The document provides a summary of the San Francisco district map, outlining the names and boundaries of the city's 10 districts. It lists each district (1-10) and the neighborhoods that fall within each one, from Outer Richmond in District 1 to Bayview in District 10. The map overview various San Francisco neighborhoods by district.
Mr. P. Wilhelm introduces himself as a 32-year-old man who enjoys drumming, reading, and playing chess. He shares that he has a mission to educate others on various science topics like earth science, physical science, life science, and chemistry. He hopes that listeners find love, peace, and understanding through his rhyming introduction of himself.
Everything you want to know about Property Tax Assessments.pdfTim Wilmath
The document provides an overview of the property tax assessment process in Palm Beach County, Florida. It discusses the county's demographics and introduces the property appraiser, Tim Wilmath. It then covers the history of property taxes in Florida dating back to 1839, important dates in the assessment cycle, how property values are calculated, and the property appraiser's responsibilities in maintaining ownership records and valuing properties.
The document provides a step-by-step explanation of a money-making real estate investing program involving flipping tax-delinquent properties for profit. It involves buying inexpensive, undeveloped land that is tax-delinquent for low prices, and immediately reselling the properties online for higher prices. The document then outlines the two steps of the program and provides details on how to obtain lists of suitable tax-delinquent properties from local government tax offices in different states.
Proposition 8 allows for a temporary reduction in property taxes when a home's market value declines significantly below its assessed value. Homeowners can apply for a Proposition 8 reduction with their county assessor's office, which will review property values and lower taxes if appropriate. No private firms are needed to apply, as the assessor will perform the review for free. If granted, a Proposition 8 reduction lowers the property's assessed value until the market improves, but taxes can still increase faster than under Proposition 13. Homeowners should provide comparable home sales to support their requested market value.
The document provides a summary of the San Francisco district map, outlining the names and boundaries of the city's 10 districts. It lists each district (1-10) and the neighborhoods that fall within each one, from Outer Richmond in District 1 to Bayview in District 10. The map overview various San Francisco neighborhoods by district.
Mr. P. Wilhelm introduces himself as a 32-year-old man who enjoys drumming, reading, and playing chess. He shares that he has a mission to educate others on various science topics like earth science, physical science, life science, and chemistry. He hopes that listeners find love, peace, and understanding through his rhyming introduction of himself.
Everything you want to know about Property Tax Assessments.pdfTim Wilmath
The document provides an overview of the property tax assessment process in Palm Beach County, Florida. It discusses the county's demographics and introduces the property appraiser, Tim Wilmath. It then covers the history of property taxes in Florida dating back to 1839, important dates in the assessment cycle, how property values are calculated, and the property appraiser's responsibilities in maintaining ownership records and valuing properties.
The document provides a step-by-step explanation of a money-making real estate investing program involving flipping tax-delinquent properties for profit. It involves buying inexpensive, undeveloped land that is tax-delinquent for low prices, and immediately reselling the properties online for higher prices. The document then outlines the two steps of the program and provides details on how to obtain lists of suitable tax-delinquent properties from local government tax offices in different states.
Proposition 8 allows for a temporary reduction in property taxes when a home's market value declines significantly below its assessed value. Homeowners can apply for a Proposition 8 reduction with their county assessor's office, which will review property values and lower taxes if appropriate. No private firms are needed to apply, as the assessor will perform the review for free. If granted, a Proposition 8 reduction lowers the property's assessed value until the market improves, but taxes can still increase faster than under Proposition 13. Homeowners should provide comparable home sales to support their requested market value.
The document summarizes the foreclosure process. It begins with a notice of default being recorded with the county recorder if the homeowner misses payments. Then a notice of trustee sale is filed after 90 days if the default is not cured. The property is then auctioned and sold to the highest bidder, or reverted to the lender. A short sale is presented as an alternative that can avoid foreclosure and is beneficial to all parties involved. The document promotes services to help homeowners in default or facing foreclosure.
The document summarizes the foreclosure process. It begins with a notice of default being recorded with the county recorder if the homeowner misses payments. Then a notice of trustee sale is filed after 90 days if the default is not cured. The property is then auctioned and sold to the highest bidder, usually resulting in the property becoming bank owned. The document also discusses options like a short sale to avoid foreclosure.
2M E M O R A N D U MTO Supervising Attorney F.docxtamicawaysmith
2
M E M O R A N D U M
TO: Supervising Attorney
FROM: [Student name]
RE: LP Assignment
DATE:
FACTS: [Include the facts that are necessary to your answer. In most memos, the facts are written in chronological order.]
QUESTION/ISSUE: [You may have more than one QUESTION/ISSUE and ANSWER for an assignment.]
