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Rise in Chattanooga Area Foreclosures this Summer

Tuesday, November 3rd, 2009

The rising trend of foreclosures this summer has set a record in the Chattanooga area. However, RealtyTrac Inc., analyzed that their rate of notices for local default including repossessions accounted for only one-half of the national figures during the 3rd quarter of this year. At least, one out of every 235 properties in Chattanooga metro [...]

Some Safety Measures While Buying Miami Foreclosures

Wednesday, October 7th, 2009

The foreclosed properties in Miami are indeed the best deals if you are looking for homes to stay or to invest. Most investors consider the Miami based foreclosed homes to be the most eligible ones according to the market conditions.
However, it is not easy to purchase these properties if you do not [...]

Foreclosures Cannot be Avoid by Mortgage Modifications

Friday, August 7th, 2009

Till date lenders have modified approx 235,000 mortgages during the administration of Obama. Despite this, till date, the first few months of 2009 witnessed 1.8 million foreclosures. Due to the rising rate of unemployment, more homeowners are rendered jobless and that is impeding their attempts of loan repayments.

Federal Loan Programs Failed to Stem Foreclosures (Part I)

Wednesday, August 5th, 2009

The Federal programs aiming at modification of loan structures to cut down on the foreclosures has not gained much success.

A Glaring Hike In Foreclosures

Tuesday, July 21st, 2009

The notifications for housing foreclosures and loan defaulters was by found to rise by 10% in June and were 55% higher as compared to the previous years status. Still the rates are pretty much on the lower side in Glendale, Burbank and La Cañada Flintridge than the averages for Los Angeles County and California, [...]

Rock County Foreclosure: An Overview

Tuesday, June 30th, 2009

Though there has been a steep rise in the foreclosures, however, with an article posted on USA Today, it seems as if foreclosure in Rock County has worsened.
Immense publicity has let down the economic officials. Moreover, the shut down of the General Motors plant has taken the entire nation by rage. This incident has also [...]

Foreclosures Continue Due to the Failure of Lenders to Alter Loans (Part I)

Thursday, June 25th, 2009

The $75 billion program by the Obama government intending to cut down on foreclosures for sale has suffered major setbacks. A major chunk of homeowners complained about certain inaccuracies in the information by the lenders and many more commented that they did not receive any help.

Home Prices in San Francisco Experience a Drastic 41% Fall This Season

Thursday, May 28th, 2009

As per the MDA DataQuick there has been a major curb in the prices of the homes in San Francisco Bay Area. Compared to the last year’s statistics this April the data featured a fall of approx 41% and in fact last year the foreclosures were responsible for more than half of the selling of homes and properties.

Franklin County Experiences a Major Hike in Foreclosures

Tuesday, May 12th, 2009

In comparison to last year, this year the foreclosure rate almost tripled in the initial quarter in Franklin County.
The time when the foreclosure comes out to have flat-lined across the Shoals, this increase comes up.
Last year Franklin County recorded only six foreclosures until March. This year, the number went up to 17 in the first [...]

Law Week: A Ray Of Hope

Monday, April 27th, 2009

The Palm Beach County Bar Association introduced the program for the Law Week. The burning legal topics of foreclosure, small claims, condominium-homeowners law, and elder law are there in the agenda.
Starting from Monday through Wednesday, the fixed program called the Dial-a-Lawyer program is there to help people. This famous annual event commences on Monday and [...]

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