Foreclosure Articles and News

In one hundred neighbourhoods deserted houses have been converted into new units – thanks to the efforts of a new non-profit body that is finding opportunities in foreclosures. Nothing like this has happened before.

Continue reading: New Non-Profit Body Finds Opportunities in Foreclosures

People that study and analyze these things all agree that one of the major contributing points to the decrease of just or three quarters of a percent can be traced back directly to the enactment of the stimulus package that United States President Barack Obama signed into law

Continue reading: Foreclosure Homes in North Carolina Show Low Levels

The foreclosure climate has vitiated the real estate market making it difficult to buy a house; assistance is required. Buyers and sellers are both facing financial complications.

Continue reading: The Foreclosure Climate has made Buying a House Difficult

This one surprised more than a few people. New York is known for having some of the highest cost real estate in the country between the city of Manhattan and the property on Long Island and quite honestly, people thought that the results between May and July this year would be considerably higher and into increasing as opposed to decreasing.

Continue reading: New York Foreclosed Homes For Sale Decreased 2.08% Between May And July

As the US economy reels under recession, people are increasingly finding themselves without jobs. Homeowners are faltering on payments, and banks are taking over the properties. Hence, foreclosures have become very common. As foreclosures increase, it’s better to take precaution.

Continue reading: As Foreclosures Increase, It’s Better to Take Certain Precautions

President Barack Obama has launched the ‘Homeowner loan Modification Plan’ is an effort to stem the foreclosures and tide over the mortgage non-payments that has made millions of homeowners unable to make payments. This is supposed help over 4 million homeowners avoid foreclosure.

Continue reading: Obama’s Homeowner Loan Modification Plan

A family in South Florida got the shock of their lives when they returned home to discover they were no longer owners of the house that till the morning was their home. It was by mistake sold off at a foreclosure.

Continue reading: A Mistake Leads to Foreclosure and Sale of Family Home in South Florida

This number I think took everyone by surprise. All of the reports and indicators that people were seeing in the state of Georgia foreclosed homes from the mayor of Atlanta and the governor of the state seemed to shed light on the fact that the numbers from May into the month of July were going to be dismal at best.

Continue reading: Georgia Foreclosed Homes Decrease 4.35%

There are dark adverse clouds vitiating the real estate climate in Tampa Bay. In it a couple sees opportunity to make hay. Renowned entrepreneurs Bill Eshenbaugh and Lynda Keever have launched a new venture targeting to bring help to the lending bodies burdened and weighed down by an ever increasing list of repossessed properties.

Continue reading: Couple Sees Opportunity In The Adverse Climate Of Foreclosure In Tampa Bay