ANSWER: [Your answer should include one or more statements of law with BlueBook citations, an application or analysis of the law to the facts, and a conclusion. In other words, you are following the Legal Writing pattern IRAC: I (Issue), R (Rule), A (Application or Analysis), and C (Conclusion).]
*Use APA style formatting: 1-inch margins, Times New Roman size 12 font, double-space.
*Use Bluebook citation.
LP6 Assignment: Who Owns What?
A woman named Bonnie walks into your firm one day requesting help in a dispute over a property she purchased. The circumstances of the property are as follows:
Ponch owned Easy Acres, an undeveloped parcel of land located in Green. Ponch had always wanted to purchase a Tomahawk motorcycle, but the ones that were available for sale were always beyond his price range. But thanks to a significant increase in the value of the Easy Acres parcel, Ponch finally had the means to acquire his coveted motorcycle. Ponch gets a loan from his friend Jon, securing the loan with a mortgage on Easy Acres for $100,000. Jon forgets to record the mortgage.
Ponch subsequently sold Easy Acres to Grossman for $75,000 in cash and rode off to Arizona to live out his life-long dream of starring in television commercials as a mattress pitchman. Grossman recorded the deed of sale and immediately built a roller derby track on Easy Acres, which increased the value of the land to over $500,000.
Grossman sold the facility to Bonnie, a roller derby impresario and your client, for $600,000 in a duly recorded deed.
One day, Jon happened by Easy Acres and noticed the roller derby facility. He was unable to contact Ponch but located Bonnie, presented her with the mortgage documents, and demanded that Bonnie pay him his $100,000.
Bonnie needs help with the action Jon is threatening to bring for recovery of his $100,000. Your firm's partner asks you to help her craft her response to Bonnie.
In a 2-page double-spaced APA Style memorandum, explain what rights Grossman, and subsequently Bonnie, have with respect to Easy Acres and why. What rights does Jon have, and why?
NEEDS TO INCLUDE:
1) What rights did Grossman have with respect to the property, and subsequently, what rights does Bonnie have with respect to the property? Why?
2) What rights does Jon have with respect to the property? Why?
3) Some place in your memo, please state whether Bonnie has to pay Jon the $100,000.
HINT: The answers to these questions are found in Chapter 12, but the answers are not found in the section on Recording Statutes.
Criteria
1. Memorandum details the rights and interests of Bonnie in the property, and why.
2. Memorandum details the rig ...
Investing In Tax Deeds & Tax Lien Seminar For Lake Co Presentation UsedSandra Edmond
This is a brief presentation about how to buy property at 30-50% of the value through tax deed sales. We also covered how to invest in tax lien certificates for a 10-18% return on investment backed by the government and almost guaranteed within 2 years or less. Learn more at http://QueenOfTaxDeeds.com
This document provides information to home buyers about Houlihan Lawrence, a real estate company, and the home buying process. Houlihan Lawrence has over 1,200 agents serving the New York City suburbs and connects international buyers to homes across six continents. The document outlines factors for buyers to consider when looking for a home, common disclosures, the benefits of pre-approval, typical closing costs, how to make an offer, and what inspections are recommended.
The document provides information about new staff appointments and disciplinary actions at the Nevada Real Estate Division. It introduces Jason Wood as the new Deputy Administrator and describes his background. It also announces several new hires to positions in the Division and their offices. The document summarizes recent disciplinary actions and stipulations taken against licensees for various violations. It provides an article about short sales written by the Division's Chief Investigator, explaining the process.
The document provides information about summer day camps, fitness programs, and registration dates for the Chicago Park District. It also includes contact information for the park district and notices for an antique shop buying old items and a construction project in Lincoln Park that aims to prevent a rodent infestation during demolition of the former Children's Memorial Hospital site.
This document is an advisory for properties being sold by lenders after foreclosure. It summarizes exemptions and requirements for the seller. The seller is exempt from providing certain disclosures but is still required to disclose known material facts affecting the property's value. The seller must also disclose information about earthquake zones, smoke detectors, water heaters, and lead paint. The sale is not exempt from state requirements for carbon monoxide devices or tax withholding obligations. Brokers still have obligations to conduct inspections and provide agency disclosures.
Coast 2 Coast Lien Search and Mitigation Services provides municipal lien searches and mitigation services throughout Florida. They guarantee fast and accurate turnaround times on lien searches. If any issues are found, they will cover financial losses to ensure clients can close without delays. They have experience in the real estate industry and title searches to thoroughly research municipal issues that may affect property purchases.
Foreclosures and Short Sales November 2008BillMcMannis
This is my presentation I used in 2008 to train real estate agents in how to properly manage short sales. The material is a little out of date, but I believe is continues to give a concise overview of how the foreclosure process works in North Carolina.
