Real Estate Information


What Homeowners Should Know to Stop Foreclosure- Speaking Your Lenders Language


Financial literacy is the means of empowering consumers to make informed financial decisions through exposure to accurate and timely information. In no other area is the void of accurate information more evident that in the area of foreclosure.

The national foreclosure rate is at the highest level since the Great Depression. Families fall behind on the mortgage payments because of illness, job layoffs, business failure, divorce and marital problems, and bad money management decisions. Foreclosure and the loss of the home is the usual result. Foreclosure is financially and psychologically devastating to the stability of the household.

This article provides information to expose homeowners to the financial principles of loss mitigation. Loss mitigation is essential to asset protection because it provides the borrower with information necessary to make good decisions. Learning the programs or "tools" available as an alternative to foreclosure is the key to preserving home ownership.

For example, If I told you that the mortgage servicing industry reports average loss of $20,000 to $30,000 per foreclosure, then you may be inclined to believe that foreclosure is not an efficient and cost effective means of collections for the lender. According to Vic Draper, President of Universal Default Services, "33% of all mortgage defaults that go to REO never made contact with the borrower!" The lender does not want your home and will work out a financial alternative if you speak their language.

LOSS MITIGATION TOOLS

A homeowner should know and understand options available during times of crisis. It makes the difference in gaining ground in challenging situations. A point well presented by Gerry Spence, legendary attorney and best selling author of "How to Argue and Win Every Time," a book I first bought as a young attorney and have since read numerous times. Spence stresses that you cannot make the winning argument if you are speaking English and the other person is speaking French. Parlez-vous Francais?

The following financial tools act as a safety net that allows for a quicker recovery. The Department of Housing and Urban Development (HUD) has been instrumental in establishing guidelines to assist homeowners experiencing financial hardships. The goal is to offer financial alternatives to foreclosure, while allowing lenders to make determinations based on certain risk criteria. Lenders also benefit from the prevention of losses due to foreclosure sales. Without these programs, millions of people would lose homes each year.

FORBEARANCE PLAN

Immediately contact the lender to report a temporary loss or reduction in income and signup for a forbearance. A forbearance plan is designed to bring payments current over a period of time by paying a full payment each month, plus a partial payment on the delinquent amount. An initial down payment is required. Most lenders have a forbearance program. However, you must be diligent in requesting forbearance even if it means speaking with a manager with authority to approve the plan. Request that the approval be sent to you in writing.

Affordability

An important subsection in acceptance of forbearance is the probability of successfully completing the plan. It is easy to agree to any repayment plan when desperately trying to stop foreclosure. You will be happy to stop the process by any means necessary.

I have had clients who agreed to ridiculous repayment plans that they obviously did not have the income to cover. In some cases, it appeared that the lender pulled numbers out of the sky without gathering information on the homeowner's ability to repay. This is poor mitigation technique that will normally count against the client as a broken promise to pay and often leads to the decision to sell the property rather than take additional risk with the homeowner.

During the early part of 2004, a prospective client contacted Save Your Home two days before his home was scheduled for sale. Despite time limitations, we had a very good relationship with this particular lender and agreed to intervene on the homeowner's behalf.

He had $8,000 to use as a down payment to stop the sale but the lender refused to accept it because a forbearance plan had been put in place three months earlier in which our client had paid a $6,500 down payment, but failed to make the subsequent payments under the terms of the agreement. This made him a bad risk for reinstatement and foreclosure seemed the most prudent financial decision for the lender to recover its arrearage.

However, the truth of the matter was the homeowner agreed to a plan that he could not afford to pay. It was not a good plan because it was based on a higher monthly income due to miscalculations where a quarterly bonus should have appeared on the financial status report. His monthly income had been overstated by $600 per month. When it was time to make the other payments, he was rich on paper but was cash poor. He did not have the income and as a result violated the repayment plan.

We convinced the lender to take another look at the numbers. In the end, the lender accepted a $2,500 down payment and modified the terms of the loan. The client was able to keep his home because he correctly reported his income to the lender. Make sure that you report your income accurately so that you can afford the repayment plan offered to you.

LOAN MODIFICATION

When the financial loss is due to an illness, death or loss of a spouse, or unexpected increase in expenses, (e.g. tax levy, sick child, or other permanent hardships), talk to the lender about a loan modification. A loan modification changes the terms of the loan to lower the payments. Documentation of the hardship will be necessary. Loan modifications are granted frequently. Still, you must aggressively negotiate with the lender. Refer to examples in case study.

