When a Lender Forecloses on a Leasehold Interest.
Loans are often secured by the fee title to real property owned by the borrower. But loans can also be secured by the borrower's leasehold interest in property.
Loans are often secured by the fee title to real property owned by the borrower. But loans can also be secured by the borrower's leasehold interest in property.
The following realtors of Apex Realty, all members of NJAR'S Distinguished Sales Club, have been recognized for their professional achievements by the Cape May County Association of Realtors with the NJ Realtors A Circle of Excellence Award: Deborah A. Colubiale , Broker/Sales Consultant received the Bronze Award. Deborah is a distinguished real estate professional, and…
The recovery from the housing market collapse a decade ago was slow, particularly in Florida, which was labeled king of the foreclosure market in the aftermath. Florida was leading the nation in foreclosures in the early 2010s and Jacksonville and several other major Florida cities consistently ranked in the top 10 in the nation for…
In my last article , I discussed whether inconsistent dates on a promissory note and deed of trust could cause problems in foreclosure. But what if you can't even find the original promissory note? Perhaps it was inadvertently shredded, or perhaps it went missing during a merger or got misfiled. Foreclosure News
In July for the first time in three years, foreclosure starts nationally increased on a year-over-year basis, according to Attom Data Solutions of Irvine, Calif. More than 30,000 U.S. properties entered foreclosure in July, up 1 percent from both one month and one year previous. Foreclosure News
Trading grew exponentially. And well-greased politicians looked the other way. The Financial Crisis Inquiry Commission summed it all up in two words – “pervasive permissiveness.” Foreclosure News
Foreclosure rates in Pima County in last year dropped to their lowest level since the start of the housing crash. There were 1,393 foreclosures last year, data from the Pima County Recorder's Office shows. Foreclosure News