Deferred indefeasibility and mortgage prioritiesRichard Saad
The document summarizes a presentation given by Simon about a recent court case, CIBC Mortgages Inc. v. Computershare Trust Company, that impacted mortgage priorities. The case involved a fraudulent discharge of a first mortgage by a borrower ("the Fraudster") that allowed them to take out new mortgages. The court ruled that the second mortgagee, CIBC, should have investigated the circumstances of the fraudulent discharge and therefore their mortgage was demoted to second priority, restoring the original first mortgage. This sets a precedent that lenders may not fully rely on land title records and raises questions about the level of diligence now required when granting mortgages.
The document discusses various types of mortgage fraud including:
- Puffing, where a seller lists a property for its real value but the buyer wants to purchase it for a higher inflated value.
- Investment straw buys, where borrowers are promised payment at closing in exchange for taking out fraudulent loans as part of an alleged investment scheme.
- Shot-gunning, where a perpetrator takes out multiple equity lines of credit on a property all at once without lenders knowing about prior liens.
- Foreclosure bail-outs, where a perpetrator promises to help a consumer in foreclosure but fraudulently resells the property without the consumer's knowledge.
1. The document discusses legal and policy issues surrounding vacant and blighted properties, specifically in Michigan. It outlines the tax foreclosure process in Michigan and the role of land banks in addressing abandoned properties. Land banks have powers under Michigan law to expedite the title clearing process for tax foreclosed properties in order to return them to productive use.
2. The document also discusses various grassroots organizations and programs in Michigan cities that are working to help residents impacted by tax foreclosure and vacant properties. However, large-scale efforts are still needed to address the huge scope of the problem, especially in older urban areas like Detroit.
3. Land banks created under the Michigan Land Bank Fast Track Act have the power to negotiate
The document provides guidance on important steps to take before, during, and after purchasing land or real property in Nigeria to secure one's interest and avoid future legal issues. It outlines key stages of the process including investigating the vendor's title, signing a contract of sale, further investigating title through searches and documentation, signing a deed of assignment, and finally perfecting the title through steps like obtaining governor's consent and registration. Taking all recommended steps is essential to ensure one has a legally secure interest in the purchased property.
This document discusses various topics related to documenting and registering property transactions including liens, encumbrances, deeds, and essential elements of contracts and deeds. It defines terms like liens, encumbrances, easements, deeds of sale, donation and exchange. It outlines elements required in contracts and deeds, and discusses special purpose deeds and preparing relevant documents.
The document discusses Century 21 Town & Country's system for quickly routing online property leads to agents via their mobile phones. It describes how LeadRouter matches leads to agents within 30 seconds and notifies them via phone, enabling agents to respond within minutes. It notes that this helps sell homes faster and for more money compared to the industry average of 54 hours for agents to respond to leads. It also discusses Century 21 Town & Country's mobile-responsive website and marketing plans to list and promote properties online and through multiple listing services.
James Metcalfe's November Real Estate UpdateJames Metcalfe
This month we saw a 6% rise in the average cost of homes in the GTA. Also we look at status certificates and some important tips on evaluating adjustable rate mortgages. The ever popular pearls of wisdom also return
This document provides information about a real estate pre-licensing course taught by Steve McTyeire. It outlines the topics that will be covered in each of the 4 sessions, including listing property, selling property, property management, settlements and transfers, financing, and professional responsibilities. It also provides details about the state licensing exam, including scheduling, fees, identification requirements, duration, and calculators. The remainder of the document gives sample questions and explanations that may be covered on the exam, focusing on legal descriptions, types of construction, ownership records, homeowners associations, brokerage fees, and other key real estate concepts.
The SVN® organization shares a portion of their new weekly listings via their SVN Live® Weekly Property Broadcast. Visit https://svn.com/svn-live/ if you would like to attend our weekly call, which we open up to the brokerage community.
Dholera Smart City Latest Development Status 2024.pdfShivgan Infratech
Explore the latest development status of Dholera Smart City in 2024. Discover the progress, infrastructure, and future plans of India's first greenfield smart city.
The document summarizes the foreclosure process. It begins with a notice of default being recorded with the county recorder if the homeowner misses payments. Then a notice of trustee sale is filed after 90 days if the default is not cured. The property is then auctioned and sold to the highest bidder, or reverted to the lender. A short sale is presented as an alternative that can avoid foreclosure and is beneficial to all parties involved. The document promotes services to help homeowners in default or facing foreclosure.
The document summarizes the foreclosure process. It begins with a notice of default being recorded with the county recorder if the homeowner misses payments. Then a notice of trustee sale is filed after 90 days if the default is not cured. The property is then auctioned and sold to the highest bidder, usually resulting in the property becoming bank owned. The document also discusses options like a short sale to avoid foreclosure.
