Land law

Main Street Alliance launches awareness campaign about California Clearinghouse lender forcing borrowers and community redevelopment projects into foreclosures and bankruptcy during pandemic

Retrieved on: 
Wednesday, June 2, 2021
United States housing bubble, Foreclosure, Mortgage, Real property law, Urban decay, The Borrowers, Real estate, Land law, Articles

Clearinghouse refuses to directly discuss any possible settlements or resolutions and forced borrowers to communicate only via multiple attorneys which has the effect of exhausting borrowers financially.

Key Points: 
  • Clearinghouse refuses to directly discuss any possible settlements or resolutions and forced borrowers to communicate only via multiple attorneys which has the effect of exhausting borrowers financially.
  • MSA reports that senior management refusesto communicate directly with borrowers, Clearinghouse Board of Directors has been disinterested in discussing any resolution.
  • Board Chairman Gary Dunn, formerly with Banc of California, apparently has no interest in holding Clearinghouse accountable for social responsibility, adds Rick Ramirez.
  • MSA asks them to demand that their funds not be used for the purpose of derailing community projects and forcing borrowers into receiverships, foreclosures, and bankruptcy.

Highest number of new condominiums sold in April since 2000 and 69 per cent above the 10-year average

Retrieved on: 
Tuesday, May 25, 2021
Housing, Townhouse, Condominium, Semi-detached, Real estate, Land law, Euthenics

It was the highest number of new condominiums sold in April since 2000 and 69 per cent above the 10-year average.

Key Points: 
  • It was the highest number of new condominiums sold in April since 2000 and 69 per cent above the 10-year average.
  • Sales of new single-family homes, including detached, linked, and semi-detached houses and townhouses (excluding stacked townhouses), with 1,020 units sold, were 26 per cent below the 10-year average.
  • We are continuing to see unprecedented activity in the GTA market, said Dave Wilkes, BILD President & CEO.
  • The robust demand testifies to the continued attractiveness of the GTA as a place to call home.

Trustee Sale Reversal is Not Impossible, Proven by the Nonprofit Alliance of Consumer Advocates With Yet Another Success Story

Retrieved on: 
Friday, May 21, 2021
United States housing bubble, Foreclosure, Mortgage, Real property law, Urban decay, Real estate, Land law, Articles

Eventually, the foreclosure process took her home after her lender had denied her assistance.\nFortunately, she contacted the Nonprofit Alliance of Consumer Advocates who told her that Trustee Sale Reversals are very rare, complex, and are time-sensitive but not impossible, even when they sell to 3rd party bidders.

Key Points: 
  • Eventually, the foreclosure process took her home after her lender had denied her assistance.\nFortunately, she contacted the Nonprofit Alliance of Consumer Advocates who told her that Trustee Sale Reversals are very rare, complex, and are time-sensitive but not impossible, even when they sell to 3rd party bidders.
  • Starting with immediately engaging with Consumer Defense Law Group, LLC owned and operated by Attorney Anthony Cara who has successfully reversed many Trustee Sales for clients that have been referred by the Nonprofit Alliance of Consumer Advocates.
  • Consumer Defense Law Group has an A+ BBB rating has more than a 95% success rate in reaching settlement agreements for clients against lenders who previously refused to assist homeowners.
  • If you or anyone you know are in danger or have been foreclosed upon, contact the Nonprofit Alliance of Consumer Advocates.

Texas Rent Relief Program Helping Texas Renters and Landlords, Prioritizing Applicants at Risk of Eviction

Retrieved on: 
Thursday, May 6, 2021
Real property law, Affordable housing, Housing in the United States, Real estate, Land law, Eviction, Housing, Landlord–tenant law, Property law, Landlord, Costa–Hawkins Rental Housing Act

b'AUSTIN, Texas, May 6, 2021 /PRNewswire/ -- The Texas Department of Housing and Community Affairs (TDHCA) Texas Rent Relief program is helping renters get assistance with up to 15 months of rental assistance including back rent and up to three months of future rent, as well as utility assistance.

Key Points: 
  • b'AUSTIN, Texas, May 6, 2021 /PRNewswire/ -- The Texas Department of Housing and Community Affairs (TDHCA) Texas Rent Relief program is helping renters get assistance with up to 15 months of rental assistance including back rent and up to three months of future rent, as well as utility assistance.
  • "Landlords can get up to 15 months of rent paid through this program, but only if they don\'t evict.
  • "\nThrough the Texas Eviction Diversion Program (TEDP), courts can work with landlords and tenants to put a temporary stay on the eviction process while the parties pursue assistance through the Texas Rent Relief program.
  • "\nTDHCA launched a public dashboard to report on the Texas Rent Relief program\'s performance, available at TexasRentRelief.com .

U.S. Home Seller Profits Dip Slightly In First Quarter Of 2021 But Remain Higher Than Year Ago

Retrieved on: 
Thursday, April 29, 2021
Foreclosure, Mortgage, Real property law, United States housing bubble, Urban decay, Recession, Economy, Articles, Land law

Butthe raw-profits as well as the return-on-investments on sales of median-priced homes in the first quarter of 2021, still stood at the second-highest points since the U.S. housing market began recovering from the Great Recession in 2012.

