Articles about Ohio Foreclosures

According to a data that released on Thursday, the figure of American homes menaced with trailing their houses sprang up to 24 percent in the initial three months of the present year and is perched to ascend further as chief loaners pick up foreclosures following a momentary break.
The irresolute economy is inducing the housing catastrophe [...]

The US Department of Housing and Urban Development is going to give away over $22.8 million fund to Columbus to help her deal with the foreclosure crisis. The department is going to send across funds to about 22 cities of Ohio apart from the counties that have been heavily affected by foreclosures. The fund has [...]

US Department of Housing and Urban Development has granted the communities of Cincinnati area a fund of over $25 million. This federal money has been granted to them so that they can fight with the problem of foreclosures in their area. Half of this fund can be used to rehab and buy properties that have [...]

Apart from real estate, foreclosed homes are also creating a big problem for the students. A large number of students whose homes have been foreclosed are going to schools but are so poor that they are unable to afford free meals even. Jefferson County, which is a 98,000 student district, including Louisville and its suburbs, [...]

The new real estate problem after foreclosure being faced by the people are the liar loans. This is a type of loan/mortgage that has been approved without any prior proof of the income or assets of the borrower. The worst of this loan are known as ninja loans, which means unable to repay due to [...]

The problem of foreclosures has also been hitting the middle and upper middle class families. This is affecting people from all income groups and professions. The scenario is worsening day by day. The slow pace of US economy together with the tight mortgage terms and conditions are responsible for it. Hampton Township is one of [...]

The rate of foreclosures in the state of Ohio is flattening as per the reports of a firm that keeps a check on the US real estate foreclosures. It has also been stated by a lawyer, who has been playing a great role in providing help to the homeowners of Ohio to prevent foreclosures, that [...]

There has been a marked 121 percent increase in the nationwide real estate foreclosures from the second quarter of the last year. It has almost doubled. The tight lending standard, soft housing sales, dropping US economy together with declining home value has been instrumental in making the situation worse for homeowners. Many have failed to [...]

RealtyTrac the prominent online marketplace for all kinds of foreclosure properties, recently published its Q2 2008 U.S. Foreclosure Market Report. According to this, during the 2nd quarter of the year, 739,714 U.S. properties were reported to have foreclosure filings. This is about a 121% rise from the second quarter last year, and almost 14 % [...]

At last, Fed’s new rules have been approved for Roxanna Evans. She has a home in Ohio, which she bought some years ago, but didn’t stay there. Now she is facing foreclosure on that property. The mortgage lender along with the real estate agent and appraiser together are inflating the cost of the home. It [...]