Articles about Foreclosures

In Florida, every time a repo property goes for sale, it is considered to be an ideal investment specifically for those buyers who can actually patiently wait for a considerable period of time before they resale the house for a better profit. It ensures lucrative profits for investments in real estate in Florida as these [...]

The report from a non-profit Urban Institute states that despite the presence of a powerful job market, the foreclosure numbers in the Washington seems to worsen in the months to come. According to the ‘Housing in the Nation’s Capital’, which is the annual update for 2009, “Washington’s relatively strong economy … moderates the impact of [...]

In Brevard County the number of foreclosures fell drastically in October, this year. On a monthly basis this decline took place third time in a row. Compared to 688 foreclosures in September in the last month there were only 603 foreclosure filings in the county. In fact, the September figure is a deterioration of a [...]

With only a few months of such programs being implemented, many Ohio residents have been able to submit and adhere to these programs allowing them to keep their homes, pay their mortgages without falling into back payments and even providing for their families as they have been doing so before the crisis.
Since the mortgage [...]

Any expensive house that you want to own may not remain so pricey after a few months. These are the high-end foreclosures and the fillings for these foreclosures have a possibility of increasing in number. In Lee County, all these are pulling down the prices in the property market and according to Jeff Tumbarello, the [...]

As such, they have seen and understood the problems that many homeowners are facing with the current financial crisis; salary cutbacks as well as complete lay outs are some of the events that are keeping most homeowners awake at night.
Such problems are also reflected in the interaction inside the families; the parents start quarreling for [...]

Almost all borrowers taking loans under this option since 2004 to 2007 waned to pay lesser interest while the unpaid amount gets added to the balance. This resulted to a shocking situation for most borrowers. Loan balances, for these borrowers keeps on rising at such a time when the values of homes are falling according [...]

With the strengthening of the grip of foreclosures on the neighborhoods of Chicago, it is becoming clearer that most people will lose out on their homes. More homes in the community are falling pray to foreclosures and it takes more time to be sold after the lenders reclaim it.
At least 33% of the foreclosures of [...]

At least 31% of the sales took place due to foreclosures in August. In some western states, however, this figure just superseded the usual trends. The sales of homes falling in the category of distressed property in the regions of California and Arizona accounted for more than 50% of the sales in August. There were [...]

A state law aiming to cut down on the rate of foreclosures is supposed to come into effect. However, the National Consumer Law Center’s report states that this law might not help much as it is not so strong.
This law in Oregon is among the 25 programs implemented in 14 states [...]