REVERSE MORTGAGES

This is a type of home equity loan that allows you to convert some of the equity into cash while retaining ownership. If you are 62 or older and are "house-rich and "cash-poor," a reverse mortgage is an option to consider. Consult with your family, attorney, or financial advisor before applying for a reverse mortgage. Knowing your rights and responsibilities as a borrower may help to minimize financial risks and the threat of foreclosure.

DEED IN LIEU OF FORECLOSURE

If turning over the home is an option, contact the lender to voluntary release the deed to the property with the stipulation that the lender agrees not to start or complete foreclosure proceedings. Many lenders will agree to this arrangement since it gives them possession of the property minus exorbitant legal fees and court costs. Further, request that the lender remove some or all of the missed payment reports to the credit bureau. If not, threaten to file bankruptcy or to fight to keep the home. Get all agreements in writing on company letterhead.

PARTIAL CLAIM

A partial claim is an interest free loan available on FHA/HUD loans. To qualify, a loan must be at least 4 months delinquent but not more than 12 months. If approved, the partial claim is repaid after the first loan has been paid in full.

SHORT REFINANCE The area of loss mitigation is always changing in order to address new challenges within the economy. Because of a tremendous loss of jobs in some areas, property values have steadily declined.

A new loss mitigation tool that some innovative lenders are using to address the new economy is called the short refinance. Remember that refinancing out of foreclosure is extremely difficult because of loan to value restrictions that may not be sufficient to pay off the existing mortgage and cover closing costs.

If the property value has decreased, certain lenders and investors may be willing to accept less money. You must agree to an in home inspection and provide the normal loss mitigation package for approval. The lender closes a new mortgage loan to pay off the mortgage that is in foreclosure. If you have a second mortgage lien, this lien holder is not included in this deal and will still have the same loan amount.

SHORT SALE Lenders are in the business of lending money not owning houses. The lender will allow you to sell the home to someone and accept far less than what you currently owe on the mortgage. This is also called a short payoff because the lender agrees to cancel the note and mortgage as a lien on the home. The lender may want to perform an in home inspection to determine the property's condition and value. Cooperation with this request by allowing access

All of these programs may not be right for everyone so you must evaluate your situation to decide which one will benefit you the most. For more information, visit www.syhuniversity.com for a free copy of the loss mitigation book, How to Save Your Home.

Herbert Addison, JD is a former consumer law attorney and is President of Save Your Home, Inc., a nationally acclaimed loss mitigation firm located in Columbia, South Carolina. Mr. Addison and Michael Taylor, Sr. are co-authors of the book, How to Save Your Home, that teaches homeowners how to properly negotiate foreclosure alternatives with mortgage lenders. Mr. Addison has also been published in Service Managment, the leading default management magazine to the mortgag servicing industry. He can be reached at 877-212-1880. His business websites include http://www.syhuniversity.com; http://www.contacttheexpert.com and http://www.saveyourhome.info Email: taddison@saveyourhome.info.


MORE RESOURCES:
Full-Time MBA Careers: Real Estate  Stephen M. Ross School of Business

See how the Michigan Ross Full-Time MBA program will prepare you for a career in real estate.


Erie County Real Estate Transactions  Buffalo News

Following are real estate transactions over $5000 as listed in records of the Erie County clerk's office for the week ending Jan. 11. AKRON • 28 Marshall A…


Real estate investor finds booby-trapped staircase  Atlanta Journal Constitution

A group of Philadelphia real estate investors avoided more than a money pit when one of their proper...


Real estate | Real Estate Records | journalstar.com  Lincoln Journal Star

Waterford Estates LLC to Great Plains Custom Homes LLC, 10220 St.arlight Bay, $115000.


Notable Women in Real Estate 2019  Crain's Detroit Business

Crain's Notable Women in Real Estate have brokered some of the region's biggest deals, financed major projects, grown portfolios and changed the face of ...


Massachusetts real estate transactions: Hampden, Hampshire and Franklin counties, Feb. 17, 2019  MassLive.com

Here are deeds recorded in the Pioneer Valley, published in the Sunday Republican for the week ending Feb. 17, 2019.


