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Greg Armstrong, who is a property agent of New Port Richey, insisted that the county should put forward more of the federal money for the purpose of payment assistance loans. According to him and many other Realtors the emphasis should be given to helping people to keep their houses, but till now the program couldn’t [...]

In most cases, the elderly residents take greater care of a house and the belongings or as Anthony LaGrutta would put it, “They were all old people like me, so they took care of things.” However, going by the trend, with the death of the elderly homeowners, the houses simply went into the hands of [...]

Research firms reported that in Fort Lauderdale, home sales increased due to the price fall for home foreclosures in the area in 2010. The homes in the Fort Lauderdale area were sold at a 14.89 percent discounted price from the actual price of the market. Palm Beach, Fort Lauderdale and Miami area posted the [...]

The Colorado Division of Housing released data that showed that in the 12 counties of Colorado, the properties that were owned by banks increased significantly in January. In comparison with January 2009, the total home foreclosure sales increased by a whopping 61 percent in the twelve counties of Colorado reaching a [...]

Sharp decrease in the home prices and the increasing numbers of mortgage loans in the adjustable rates were the primary reasons in the rising of Mesa foreclosure households. Unlike the unemployment problems in the other cities that were causing an increasing number of foreclosures, in Mesa, the main reason was exotic and underwater mortgages.
Over 60 [...]

Warren Group, a research firm based in New England, published a report that said that due to the recent increasing business failure and the job loss of the residents, home foreclosures are surging in the affluent areas of Boston. In Middlesex county, filings jumped by 23 percent over the past one [...]

Arizona foreclosure observed a rise in the year 2009 due to the continuing increase in home foreclosures in Tucson in the same year. With foreclosure activities continuing to surge in the Arizona including Tucson, these areas are in high demand to investors who are spending a lot of money to get the listings for the [...]

The homeowner association, to force people to clear their dues and maintenance fees, is imposing a process of reverse foreclosure. Due to an increase in the bank foreclosures in Florida, this process is enforced in the condo sector.
Over 60 percent of the HOA associations are facing a problem with default fees in this foreclosure situation [...]

According to foreclosure data published by local realtor associations and the Association of Realtors in Illinois, listings of distressed houses declined in February this year in Southwestern Illinois. In Madison County, 114 foreclosure filings hit households, which is lower than the previous month. In Saint Clair County, 127 foreclosure notices [...]

According to a report of the North Carolina Administrative Office of the Courts, some economic problems and unemployment are the main reasons behind these continuing foreclosures in Charlotte.
Foreclosure of the said area is affecting many of the homeowners.
Despite the onerous efforts of the nonprofit organizations and state to create affordable schemes for the homeowners, they [...]