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Foreclosure investment refers to the process of investing capital in the public sale of a mortgaged property following foreclosure of the loan secured by that property. In real estate , foreclosure is the termination of the equity of redemption of a mortgagor or the grantee in the property covered by the mortgage.
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 lake is located in parts of four counties: Anderson, Cherokee, Henderson, and Smith. According to the Texas Water Development Board 2012 Survey, the storage capacity of Lake Palestine is 367,312 acre-feet with a surface area of 23,112 acres at the conservation pool elevation of 345 feet above mean sea level.
The retired NBA legend's sprawling Highland Park estate has been on the market on and off since 2012 Reuters 2 months ago Realtors group forecasts US 30-year fixed-rate mortgage averaging 6% in 2025
Shadybrook is a census-designated place (CDP) in Cherokee County, Texas, United States.The population was 1,967 at the 2010 census. [3]The CDP is located in the northwestern corner of the county adjacent to Lake Palestine, and takes its name from a gated community located on either side of Farm to Market Road 346. [4]
Lake Palestine is a freshwater lake created in 1962 by the construction of the Blackburn Crossing dam on the Neches River. A 25,600-acre lake with a total length of 18 miles, 135 miles of shoreline and an average depth of 16.25 ft, it offers an array of freshwater fish species including bass, crappie, and catfish. The Upper Neches River ...
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Crystal Lake is an unincorporated community in Anderson County, located in the U.S. state of Texas. [1] According to the Handbook of Texas , the community had a population of 20 in 2000. It is located within the Palestine, Texas micropolitan area.