As the government is trying hard to see that homeowners continue to remain in their houses, more strategic defaulters are walking away from their homes causing further rise in foreclosures.
Strategic Defaults are Leading to more Foreclosures in many States
Tags: Foreclosures
Foreclosures are Compelling Cities to Become Reluctant Caretakers
Many towns like Lakeville and Burnsville do not have the resources to see to the many vacant foreclosed houses that are not only eyesores but also posing health problems to an extreme point.
Tags: Foreclosures
The Idea of Banks being too Big to Fail is too Dumb to Stop Foreclosures
The banks have been given generously from bailout funds because of the idea that these financial entities are too big to fail. But with nothing being done to stop foreclosures the idea seems to be dumb
Tags: Foreclosures
Census Count Facing Difficulties Because of Foreclosures
Census count is facing difficulties because of foreclosures. Many families have been evicted from their homes camping with friends, relatives, cars or shelters
Tags: Foreclosures
Foreclosures to Stay, Slight Improvement in Real Estate in 2010
Will 2010 spell better times for the housing industry? One does not know. As of now, the US is perhaps going through one of the most critical phases
Tags: Foreclosures
City Officials and Volunteers are Fighting the Blight of Foreclosures
The city officials helped by volunteers have taken a positive approach to fight the blight of foreclosures. The crisis has left behind the curse of vacant houses haunted by fires and vagrants.
Tags: Foreclosures
In the Middle of Mounting Foreclosures Volunteers are Trying to Keep Hope Alive
In the middle of escalating foreclosures groups of volunteers are trying to keep hope alive among the victims.
Tags: Foreclosures
Hotel Properties Fall Prey to Foreclosures
Hotel properties are falling prey to foreclosures as well. They are losing out on revenue as well. Take, for instance, Pompano Beach hotelier Richard Manzelli and his Ronny Dee Resort Motel
Tags: Foreclosures
Foreclosures High - Small Businesses Suffer Too
The US economy is going through a turbulent phase. With the recession has come the job loss. Subsequently people are faltering on mortgage payments. Their houses are being taken over by banks and foreclosures are common. A recent trend that is being noticed is that even small businesses are suffering because of the downturn.
A survey [...]
Tags: Foreclosures

