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The waterfront mansion was a foreclosure that the bank repossessed last August, according to Zillow. It was listed for $3.49 million, so Jordan must have some negotiating skills.
Waterfront properties are shown by luxury real estate agent Bonnie Heatzig on Saturday, Jan. 8, 2022. ... in 2011 and 2013 when foreclosures and short sales accounted for many of the all-cash ...
Foreclosure investment. Foreclosure investment refers to the process of investing capital in the public sale of a mortgaged property following foreclosure of the loan secured by that property. In real estate, foreclosure is the termination of the equity of redemption of a mortgagor or the grantee in the property covered by the mortgage.
Tacoma Trax: The unfinished 115-unit apartment building at 415 E. 25th St. and a completed apartment site in Kent was foreclosed on last fall by Los Angeles-based Parkview Financial to collect on ...
Deed in lieu of foreclosure. A deed in lieu of foreclosure is a deed instrument in which a mortgagor (i.e. the borrower) conveys all interest in a real property to the mortgagee (i.e. the lender) to satisfy a loan that is in default and avoid foreclosure proceedings. The deed in lieu of foreclosure offers several advantages to both the borrower ...
Niche real estate is a specialized sector of the property market. Other examples include income property, garden real estate, condos, equestrian property, vacation property, farm property, golf property, golf course redevelopment, waterfront homes, beach houses and luxury homes. These are categories in which potential buyers think about the ...
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