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A house for sale by its owner. For sale by owner (FSBO) is the process of selling real estate without the representation of a broker or agent. This is where the homeowner sells directly to a new homeowner. Homeowners may still employ the services of marketing, online listing companies, but can also market their own property.
Village at Glen Iris is a group of subdivisions in Houston, Texas. Village at Glen Iris is located in southern Houston near Almeda Road. Glen Iris was affected by a wave of foreclosures in the 1980s. From the beginning of 1990 until October 1991, the prices of the houses declined by 14%. [1]
Nevertheless, in an illiquid real estate market or if real estate prices drop, the property being foreclosed could be sold for less than the remaining balance on the primary mortgage loan, and there may be no insurance to cover the loss. In this case, the court overseeing the foreclosure process may enter a deficiency judgment against the ...
M-M Properties, the owner of record as of 2013, listed the property for sale. The building includes 543,000 square feet of leasable space, 94 percent of which was occupied as of January 2013. M-M Properties invested $3.2 million to renovate the main and elevator lobbies, improve access to restrooms for person with disabilities, and replace roofing.
A deed in lieu of foreclosure is a deed instrument in which a mortgagor (i.e. the borrower) conveys all interest in a real property to the mortgagee (i.e. the lender) to satisfy a loan that is in default and avoid foreclosure proceedings. The deed in lieu of foreclosure offers several advantages to both the borrower and the lender.
The properties are distributed across Harris County. There is a concentration in "Downtown Houston", defined as the area enclosed by Interstate 10, Interstate 45, and Interstate 69. More than 100 are in the "Houston Heights" neighborhood whose borders are, approximately, Highway I-10 on the South, I-610 on the North, 45 on the East and Durham ...