The look and feel of certain parts of Philadelphia are going through major changes, and for many people, those changes call to mind memories as well as new opportunities. To provide some perspective on the complex emotions evoked by the city's redevelopment plans, a group of organizers from Temple University's Tyler School of Art planned an unusual project: "Funeral for a Home."
A Montgomery County man who works to help the homeless has himself fallen on hard times. Each Thursday, as part of his King's Jubilee ministry, which he operates out of his home, the Souderton resident drives to Center City to deliver homemade soup to Philadelphia's homeless. However, after he became ill and his wife lost her job, the couple fell behind on their mortgage payments, and the lender started to foreclose.
Residential real estate transactions continued to edge up at the end of 2011 in Philadelphia, giving sellers and real-estate agents hope that perhaps recovery is on the horizon for the housing market. But it is important to note that full recovery is still a ways down the road.
The 128-year-old Stewartstown Railroad is a southern York County, Pennsylvania, landmark in the small town for which it is named. It is also at the heart of a $350,000 property dispute. The railroad's foreclosure is likely if the debt to the estate of a deceased private lender, who made the Bucks County Historical Society a beneficiary, goes unpaid.
The Red Rose Inn, off Route 1 in Chester County, Pennsylvania, is set to be auctioned off in July as part of a foreclosure proceeding, unless Penn Township officials take the property under eminent domain. The township says it has ideas to preserve the three-story, decaying structure and use it as an administration building.
One Philadelphia man, who saved his home by working through the city's mandatory foreclosure-diversion program, said his mortgage lender was finally "forced" to sit down with him to work out a deal. A new study suggests the three-year-old diversion plan is having a positive effect residential property disputes.