UK tightens scrutiny of real estate funds after heavy withdrawals ahead of Brexit  The Real Deal

A UK government agency asked real estate investment funds for daily liquidity reports after their investors withdrew hundreds of millions of pounds amid anxiety ...


8 Times Real Estate Was The Best Matchmaker Of All  Forbes

How real estate led to true love over furniture, closing deals and strategic cocktail parties.


A Quick Guide to Using Hashtags in Real Estate Social Media |  RisMedia.com

If you're already marketing your real estate business on social media, then you know how important hashtags are, especially when marketing to millennials.


Real Estate Briefs  Naples Daily News

How to organize your @home office class. Naples' PREMIER Professional Organizer and Naples Daily News Get Organized columnist Marla Ottenstein will be ...


LAX-Adjacent Ghost Town Now ‘Priceless Coastal Real Estate’ for Rare Owls  KTLA Los Angeles

When the Los Angeles beachfront community of Surfridge disappeared decades ago to make way for the jet age, nature was slow to reclaim the sandy dunes ...


Real Estate Transfers: Reported Feb. 17, 2019  Herald-Whig

Real estate transfers recorded in the office of Adams County Clerk and recorder. Quincy Area. McDermott Enterprises LLC, property in Quincy, to Alex Stinnett.


How much? Chemung County real estate transactions  Elmira Star-Gazette

Real estate transactions for Nov. 25 through Dec. 1.


How much? Tompkins County real estate transactions  Ithaca Journal

Real estate transactions for Nov. 25 through Dec. 1.


Dividend Increases: February 11-15, 2019 (Part 1: Information Technology, Real Estate, And Financials Sectors)  Seeking Alpha

I monitor dividend increases of stocks to identify candidates for further analysis and to update my portfolio's projected annual dividend income. Part 1 of this.


Real estate transactions for Feb. 17, 2019 | Realty Transfers  Roanoke Times

Roanoke. Over $300,000. 2482 Patterson LLC to Tremont VA LLC, 2482 Patterson Ave. Roanoke VA 24016, $962,500 02/01/2019.


Montgomery County real estate briefs: Week of Feb. 17  Montgomery Newspapers

February is the month of love, and the Montgomery County Association of Realtors (MCAR) is celebrating with its first-ever “I Love My Pet” photo contest, with all ...


La Crosse County real estate transfers for Sunday, Feb. 17, 2019  La Crosse Tribune

The following are real estate transfers filed in La Crosse County. By law, some transfers are exempt from transfer fees; these properties are listed without prices.


Signs that China's real-estate bubble will burst and take the economy with it  Boing Boing

China's real-estate bubble is the largest in human history, and despite years of warning signs, it has grown and grown, spilling over into the rest of the world.


2019 In Real Estate: Bursting Bubbles Or Best-In-Class?  Forbes

The U.S. real estate market took years to recover from the shock of the 2008 financial crisis. Though observers were pleased with the market in 2017 for the first ...


Real-Estate Deals Targeted Again in Renewed Russia Sanctions Bill  Wall Street Journal

A bipartisan group of U.S. senators reintroduced sanctions legislation this week targeting Russia that also includes a provision tackling money laundering in ...


Braidy CEO: Oaks Golf property purchased for real estate project  The Independent

FLATWOODS Braidy Industries Chief Executive Officer Craig Bouchard has announced the purchase of the Oaks Golf Course property in Flatwoods as part of a ...


Real estate brokers were banking on the 'Amazon Effect.' Their bubble just burst  CNN

(CNN Business) Amazon's sudden decision to cancel its HQ2 plans for Long Island City has dealt a big blow to the area's real estate agents, who were seeing ...


Notable Women in Real Estate - Elizabeth Carlson McCririe  Crain's Detroit Business

Elizabeth Carlson McCririe knows how to differentiate motion and results. She is responsible for Beztak Properties' entire management division, including ...


Top D-FW commercial real estate transactions for week of Feb. 15 include Greystone, Greysteel, JLL  Dallas News

Chicago-based investor Pearlmark has purchased Pleasant Creek, a 159-unit apartment property located on Pleasant Run Road in Lancaster. The apartment ...


Montreal’s Real-Estate Market Is About to Eclipse Vancouver’s  Bloomberg

Vancouver is on pace to lose its status as Canada's second largest housing market to Montreal.