2M E M O R A N D U MTO Supervising Attorney F.docxtamicawaysmith
2
M E M O R A N D U M
TO: Supervising Attorney
FROM: [Student name]
RE: LP Assignment
DATE:
FACTS: [Include the facts that are necessary to your answer. In most memos, the facts are written in chronological order.]
QUESTION/ISSUE: [You may have more than one QUESTION/ISSUE and ANSWER for an assignment.]
ANSWER: [Your answer should include one or more statements of law with BlueBook citations, an application or analysis of the law to the facts, and a conclusion. In other words, you are following the Legal Writing pattern IRAC: I (Issue), R (Rule), A (Application or Analysis), and C (Conclusion).]
*Use APA style formatting: 1-inch margins, Times New Roman size 12 font, double-space.
*Use Bluebook citation.
LP6 Assignment: Who Owns What?
A woman named Bonnie walks into your firm one day requesting help in a dispute over a property she purchased. The circumstances of the property are as follows:
Ponch owned Easy Acres, an undeveloped parcel of land located in Green. Ponch had always wanted to purchase a Tomahawk motorcycle, but the ones that were available for sale were always beyond his price range. But thanks to a significant increase in the value of the Easy Acres parcel, Ponch finally had the means to acquire his coveted motorcycle. Ponch gets a loan from his friend Jon, securing the loan with a mortgage on Easy Acres for $100,000. Jon forgets to record the mortgage.
Ponch subsequently sold Easy Acres to Grossman for $75,000 in cash and rode off to Arizona to live out his life-long dream of starring in television commercials as a mattress pitchman. Grossman recorded the deed of sale and immediately built a roller derby track on Easy Acres, which increased the value of the land to over $500,000.
Grossman sold the facility to Bonnie, a roller derby impresario and your client, for $600,000 in a duly recorded deed.
One day, Jon happened by Easy Acres and noticed the roller derby facility. He was unable to contact Ponch but located Bonnie, presented her with the mortgage documents, and demanded that Bonnie pay him his $100,000.
Bonnie needs help with the action Jon is threatening to bring for recovery of his $100,000. Your firm's partner asks you to help her craft her response to Bonnie.
In a 2-page double-spaced APA Style memorandum, explain what rights Grossman, and subsequently Bonnie, have with respect to Easy Acres and why. What rights does Jon have, and why?
NEEDS TO INCLUDE:
1) What rights did Grossman have with respect to the property, and subsequently, what rights does Bonnie have with respect to the property? Why?
2) What rights does Jon have with respect to the property? Why?
3) Some place in your memo, please state whether Bonnie has to pay Jon the $100,000.
HINT: The answers to these questions are found in Chapter 12, but the answers are not found in the section on Recording Statutes.
Criteria
1. Memorandum details the rights and interests of Bonnie in the property, and why.
2. Memorandum details the rig ...
Investing In Tax Deeds & Tax Lien Seminar For Lake Co Presentation UsedSandra Edmond
This is a brief presentation about how to buy property at 30-50% of the value through tax deed sales. We also covered how to invest in tax lien certificates for a 10-18% return on investment backed by the government and almost guaranteed within 2 years or less. Learn more at http://QueenOfTaxDeeds.com
This document provides information to home buyers about Houlihan Lawrence, a real estate company, and the home buying process. Houlihan Lawrence has over 1,200 agents serving the New York City suburbs and connects international buyers to homes across six continents. The document outlines factors for buyers to consider when looking for a home, common disclosures, the benefits of pre-approval, typical closing costs, how to make an offer, and what inspections are recommended.
The document provides information about new staff appointments and disciplinary actions at the Nevada Real Estate Division. It introduces Jason Wood as the new Deputy Administrator and describes his background. It also announces several new hires to positions in the Division and their offices. The document summarizes recent disciplinary actions and stipulations taken against licensees for various violations. It provides an article about short sales written by the Division's Chief Investigator, explaining the process.
The document provides information about summer day camps, fitness programs, and registration dates for the Chicago Park District. It also includes contact information for the park district and notices for an antique shop buying old items and a construction project in Lincoln Park that aims to prevent a rodent infestation during demolition of the former Children's Memorial Hospital site.
This document is an advisory for properties being sold by lenders after foreclosure. It summarizes exemptions and requirements for the seller. The seller is exempt from providing certain disclosures but is still required to disclose known material facts affecting the property's value. The seller must also disclose information about earthquake zones, smoke detectors, water heaters, and lead paint. The sale is not exempt from state requirements for carbon monoxide devices or tax withholding obligations. Brokers still have obligations to conduct inspections and provide agency disclosures.
