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Bank of America is donating -- and in some cases bulldozing -- some of its foreclosed houses, according to Boston.com. The paper reports that the bank will donate 100 Cleveland-area homes located ...
The foreclosure process as applied to residential mortgage loans is a bank or other secured creditor selling or repossessing a parcel of real property after the owner has failed to comply with an agreement between the lender and borrower called a "mortgage" or "deed of trust".
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The Scioto Mile began development along the riverfront, an area that already had the Miranova Corporate Center and The Condominiums at North Bank Park. The 2010 United States foreclosure crisis forced the city to purchase numerous foreclosed, vacant properties to renovate or demolish them–at a cost of tens of millions of dollars. In February ...
LeVeque turned the building over to the new ownership group in lieu of a foreclosure on a $16.2 million mortgage on the building, and at this point it was about a third empty. [42] She had previously engaged an architect on a proposal to convert part of the building to residential use, but it was deemed not financially feasible at the time. [43]
The Condominiums at North Bank Park is a 267 feet (81 m) tall residential high rise at 300 W. Spring St. in the Arena District just north of downtown Columbus, Ohio.It was constructed from 2006 to 2007 and has 20 floors and is one of the tallest structures in the city
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