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In 2005, entrepreneur Dallas Tanner and several others formed the housing and apartment investment company Treehouse Group in Arizona. [5] Between 2010 and 2011, it bought 1,000 distressed houses in Phoenix, Arizona, a city heavily impacted by foreclosures caused by the subprime mortgage crisis [2] and one of the first areas where private equity investor purchases of homes for rent took place ...
Over the years, the organization has faced several challenges, especially during the housing crash—when many renters suddenly found themselves being kicked out of foreclosed rental properties. [ 5 ] [ 6 ] Around this time, ATA reported receiving 20–30 calls a week from renters whose landlords had not paid their mortgages.
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 ...
When a provision of law requires that repossession takes place, the lien holder has a non-delegatable obligation not to cause a breach of the peace (which is synonymous with disturbing the peace) in performing the repossession or the repossession will be reversed, and the party ordering the repossession will be liable for damages (or the lienholder will be held responsible).
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US new home sales tumble; median house price highest since 2022; ... Michael Jordan's former mansion is now available to rent on a short-term lease, with a month-long stay at $230,000.
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