Archive for October, 2007

Opportunity knocks at auction of foreclosed properties

More than 300 houses or apartments on sale
In a down real estate market, they came to buy. They came early, they came in numbers and they came with bank checks for $5,000 that were their tickets to bid.

GMAC Financial Services and ResCap Announce Restructuring of Mortgage Operations

Fourth-Quarter Restructuring Charge Expected
MINNEAPOLIS, Oct. 17 /PRNewswire/ — GMAC Financial Services today announced it is restructuring its mortgage operations, Residential Capital, LLC (ResCap), as severe weakness in the housing market and mortgage industry continues to prevail. ResCap will streamline its operations and revise its cost structure, which will enhance its flexibility, allowing it to scale […]

Homeowners property tax refund

Minnesota has two property tax refund programs for homeowners: the regular property tax refund and the special property tax refund. You may be eligible for one or both, depending on your income and the size of your property tax bill. Use this information to help determine if you qualify and, if so, how to claim […]

Higher Ed to offer real estate courses

Cook County Higher Education will offer courses for property owners through a Real Estate Continuing Education, Land and Property Development series.