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MV Realty files for bankruptcy

Housing Wire

Right-to-list agreement firm MV Realty has filed for Chapter 11 bankruptcy in 33 states. MV Realty operated in 33 states and has more than 500 real estate agents. MV Realty operated in 33 states and has more than 500 real estate agents. The story was first reported by CBS News.

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Exploring Alternatives to Bankruptcy: Financial Options for Homeowners

Realty Biz

If you’re struggling financially and unable to pay your bills, you may have considered filing for bankruptcy. Filing for bankruptcy gives you a fresh start, but it stays on your credit report for up to 10 years — resulting in consequences for years to come. Instead, you can focus on one. Consider making lifestyle changes as well.

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Smart Budgeting Tips for Homeowners on the Brink of Bankruptcy

Realty Biz

But in today’s unpredictable economy, it’s easy even for homeowners to find themselves on the brink of bankruptcy. According to the most recent numbers, bankruptcies rose 10% last year. Being on the brink of bankruptcy isn’t the same thing as actually being bankrupt — not even close. But don’t lose hope.

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6 Timeless Tips From Real Estate Agents Specializing in Divorce

HomeLight

There are actually real estate agents specializing in divorce who navigate the details and roadblocks of selling joint property dozens of times every year. Some agents even get certified, which involves special training in understanding tax issues in the sale of the family home, alimony and child support, divorce and pensions, and bankruptcy.

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MV Realty banned from North Carolina

Housing Wire

This means that if a homeowner decides to sell their house sometime in the next 40 years, the company is entitled to list the home for a 3% commission, which is separate from the commission earned by the buy-side agent. 2023 , MV Realty filed for Chapter 11 bankruptcy in the 33 states it operates in.

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Redfin makes its big rental play with RentPath acquisition

Housing Wire

Seattle-based Redfin has agreed to pay $608 million in cash to acquire RentPath , though the deal still requires sign-off by the Federal Trade Commission and a bankruptcy court. Despite RentPath’s baggage, namely a $650 million bankruptcy restructuring , Redfin sees big traffic and lead-generation potential with the pending acquisition.

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Volunteer leaders, bankruptcy, good advice: Inman’s Top 5

Inman

With Inman Top 5, you'll find the most essential stories, chosen by our readers. Here are the most-read stores of Sept. 23-28, 2023.