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NEW YORK (CNNMoney.com) -- The epicenter of foreclosures shifted to the booming city of Las Vegas at the end of 2007. Seven of the top 100 worst-hit zip codes last December were in the gaming ...
Research from real estate data aggregator Attom shows through the first half of 2024, Nevada was fourth in foreclosures nationwide, with 0.19% of homes in active foreclosure, ranking behind New ...
Tamares is the largest landholder in downtown Las Vegas, owning 40% of the land. [1] Tamares acquires and operates its properties. Today, Tamares Group holds a $3 billion portfolio. Its real estate holdings encompass 2.3 million square feet of office space. [2]
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 ...
REO sale property in San Diego, California. Real estate owned, or REO, is a term used in the United States to describe a class of property owned by a lender—typically a bank, government agency, or government loan insurer—after an unsuccessful sale at a foreclosure auction. [1]
RealtyTrac has issued its Year-End Metropolitan Foreclosure Market Report for 2010. The figures are, for the most part, grim. The report shows that foreclosure activity increased from 2009 in 149 ...
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