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  2. Estoppel certificate - Wikipedia

    en.wikipedia.org/wiki/Estoppel_certificate

    Estoppel certificate. An Estoppel Certificate (or Estoppel Letter) is a document commonly used in due diligence in real estate and mortgage activities. It is based on estoppel, the legal principle that prevents or estops someone from claiming a change in the agreement later on. [ 1] It is used in a variety of countries for commercial and ...

  3. Multiple listing service - Wikipedia

    en.wikipedia.org/wiki/Multiple_listing_service

    Multiple listing service. A multiple listing service ( MLS, also multiple listing system or multiple listings service) is an organization with a suite of services that real estate brokers use to establish contractual offers of cooperation and compensation (among brokers) and accumulate and disseminate information to enable appraisals.

  4. Foreclosure - Wikipedia

    en.wikipedia.org/wiki/Foreclosure

    Foreclosure is a legal process in which a lender attempts to recover the balance of a loan from a borrower who has stopped making payments to the lender by forcing the sale of the asset used as the collateral for the loan. [ 1][ 2] Formally, a mortgage lender (mortgagee), or other lienholder, obtains a termination of a mortgage borrower ...

  5. The IRS says it has collected $1 billion in past-due taxes ...

    www.aol.com/finance/irs-says-collected-1-billion...

    The tax agency on Thursday announced it has surpassed $1 billion in past-due collections from high-wealth taxpayers over the past year. The compliance crackdown was first announced last fall. Some ...

  6. Payment in lieu of taxes - Wikipedia

    en.wikipedia.org/wiki/Payment_in_lieu_of_taxes

    In Canada, payment in lieu of taxes are made in place of property taxes on real property owned by federal, provincial, and municipal governments and government agencies to local governments and reserves. [ 4] They need for PILTs arises from Section 125 of the Constitution Act, 1867 which prohibits levels of government from taxing real property ...

  7. Point nabs $115M so homeowners can cash in home equity

    techcrunch.com/2022/05/03/point-a-company-co...

    The investors typically invest about 15-20% of a home’s value. So if a home is worth around $1 million, they will put in $150,000 or $200,000. Homeowners, Lim said, use the cash to do a variety ...

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