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Last month, a real estate agent in Patty Zuzek’s office got a call about selling a plot of land. The caller, who had heard about the real estate agency through a Facebook post wanted to sell the ...
Scammers will sometimes try to sell property they don't own. Here's what to know as a buyer, and how owners can protect their deeds in Monroe County. Real estate scammers try to sell vacant land ...
For sale by owner (FSBO) is the process of selling real estate without the representation of a broker or agent. This is where the homeowner sells directly to a new homeowner. Homeowners may still employ the services of marketing, online listing companies, but can also market their own property.
Free land, costly homes. The idea stretches back to the Homestead Act of 1862: Spur economic growth in rural America by giving away free land to those who will make good use of it.
Once the formal foreclosure processes are underway, these properties can be purchased at a public sale, usually called a foreclosure auction or sheriff's sale. If the property does not sell at the public auction, then ownership of the property is returned to the lender. [11] Properties at this phase are called Real Estate Owned, or REOs.
Land banking originated in the 1920s and 1930s as a means of making low-priced land available for housing and ensuring orderly development. [2] The period of deindustrialization in the United States coupled with increased suburbanization in the middle of the 20th century left many American cities with large amounts of vacant and blighted industrial, residential, and commercial property.
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