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The Mackle brothers—Elliott, Robert and Frank Jr. [1] —were brothers who developed real estate projects. They popularized selling land in planned communities through installment plans in Florida, creating several communities in the process.
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Port Charlotte is a census-designated place and unincorporated community in Charlotte County, Florida, United States. The population was 60,625 at the 2020 census, up ...
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Nevertheless, in an illiquid real estate market or if real estate prices drop, the property being foreclosed could be sold for less than the remaining balance on the primary mortgage loan, and there may be no insurance to cover the loss. In this case, the court overseeing the foreclosure process may enter a deficiency judgment against the ...
The scheme preys on desperate homeowners whose mortgages are in default by offering to prevent the foreclosure. [1] [2] There are various ways in which foreclosure rescue schemes work, causing different types of harm to the homeowners, but all ultimately with the likely end result of the owner being forced out of their home and losing even more ...
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