Coast 2 Coast Lien Search and Mitigation Services provides municipal lien searches and mitigation services throughout Florida. They guarantee fast and accurate turnaround times on lien searches. If any issues are found, they will cover financial losses to ensure clients can close without delays. They have experience in the real estate industry and title searches to thoroughly research municipal issues that may affect property purchases.
Foreclosures and Short Sales November 2008BillMcMannis
This is my presentation I used in 2008 to train real estate agents in how to properly manage short sales. The material is a little out of date, but I believe is continues to give a concise overview of how the foreclosure process works in North Carolina.
Deferred indefeasibility and mortgage prioritiesRichard Saad
The document summarizes a presentation given by Simon about a recent court case, CIBC Mortgages Inc. v. Computershare Trust Company, that impacted mortgage priorities. The case involved a fraudulent discharge of a first mortgage by a borrower ("the Fraudster") that allowed them to take out new mortgages. The court ruled that the second mortgagee, CIBC, should have investigated the circumstances of the fraudulent discharge and therefore their mortgage was demoted to second priority, restoring the original first mortgage. This sets a precedent that lenders may not fully rely on land title records and raises questions about the level of diligence now required when granting mortgages.
The document discusses various types of mortgage fraud including:
- Puffing, where a seller lists a property for its real value but the buyer wants to purchase it for a higher inflated value.
- Investment straw buys, where borrowers are promised payment at closing in exchange for taking out fraudulent loans as part of an alleged investment scheme.
- Shot-gunning, where a perpetrator takes out multiple equity lines of credit on a property all at once without lenders knowing about prior liens.
- Foreclosure bail-outs, where a perpetrator promises to help a consumer in foreclosure but fraudulently resells the property without the consumer's knowledge.
1. The document discusses legal and policy issues surrounding vacant and blighted properties, specifically in Michigan. It outlines the tax foreclosure process in Michigan and the role of land banks in addressing abandoned properties. Land banks have powers under Michigan law to expedite the title clearing process for tax foreclosed properties in order to return them to productive use.
2. The document also discusses various grassroots organizations and programs in Michigan cities that are working to help residents impacted by tax foreclosure and vacant properties. However, large-scale efforts are still needed to address the huge scope of the problem, especially in older urban areas like Detroit.
3. Land banks created under the Michigan Land Bank Fast Track Act have the power to negotiate
The document provides guidance on important steps to take before, during, and after purchasing land or real property in Nigeria to secure one's interest and avoid future legal issues. It outlines key stages of the process including investigating the vendor's title, signing a contract of sale, further investigating title through searches and documentation, signing a deed of assignment, and finally perfecting the title through steps like obtaining governor's consent and registration. Taking all recommended steps is essential to ensure one has a legally secure interest in the purchased property.
This document discusses various topics related to documenting and registering property transactions including liens, encumbrances, deeds, and essential elements of contracts and deeds. It defines terms like liens, encumbrances, easements, deeds of sale, donation and exchange. It outlines elements required in contracts and deeds, and discusses special purpose deeds and preparing relevant documents.
The document discusses Century 21 Town & Country's system for quickly routing online property leads to agents via their mobile phones. It describes how LeadRouter matches leads to agents within 30 seconds and notifies them via phone, enabling agents to respond within minutes. It notes that this helps sell homes faster and for more money compared to the industry average of 54 hours for agents to respond to leads. It also discusses Century 21 Town & Country's mobile-responsive website and marketing plans to list and promote properties online and through multiple listing services.
James Metcalfe's November Real Estate UpdateJames Metcalfe
This month we saw a 6% rise in the average cost of homes in the GTA. Also we look at status certificates and some important tips on evaluating adjustable rate mortgages. The ever popular pearls of wisdom also return
This document provides information about a real estate pre-licensing course taught by Steve McTyeire. It outlines the topics that will be covered in each of the 4 sessions, including listing property, selling property, property management, settlements and transfers, financing, and professional responsibilities. It also provides details about the state licensing exam, including scheduling, fees, identification requirements, duration, and calculators. The remainder of the document gives sample questions and explanations that may be covered on the exam, focusing on legal descriptions, types of construction, ownership records, homeowners associations, brokerage fees, and other key real estate concepts.
The SVN® organization shares a portion of their new weekly listings via their SVN Live® Weekly Property Broadcast. Visit https://svn.com/svn-live/ if you would like to attend our weekly call, which we open up to the brokerage community.
Dholera Smart City Latest Development Status 2024.pdfShivgan Infratech
Explore the latest development status of Dholera Smart City in 2024. Discover the progress, infrastructure, and future plans of India's first greenfield smart city.
