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Cons. A foreclosed home is sold “as is,” so if it needs repairs, you will need to do them. It may take longer to close and finalize a foreclosed home purchase.
Foreclosure of chattel mortgages (mortgage of movable property) are governed by Sec. 14 of Act No. 1506, which gives the mortgagee the right to sell the chattel at a public sale. It has also been held that as regards chattel mortgages, the law does not prohibit that the foreclosure sale be done privately if it is agreed upon by the parties. [49]
As a result of the 1949 law, agencies in Puerto Rico sent plans for the construction of caseríos (housing) to Washington, DC for approval and by August 1952, the building of 9,890 new units across Puerto Rico had been authorized. [7] Law 93-383 passed by the US Congress on August 22, 1974 for the improvement of residences, included Puerto Rico ...
Río Rico is a village located along the Rio Grande in the Mexican state of Tamaulipas. It includes a portion of the Horcón Tract , a narrow 461-acre (1.87 km 2 ) piece of land (including former riverbed) that was part of the United States until 1977.
Rio Rico may refer to: Rio Rico, Arizona , a census-designated community in Santa Cruz County, Arizona, United States Río Rico, Tamaulipas , a town in Mexico on territory that was part of the United States prior to a border adjustment in the 1970s
There are also sites of the old Calabasas village, [1] Calabasas Store [9] (both now built over by modern development in Rio Rico) and the Santa Rita Hotel (once a fine hotel along the railroad line to Mexico), now a vacant piece of land near the old rail line and south of Sonita Creek, east of its confluence with the Santa Cruz River. [10] [11 ...