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.
Buyers find real-estate deals in bankruptcy court
Most Popular Articles
Latest Articles
AI isn’t just a buzzword to these housing executives
I’ve interviewed more than 25 tech executives since September and to a person they are bullish on AI. Here’s what they’re doing.