Damon Dash foreclosure auction scheduled for Tribeca, N.Y., loft
Co-founder of Roc-A-Fella Records, Damon Dash, is about to lose his duplex loft, which is located in a Tribeca, N.Y., “power building,” according to Curbed.com.
Dash, who purchased the 5,200 sq. ft. “stunner” in “The Atalanta” building for $3.875 million in 2004, currently owes his lender nearly $9 million after a refinance in 2006. He stopped [...]
Superman Action Comics 1 rescues Boston family from foreclosure
Fictional superhero Superman came to the real-life rescue of one Boston, Mass., family who found themselves up against the dark forces of foreclosure.
To the tune of about $250,000.
MyFOXBoston.com reports that the family, which has chosen to remain anonymous, discovered the rare 1938 comic in a box stowed away in their basement since the 1950s.
In fact, [...]
Real Housewives of New Jersey: Teresa Giudice debt and bankruptcy leads to house auction
Easy come, easy go.
The big spending Teresa Giudice, who stars on “The Real Housewives of New Jersey” reality show, will be forced to auction off many of her worldly possessions as part of a bankruptcy filing, according to People.com.
Televisions, sofas, chairs, chandeliers, as well as a boat and jet ski — even a suit of [...]
Furniture from foreclosures for sale
One man’s junk is another man’s treasure.
William “Lucky” Douglas is proof, selling abandoned furniture and other household items left in the wake of Michigan foreclosures for rock-bottom prices at his “part-flea market, part-thrift shop, part-garage sale” shop called “Lucky & Nisan’s Unique Boutique.”
Foreclosure cleanout crews are often tasked with “taking out the garbage,” rekeying doors [...]
Weekly Twitter Digest from Foreclosure.com (2010-07-24)
Wow, check this out: http://bit.ly/bAN6Do – AWESOME tool for sharing events and photos on Twitter… #
HAMP vs. HAFA opportunities for Agents http://bit.ly/9O4SMP LY #
We are looking for a talented front-end designer to join the team at Foreclosure.com. #designer #freelance #
Linda Yates a featured speaker REALTORS® Conference & Expo's Photos 2010! http://fb.me/FhuVSKet #
Make Facebook your [...]
Foreclosure study reveals 27 percent average discount on bank-owned homes
It’s no secret that foreclosures often offer buyers and investors significant discounts on home purchases.
Today, the brainiacs at Massachusetts Institute of Technology (MIT) and Harvard proved it with 12 years of research, revealing that “foreclosure reduces the value of a house by an average of 27 percent.”
MIT economist and study author, Parag Pathak, was surprised [...]
How to calculate home repair costs and renovations
Whether you buy a flawless gem or a diamond in the rough, your new home is going to cost you extra after closing.
That amount, of course, depends on the condition of the home and your taste. Some improvements are often more practical than others, and in some cases, utterly essential.
Whatever the case may be, we [...]
Weekly Twitter Digest from Foreclosure.com (2010-07-17)
Homeowners Associations: The New Foreclosure http://bit.ly/dkv18Y SC #
Market Double-Dip begins? http://bit.ly/cYrYWb LY #
Can my HOA foreclose on my home?
Yes, it can and will if you stop paying dues.
In fact, 34 states allow Homeowners Associations (HOAs) to foreclose on homes through judicial foreclosure in as few as 10 days (Florida). Of course, there are redemption periods — some as many as 180 days (Texas) — during which homeowners can bring their balances current and [...]