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Foreclosure WareHouse Blog

Foreclosure WareHouse Blog
The Foreclosure Warehouse Blog is dedicated to bringing you the news you need to know to be a successful foreclosure investor. You’ll find advice and statistics on where foreclosures are happening and how you can buy them, information on HUD happenin
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Articles

Foreclosure Problems Are Worse for HIV-Positive Renters
2008-09-04 18:50:00
The HIV-positive renters are having a serious problem due to foreclosures. In the past few months, about 50 HIV-positive renters have reported that they have been forced out of their homes as a result of this real estate problem. The rental rates being high and the prevalence of ineffective antidiscrimination laws together with lack of ...
More About: Foreclosure , Problems , Positive
Las Vegas Foreclosures: The Second Wave is About to Come
2008-09-04 18:48:00
The decline in the value of home in the Las Vegas valley by almost 30 percent has made many think that the worst phase of the real estate crisis is over. However, there are many experts who think that a second wave of foreclosures is likely to take place soon, may be in the coming few ...
More About: Foreclosures , Wave
Due to Foreclosures A Mess Is Left Behind
2008-09-03 15:59:00
One of the biggest problems being faced by the foreclosed properties of the Frederick County is that they are damaged by either vandal who trash them or gets rotten due to ill-maintenance. This leads to piling up of things creating clutters everywhere. The county has been reported with 114 foreclosures in July, which is a ...
More About: Foreclosures , Left , Mess
Increase in Home Sales in the West
2008-09-03 15:26:00
The increasing rate of foreclosure homes has led to a drop in the value of home prices in the west such as Nevada and California in the month of July. This has in turn increased the rate of existing home sales. Nearly 1.1 million condominiums and pre-owned properties in the 13 state regions were sold ...
More About: Sales , Home , West
Foreclosures Affect Property Values in Florida
2008-09-02 16:24:00
Florida ranks second in its number of foreclosed homes, the first position being held by California. The foreclosures in these two states are so acute because the homeowners in a bid to buy and sell homes fast, over-inflated their property five years back. They inflated the values of their property through rapid sales with the ...
More About: Foreclosures , Property , Florida , Values
Down-Market for Philadelphia Home Sales
2008-09-02 15:54:00
Although there have been an increase in home sales in the western region of US, but the Philadelphia area has been reported with a down market in real estate home sales. There has been a decline of 22.6 percent in July in the eight counties of Philadelphia in comparison to the figure last year during ...
More About: Market , Sales , Home
North Jersey Foreclosures Has Tripled
2008-09-01 15:57:00
The real estate of North Jersey has been heavily hit in the first five months of 2008 by foreclosure homes. It is triple than what it was during the same period in 2007. The home sales have declined heavily and the foreclosures have raised sharply especially in the lower income towns of North Jersey. Between ...
More About: Foreclosures
Help from York to Avoid Foreclosures
2008-09-01 15:32:00
The increasing rate of foreclosure homes nationwide has led to the introduction of a new program by the York town Division of Housing. This program aims to provide help to the people in fighting the real estate foreclosure. A total of 5,800 foreclosures have been recorded across the state in the second half of 2007. Out ...
More About: Foreclosures , Avoid
Dallas Foreclosed Homes - Investment Opportunities
2008-08-28 16:53:00
You can most certainly plan to buy your new house or a new vacation home in any of the Dallas foreclosed homes as the place offers wonderful natural surroundings with complete leisure and comfort. Dallas foreclosed homes are basically those repossessed homes which have been acquired by the banks, government agencies or other major financial ...
More About: Investment , Homes , Opportunities , Foreclosed
Foreclosures Rising in Brown County
2008-08-28 14:59:00
A sharp rise is noticeable in the Brown County foreclosure homes. It has been observed that from January 1 to July 31 of 2008, a total of 255 homes in the Brown County have faced foreclosure filings. The economy of this place is really at stake which is having a bad effect on the real ...
More About: Foreclosures
San Diego Foreclosed Homes: 9 Percent Increase within One Month
2008-08-28 14:33:00
San Diego County has been reported with a sharp 9 percent increase in foreclosed homes in July from what it was in June. About 2,004 homes have received a foreclosure filing in July. Besides, there has been a massive 213 percent increase in the foreclosure filing as compared to 2007. This has hardly hit the ...
More About: San Diego , Homes , Foreclosed , Month
Indianapolis Mortgage Brokerages Lost Their Licenses
2008-08-27 16:11:00
In Indianapolis real estate, about 40 percent of mortgage brokerages have lost their licenses. These mortgage brokerages have failed to comply with a newly introduced law that has been aimed at elevating the industry standards in Indianapolis having one of the highest foreclosure rates in the nation. This is a 2007 industry-backed law that states ...
More About: Lost , Mortgage , Brokerages , Licenses
Foreclosure on 15 Homes of Lake Oswego Builder
2008-08-27 15:56:00
Roger Pollock, the owner of the Buena Vista Custom Homes , Inc. based in Lake Oswego has reported that the Sterling Savings Bank has issued foreclosure notice on 15 of his properties. Pollock happens to be one of the well-known and largest builders of Poland. He owns the credit of constructing a large number of homes ...
More About: Foreclosure , Builder
Miami Foreclosed Homes - Make a Safe Purchase
2008-08-26 17:09:00
Are you looking forward to buying property in Miami but get worried when see the skyrocketing prices of the real estate sector? Do you want to buy the property at highly affordable prices that suit your pockets in the best possible way? then Miami foreclosed homes can be a viable option that can fulfill your ...
More About: Homes , Make , Safe , Foreclosed
Renters facing the Brunt of Foreclosure
2008-08-26 15:28:00
A large number of renters who pay their rent timely are also becoming the victim of foreclosure. This is happening mainly due to the fact that their landlords who bought houses during their heydays and then rented them are now unable to cope up with the mortgages. The renters are facing ...
