President-elect Joe Biden last week provided a $1.9 trillion plan for rescuing the U.S. economy. Housing industry insiders and other American's have responded to key housing-related areas of the package including individual stimulus checks in the amount of $1,400 (in addition to approved $600), rental assistance, and the extension of a foreclosure and eviction moratorium. [...]
A Dayton-area housing portfolio has been sold to a Florida company for over $2 million. A total of 78 single-family homes and duplexes scattered throughout the city of Springfield were purchased by 2002 Springfield Portfolio LLC of Coral Gables, Florida. The winning bid was $2.12 million, though a 10% buyer's premium increased the contract price [...]
By Christina Hughes Babb Foreclosure and eviction moratoria, which are working in the short-term to keep homeowners in their houses, are not long-term solutions, according to Columbus Distressed Assets Manager and Auctioneer Rich Kruse (a Gryphon USA Ltd. principal). SEE MORE
Columbus, Ohio - January 4, 2021 - Real estate and auction firm, Gryphon, has completed the sale of a 78-unit, affordable housing portfolio in Springfield, Ohio through a Private Selling Officer auction, an option for creditors who want to utilize auctioneers to conduct foreclosure sales instead of the county sheriff. 2002 Springfield Portfolio, LLC of Coral [...]
