Archive for 'Foreclosure Filings'
Foreclosure Investing: Where There is Smoke…
6 October 2008If you ask any seasoned real estate agent, they will tell you the same thing — it is certainly the perfect time to buy one of these foreclosure properties. But the question of where to find these repossessed homes still remains.
Distressed Michigan Homeowners: Will they be allowed to vote?
19 September 2008The Democratic Party and Barack Obama’s campaign have decided to file a lawsuit against Michigan Republicans for planning to prevent troubled borrowers from exercising their right to vote. The said lawsuit will protect homeowners facing foreclosure from not being allowed to vote just because their addresses appeared in the foreclosed properties list.
Non-profit Group Lends a Helping Hand to Curb Foreclosures
15 September 2008The growing number of foreclosure homes in the nation has lead many non-profit groups such as the National Community Reinvestment Coalition to take the initiative in providing the millions of distressed homeowners with foreclosure help.
Distressed California Homeowners: Help is on the way!
12 September 2008When the subprime mortgage mess erupted, one of the states hardest hit was California. To date, the state remains to be have one of the highest foreclosure rates in the nation. if you check the local real estate market, you will find hundreds of thousands of California foreclosures for sale.
Is Short Sale the Best Foreclosure Alternative for You?
25 August 2008At the center of the foreclosure crisis, you will find millions of homeowners facing foreclosure. In most cases, these homeowners have little or no equity left in their homes, making it impossible for them to sell their homes to pay off their mortgage debt or refinance. For these reasons, a short sale option is usually [...]
Top 10 States with Highest Foreclosure Rate
22 August 2008Based on the recently released data from RealtyTrac, the top ten states with the highest foreclosure rate for the month of July are the following:
Median Prices of US Homes Fall in 2nd Quarter
15 August 2008According to the latest data gathered by the National Association of Realtors, median prices of homes in the country have declined by 7.6 percent in the second quarter. There were at least 75 percent of cities in the United States, which were affected.
New Foreclosure Legislation Signed by New York Governor
11 August 2008In a situation where time is of the essence, it is indeed a great relief for troubled New York borrowers to know that there is a new law that gives them an extra 90 days to find a solution to their mortgage problems and hopefully, avoid losing their homes to foreclosure.
Phoenix AZ Experience 534% Rise in Foreclosures; Worst Yet to Come
25 July 2008Residents and local officials of Phoenix have really something to worry about. According to the latest data, there was a 534 percent increase in the number of foreclosure filings for the first half of the current year, bringing the total to 12,573. Sadly, experts are saying that half of this number will end up as foreclosures.
Alaska Foreclosure Counselors Hoping for the Best
23 July 2008Foreclosure counselors working for the Consumer Credit Counseling Services of Alaska are alarmed about the increasing number of distressed homeowners facing foreclosure. The non profit group has been shelling out advices and information in order to provide valuable help to these troubled borrowers who are on the brink of losing their homes.
