Blank Rome reaches settlement with investors who claimed they were duped in real estate deal
ABA Journal Daily News
Investor’s crushing debt imperiled Harden Furniture, CEO says; hopes for a revival
Harden Furniture CEO Gregory Harden says a crushing debt load brought on by a leveraged buyout led to the 174-year-old furniture maker's pending foreclosure sale. Harden, the fifth generation of his family to lead the company, said he decided in 2016 that he needed an equity partner to provide the cash needed for the company's […]
Big investors are valuing homes with a method outlawed for everyone…
Big investors are valuing homes with a method outlawed for everyone else after the housing crash – and the SEC is asking questions Large investors are increasingly using so-called broker price opinions to value and purchase thousands of homes on the brink of foreclosure. A method of valuing homes that was outlawed for most people […]
Big investors are valuing homes with a method outlawed for everyone…
Big investors are valuing homes with a method outlawed for everyone else after the housing crash – and the SEC is asking questions Large investors are increasingly using so-called broker price opinions to value and purchase thousands of homes on the brink of foreclosure. A method of valuing homes that was outlawed for most people […]
SPARTA a ‘a ‘ Buyers, new investors and flippers are being invited to attend a free…
Buyers, new investors and flippers are being invited to attend a free real estate seminar on the “ins and outs” of buying foreclosed properties. The seminar is being conducted by The Real Deal Team of Realty Executives® — Sparta on Thursday, Feb. 8, at 6:30 p.m. at the Lake Mohawk Country Club in Sparta. Foreclosure […]
Mass. man accused of defrauding investors in house-flipping scheme
Secretary of the Commonwealth William F. Galvin has charged a Milton, Mass., man with using a fraudulent house-flipping scheme to convince friends and investors to lend him money that he then used on restaurants, hotels and groceries. Galvin's office, which is charged with enforcing the state's securities law, said Ricardo “Rick” Bernard never spent the […]
Local investors partner up to take real estate plunge – and turn a profit
The Chicago Area Real Estate Investors Association, a west suburban investment network that meets monthly, works with emerging local investors. The Chicago Area Real Estate Investors Association, a west suburban investment network that meets monthly, works with emerging local investors. Foreclosure News
Investors turn to ‘flipping’ houses in Indianapolis
A before-and-after look at Chris Moore's “flipped” house in the 6200 block of Eastridge on the east side of Indianapolis INDIANAPOLIS – At a home in the 6200 block of Eastridge on the east side of Indianapolis, Chris Moore is showing his latest flip. “This practically fell into my lap,” Moore said. Foreclosure News
Investors line up to buy bargain homes at Phoenix HOA foreclosure auction
Since 2015, bidders have purchased more than 425 Phoenix-area homes at HOA foreclosure auctions, according to an Arizona Republic investigation. Investors line up to buy bargain homes at Phoenix HOA foreclosure auction Since 2015, bidders have purchased more than 425 Phoenix-area homes at HOA foreclosure auctions, according to an Arizona Republic investigation. Foreclosure News
Comprehensive Disaster Updates From Agencies, Lenders, and Investors
You think you have it rough? Try being a Wells Fargo MLO trying to hold onto your business when every newspaper is carrying stories about the cross-selling scandal, auto insurance scandal, unauthorized account scandal, bill pay enrollment scandal, rate lock fee scandal No wonde r independent mortgage banks are picking up market share through steering […]