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June 25, 2024 at 3:39 PM. The attempted Graceland foreclosure sale remains under investigation. Only now, federal authorities will investigate the matter. “The Tennessee Attorney General’s ...
Elvis Presley’s granddaughter is suing to stop a foreclosure sale of the late singer’s historic Memphis home, Graceland, scheduled this week, alleging fraud and saying the purported company ...
8. Refinance with a hard money loan. You won’t like the high interest rates and fees of a hard money loan — one from a private lender, often an individual — but it might buy you some time to ...
The equity of redemption was the right to petition the courts of equity to compel the mortgagee to transfer the property back to the mortgagor once the secured obligation had been performed. [ 1] Today, most mortgages are granted by statutory charge rather than by a formal conveyance, although theoretically there is usually nothing to stop two ...
Deed in lieu of foreclosure. A deed in lieu of foreclosure is a deed instrument in which a mortgagor (i.e. the borrower) conveys all interest in a real property to the mortgagee (i.e. the lender) to satisfy a loan that is in default and avoid foreclosure proceedings. The deed in lieu of foreclosure offers several advantages to both the borrower ...
A foreclosure rescue scheme is a scam that targets those whose house is facing potential foreclosure. The scheme preys on desperate homeowners whose mortgages are in default by offering to prevent the foreclosure. [1] [2] There are various ways in which foreclosure rescue schemes work, causing different types of harm to the homeowners, but all ...
A public notice for a foreclosure sale of the 13-acre estate in Memphis posted earlier in May said Promenade Trust, which controls the Graceland museum, owes $3.8 million after failing to repay a ...
Foreclosure consultant. Although the definition may vary by jurisdiction, foreclosure consultant generally means any person who makes any solicitation, representation, or offer to any owner to perform for compensation or who, for compensation, performs any service which the person in any manner represents will in any manner do any of the ...