Category Archives: Association Foreclosure

News and information about foreclosures instituted by homeowner association

HOA Foreclosure For $150

This family is going through a home foreclosure because they owed their Homeowner Association $150 Click Here For Entire Entry

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Big Money To Be Made In Foreclosures

By John Gittelsohn Private equity firms are jumping into distressed housing as the U.S. government plans to market 200,000 foreclosed homes as rentals to speed up the economic recovery. GTIS Partners will spend $1 billion by 2016 acquiring single-family homes to manage as rentals, Thomas Shapiro, the fund’s founder said. That followed announcements this month that GI Partners, a Menlo Park private equity fund, expects to invest $1 billion, and Los Angeles-based Oaktree Capital Management LP will spend $450 million on similar housing. “It’s a massive market,” Shapiro said in a telephone interview from New York. “We’re starting to see … Click Here For Entire Entry

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