Struggling condo project to be sold (Chicago Tribune) Real estate auctioneer Steven Good has been hired to sell a proposed triple-tower condominium project at 1000 S. Michigan Ave. that has been stymied by foreclosures, despite its location overlooking Grant Park.
Union Equity Sets Sites on Rising Foreclosure Opportunities (Business Wire via Yahoo! Finance) Union Equity, Inc. is pursuing foreclosure opportunities in key areas of South Florida.
Foreclosure hearing set for old Hilo Hotel (KPUA Hilo) HILO, Hawaii (AP) _ A foreclosure hearing is scheduled for Wednesday for the property beneath the historic Hilo Hotel. The East Hawaii Coalition for the Homeless has owned the hotel since 2001. The nonprofit group has since then leased the space to government agencies and other nonprofit groups.
FOUNTAIN HILLS - $1,325,000 (The Arizona Republic) Save big on your next home. Search RealtyTrack now to view more than 500,000 current foreclosure preoprties, that you may be able to purchase at up to 20-50 percent below market rates.
Real Estate Flipping and Foreclosure Trends Continue to Rise According to USHUD.COM CEO (PR Newswire via Yahoo! Finance) The stigma regarding flipping real estate properties came about in the 1990's. According to Michael Urbanski, CEO of USHUD.COM , a subsidiary of Heavy Hammer, "Flipping today is different than it was in the 1990s.
Foreclosure and closure? (Fort Wayne Journal Gazette) Foreclosure and closure? If the Calvary Temple Worship Center at 1400 W. Washington Center Road is sold at auction next month, it would mark the final chapter in the closing of the 47,000-square-foot church.
Risk and reward: Savvy, active investors can make good money through first deeds of trust (The Union) George Ewing of Grass Valley likes the returns of 9.5 to 12 percent he gets from his first deeds of trust, even if he had to clean up the dog manure at the site of one foreclosure.
Foreclosures up 15% (Rocky Mountain News) Almost 10,500 homes in the metro area ended up in foreclosure in the first nine months of the year, about 15 percent more than during the same period last year, according to projections made Monday.
Demolition might stymie tax sale plan for The Pier (The Buffalo News) In the five years since The Pier ceased operations on Buffalo's outer harbor, its city property tax obligations have continued to mount and now total $2.2 million.
Colorado foreclosure numbers worsening (BizJournals) While the nation's foreclosure and loan-delinquency rates showed substantial year-over-year improvement in the second quarter, Colorado's numbers worsened slightly.