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 [...]
Recent actions at the federal level to extend foreclosure and eviction moratoriums on certain sections of the housing market through January will allow the incoming administration of President-elect Biden to revisit the issue after Inauguration Day, according to Columbus distressed assets manager and auctioneer Rich Kruse. SEE MORE
COLUMBUS, Ohio – Recent actions at the federal level to extend foreclosure and eviction moratoriums on certain sections of the housing market through January will allow the incoming administration of President-elect Biden to revisit the issue after Inauguration Day, according to Columbus distressed assets manager and auctioneer Rich Kruse. But the Gryphon USA Ltd. principal [...]
Every morning, Robert Southers takes up a spot at a lectern-turned-information desk at the Greater Columbus Convention Center. It's usually 30 minutes or so before he's overwhelmed. READ MORE
The Federal Housing Finance Agency’s decision to have Fannie Mae and Freddie Mac extend a freeze on foreclosures of single-family homes and residential evictions was not unexpected but leads to additional problems said Richard Kruse, the president of Gryphon USA, Ltd. and leading auctioneer of foreclosure property. Kruse said that clearly many homeowners still need [...]
COLUMBUS, Ohio, Dec. 4, 2020 /PRNewswire/ -- The Federal Housing Finance Agency's decision to have Fannie Mae and Freddie Mac extend a freeze on foreclosures of single-family homes and residential evictions was not unexpected but leads to additional problems said Richard Kruse, the president of Gryphon USA, Ltd. and leading auctioneer of foreclosure property. SEE [...]
Many coronavirus relief programs are expiring at the end of 2020, and with no word from Congress on replacement programs, things are uncertain, creating some concern for millions of Americans. See More Below...... https://www.nbc4i.com/community/health/coronavirus/end-of-coronavirus-relief-programs-raising-concern-among-ohioans/
Fannie Mae and Freddie Mac will extend the moratoria on foreclosures and evictions until “at least” Jan. 31, the Federal Housing Finance Agency announced Wednesday. “Extending Fannie Mae and Freddie Mac’s foreclosure and eviction moratoriums through January 2021 keeps borrowers safe during the pandemic," said Director Mark Calabria. “This extension gives peace of mind to [...]
