Housing Wire

MAY 27, 2025

In addition, the NMLS will run a credit report where items like bankruptcies, tax liens, collection accounts, foreclosure, past due accounts, late child support payments and no credit history may be a red flag. This could be for residential or commercial property or even an empty lot of land.

Loan Officer 150

Loan Officer Loans Mortgages Lending 150

Realty Biz

AUGUST 18, 2020

Property owners impacted by the COVID-19 housing crisis are struggling to pay mortgages, and the imminent risk of foreclosure and bankruptcy looms large over the industry. Kris Lindahl: Banks are more proactive than ever when it comes to offering solutions for people struggling to make their mortgage payments.

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Purchase and sale agreement Bankruptcy Mortgages Commercial 103

Realtor.com

OCTOBER 30, 2020

Detroit is making a comeback after years of decline that led to a bankruptcy filing in 2013. The dearth of credit is largely a consequence of battered property values plus a commercial reality that depresses them further: Lenders can’t earn money on tiny mortgages , so they don’t make them. On the west side, it is hardly worth trying.

Marketing 86

Marketing Bankruptcy Finance Banks 86

HomeLight

JANUARY 13, 2022

Most commonly, issues may arise if there’s a dispute over ownership, likely due to family disputes or divorce proceedings , or if there are any liens against the property due to debts owed to contractors, unpaid taxes, or bankruptcy. Bank or court approvals. Title contingencies cannot be waived. Zoning contingencies.

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Backup offer Inspection contingency Purchase and sale agreement Home sale contingency 97

Marco Santarelli

SEPTEMBER 7, 2021

It could involve renting out a corner to a bank to install an ATM. Don’t convert the first floor of the building into commercial space if local zoning laws prohibit it. However, you need to take care to avoid mistakes that cause so many dreams of getting rich investing in property turning into nightmares in bankruptcy court.

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Investor Bankruptcy Renovation Land 111

Marco Santarelli

SEPTEMBER 6, 2020

If they are sued or go into bankruptcy, you’re joined at the hip as their business partner. REITs generally own and/or manage income-producing commercial real estate, whether it’s the properties themselves or the mortgages on those properties. You’re like a bank now, getting paid interest. Affiliate Marketing.

Lending 135

Lending Loans Investor Branding 135

Dwell Real Estate

AUGUST 20, 2021

It was torn down to make way for a bank. The First Bank & Trust at Five Points, the El Vernona Hotel, the Hotel Sarasota, the American National Bank (it went broke two years later and became the Orange Blossom Hotel, then apartments, then condos) and the Terrace Hotel are the first “high-rises” in downtown.

Land 52

Land Development Banks Construction 52

The Close

NOVEMBER 12, 2024

If you’re looking for a platform that will give you reliable credit reports, criminal background checks, and employment and income verification—all without breaking the bank— I’ve got the perfect list for you! They may also include previous landlord references, employer references, and proof of income. Is it legal to screen tenants?

Property Management 52

Property Management Closing Bankruptcy Commercial 52

Housing Wire

MAY 25, 2022

Both Fannie Mae and Freddie Mac also have backed commercial loans on mobile home communities. But when home prices depreciated, it flamed out, and its parent Conseco filed for bankruptcy protection in 2002. The Biden administration is banking on FHFA’s approval of Freddie Mac financing chattel loans.

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Finance Loans FHA loan Bankruptcy 421

Realtor.com

JANUARY 18, 2022

That will be in addition to a new retail and commercial space. The resort’s revenue fell sharply at the start of the pandemic, according to Bloomberg , which reports that millions in bank loans personally guaranteed by the former president will soon come due.

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Branding Bankruptcy Residential Commercial 65