Foreclosure Articles and News

The foreclosure crisis has helped analysts sift the myth from reality in the property market. There is nothing called a national property market. It is all local. The property value has not uniformly fallen – it depends on the segment in which the unit is situated. In some cases the drop is zero.

Continue reading: Foreclosure Crisis Sifts the Myth from Reality of the Property Market

A new foreclosure law (Foreclosure Prevention Act) introduced in California does not hold out much hope for the sufferers. It has now been stipulated that the borrowers must postpone foreclosures for 90 days in those cases where both the parties have not sat down to try and modify the terms of the mortgage.

Continue reading: New Foreclosure Law in California does not Hold out Much Hope

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Foreclosures are rampaging through Long Island localities without any signs of slowing down. A street in Central Islip looks like any other with sprinkling of colonial buildings gracing tree lined blocks.

Continue reading: Foreclosures Rampaging through Long Island

The foreclosure climate is telling most on women in Ohio and leading to stress. Lora Walker has a modest horse farm and this has been her shelter since she lost her job. But foreclosure is stalking her.

Continue reading: Foreclosure Climate Telling Most on Women in Ohio

Obama administration has come up with a new law to provide protection to those who have rented space in foreclosed properties. This will help dwellers in apartments like Sonesta Circle and Sonesta Drive who got eviction notices.

Continue reading: New Law Will Protect Tenants of Foreclosed Properties

Miami foreclosures can be bargain deals if handled skillfully, applying the right techniques. Although there are a surfeit of houses up for cheap it is not as easy as buying a pair of jeans from a shop.

Continue reading: Miami Foreclosures can be Bargain Deals if Handled Skillfully

The banks are recovering while foreclosures continue to dominate the scene. After having received hefty sums from the government the banks are talking about repaying the money.

Continue reading: Banks are Recovering while Foreclosures Continue to Dominate

The Chicago suburbs have been inundated with tall grass in the innumerable foreclosed homes. It has become a growing problem.
Russian immigrant Michael Mazo is fond of insects and other forms of life that flit through the tall grass in the back yard of his town house in Buffalo Grove.

Continue reading: Chicago Suburbs Inundated with Tall Grass in Foreclosed Homes

Florida is responsible for one sixth of all the foreclosures in USA. The state legislators are apathetic in finding solutions. Only a couple of judges are trying to find ways to tackle the overflow of foreclosure cases in the courts.

Continue reading: Foreclosures Flooding Courts in Florida