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By: Brittany Dunn 01/13/2010
Increase in Commercial Mortgage Defaults Poses Difficulties for Some Banks
The anticipated surge in commercial mortgage defaults this year could wipe out profits at a number of U.S. banks, according to a research study published Tuesday by SMR Research Corporation. However, SMR said this problem is not likely to morph into a true crisis that would endanger U.S. or global f [read more...]
 

 
Foreclosures Draw Flippers, Study Shows

By CHRISTINE HAUGHNEY
Many New York City residential properties that reach the final phases of foreclosure and are auctioned off are bought by investors who flip them for a profit, rather than by buyers who intend to live in them.

That’s according to a report released Thursday  [read more...]
 

 
‘Creative’ sales take high-rise Waterfront Park Place to 90 percent sold; seven of 77 units remain for sale
‘Creative’ sales at Auction
Friday, December 4, 2009
Business First of Louisville - by Terry Boyd Staff Writer

Between an auction and conventional sales, Waterfront Park Place has sold many of its remaining units and is just short of a full house.

As recently as September, 21 units remained to be sol [read more...]
 

 
13 easy steps to preparing your estate plan…an auctioneer's perspective.
ESTATE PLANNING

Most Americans don't have a will, let alone an estate plan. But that's not a good excuse.

While I’m not an Attorney…and I don’t play one on TV, I am a real estate auction practitioner and I work closely with Attorney’s, Accountants, Trust Officers and Wealth Managers – and over the  [read more...]
 

 
 
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