How Residential TIF Financing Can Save Baltimore's Neighborhoods

Wednesday, April 27

The Devil is Always in the Details. The question of why developers don’t rehab houses in transitional areas has a very simple answer – but it is not the answer that you think. Frequently tossed around, but wrong, answers include fear of crime and theft. In our experience of renovating...

Anatomy of a Fraud - 1314 W Lafayette Ave

Wednesday, April 27

Long story short: Two guys bought a house from an estate for $1K in 2006 and sold it to a woman for $29K in 2007. The woman got a renovation loan from K Bank for $156K. Then she sold it to one of the original guys who she bought it from for $258K in 2008. The guy got foreclosed on and the bank to...