Michael Boyle is an experienced financial professional with more than 10 years working with financial planning, derivatives, equities, fixed income, project management, and analytics. Vikki Velasquez ...

The U.S. Supreme Court ruled that property owners are not entitled to fair market value when the government seizes and sells their home to satisfy a debt, but the process must be fair, and the Pung ...

Fair market value is the fair price of an asset for a willing buyer and seller. Supply and demand, economic factors and buyer sentiment can all influence fair market value. Fair market value is used ...

(The Center Square) – In a 9-0 decision Tuesday, the U.S. Supreme Court ruled a Michigan family was not entitled to compensation based on the fair market value of a home sold in a tax foreclosure, ...

The Supreme Court ruled that tax-foreclosed homeowners are generally owed auction proceeds, not market value—but only if the ...

In a previous post, I outlined some of the many reasons why today's Supreme Court decision in Pung v. Isabella County, allowing below-market value compensation for tax foreclosure takings is wrong.

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Dr. JeFreda R. Brown is a financial ...

The justices said the Pung family is only owed the surplus proceeds of the tax sale of their former home in Isabella County ...

The Pung family got a mixed result. The Supreme Court ruled the auction price is the baseline for compensation but sent the fairness question back to the lower court.

WASHINGTON, Feb. 25 (UPI) --The Supreme Court heard oral arguments Wednesday in a case in which a county foreclosed on a Michigan family's home and sold it at auction at a price far below market value ...

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