Stark Builders: Where Quality Meets Craftsmanship!shuilykhatunnil
At Stark Builders our vision is to redefine the renovation experience by combining both stunning design and high quality construction skills. We believe that by delivering both these key aspects together we are able to achieve incredible results for our clients and ensure every project reflects their vision and enhances their lifestyle.
Although we are not all related by blood we have created a team of highly professional and hardworking individuals who share the common goal of delivering beautiful and functional renovated spaces. Our tight nit team are able to work together in a way where we pour our passion into each and every project as we have a love for what we do. Building is our life.
The SVN® organization shares a portion of their new weekly listings via their SVN Live® Weekly Property Broadcast. Visit https://svn.com/svn-live/ if you would like to attend our weekly call, which we open up to the brokerage community.
BEST FARMLAND FOR SALE | FARM PLOTS NEAR BANGALORE | KANAKAPURA | CHICKKABALP...knox groups real estate
welcome to knox groups real estate company in Bangalore. best farm land for sale near Bangalore and madhugiri . Managed farmland near Kanakapura and Chickkabalapur get know more details about the projects .Knox groups is a leading real estate company dedicated to helping individuals and businesses navigate the dynamic real estate market. With our extensive knowledge, experience, and commitment to excellence, we deliver exceptional results for our clients. Discover the perfect foundation for your agricultural aspirations with KNOX Groups' prime farm lands. These aren't just plots; they're the fertile grounds where vibrant crops flourish, livestock thrives, and unique agricultural ventures come to life. At KNOX, we go beyond selling land we curate sustainable ecosystems, ensuring that your journey toward agricultural success is seamless and prosperous.
Living in an UBER World - June '24 Sales MeetingTom Blefko
June 2024 Lancaster County Sales Meeting for Berkshire Hathaway HomeServices Homesale Realty covering the following topics: 1. VA Suspends Buyer Agent Payment Plan (article), 2. Frequently Used Terms in title, 3. Zillow Showcase Overview, 4. QuickBuy commission promotion, 5. Documenting Cooperative Compensation, 6. NAR's Code of Ethics - Mass Media Solicitations, 7. Is it really cheaper to rent? 8. Do's and Don't's when Terminating the Agreement of Sale, 9. Living in an UBER World
AVRUPA KONUTLARI ESENTEPE - ENGLISH - Listing TurkeyListing Turkey
Looking for a new home in Istanbul? Look no further than Avrupa Konutlari Esentepe! Our beautifully designed homes provide the perfect blend of luxury and comfort, making them the perfect choice for anyone looking for a high-quality home in the city.
With a wide range of apartment types available, from 1+1 to 4+1, we have something to suit every need and budget. Each apartment is designed with attention to detail and features spacious and bright living areas, making them the perfect place to relax and unwind after a long day.
One of the things that sets Avrupa Konutlari Esentepe apart from other developments is our focus on creating a community that is both comfortable and convenient. Our homes are surrounded by lush green spaces, perfect for enjoying a peaceful stroll or having a picnic with friends and family. Additionally, our complex includes a variety of social and recreational amenities, such as swimming pools, sports fields, and playgrounds, making it easy for residents to stay active and socialize with their neighbors.
https://listingturkey.com/property/avrupa-konutlari-esentepe/
Deed 3754 S Honeysuckle Mesa AZ 85212 owner Shawn Freeman - Pamela Brown Nota...
Vacant property acquisition
1. 3 Methods to Acquiring Vacant
Property in New Orleans
Beacon of Hope Tutorial Series *
2. 3 Methods to Acquire Vacant Property
• Code Lien Foreclosure- City of New Orleans
• New Orleans Redevelopment Authority
(NORA) Auction
• Tax Sale- City of New Orleans
3. 1st Method of Vacant Property Acquisition (slides from Tyler
Gray, City Attorney’s office)
CODE LIEN FORECLOSURE
4. Sheriff Sales
City of New Orleans
City Attorney’s Office
February 7, 2012
5. What Seizures Do
Transfers the debtor’s ownership interest
Wipes out the debtor’s inferior liens
“Clear Title”
Pays off the debtor’s superior liens.
6. Types of Seizure
Writs of Sale and Seizure are almost always foreclosures
on mortgages
If a Bank or Mortgage Company’s name appears first in
the title of a case, it is almost always a foreclosure on a
mortgage.
If “City of New Orleans” appears in the title of a
case, then is a City sale of blighted property
7. Writ of Fieri Facias v. Seize and Sell
Money Judgment
Mortgage/Security Interest
Failed mortgages generally have title insurance.
