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  2. Contract Buyers League - Wikipedia

    en.wikipedia.org/wiki/Contract_Buyers_League

    The Contract Buyers League (CBL) was a grassroots organization formed in 1968 by residents of North Lawndale, a Chicago, Illinois community. [ 1] The CBL was founded in order to address the exploitative practices of predatory land contracts in African American communities. The organization played a significant role in raising awareness about ...

  3. Blockbusting - Wikipedia

    en.wikipedia.org/wiki/Blockbusting

    Blockbusting was a business practice in the United States in which real estate agents and building developers convinced residents in a particular area to sell their property at below-market prices. This was achieved by fearmongering the homeowners, telling them that racial minorities would soon be moving into their neighborhoods.

  4. 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.

  5. Can a seller back out of a real estate contract? - AOL

    www.aol.com/finance/seller-back-real-estate...

    This time, usually just a few days, gives either party the chance to back out of the contract if their lawyer notices a problem. Coming to a mutual agreement: In some cases, simply asking the ...

  6. Adverse possession - Wikipedia

    en.wikipedia.org/wiki/Adverse_possession

    Adverse possession in common law, and its related civil law concept acquisitive prescription, are legal mechanisms under which a person who does not have legal title to a piece of property, usually real property, may acquire legal ownership based on continuous possession or occupation without the permission of its legal owner.

  7. Home equity protection - Wikipedia

    en.wikipedia.org/wiki/Home_Equity_Protection

    Any protection contract is essentially providing a hedge to the owner against declining home prices. The provider (protection seller) of the contract will generally have a significant reserve in place and will also hedge their risk using housing futures from the CBOE Chicago Board Options Exchange & CME Chicago Board of Trade and other real estate short strategies to help mitigate losses.

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