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Foreclosure Homes

Buy a Foreclosed Home in the Washington, D.C. Metro Area

by Danny GibsonNovember 19, 2009

Finding a foreclosed home in the Washington, D.C. metro area for investment can become a reality for more investors now that Prince George’s County, which is part of the Washington, D.C. metro area, posted more foreclosures in October compared to the same month last year.
According to a real estate research firm, over 2,000 households in [...]

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Cheap Foreclosure Houses for Sale Increasing in New Jersey

by Mark GoodmanNovember 16, 2009

Cheap foreclosure houses for sale are growing in numbers every day as more and more houses and development projects go into foreclosures. One of the latest victims in the current economic downturn and foreclosure crisis is a townhouse development project in New Jersey.
The Riverwalk townhouse units were built with the purpose of bringing in new [...]

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Home Foreclosure Sales Pushed Prices Down in Jacksonville

by Danny GibsonNovember 11, 2009

Home foreclosure sales and short sales in Jacksonville pushed down house prices in the July to September quarter in the area, based on data from Florida Realtors.
Sales prices for single-family residential units in Jacksonville fell by 17 percent to $150,600, a decrease from $180,600 last year. Home sales increased by 28 percent [...]

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San Francisco Foreclosed Homes for Sale Still on the Rise

by Danny GibsonNovember 10, 2009

Filings for San Francisco foreclosed homes for sale still dominate the housing market in California in the third quarter. During the period, the number of notices of default increased by 25.2 percent on a year-to-year basis. The figures represented a 72.0 percent to 607 from 353 in the San Francisco proper.
In Bay Area, the actual [...]

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Bank Foreclosure Homes Rising in High-End SF Bay Areas

by Danny GibsonNovember 9, 2009

Bank foreclosure homes are rising in number in high-end neighborhoods in the San Francisco Bay Area, based on an analysis of foreclosure data by the Chronicle.
According to the study, the number of high-end houses in foreclosure in upscale neighborhoods such as Greenbrae, Los Altos and Alamo in the 9-month period ended September rose by around [...]

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San Jose Foreclosed Homes for Sale Dominate the Market

by Mark GoodmanNovember 6, 2009

Home sales in Santa Clara County, California rose by 17 percent last month and San Jose foreclosed homes for sale are credited for this positive trend. According to industry experts, the 17 percent increase in home sales activity in September compared to the same month a year ago, is attributed to first time buyers who [...]

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Experts to Buyers: How to Find Foreclosure Homes Easily

by Danny GibsonNovember 5, 2009

Tips on how to find foreclosure homes easily and quickly can be found anywhere. But industry experts believe that no matter who gave the advice or where the advice came from, the bottom line is the foreclosure investing market is not for the faint of heart. As such, all industry gurus agree in recommending to [...]

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Protection for Tenants of Boston Foreclosed Homes for Sale

by Mark GoodmanNovember 5, 2009

Tenants of Boston foreclosed homes for sale have found a lifeline among housing advocates who held a rally to demand protection for them. Housing advocates have demanded protection for tenants in apartment buildings that are U.S. Department of Housing and Urban Development (HUD) subsidized.
The rally, which was held in Cleary Square in Boston, Massachusetts, was [...]

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Fannie Mae Urge to Maintain Bronx Foreclosed Homes for Sale

by Mark GoodmanNovember 3, 2009

Representative Jose Serrano and Senator Charles Schumer have called on government-sponsored enterprise, Federal National Mortgage Association or Fannie Mae to shoulder the cost of maintaining Bronx foreclosed homes for sale.
Both lawmakers claim that Fannie Mae has abandoned its responsibility of maintaining 14 dilapidated, foreclosed apartment units in Bronx. Fannie Mae backed out of its initial [...]

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Buying Foreclosure Homes For Sale From a Bank

by Anthony ParkerOctober 29, 2009

There are many ways to buy foreclosure homes for sale, but one of the best ways for new homebuyers is to buy through a bank. Banks sell foreclosures, which are known as REO (Real Estate Owned) properties. These homes have been repossessed because previous homeowner have not paid their mortgage. Banks are very eager to [...]

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