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.
Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio
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HUD tests a new Operation Breakthrough for today’s housing crisis
“Gallia est omnis divisa in partes tres.” All Gaul is divided into three parts. Julius Caesar used those words more than 2,000 years ago to begin an account of military conquest. America’s housing affordability challenge might be described similarly. Like Gaul of yore, it divides into three parts: talk, action, and outcomes. Identifying the three […]
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Avoiding AI deed fraud in Florida: What property owners need to know
Florida’s deed fraud risk is increasing as fraudsters use public records and AI tools to impersonate owners and forge documents. This piece highlights common targets, outlines void versus voidable deeds and recommends protections including title insurance and county alert services.
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The mortgage market is misreading its retiree borrowers
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California November ballot: a billionaire tax and new local tax limits
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Tom Blanchard keeps Blanchard & Calhoun focused on what big firms can’t buy
Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio