By Elias DaSilva | September 13, 2024. A recent analysis highlights a concerning trend: foreclosure listings in the city of Orlando are on the rise, now ranking sixth among U.S. cities experiencing an increase in foreclosures. The study reveals that Orlando recorded 5.1 foreclosures for every 10,000 housing units in June. Experts in Central Florida […]
By Elias DaSilva | September 13, 2024. Life Tower, a towering 19-story structure near the medical center, along with its parking facility, is on the brink of being auctioned. Another Houston property is on the foreclosure listings with the city due to a developer’s failure to meet a substantial loan obligation. This time, it’s Life […]
By Elias DaSilva | September 13, 2024. In Detroit, Michigan, new entrepreneurs in the real estate sector specializing in foreclosed properties, most of whom are backed by investments from local residents, are driving a trend where more foreclosed homes are becoming occupied. Previously, this market was dominated by limited liability companies, not even based in […]
By Elias DaSilva | September 12, 2024. In Seattle and Washington State, most foreclosures are conducted out of court through a trustee sale. Because this process is not overseen by the court, trustees must strictly comply with Washington’s Deed of Trust Act when managing foreclosures. Foreclosure Fairness Act With the introduction of the Foreclosure Fairness […]
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