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Foreclosure is a legal process in which a lender attempts to recover the balance of a loan from a borrower who has stopped making payments to the lender by forcing the sale of the asset used as the collateral for the loan. [ 1][ 2] Formally, a mortgage lender (mortgagee), or other lienholder, obtains a termination of a mortgage borrower ...
Bid4Assets, established in 1999, was the first online real estate auction website to operate in the United States. [1] [2] The company auctions distressed real estate and personal property for private investors and federal and local government. [3] It has served the United States Marshals, [4] the U.S. Department of Treasury and over 100 ...
Repossession. Repossession, colloquially repo, is a "self-help" type of action in which the party having right of ownership of a property takes the property in question back from the party having right of possession without invoking court proceedings. The property may then be sold by either the financial institution or third party sellers.
Concierge Auctions is a residential real estate company based in New York and Texas. It auctions properties to the highest bidder. [2] In November 2021, Concierge Auctions was acquired by Sotheby’s and Realogy Holdings Corp. [3] The company rebranded to Sotheby’s Concierge Auctions. [4] It holds the world record for the most expensive home ...
Palmer, a strong opponent of mandatory affordable housing requirements for real estate development, appears in the Paradise Papers in connection with a Bermuda offshore company to hold the registration for his private jet, which is done for security and maintenance reasons, yet he still pays the required California assesses property taxes on ...
January 1, 2024 at 7:00 PM. Showboat Majestic, a fixture on Cincinnati's Public Landing from 1967 to 2019, is now tied up near Portsmouth, Ohio, on the Kentucky side of the Ohio River with its ...
Westgate is a community within the Hilltop area of Columbus, Ohio. It was partially constructed on land that formerly housed the American Civil War Camp Chase and a Confederate prison. After the Civil War, the land was purchased by Joseph Binns and his associates with the intent to start a Quaker community. These plans failed to materialize and ...
Estate sale. Newspaper announcement for a farmer's estate sale, 1918. An estate sale or estate liquidation is a sale or auction to dispose of a substantial portion of the materials owned by a person who is recently deceased or who must dispose of their personal property to facilitate a move. [ 1]
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