Key Points: 
  • Butthe raw-profits as well as the return-on-investments on sales of median-priced homes in the first quarter of 2021, still stood at the second-highest points since the U.S. housing market began recovering from the Great Recession in 2012.
  • The next few months will speak huge volumes about whether the market keeps barreling ahead.
  • For now, though, sellers remain in the drivers seat, ringing up great profits.
  • The data is derived from recorded sales deeds, foreclosure filings and loan data.

High-rise Properties (Electrical Safety) Bill

Retrieved on: 
Wednesday, April 28, 2021
Electrical engineering, Electrical wiring, Landlord, Real estate, Housing in the United Kingdom, Land law, Engineering

b'A Bill to require social landlords of residential properties in high-rise buildings to undertake regular safety inspections of electrical installations; to establish a complaints procedure for tenants of such properties who have electrical safety concerns; and for connected purposes.\n'

Key Points: 

b'A Bill to require social landlords of residential properties in high-rise buildings to undertake regular safety inspections of electrical installations; to establish a complaints procedure for tenants of such properties who have electrical safety concerns; and for connected purposes.\n'

Fla.'s Housing Market: Sales, Median Prices Up, Inventory Remains Tight in March

Retrieved on: 
Thursday, April 22, 2021
Real property law, Condominium, Townhouse, National Association of Realtors, Real estate, Land law, Property law

b'ORLANDO, Fla., April 22, 2021 /PRNewswire/ --Florida\'s housing market continues its momentum in March, with more closed sales, higher median prices, more new pending sales and increased pending inventory compared to a year ago, according to Florida Realtorslatest housing data.

Key Points: 
  • b'ORLANDO, Fla., April 22, 2021 /PRNewswire/ --Florida\'s housing market continues its momentum in March, with more closed sales, higher median prices, more new pending sales and increased pending inventory compared to a year ago, according to Florida Realtorslatest housing data.
  • Due in part to this extreme shortfall of homes for sale relative to high demand, home prices keep rising,which also impacts the availability and affordability of housing options, especially for first-time buyers.
  • "\nClosed sales of single-family homes statewide in March totaled 32,819, up 23.3% year-over-year, while existing condo-townhouse sales totaled 16,518, up 52.6% over March 2020.
  • Last month\'s statewide median price for condo-townhouse units was $242,000, up 15.2% over the year-ago figure.

East Coast and Chicago Area Face Biggest Hurdles in Housing-Related Risks Connected to Coronavirus Pandemic Impact

Retrieved on: 
Thursday, April 22, 2021
United States housing bubble, Foreclosure, Mortgage, Real property law, Urban decay, Land law, Real estate, Articles

The conclusions are drawn from an analysis of the most recent home affordability, equity and foreclosure reports prepared by ATTOM.

Key Points: 
  • The conclusions are drawn from an analysis of the most recent home affordability, equity and foreclosure reports prepared by ATTOM.
  • Rankings were based on a combination of those three categories in 552 counties around the United States with sufficient data to analyze in the first quarter of 2021.
  • Counties were ranked in each category, from lowest to highest, with the overall conclusion based on a combination of the three ranks.
  • "Our analysis suggests that even as the market remains hot, pockets of the East Coast, Midwest and South areat higher risk from potential damage connected to the pandemic.

Bucks County Transitions to Online Sheriff Sales April 9

Retrieved on: 
Monday, March 29, 2021
Bid4Assets, Bucks County, Pennsylvania, Foreclosure, Doylestown, Auction, Articles, Land law, Real estate

DOYLESTOWN, Penn., March 29, 2021 /PRNewswire/ --Beginning in April, Bucks County, Pennsylvania's Sheriff Office will conduct its foreclosure sales online through online real estate auction site Bid4Assets.com.

Key Points: 
  • DOYLESTOWN, Penn., March 29, 2021 /PRNewswire/ --Beginning in April, Bucks County, Pennsylvania's Sheriff Office will conduct its foreclosure sales online through online real estate auction site Bid4Assets.com.
  • "While it is important to get these auctions back on schedule, the safety of our citizens remains our primary concern," said Milton Warrell, Bucks County Sheriff.
  • "Bid4Assets services allow us to safely conduct our auctions while introducing Bucks County to a national audience of buyers.
  • Bid4Assets has recently hosted successful online foreclosure sales for multiple sheriff offices in Pennsylvania including Montgomery, Monroe and Berks Counties.

Väsamed, Inc. Has Ceased Operations; Assets Have Been Acquired Through Foreclosure

Retrieved on: 
Friday, March 19, 2021
United States housing bubble, Foreclosure, Mortgage, Real property law, Urban decay, Articles, Land law, Real estate

EDEN PRAIRIE, Minn., March 19, 2021 /PRNewswire/ --Vsamed, Inc. announced today that it ceased all commercial operations in 2020 and that certain debtholders foreclosed on all of the company's assets pursuant to a publicly announced forced foreclosure asset sale in December 2020.

Key Points: 
  • EDEN PRAIRIE, Minn., March 19, 2021 /PRNewswire/ --Vsamed, Inc. announced today that it ceased all commercial operations in 2020 and that certain debtholders foreclosed on all of the company's assets pursuant to a publicly announced forced foreclosure asset sale in December 2020.
  • There will be no distributions or further communications to stockholders or remaining debtholders.