From the category archives:
Homebuyers and investors find foreclosure listings the most convenient and fastest way to choose and buy foreclosure properties. Now they have more foreclosure listings to choose from as two cities in Idaho have become the new hot spots for foreclosures. This means that bargain-priced properties are now flooding the Idaho market.
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The Oakland County in Michigan has received a grant to support efforts to trim down the number of foreclosure homes on real estate listing. The almost $17 million multi-year grant has been awarded to the Community and Economic Development Department.
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A foreclosure list is a powerful tool that is used by both savvy investors and seasoned homebuyers. If you are looking for a low-cost foreclosed home, you may want to use a foreclosure list as well. Foreclosed property listings, as their name suggests, are a database or list of available foreclosed homes. Buyers can easily consult these lists to find the properties that interest them.
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The county of Lebanon in Pennsylvania has received a Neighborhood Revitalization Grant to buy from foreclosed properties listings. The $1.5 million grant from the U.S. Housing and Urban Development (HUD) will finance the purchase of foreclosed properties that blighted several neighborhoods in the city.
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The Rhode Island Foundation has directed $30,000 worth of funds to the Community House Land Trust of R.I. to support the conversion of properties on foreclosure list into affordable houses.
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Listings of foreclosure homes throughout the country are now including more and more high-end homes, based on data from an online real estate research firm.
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The private sector coalition of nonprofit counselors, investors, mortgage servicers and insurers, released a report showing that the foreclosure prevention activity nationwide improved by almost 20 percent in July 2009 compared with the same month in 2007.
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The commercial property mortgage industry is starting to heat up as lenders are trying to protect their investments from the expected flood of troubled mortgages reaching maturities.
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Franklin City, one of the hardest hit communities in Virginia by foreclosures, has been given a chance to alleviate the effects of the problem. It has received a grant that will allow it to buy from home foreclosure listing.
The $400,000 grant award received by Franklin is part of the federal $9.4 million Neighborhood Stabilization [...]
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The Culpeper town in Virginia has received about $1.2 million in federal funds to help it buy from foreclosures list. The funds will be used to buy foreclosed house in some new housing developments.
The money was awarded under the federal government’s Neighborhood Stabilization Program which was launched by the Obama Administration to help stave off [...]
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