Baltimore Faces Foreclosure Fallout as Alleged $100 Million Real Estate Fraud Ring Implodes
Baltimore is facing a rash of foreclosures tied to a suspected real estate fraud ring, leaving lenders and tenants of the foreclosed properties in the lurch. A detailed investigation by the Baltimore Banner laid bare the astonishing details of the scheme, in which a group of New York-based investors
Who’s Buying America’s Homes? New Data Shows It’s Not Just Institutional Giants
Turns out, it's not only Wall Street with deep pockets when it comes to real estate investing. More than 90% of investor-owned homes in the U.S. belong to small landlords with fewer than 11 properties, according to the latest Investor Pulse report from CJ Patrick Co. and BatchData. Even in states wi
‘Pregnant A-Frame’ Perched on Riverbank in Washington Snags a Buyer Just Days After It’s Listed for $640K
A charming riverfront compound in Washington that boasts both a gothic A-frame abode and a studio cabin is flowing into the hands of a new owner, having snagged itself a buyer just days after listing for $640,000. Located in Baring, on a bank of the South Fork Skykomish River, the delightful dwellin
‘Unsolicited Inspection’: Homeowner Says Insurance Giant Used Google Earth To Demand $18K Roof Fix
When Roseanna Castillo opened a letter from her home insurance company this fall, she didn’t expect to find an $18,000 problem. The notice claimed her roof showed “granular loss”—a form of shingle deterioration—based on aerial images captured from Google Earth. To keep her coverage, she was told she
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