ownership

Foreclosures

Foreclosures, Census Data, and Tough Times for Real Estate Agents

by Joshua Dorkin | October 3, 2006

It looks like pending foreclosures from adjustable rate mortgages are affecting lower income people more then the rich, explains Al Tompkins at Poynter Online. Tompkins looks at recent stories in the St. Petersburg Times (Florida) and Winston-Salem Journal (N.C.) which illustrate this quite clearly. Black homeownership is falling in Louisville, Kentucky according the the US [...]

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Real Estate Tips

Real Estate Vocabulary: Adverse Posession

by Joshua Dorkin | September 25, 2006

Adverse posession is a method of acquiring the title to someone else’s property by occupying the property against the rightful owner’s rights. NOTE: Adverse posession cannot occur on publicly owned (government) land. According to Wikipedia, “Adverse possession requires the actual, visible, hostile, notorious, exclusive, and continuous possession of the property, and some jurisdictions further require [...]

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