Due to rising interest rates and property taxes, states like Florida and Texas have been experiencing an increase in the number of homeowners struggling with their mortgage payments, which has pushed many toward foreclosure or selling their property. And although foreclosures are generally the result of factors like unemployment and falling home prices, this is […]
Due to the significant difficulties occurring in major metropolises and cities across the United States, many sectors are economically affected by the volatile market changes. Among the most affected are homeowners, who are facing steep increases in property taxes and rising energy costs. Although inflation has slightly decreased so far this year, unexpected increases in […]
Currently, thousands of investors are working hard in the purchase of homes and are allocating a large portion of their capital to the U.S. real estate market to achieve a significant presence in the sector. So far this year, investors have recorded the highest percentage of home purchases. They are the ones constantly taking big […]
A 44,000-square-foot office building in Lauderdale Lakes is facing foreclosure while its owner tries to attract investors for a remodeling project. Best Meridian Insurance Co. of Florida, part of Miami’s BMI Financial Group, has filed a foreclosure lawsuit in Broward County court. The lawsuit demands repayment of a $7.2 million mortgage or control of the […]