Articles about Foreclosure

Few of the most expensive home Manatee County are now feeling the effects of the surging foreclosures. As per the court and tax reports a $2.8 million mansion along with a $1.1 million property in Hawks Harbor coupled with a $975,000 house in the neighborhood of Warwick Gardens along the University [...]

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.

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

Foreclosures are found to increase sharply even in the Silicon Valley in the past month, mainly because banks again hiked the rate at which they used to sell homes taken from their respective owners behind on their payments.
In the month of June, there were 491 foreclosure cases, that were reported in Santa Clara County and [...]

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 [...]

There are numerous such families like the Doyle’s who are in such a distressed condition and according to Craig Obama’s venture with loan modification has literally been unable to improve the conditions. Contrarily, a Chase representative, Jennifer Zuccarelli, commented that there has been some misunderstanding regarding the Doyle family case and [...]

Foreclosures, everywhere in the US have though created a difficult situation for the homeowners but foreclosures in Fort Lauderdale has turned out to be a boon for those buyers who are looking forward to settling down in Fort Lauderdale.
Due to the foreclosures in Fort Lauderdale, the buyers can buy those houses [...]

The regions of Westerly and Chariho witnessed the eviction of approx 58 residents due to foreclosures in the previous year. 23 families comprised of only 1% all over the state and according to Rev. Jean Barry, heading a Westerly agency the local records are also important. According to the executive director [...]

It was when Craig Vale dreaded of moving into foreclosure this year, he came across a new program for financially disturbed homeowners, which can save them from foreclosures. Last week, Vale and his wife, Bobbie, qualified for a “trial loan modification” that will cut their interest rate, lower their monthly payment, [...]

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.