From the category archives:
A duplex in Steamboat Springs, Colorado was destroyed during an August 14 fire. According to residents, the incident embodies the problems facing the county, including expanding bank and Fannie Mae foreclosure lists, immigration and high unemployment rates.
Continue Reading: Duplex Fire Made Problem of Bank and Fannie Mae Foreclosure Lists Worse
A consolidated report released by several research firms showed that the usual suspects, Florida, California, Arizona and Nevada, recorded some of the highest numbers in terms of foreclosure homes by state for March 2010.
Continue Reading: Foreclosure Homes By State Filings Continue to Climb
Two of the four townhouses on bank listings foreclosures in Pennsylvania will soon have new owners. A group of nuns from the Felician Sisters of Our Lady of the Sacred Heart Province are planning to buy the two townhouses in the foreclosure devastated neighborhood of Mooncrest.
Continue Reading: Nuns Planning to Buy Townhouses on Bank Listings Foreclosures
For most buyers and investors, it is all about right timing. Even seasoned realtors will testify how important it is to make a purchase at the right time and place. Considering that the housing market is brimming with properties in all stages of foreclosure, it is certainly difficult to decide if you should buy now or wait further.
Continue Reading: Foreclosure Homes and the Waiting Game
During the past years, the real estate market in Oklahoma has seen a sharp increase in the value of its homes. Naturally, the market will try to correct itself resulting to a noticeable decline in home sales. Despite this, market conditions remain stable in the state as evident in the below-national foreclosures rate. Although there is an increase in the number of Oklahoma foreclosures, the trend remains positive and buyers will be delighted with all the great deals being offered for these properties.
Continue Reading: Growing Oklahoma Foreclosures: No Impact on Housing Market
In the real estate industry, a market that shows a large inventory of foreclosure homes means only one thing – buyer’s have the upper hand. For almost two years now, the national foreclosures rate have spared to unprecedented levels, thanks to the many subprime loans defaulting once interest rates started re-setting. Selling New Hampshire foreclosures has become quite challenging and sellers are encouraged to take on a more realistic sales strategy.
Continue Reading: Sellers of New Hampshire Foreclosure Homes Get Realistic
Despite the considerable drop in national foreclosures rate and slight drop in Virginia foreclosures rate this June, the overall foreclosures situation is still negative especially if one compared the number of foreclosure filings last year. The growing inventory of foreclosure homes in the state has caused some experts to worry but still, they are confident that it will not become as worse as states like Nevada, California and Colorado.
Continue Reading: Virginia Still Struggling with High Foreclosures, Experts Not Worried
In search of a better quality of life, we are uprooting again and moving on. There’s BigTom and me, and 2 preschoolers and I haven’t told him yet but maybe another on the way. Tom says he won’t throw money away on rent any more now than we have enough in savings that may cover [...]
Continue Reading: Faith in finding our new home in Foreclosure Listings
During the housing boom, you may have been enticed by lenders to take out a mortgage loan that comes with an adjustable rate option. Your excitement over owning a new home may have made you forget to ask your lender what this option would bring in the long term. When the interest rates started resetting, [...]
Continue Reading: When the Going Gets Tough, the Tough Stops Foreclosure
Home foreclosure is not generally a good thing for a homeowner. Stopping home foreclosure should be their first priority, but for some reason, many homeowners tend to ignore the problem of home foreclosure. Perhaps they hope it will go away. Perhaps they hope that something will miraculously happen to save them from home foreclosure at the last minute. Face it folks, it is not going to happen. Home foreclosure must be dealt with, and by dealing with it early, it gives you more options.
Continue Reading: Home Foreclosure – What You Need To Know
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