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The process—usually achieved with a combination of intimidation, threats, and physical force—effectively circumvents foreclosure by forcing the lender to relinquish the property without an opportunity to recuperate the balance of the loan. The term arose during the foreclosure of farms during the Great Depression in the United States.
Three agricultural properties in Marlboro Township sold for a total of $2.72 million, according to the latest real estate transfers.
The transaction involved nearly 7 acres of farmland near St. Peters Church Road NE, 5.5 acres near Immel Avenue NE, and almost 70 acres along State Street NE. This week's real estate transfers ...
Dec. 4—Andy Gipson gets concerned even when American allies such as the Netherlands and Germany invest in large swaths of Mississippi's farmland. "It just bothers me at a gut level," he said.
“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]
[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]
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