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Foreclosures Maintaining a Low Profile This Season (Part II)

Monday, November 9th, 2009

The Hope Now report shows that Florida’s records as compared to the first quarter’s 23,463 have increased. In the months of July and August, there were, another 31,683 that were finalized. This transcends this rate to approximately 47,000 for the whole quarter. However, there is a slow down in the modifications [...]

Foreclosure in Valley on the Rise

Wednesday, July 8th, 2009

With unpaid mortgages crossing $16 billion, cases of foreclosures continue to shoot up across Northern San Joa Quin Valley. Approximately 40000 homes have been foreclosed indiscriminately in Stanislaus, San Joaquin and Merced counties since January 2007. Stanislaus experienced a major foreclosing of 614 homes while the month of May witnessed 693 home foreclosures in San [...]

Foreclosure Filings Set To Continue

Wednesday, June 4th, 2008

The foreclosure filings occurring throughout the first quarter of the year had been some of the worst in recorded history. In Florida, at least one out of 242 households has had a filing. Locally, one out of every 311 households has received a filing.
The current announcement may be taken further ahead with the hope that [...]

Overgrown Backyards A Common Sight In Florida

Monday, June 2nd, 2008

Speeding up foreclosure sales may be in the best vested interest for each home owner. However, treating it as the silver bullet is really not the way. According to Dustin Hobbs, a spokesperson of a California based Mortgage Bankers Association the best of the lot in the case of any borrowers’ home can be saved [...]

Homeowners Playing It Touch With Their Lenders

Wednesday, May 14th, 2008

Some homeowners like to play it really savvy with the bank. This helps them gain time as well as defer the payment and avoid foreclosure. They can be both brash and uncouth, and even end up into all sorts of trouble in the long run.
A man from Discovery Bay, who was asked to point [...]

Loans Act A Lifeline For Homeowners Facing Foreclosure

Thursday, May 1st, 2008

In West Palm Beach, even bankers are facing foreclosures. Dee Sherrod, an assistant bank manager, along with around six other people at the Foreclosure Assistance Centre in the city. They all had their own respective stories. Some of them are running late in payments and some have to refinance in order to continue to stay [...]

Maryland Foreclosures Shoot Up

Friday, April 11th, 2008

The rates for foreclosures in Maryland have gone on a national level high and the number has gone up with a record of 150% in the past one year itself. By the end of the year, over 13,000 homeowners have faced the loss of their real estate properties, as stated by the Mortgage Bankers [...]

Foreclosures In Virginia Up 30%

Tuesday, April 8th, 2008

The state of Virginia experienced a total of 5,152 filings for foreclosure at the rate of one filling out of every 616 homes. This has been onto a 30% increase as compared to the filings of last month. Virginia’s foreclosure fillings rated it 14th in the nation’s foreclosure rankings this month. This has accounted for [...]

Prevention Measures – Fight The Foreclosure Epidemic!

Monday, March 24th, 2008

When foreclosure news rang the distress bells for many home owners, this one will surely give some respite to many who are doing their best to save their homes. Many distressed home owners in Chicago now have a host of resources available to help them tide over the crisis.
For instance, The Housing Department of Chicago [...]

Arizona In 4th Position For Foreclosures

Friday, March 14th, 2008

 

 
The foreclosure rate has been soaring and has jumped up by 57 percent in January over last year as lenders are taking possession of more and more houses. The lenders take possession of houses when they have been able to sell off these properties at auctions.
Across the country in January, over 233,001 homes were served [...]

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