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The Real Estate Commissioner is appointed by the Governor, and serves as the chief executive of the Department of Real Estate. [4]Chika Sunquist was appointed Commissioner of the California Department of Real Estate (DRE) by Governor Gavin Newsom on November 28, 2023, and she assumed office on January 3, 2024.
Heard that you can score a great deal when you buy a foreclosure home for real estate investments? Buying foreclosed homes soared in popularity during the Great Recession as a wave of foreclosures ...
Have you been looking around the housing market and thinking "There goes the neighborhood"? Well, you are not alone. In May of this year, ATTOM recorded a sharp uptick in foreclosure rates around ...
Real estate owned, or REO, is a term used in the United States to describe a class of property owned by a lender—typically a bank, government agency, or government loan insurer—after an unsuccessful sale at a foreclosure auction. [1]
A HUD auction is a form of foreclosure auction except the original lender was a federal agency instead of a private lender. The United States Department of Housing and Urban Development (HUD), is the insurer of loans made through a variety of government programs, particularly FHA loans.
The Government of California's executive branch includes numerous types of entities such as departments, commissions, boards, panels, bureaus, and offices. The generic term for any entity is "department". Most entities are grouped together to form "agencies", which are led by a secretary of the Governor's Cabinet.