The Upside of a Global Downturn? Juicy Real Estate Deals  Bloomberg

To lure house hunters, sellers of high-end homes are slashing prices by as much as 30 percent. Many metro areas are succumbing to downward pressure from ...


Commercial real estate transactions from The Oklahoman for Saturday, Feb. 16, 2019  NewsOK.com

Price Edwards & Co. reports these real estate transactions: • El Rancho Niejo, LLC paid $267500 to Miles Thomas Millwork Inc. for 3.33 acre at 11035 NE 23, ...


Wild real estate projects that were abandoned  Business Insider

From a UFO-shaped resort to a community of 300 mini castles, these are the most bizarre real estate projects that were never opened to the public.


With Amazon HQ2 deal dead, what’s next for Long Island City real estate?  Curbed NY

When Amazon announced in November that it would bring half of its second North American headquarters, colloquially referred to as HQ2, to New York City, ...


Mike Cote's Business Editor's Notebook: Hot commercial real estate market has companies angling for space  The Union Leader

*Fresh* off their 2018 championship, the Boston Red Sox are once again the best bet to win the World Series in 2019.


Real Estate Happenings | Real Estate  Charleston Post Courier

Real estate career night. WHAT: Networking with other Realtors. Open to seasoned real estate professionals, new agents and those interested in a career in real ...


Real-estate report: Tips can help when repainting a room  The Columbus Dispatch

Big-box retailer Menards is offering tips for do-it-yourself painters hoping to achieve a professional look when repainting a room.• Prepare the walls by lightly ...


Real estate surge: Home sales in Acadiana had their best year ever in 2018  The Advocate

It didn't take long for Adam Constantin and his new wife, Megan, to start looking for a home after they were married in September.


Recent Commercial Real Estate Transactions  The New York Times

$14.975 MILLION. 127 East 69th Street (between Park and Lexington Avenues). Manhattan. This 22-foot-wide five-story mixed-use townhouse, built in 1872 as ...


Google reaped millions in tax breaks as it secretly expanded its real estate footprint across the U.S.  The Washington Post

Last May, officials in Midlothian, Tex., a city near Dallas, approved more than $10 million in tax breaks for a huge, mysterious new development across from a ...


Here's how Long Island City real estate could be impacted by Amazon  CNBC

Amazon has canceled plans for its Long Island City headquarters. CNBC's Diana Olick reports on the before and after impact on the real estate market.


Real-Estate Matters: Avenues exist for fixing faulty smoke detectors  The Columbus Dispatch

Q: I bought a house last year and had it remodeled. I have a home-warranty plan. The detectors in my home were very old and needed to be replaced. The home ...


Howard Hanna IV discusses Buffalo real estate - Buffalo Business First  Buffalo Business First

Howard Hanna IV, president of Howard Hanna Real Estate Services Inc., has a very realistic view of the Buffalo Niagara residential real estate market.


The 4 Stages of the Self-Storage Real Estate Cycle and How They Affect Your Options to Buy and Sell  Inside Self-Storage

Learn about the four stages of the real estate cycle and how it can affect your decision to buy or sell a self-storage facility.


How Amazon's decision to abandon New York affects real estate market  CNBC

CNBC's Robert Frank reports on how Amazon's decision not to follow through with its headquarter plans in New York City has affected the real estate market in ...


How to Invest in Mortgage REITs in 2019 | Real Estate Investments  U.S News & World Report Money

When mortgage interest rates go up, it's not just bad news for borrowers. It's also usually unwelcome news for people who invest in mortgage-focused real estate ...


Where Real Estate Investors Should Look In 2019  Forbes

Real estate professionals — and flippers in particular — spend a great deal of time analyzing the markets, but the only thing we really need to know is which way ...


REAL ESTATE TRANSACTIONS  Northwest Arkansas Democrat-Gazette

Pulaski County real estate transactions of $150000 or more; deeds recorded Jan. 14-18:


Rochester real estate market has calmed, but remains tight  PostBulletin.com

Real estate in Southern Minnesota took a wild ride in 2018, with a hot start followed by some cooling by year's end.


Booby-Trapped Stairway Shocks Real Estate Investors in Southwest Philadelphia  NBC 10 Philadelphia

A team of Philadelphia real estate investors was lucky to avoid what could have been a tragedy after coming across a stairway booby-trapped with a swinging ...


