564 St. John's Place in Crown Heights, where she is planning a 193-unit luxury rental building, is allegedly in default, and a foreclosure auction is currently set for 3 p.m. on July 31, according to Commercial Observer. Moskovits and her partner Michael Lichtenstein received an $ 89 million refinancing on the project…