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As a strikingly controversial project in 1941, Sojourner Truth Project set precedents for Detroit housing project policy through the next decade. Created by the Detroit Housing Commission (DHC) and United States Housing Authority (USHA), the proposed 200 units would alleviate housing shortages caused by the wartime climate of World War II.
Foreclosure investment refers to the process of investing capital in the public sale of a mortgaged property following foreclosure of the loan secured by that property. In real estate , foreclosure is the termination of the equity of redemption of a mortgagor or the grantee in the property covered by the mortgage.
While her business has been a success so far thanks to this hard work, Detroit's real estate boom helped fuel this success. The median price plummeted to $58,900 in 2009 and the city filed for ...
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 ...
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]
Details from the Detroit bankruptcy filing. The city of Detroit, Michigan, filed for Chapter 9 bankruptcy on July 18, 2013. It is the largest municipal bankruptcy filing in U.S. history by debt, estimated at $18–20 billion, exceeding Jefferson County, Alabama's $4-billion filing in 2011. [1]
Diggs Jr. Homes 1331 East Canfield, 48207 (313) 833-3590 Emerald Springs 5825 Emerald Springs Cr, 48212 (313) 366-1701 Gardenview Estates 16461 Van Buren Ave, 48228 (313) 582-9505 Harriet Tubman Apartments 2450 W. Grand Blvd., 48208 (313) 224-2576 John W. Smith Homes 14313 Crescent Dr, 48223 (313) 578-8015 Parkside Village II & IV
Woodbridge is a historic neighborhood of primarily Victorian homes located in Detroit, Michigan.The district was listed on the National Register of Historic Places in 1980, with later boundary increases in 1997 and 2008. [1]