Pennsylvania Real Estate (PEI) Q4 FFO and Revenues Miss Estimates  Yahoo Finance

Pennsylvania Real Estate (PEI) came out with quarterly funds from operations (FFO) of $0.52 per share, missing the Zacks Consensus Estimate of $0.54 per ...


MIDEAST STOCKS-Robust company results boost sluggish Gulf real estate  Reuters

Gulf markets rose in early trade on Sunday on the back of positive company results at the end of last week and they were also supported by a rally in global stock ...


Some Real Estate Agents Taking Up Arms  WJLA

WASHINGTON (SBG) -- Realtors often go into houses they don't know, with people they've just met. Safety efforts have become a real focus, but the potential for ...


Real estate briefs from The Oklahoman for Saturday, Feb. 16, 2019  NewsOK.com

This year's Symphony Show House selected The former Sunbeam Family Services property at 616 NW 21, renovated into apartments by Marva Ellard's ...


Inland Real Estate Income Trust, Inc. Outlines Strategic Plan for Future Liquidity  Business Wire

Inland Real Estate Income Trust, Inc. announced a long-term strategic plan to move toward a liquidity event.


Real estate landscape to be explored  Arab News

Informa Middle East, organizer of the Cityscape portfolio of events, will roll out a trio of back-to-back events across Egypt, Saudi Arabia and the UAE between ...


Google will spend $13 billion on U.S. real estate in 2019, expanding into Nevada, Ohio, Texas and Nebraska  CNBC

Google will expand into Nevada, Ohio, Texas and Nebraska for the first time, adding new data centers in those states and offices elsewhere.


Baird & Warner CEO advises agents to be frank with sellers on North Shore price weakness  Crain's Chicago Business

In a new video, the head of Baird & Warner urges people at his firm to be upfront about a decade-long trend.


Private Equity Likes the Look of Blackstone's Real Estate Model  Bloomberg

The investment giant turned to real estate, a market flush with deal flow and liquidity, and others are following.


2019 Real Estate Market- Predictions & How to Prepare for All Changes  WGN Radio - Chicago

Market Overdrive is BACK with Joel Schaub, Matt Laricy, Courtney Jones, & Mike Drayton Page to discuss what's in store this year for real estate! Should you ...


West Coast real estate is now so expensive that married couples are moving in with multiple roommates  MarketWatch

The number of married couples living with roommates has doubled since 1995, new report finds.


Swiss Company is Making Fractional Ownership of Real Estate Possible  BlockPublisher

Due to highly illiquid nature, investing in real estate can be tricky and requires a lot of wealth, that drastically cut-shorts the number of investors in this particular ...


NYC hedge-fund managers and Silicon Valley CEOs are flocking to Miami as 'tax refugees,' and it's sparking record, ultra-luxury real-estate sales in the area  Business Insider

Tech CEOs and hedge-fund managers are fleeing to Miami, where a top broker is seeing 'record sales' of multimillion-dollar, ultra-luxury homes.


Know Jersey Finances: How much are property taxes affecting the real estate market?  NJTV News

I can't tell you how many times I've heard someone mention that they are thinking about leaving New Jersey because of their high property taxes. At the same ...


Two new agents join Charleston Metro Homes Real Estate  Moultrie News

Shannon Siegel relocated from the Los Angeles area to the Charleston area in 2016 as a blessed result of her husband accepting a Boeing transfer; however, ...


An ultimate guide to investing in real estate  Business MattersBusiness Matters

A manual for real estate investing can give insight. This guide contains relevant data to enable you to assess opportunities.


Real Estate Is The New Gateway To The Ivy League For International Parents  Forbes

Gaining admission to the nation's most elite universities is only growing more competitive, as the number of qualified applicants, and the number of schools ...


Shorter high-speed rail dashes hopes of a real estate boom for Bakersfield  Bakersfield Now

BAKERSFIELD, Calif. (KBAK/KBFX) - Bakersfield was positioned to be the midway point on the high-speed rail route from San Francisco to Los Angeles. But the ...


Argent Trust Co Sells 157 Shares of iShares US Real Estate ETF (IYR)  Fairfield Current

Argent Trust Co lowered its stake in iShares US Real Estate ETF (NYSEARCA:IYR) by 4.7% during the 4th quarter, according to its most recent filing with the ...


