Articles about new york

Foreclosures in Queens has continued to increase according to Rafael Cestero who is the commissioner of the Department of Housing Preservation and Development. Approx 100 families are loosing homes in Queens and all due to foreclosures. Almost 13,000 homes all over the city were expected to be prone to foreclosures as [...]

According to a report that came out recently, houses that have been abandoned after facing foreclosure are fast becoming a haven for criminals and squatters. Houses that have been left empty after being foreclosed are quickly being populated by criminals. Those that are deemed unsuitable by them are seeing squatters move in to them over [...]

The foreclosure bug has finally hit New York – big time! Over 375 foreclosed homes in New Jersey, New York and Pennsylvania are about to be put up for auction at bargain prices. The auction will take place at Manhattan’s Jacob K. Javits Convention Center this Sunday.
California based USHomeAuction.com has done one auction here earlier. [...]

Filings of property foreclosures increased by 151 percent in the previous year in Albany, in N.Y, region. The figures brought out a few days ago estimated that the number of householders threatened with the foreclosure crisis is a small fraction of the property stocks.
RealtyTrac, a foreclosure listing firm based in Irvine, Calif reported that the [...]

Rising foreclosures are seeing the emergence of a new kind of transaction: the short sale. Unheard of even until a few years ago, these sales involve homeowners selling their homes for less than the amount of their mortgage. The sale is carried out in agreement with the bank, to avoid a foreclosure.

In the Hamptons, [...]

 
 
 
Sandra Rolon had served as Staff Sgt. for above a year in Kuwait in 2004, and had done so with two purposes; one was to serve her country and the other was to buy a home. By summer 2007, she had been able to make a payment on a home she was skeptical of being [...]

Foreclosure law suits have been filed by both National and foreign banks in this county with Deutsche Bank having filed 557 foreclosure suits in 2007, tops the list of banks having filed such law suits in Summit County; and this when the bank does not even have presence in this county. The other banks making [...]

Dr. Raymond Turner, a professor of economics at the Anne Arundel Community College has given his insight that the financial difficulty has been largely due to people’s inability to meet their rising mortgage rates. This has most likely resulted in the cutting down of other services such as beauty salon appointments or high-priced tickets.
Even the [...]

Over 7,500 homes in Massachusetts have been taken under seizure last year. This number is almost the double of the number in 2005. When the housing boom took place of almost treble the quantity of 2006 the number of foreclosures were actually far less.
Since 1990s the most foreclosures during a year has been those done [...]