So a few pissed off sole proprietors, does this also pure REITs out of business? What about bank ownership of homes in mortgage default? I'm no lawyer but I think you are; is this all reasonably workable?
Bank ownership of homes in default is a different issue as the ownership is temporary as the banks are looking to unload the property asap. They are simply holding the home as collateral on a loan that defaulted and not as an investment.
All corporate ownership of single family homes. Not difficult.
So a few pissed off sole proprietors, does this also pure REITs out of business? What about bank ownership of homes in mortgage default? I'm no lawyer but I think you are; is this all reasonably workable?
Bank ownership of homes in default is a different issue as the ownership is temporary as the banks are looking to unload the property asap. They are simply holding the home as collateral on a loan that defaulted and not as an investment.
Agreed bank ownership is a technicality, I assume it's easily addressed.