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The mansion is the centerpiece of the Wadsworth Estate Historic District of 270 acres (1.1 km 2), which includes the mansion's associated outbuildings, the Middletown portion of Wadsworth Falls State Park, the Nehemiah Hubbard House, and several barns and farmhouses along Laurel Grove Road such as the Harriet Cooper Lane House. [2]
The Southside Home Ownership Program oversaw the renovation of 14 houses in the Southern Orchards area. The renovated homes were vacant and sold as owned homes. Eligible buyers had an income below 80% of the median area income. Grants were used to subsidize the homes and provide down payment assistance. [19]
A house that has gone through a foreclosure auction and failed to attract any acceptable bids may remain the property of the owner of the mortgage. That inventory is called REO (real estate owned). In these situations, the owner/servicer tries to sell it through standard real estate channels.
I wrote recently about a problem many communities are facing: ghost neighborhoods filled with empty, repossessed houses ripe for crime. Some cities, anxious to maintain property values, have taken ...
The process—usually achieved with a combination of intimidation, threats, and physical force—effectively circumvents foreclosure by forcing the lender to relinquish the property without an opportunity to recuperate the balance of the loan. The term arose during the foreclosure of farms during the Great Depression in the United States.
Repossession, colloquially repo, is a "self-help" type of action in which the party having right of ownership of a property takes the property in question back from the party having right of possession without invoking court proceedings. The property may then be sold by either the financial institution or third party sellers. [1]
Reconstructed Smith log cabin. Joseph Smith Sr., his wife Lucy Mack Smith, and some of their children moved from Norwich, Vermont, to Palmyra, New York, in 1816. [5] In 1818 or 1819, the family built a log home near property owned by the estate of Nicholas Evertson of New York City, but did not enter a purchase agreement for the land until a land agent had been appointed in 1820.
Hull House, Chicago. Settlement and community houses in the United States were a vital part of the settlement movement, a progressive social movement that began in the mid-19th century in London with the intention of improving the quality of life in poor urban areas through education initiatives, food and shelter provisions, and assimilation and naturalization assistance.