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From the category archives:

Foreclosure Crisis

Foreclosure, Home Short Sales Caused Decline in Illegal Immigration

by Anthony ParkerSeptember 8, 2010

The latest immigration statistics show that Nevada is one of the states that are experiencing considerable declines in illegal immigration. Analysts have stated that this is partly due to the huge number of foreclosures and home short sales in the state. Difficulties in finding jobs and the general economic decline have also been cited as contributing factors.

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Bank Foreclosure Issues Overshadow Tax Lien Foreclosure Sales

by Robert ShultzAugust 31, 2010

The number of homes being offered as tax lien foreclosure sales has risen in the past few months in Florida. However, the issue is not the center of current housing market news in the state, but foreclosing banks' actions are.

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Property Tax Deed Sales and Foreclosures Continue Despite Program

by Mark GoodmanAugust 27, 2010

The recovery of the U.S. housing market has slowed and efforts from the federal government are supposedly not helping much in terms of lowering the number of property tax deed sales and foreclosures in the country. The government's main foreclosure mitigation effort, the Home Affordable Modification Program, has been criticized for its alleged lack of impact on the housing market crisis.

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Despite Soaring Foreclosure Short Sales, Bend Got Left Out

by Robert ShultzAugust 23, 2010

The problem of high foreclosure rates and declining values of properties due to foreclosure short sales have hit most areas of Oregon. On top of these housing market problems, unemployment rates in most local areas of the state have also soared.

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Washington Has a Bigger Problem Than Sheriff Foreclosure Auctions

by Danny GibsonAugust 20, 2010

On top of the issue of numerous properties falling under Sheriff foreclosure auctions and other foreclosure-related problems, the state of Washington now has to face the immediate concern of public housing renovations. The main problem though, is that the money needed for the overhaul is not available.

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Unemployment Behind Foreclosures and Mobile Homes for Sale

by Robert ShultzAugust 12, 2010

The high number of residential properties and mobile homes for sale in Pennsylvania is not caused by subprime mortgages. At least, that was what the survey from the Pennsylvania Association of Realtors had revealed. The survey attributed majority of the state's foreclosures to unemployment and emergency medical expenses.

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VA Foreclosures in Alabama Fell but Expected to Surge Again

by Danny GibsonJune 21, 2010

VA foreclosures in Alabama slowed in May, but are expected to have a resurgence because of the Gulf Coast oil spill and the financial difficulties faced by a number of military members.

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Lawyer Held Seminar on Problems Related to Foreclosure Auctions

by Danny GibsonJune 17, 2010

In an effort to help homeowners avoid losing their properties to foreclosure auctions, lawyer Roy Oppenheim held a free seminar on foreclosure defense in his law office lobby while other interested homeowners watch the workshop on a live Internet feed.

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Community Banks in Minnesota Laden with Bank Owned Homes

by Danny GibsonJune 3, 2010

Community banks in Minnesota are saddled with bank owned homes and distressed commercial properties, putting them at risk of following the fate of the 13 banks that had already gone under since the start of the downturn in 2008.

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