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Distressed Property Headlines

Agent: Faulty Appraisals Hurting Home Sales - Patch.com

Agent: Faulty Appraisals Hurting Home Sales Patch.com A proper appraisal can go a long way to setting a good price on a property. By Robert Baldino Sales statistics continue to show a rise in consumer confidence. But, the statistics are including the sales of distressed properties and buyers desire to get ... and more »

A 55-bedroom seaside hotel for €650000: another distressed property auction - thejournal.ie

A 55-bedroom seaside hotel for €650000: another distressed property auction thejournal.ie A 55-BEDROOM seaside hotel and spa will go under the hammer with 99 other 'distressed' properties at an auction in Dublin on 1 March. The Sandhouse Hotel in Donegal Bay, which stands on 3.21 acres and features a restaurant, bar, conference room and spa ...

Lenders quicker to deal pained properties - Crain's Cleveland Business

Lenders quicker to deal pained properties Crain's Cleveland Business To meet the newfound need for speed, lenders increasingly are turning to receivership sales as they try to get a grip on distressed property losses and move on. A receivership sale is a quicker, less cumbersome alternative to a sheriff's sale for ... and more »

Luxury and Stunning Views in a 'Distressed' Dubai Tower - New York Times

New York Times

Luxury and Stunning Views in a 'Distressed' Dubai Tower New York Times DUBAI — For the clients of the investment adviser Manoj Prasad, “distressed property” in this Gulf emirate has an unlikely new address: the world's tallest tower. “They have money and want a place here to entertain clients and guests, ...

King County home prices drop again - The Seattle Times

King County home prices drop again The Seattle Times As in the past few months, they suggest an increase in "distressed-property" sales — bank-repossessed homes and "short sales" for less than sellers owe lenders — is responsible for much of the countywide price drop. Those sales accounted for about 40 ... and more »