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An auctioneer found the painting stored in an attic during a visit to a private estate in Camden, Maine. ... Labeled as Portrait of a Girl, the piece sold for $1.4 million in an auction.
“Foreclosure floodwaters receded somewhat in 2010 in the nation’s hardest-hit housing markets. Even so, foreclosure levels remained five to 10 times higher than historic norms in most of those hard-hit markets, where deep fault-lines of risk remain and could potentially trigger more waves of foreclosure activity in 2011 and beyond.” [30]
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[3] [4] The foreclosure crisis caused significant investor fear in the U.S. [5] A 2014 study published in the American Journal of Public Health linked the foreclosure crisis to an increase in suicide rates. [6] [7] One out of every 248 households in the United States received a foreclosure notice in September 2012, according to RealtyTrac. [8] [9]
Major auction houses have levied the buyer's premium for several decades, particularly in fine art auctions, with percentages in the region of 10–30%. [2] In real estate auctions in many European countries, the buyer's premium, if charged at all, is much less (2–2.5%). More recently in the UK, however, repossessed properties have been ...
Bonesteel was able to take advantage of this, purchasing a lot for $1,325 on Noxon Street at a foreclosure auction in November 1841. The lot was made available by the financial collapse of shoe manufacturer Benjamin Bissell, one of the many who had ventured into real estate speculation during the ‘years of Poughkeepsie’s “Improvement ...
The Maine Policy Institute (MPI), formerly the Maine Heritage Policy Center, is a conservative free-market think tank located in Portland, Maine. [2] According to its mission statement, MPI is a "nonprofit, nonpartisan organization that conducts detailed and timely research to educate the public, the media, and lawmakers about public policy solutions that advance economic freedom and ...