Right of first refusal ordinance brings complexities  Colorado Real Estate Journal

The ordinance creates many challenges for owners attempting to sell their property if the property is subject to the ordinance.


5 Reasons Why Real Estate ETFs Are Rock-Solid Now  Yahoo Finance

Real Estate ETFs are near a 52-week high. Let's see why.


How Redefy Is Disrupting the Real Estate Market  Bloomberg

Chris Rediger, Redefy chief executive officer, explains how the company is disrupting the real-estate market and discusses the future of home buying with ...


NorthWest Healthcare Properties Real Estate Investment Trust Announces $125 Million Bought Deal of Trust Units  GlobeNewswire

TORONTO, Feb. 14, 2019 (GLOBE NEWSWIRE) -- NorthWest Healthcare Properties Real Estate Investment Trust (“NorthWest” or the “REIT”) (TSX: NWH.


Cost of Growth: Real estate battle in downtown Asheville  WLOS

A downtown Asheville restaurant owner is in a legal battle with his landlord over rising rent. Mile Chen, owner of Champa Asian and Sushi Bar, at 3 Biltmore ...


Mardi Gras – aka selling season – hits New Orleans  The Real Deal

Carnival season in New Orleans is here, which means it's selling season for real estate agents.


DeKalb housing group sells affordable rentals to real estate company  Atlanta Journal Constitution

The Housing Development Corporation of DeKalb County sold 72 homes scattered across Decatur, Tucker and Stone Mountain to an Atlanta-based real estate ...


Commercial real estate market red-hot in Orange  Times Herald-Record

Orange County's industrial-commercial real estate market is on fire, with a vacancy rate that fell to 2.6 percent in 2018 from 3.3 percent in 2017 and 15.7 percent ...


Picking a real estate agent? Do it on your terms, and be sure to learn theirs.  Washington Post

Before you sign a listing agreement, here's some legalese you'll want to know.


Investors brace for sobering outlook from landlords, real estate  Sydney Morning Herald

Investors will get a glimpse into the perilous housing and retail markets this week when major landlords and property specialists report their December half ...


Real-estate websites want to buy straight from homeowners  The Gazette

Less than 24 hours after receiving a flyer from real estate company Opendoor, Steven Drowlette of Winter Garden, Fla., was online filling out questions about ...


Tucson Real Estate: Commercial center in Foothills to be redeveloped, get 2nd floor  Arizona Daily Star

Gallery Row, at Skyline Drive and Campbell Avenue, will become high-end office space.


Real Estate Fresh Finds: Feb. 13  PoPville

Real Estate *Fresh* Finds is a weekly selection of newly-listed properties in the District, brought to you by Real Living At Home. Featured Property of the Week: ...


Wanted: Candidates who'll fight big real estate - The Villager  The Villager

BY LYNN ELLSWORTH | The crowded public advocate race has made me jealous of the congressional voters over in Queens. They got Alexandria ...


Local News Local family calls out Zillow over real estate mistake Kristin Byrne 7:20 AM  WTMJ-TV

Lisa Weiler of the Lake Geneva area contacted Call for Action after she learned her Williams Bay rental property was listed on Zillow as a pre-foreclosure.


Best of the Boat real estate firm: The Steamboat Group  Steamboat Pilot & Today

After just two years in business, voters have chosen The Steamboat Group as town's best real estate company. The company has a relatively small team of 11, ...


Real Estate Transfers: Feb. 14, 2019  Suffolk Times

Listings prepared for Times Review Media Group by Suffolk Research *Service*, dated Dec. 17-23, 2018.


1 The World's Biggest Sovereign Wealth Fund Hits The Brake On Real Estate Deals London Capital  Bisnow

Norway's $1 trillion (£775B) sovereign wealth fund has cut its allocation to real estate and disbanded its specialist real estate division. Norges Bank Investment ...


2019 Predictions: 15 Prime Real Estate Locations Investors Need To Check Out  Forbes

For those in the real estate market, staying up to date with current trends and market fluctuations is key to keeping a competitive edge.


Bedford agency takes team approach to the real estate market  The Union Leader

BEDFORD — Six New Hampshire real estate agents have banded together to launch a new extension of Keller Williams Realty Metropolitan.


For sale: About $2 billion worth of Italian real estate  The Real Deal

Italy is looking to sell up to $2.1 billion worth of its real estate in an attempt to rein in its debt.


home | site map
© 2007