0 minute readAfter the worst recession since the Great Depression, many real estate companies and developers that sought bankruptcy protection are selling properties through 363 sales, so named to refer to the section of the bankruptcy code that deals with this procedure. Such sales, typically processed quickly, hand the properties free of liens to the new owners and provide a way for real-estate investors to buy distressed debt.
Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio
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Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio
