Foreclosure
Let’s face it: mortgage note holders don’t have a lot of patience. If you’re behind on your mortgage payments for more than three months, most mortgage companies are not going to sing Kumbaya. That’s why, if you know that your income will not be sufficient to make the house payments going forward, it may be…
Read MoreLast week, we told you about the mess happening at 1401 Elm, a landmark $240 million redevelopment deal in downtown Dallas facing forced foreclosure after a developer pulled out. The city of Dallas had committed $50 million in economic incentives to further progress. But with of the departure of New York-based Olympic Property Partners from the project, early…
Read MoreDowntown Dallas’ 1401 Elm was once touted as the tallest building west of the Mississippi River, with 52 stories and 1.5 million square feet of office space. This Central Business District skyscraper, formerly the First National Bank, has stood depressingly vacant since 2010. Plywood boards and “keep out” signs mar the once-impressive edifice. Plans were underway for an encompassing $240-million…
Read MoreThe Branch Team was recently named as Top Residential Real Estate Producers in Dallas by D Magazine. The dynamic duo of Tom and Gina Branch were recognized for closing more than $15 million in sales in 2011. Tom and Gina go way back to DallasDirt days with Candy. We chatted recently with Tom Branch for…
Read MoreThings are not looking good for Pilar Sanders. After their hearing yesterday, Deion Sanders won a restraining order that will keep Pilar 500 yards from their opulent Prosper mansion and that gigantic African statue. So, obviously, the soon-to-be ex-Mrs. Sanders will need a place to stay, right? We have just the thing, and it’s a deal, too!
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