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A public notice for a foreclosure sale of the 13-acre estate posted earlier in May said Promenade Trust, which controls the Graceland museum, owes $3.8 million after failing to repay a 2018 loan.
A self-published report by a professor at the University of Washington disputes the claim that HOAs protect property values, stating, based on a survey of Harris County, Texas (which had an unusual legal regime regarding foreclosures): "Although HOA foreclosures are ostensibly motivated by efforts to improve property values, neither foreclosure ...
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 properties are distributed across Harris County. There is a concentration in "Downtown Houston", defined as the area enclosed by Interstate 10 , Interstate 45 , and Interstate 69 . More than 100 are in the "Houston Heights" neighborhood whose borders are, approximately, Highway I-10 on the South, I-610 on the North, 45 on the East and ...
Public notice for the foreclosure sale of the property was posted earlier this month. The notice alleged that Promenade Trust, which controls the Graceland estate at 3734 Elvis Presley Blvd. in ...
The price of a home in Tennessee has doubled since early 2020, dimming the prospect of homeownership considerably for residents earning the median income of $71,328. Will it get better in 2024?
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.
A foreclosure stays on your credit report for up to seven years and will lower your credit score significantly, often by as many as 100 points, according to Equifax.. 2. Focus on improving your ...