More About: Foreclosure , Facing
Liar Loans: The New Real Estate Problem
2008-08-26 15:09:00
The new real estate problem after foreclosure being faced by the people are the liar loans. This is a type of loan/mortgage that has been approved without any prior proof of the income or assets of the borrower. The worst of this loan are known as ninja loans, which means unable to repay due to ...
More About: Estate , Real Estate , Real Estate Market , Loans , Problem
Pets at Stake Due To Foreclosures in Valley
2008-08-25 16:29:00
The problem of foreclosure homes in the Valley , apart from real estate, is standing as a big threat to the pets especially the cats. The people who are facing the foreclosure problem are leaving their cats behind. There are many who have been calling up at the animal shelters seeking for a shelter to their ...
More About: Pets , Foreclosures
Home Foreclosures for Sale at Less than $100,000
2008-08-25 16:09:00
The problem of foreclosure homes has created a good real estate housing market. John Klahn who is a network engineer at an area hospital of Denver has bought 9 homes over the last one and a half years at less than $100,000 each. The slump in the prices of home has proved beneficial for some ...
More About: For Sale , Foreclosures , Home , Sale
Foreclosed Homes Causing Trouble to Valley Residents
2008-08-22 18:49:00
The Valley area real estate has reported a large number of foreclosures. One can find a many vacant homes in and around the region. Shirly Cody who is a resident of 16 Roeser Place, which is located at the junction of 16th Street and Roeser, has said that the surrounding becomes a mess when the ...
More About: Homes , Foreclosed
Foreclosures on Rise
2008-08-21 18:02:00
The towns of Milford and Metrowest area have not been able to keep themselves away from the mortgage crisis. Milford has reported a foreclosure count of 90 since January this year. There were about 42 foreclosures in 2007 which was only 15 in 2006. This year the situation is all the more worse. ...
More About: Foreclosures , Rise
Foreclosures in Upper Middle Class Areas
2008-08-18 17:30:00
The problem of foreclosures has also been hitting the middle and upper middle class families. This is affecting people from all income groups and professions. The scenario is worsening day by day. The slow pace of US economy together with the tight mortgage terms and conditions are responsible for it. Hampton Township is one of ...
More About: Foreclosures , General , Middle , Class , Middle Class
A Slow Rate in Foreclosure in Alabama
2008-08-15 15:59:00
Alabama has shown a record of 3,529 homes facing the problem of foreclosures from January to June of 2008 according to RealtyTrac, a real estate company that keeps a check on foreclosures. It is actually a 10.1 percent hike from what it was during the same period in the last year. About 3,203 homes in ...
More About: Alabama , Foreclosure , Slow , Rate
Increase in Broomfield and Boulder Foreclosures
2008-08-15 15:28:00
The foreclosures in the county of Broomfield and Boulder of Colorado are increasing day by day which is having a very negative effect on the real estate of the region. From January to June, it has been observed that there has been a 16 percent increase in the foreclosure filings in Colorado as compared to ...
More About: Foreclosures
People Going Back To Their Foreclosed Homes
2008-08-14 15:14:00
Richard Blumenthal, Attorney General along with the commissioners of the Department of Banking and Department of Consumer Protection has filed a case on 6th August against the Countrywide Financial Corp at the State Superior Court, Hartford. The allegation is that the Countrywide Financial Corp has violated several consumer protection as well as banking laws. It ...
More About: People , Back , Homes , Foreclosed
URLs Providing Access to $550 Billion Tax Foreclosure Market
2008-08-14 14:43:00
The US other than the foreclosure homes is also facing the problem of tax foreclosures. It has been observed that about $6.6 billion worth property in 2007 were in the tax foreclosure market. Besides, about $558 billion worth property were in the pre-foreclosure process last year. This is in fact a huge amount. Thus in ...
More About: Real Estate Market , Market , Foreclosure , Access , Billion
Foreclosures in Wisconsin - New Record
2008-08-13 19:27:00
The state of Wisconsin has made a record in its foreclosure filing in July. There has been a 31 percent increase from January to July of 2008 as compared to what it was in 2007 during the same period. It has been recorded that about 14,300 homes in the state of Wisconsin has faced a ...
More About: Foreclosures , New Record , Record
Foreclosures Increase up to a Glaring 67%
2008-08-12 19:46:00
Foreclosure homes in New York have gone up by 67 percent in July in comparison to what it was last year during the same month. This is in fact a big setback to the real estate industry of the city. This is mainly due to the slow pace of the US economy. The homeowners are ...
More About: Foreclosures
Wise Family in Foreclosure Trap
2008-08-11 19:27:00
A family in Grand Rapids, Michigan is facing foreclosure again due to their secret dealing. It is Jason and Tricia Wise who at the time of losing their home suddenly received a mail from a company named Canal Street Financial that wrote about saving their home on Grand Rapids’ northwest side. They called this to ...
More About: Family , Foreclosure , Trap
Foreclosure Ranking: Utah is The 14th Rank Holder
2008-08-11 19:07:00
Utah has earned the 14th position in the country in its foreclosures filing rate in the second quarter of 2008. As per a new report, there has been one foreclosure filing per 226 households in the second quarter in the state. It has increased by 113 percent from what it was during the same time ...
More About: Rank , Foreclosure , Utah , Ranking
Ohio Foreclosures Boiling Down
2008-08-08 14:23:00
The rate of foreclosures in the state of Ohio is flattening as per the reports of a firm that keeps a check on the US real estate foreclosures. It has also been stated by a lawyer, who has been playing a great role in providing help to the homeowners of Ohio to prevent foreclosures, that ...
More About: Foreclosures
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