After the worst recession since the Great Depression, many real estate companies and developers that sought bankruptcy protection are selling properties through 363 sales, so named to refer to the section of the bankruptcy code that deals with this procedure. Such sales, typically processed quickly, hand the properties free of liens to the new owners and provide a way for real-estate investors to buy distressed debt.
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Homeowners may want to tap the brakes on those trendy white Carrara marble countertops if they’re looking to get a return on investment for renovations.
RE/MAX released its National Housing Report for December 2019, which revealed that the month posted a record finish to a year and the decade.