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The land bank's special foreclosure filings on tax-delinquent property owners are down about 40%. ... is looking to the Ohio General Assembly to enact a law that will allow it to continue to go ...
A tax sale is the forced sale of property (usually real estate) by a governmental entity for unpaid taxes by the property's owner.. The sale, depending on the jurisdiction, may be a tax deed sale (whereby the actual property is sold) or a tax lien sale (whereby a lien on the property is sold) Under the tax lien sale process, depending on the jurisdiction, after a specified period of time if ...
According to data from Redfin, the demand for vacation home mortgages dropped by 40% in 2023 as housing prices soared.Even though Americans took out 90,772 mortgages for second properties during ...
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Jones v. Flowers, 547 U.S. 220 (2006), was a decision by the Supreme Court of the United States involving the due process requirement that a state give notice to an owner before selling his property to satisfy his unpaid taxes.
A UCC-1 financing statement (an abbreviation for Uniform Commercial Code-1) is a United States legal form that a creditor files to give notice that it has or may have an interest in the personal property of a debtor (a person who owes a debt to the creditor as typically specified in the agreement creating the debt).
Fractional ownership is a method in which several unrelated parties can share in, and mitigate the risk of, ownership of a high-value tangible asset, usually a jet, yacht or piece of resort real estate. It can be done for strictly monetary reasons, but typically there is some amount of personal access involved.
Owning a rental property in a hot market can generate both long-term capital gains and immediate cash flow. In many areas, rental income can far exceed the cost of the mortgage on the property.