A Bank or Mortgage Company is usually the Plaintiff in Seizure
Sales. (Read the title of the case)
8. City of New Orleans Blighted Property
Sales Under Writs of FiFa
Blight is legal determination pursuant to Louisiana
Revised Statute 13:2575
Administrative Hearings – Blight/Public Nuisance
The New Orleans Code, Chapter 28, Sections 28-7, 28-39 et
seq., and 6-41
Code Enforcement and Hearings Bureau (504) 658-4301
www.nola.gov
Click Residents
Click Code Enforcement
http://www.nola.gov/RESIDENTS/Code%20Enforcement/
Law that allows the City can seize and sell property
pursuant to R.S. 13:2576(A)(1)(a)(i).
9. City of New Orleans Sheriff Sale Process
Applies only to Unoccupied Property
Chapter 28 of the New Orleans Code at Section 28-6
Minimum standards for unoccupied property
Section 28-6 to Section 28-36
Blight/Public Nuisance is a legal determination
Section 28-37 Allowing a public nuisance
Section 28-38 Allowing a blighted property
Administrative Judgment
30 day appeal period (Sec. 6-41)
Judgment recorded in mortgages (Sec. 6-39(a))
Daily fines accrue for 30 Days
10. Administrative
Judgment
Example of a Judgment
Address
Property Description
Violation Address
Mailing Address
Owner
Administrative Hearing
Officer
One Time Fine
Daily Fines
Judgment Rendered
Judgment Signed
11. Sheriff Sale Process Continued. . .
City directs Sheriff to seize and sell property
Writ of Fieri Facias (Fifa)
Filed in Civil District Court
Set the property for sale
send deputy for service
Unable to locate Defendant/Owner
Appoint a curator under La. CCP 2293
Reset the sale of the property
12. Sales
First Sale
With appraisal – two-thirds of that appraisal (La. CCP 2336)
UNLESS debt (taxes and liens) exceed the two-thirds
appraised value (La. CCP 2338)
Property Sold
City
Granted first lien privilege pursuant to R.S. 9:4821(1)
Mortgage Holders
Section 28-58, La. CCP 2373
Original Owner
Remaining proceeds – Section 28-58
13. Second Sales
Property not sold at First Auction
Put up a Second time
Sold at price sufficient to cover outstanding liens, real estate
taxes and other debts owed to the City
La. CCP 2336, 38
14. How do I stop the Sheriff Sale Process?
Two Options:
1. Pay the outstanding the debt owed to the City of New
Orleans
1. Contact: Lula Lowe or Ursula Frank in Code Enforcement
1. Payment in Treasury goes to Code Enforcement Liens BEFORE
paying the taxes
1. Section 6-39(b)
2. Renovate the property and apply for a lien waiver
1. Criteria:
1. Property Renovated
2. Significant Hardship
3. Enrolled in a State Program
4. Available only to the owner of the property
15. Progress
The City filed 60 writs every two weeks for 2011.
Blightstat, City Hall, 8th Floor, Homeland Security Room 8 AM
Monthly Meetings, Feb. 9th, 2012 – next meeting
Blightstat reports available on Office of Performance and Accountability
Website
www.nola.gov
Click “Chief Administrative Office”
Click “Office of Performance and Accountability”
www.nola.gov/government/Chief-Administrative-Office/Office-of-
Performance-and-Accountability
October 17, 2010 – Dec. 31, 2011, 1003 writs filed
We have started filing writs again for 2012, Approximately 50 to date
We are in the process of scheduling properties for the month
of April of 2012.
Next blighted property sales: Feb. 18, Feb. 16, Feb. 23, Mar. 6, Mar. 8
16. Issues
Title Issues
“Fractured Heirship”
Recordation Date of Judgment
Owner sells property after found blighted
Banks
Recordation Date of their foreclosure
La. R.S. 13:3888
Acquisitive Prescription
La. R.S. 9:5633
17. Sheriff’s policies and procedures for regular auctions
apply to blighted property sales.
Information Sources:
data.nola.gov
www.nolaassessor.com
www.civilsheriff.com
Additional Information: Please contact or e-mail our
Blighted Property Specialists:
Tyler P. Gray, 504-658-4380 or tpgray@nola.gov
Miles L. Granderson, 504-658-4380 or mlgranderson@nola.gov
Orleans Parish Sheriff’s Office, Real Estate, 504-679-6380
18. Bidding Process on City Blight and Seizure Cases
Sheriff Sales require 10% down at auction,
Must have in the courthouse at the time of the auction
If don’t have it, then property re-offered and not allowed to bid
pay the remaining balance within 30 days.
Cash or Cashier’s Check is required-No personal
checks or corporate checks.
19. Tax Sales Distinguished
Orleans Parish- City conducts its own tax sale.
3 year redemption period
Creates liability for tax purchaser.
Suit to quiet title must be filed to gain clear title.
