Foreclosures and Home Improvement

Graceland in Memphis Almost Got Listed for Foreclosure Amid Allegations of Fraud

Foreclosure Market

Graceland, the iconic Memphis home of Elvis Presley, was nearly listed for foreclosure after a judge intervened to halt an auction that would have sold the historic property to the highest bidder. The dispute began with Naussany Investments and Private Lending Company, which claimed that Lisa Marie Presley had used Graceland as collateral for a […]

Miami Ranks High for New Foreclosure Listings and Market Supply Growth

Florida

By Elias DaSilva | September 11, 2024. Miami ranks fourth among the top 50 U.S. metros for new foreclosure listings and third for an increase in months’ supply, according to the April National Housing Report by RE/MAX. Miami experienced a 31.2% year-over-year rise in new inventory, growing from 9,555 to 12,540 homes. This increase contributed […]

PHA Takes Control of Brith Sholom Apartments in Philadelphia

Foreclosure Market

By Elias DaSilva | September 11, 2024. Now, a striking sign from the Philadelphia Housing Authority (PHA) can be seen at Brith Sholom House, a towering 12-story property consisting of 360 affordable senior housing units in Wynnefield Heights. Recently, the PHA took control of the complex through a $24 million agreement approved by the courts […]

Legislators in Colorado study two bills on HOA foreclosures

Colorado

By Elias DaSilva | September 11, 2024. Thanks to the two bills being studied in Colorado by legislators, which seek to reform foreclosure practices by HOAs (Homeowners Associations), homeowners may have relief from financial pressure when facing the foreclosure of their homes. The bill being studied in the House of Representatives includes several main points: […]