With all Sheriff Sales (including city blight
sales), there is no redemption period. A deed will be
given to the successful bidder upon payment of the
full auction bid.
21. 2nd Method of Vacant Property Acquisition
NEW ORLEANS
REDEVELOPMENT AUTHORITY
22. New Orleans Redevelopment Authority (NORA)
3 Ways to Acquire Property from NORA
• Live Auction- in person or online
– Individual who plans to owner occupy or Developer
• Lot Next Door
– Adjacent Property Owner
• Community Use
– Neighborhood Association, Community Groups, &
Nonprofits
23. NORA Auction
What is it?
• NORA has an inventory of properties that
they auction in phases
• Nearly 4000 properties that NORA is
tasked with disposing of were acquired
from Road Home buyouts
24. NORA Auction
Day of Auction After Auction
• Live Auction-in • Pay all funds within
person or online 30 Days
• Bids start at $1000 • Begin Rehab/
• 10% Down payment Construction within
• $500 certified 1yr
funds • Receive Insurable
Title
25. NORA Auction- Gilmore Auction
Gilmore Hosts
Auction
•Go to Gilmore’s
website for
location, time, and
additional
information
http://gilmoreauction.com/
26. NORA Auction- Map BOH’s Website
Receive Info
from BOH
•Go to Beacon of
Hope’s website to see
latest NORA auction
map
•Join Beacon of Hope’s
newsletter to receive
NORA auction updates
http://www.beaconofhopenola.org/maps
27. NORA- Lot Next Door
Contact a NORA
Representative
•Adjacent Owner has
first right of refusal
•Build a house or keep
as a side yard
Side Yard
•Growing Home
Program-
Receive up to
$10,000 for
qualified expenses
28. NORA- Community Use
Contact a NORA
Representative
•Decide on a project-
community garden,
orchard, or even
rainwater mitigation
•Secure funding for
insurance- If you plan
on implementing a
community garden
call Parkway Partners
•Sign a lease with
NORA
30. Tax Sale
What is it?
A tax title sale is the sale of properties that have
delinquent taxes due and owing the political
subdivision. These properties are sold to the public
for the amount of delinquent taxes due, plus any
accrued interest, penalties, costs and other
statutory impositions.
More Information
Read Civic Source’s Process Guide on their
website before starting the process
http://www.civicsource.com/content/taxtitlesaleguide
31. Tax Sale- Why Purchase a Tax Title
• Investment- If the property is redeemed, the
owner pays the purchase price, a 5% penalty, and
1% per month
• Acquire Ownership after the Redemption
Period- the owner has 3 years (18 months if
blighted) to pay the back taxes, penalties, and
interest
• Improve your quality of life- Neighbors or
community groups can reduce blight in the
short term and have an area after quieting title
32. Tax Sale- BOH Map
Find a Property
and Research
•Once a year the City
conducts a tax sale
through Civic Source.
•Go to Beacon of
Hope’s website to
view tax sale
properties in you
neighborhood.
•Research property to Click on the link to go directly to Civic
see if it has other Source’s website
judgments against
it, i.e., code liens. http://www.beaconofhopenola.org/maps
33. Tax Sale- Process
Civic Source
•Create an account
•Find a property
•Bid on a property- Be
aware of the
percentage bid
•Pay through Civic
Source
http://www.civicsource.com
34. Tax Sale- Process
After Purchase
•Pay taxes for 3 years
•Notice the Owner
•Maintain Property
•Quiet Title
You should obtain
legal advice as to your
rights and obligations
Maintaining the Property
as a tax sale Pursuant to La. R.S. 47:2158, the tax sale purchaser shall have a privilege
purchaser. on the property for the costs of complying with the order of the political
subdivision. To preserve this privilege, the purchaser shall file the writ of
possession with the recorder of mortgages of the parish in which the
property is located within fifteen days after its issuance.
35. Tax Sale- Reasons for Concern
• Zero return on investment- Owner might
not redeem the property
• 3 year redemptive period- It may be too
long to wait
• Cost of Maintaining Property- If it is a
structure, the cost of maintaining the property
may exceed budget. Difficult to recover funds
spent on repairing home
• Uninsurable Title- Title insurance (required
by banks) may be difficult to obtain
36. Tax Sale- Concerns Addressed
• Avoid buying a tax sale with a structure
on the property
• Have a plan in place if you acquire the
property in 3 years- Side yard or community
space
• Maintain Property to avoid fines- Code
liens will add to the cost of the tax sale
37. Tax Sale- A Tool to Improve Quality of Life
Ideal Situation
• Purchaser
Adjoining Owner or
Community Group
• Property Condition
Purchase and keep as
a vacant lot
• Total Cost in 3
yrs
Purchase when cost is
reasonable (less than
the value of the lot)