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Foreclosure WareHouse BlogForeclosure WareHouse BlogThe 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 Articles
Foreclosure in Sonoma County Drops By the Year End
2009-02-05 15:18:00 The rising number of foreclosures that swept over Sonoma County began to gradually decline by the end of 2008. This is the first drop in three years, but the analysts have warned another tide that economy might face. Some of the decline was due to the new state laws which aimed at slowing the foreclosure process. ... More About: Foreclosure , Year
Foreclosures Rise in California
2009-02-04 13:32:00 The rising number of foreclosures and unemployment has worsened the economy of California . It was reported on Wednesday that the rise in foreclosures have been 180 percent more than 2007. According to data published by the Los Angeles Times on Wednesday, till now more than 236,000 homes were lost due to foreclosure in California last ... More About: Foreclosures , Rise
Saddlebrooke Not Affected by Foreclosures
2009-02-04 12:55:00 The whole of America has been severely affected by foreclosures in the current sagging economy, but only one community is not affected during this period. This is Saddlebrooke community. The Christian county witnessed a number of foreclosures in the year 2008.The communities of Saddlebrooke which is located off U.S. 65 in southern Christian County was ... More About: Foreclosures
Fed Takes Step to Help Distressed Home Owners
2009-02-03 14:11:00 The Federal Reserve is taking steps to help the distressed borrowers in their homes, but this may not be of great help for the sinking housing industry. But for the time being bring some relief to the people who have lost their homes. The new relief plan would require billions of dollars of mortgage assets the ... More About: Home , Step , Owners
Rise in Local Foreclosures
2009-02-02 17:19:00 The sale of homes in Baraboo has decreased by 45 percent; about 30 percent of homes have been foreclosed and the average cost of a house has declined to the level of 2005 or 2006. This was confirmed by the city?s assessment firm on Tuesday. The contracted assessor of city and Wisconsin Appraisal Manager Mark A. ... More About: Foreclosures , Local , Rise
State Senator Files Bill to Lower Foreclosures
2009-02-02 15:50:00 The State Senator Karen Tallian, D-Ogden Dunes, wants the lenders to negotiate with financially troubled Hoosier mortgage holders before initiating for the home foreclosure proceedings. He said, his government is trying hard to stop some of these before they ever get to the courts. In 2007, there were some 40,000 mortgage foreclosures filed in ... More About: Foreclosures , Indiana , Lower , Files
Wayne County Sheriff Sends Letter to the Governor to Halt Foreclosures
2009-01-30 17:46:00 The Michigan Governor Jennifer Granholm received a letter from the Sheriff of Wayne County asking her to take direct action against the home foreclosure crisis. The Wayne County Sheriff Warren Evans has asked the governor to declare a state of emergency in the county. The city of Detroit is in Wayne County, and according to a ... More About: Foreclosures , Letter
The Officials Warn People Against Foreclosure Scam
2009-01-30 17:27:00 The increase in number of foreclosures has affected homeowners badly. Now, they are also falling into the prey of swindlers who are taking advantage of families whose homes have been foreclosed. A number of complaints have been lodged regarding foreclosure scams. Mayor Antonio Villaraigosa and a host of bankers, legal aid lawyers and law enforcement officials ... More About: People , Foreclosure , Scam
Foreclosures Increase in December in San-Diego
2009-01-29 12:39:00 The house defaults in San Diego increased by 121 percent in December over November dampening the hopes of the housing industry. According to MDA Data Quick research firm, there were about 3,052 notices of default last month, ending a lull in foreclosure activity that began in the month of September. The notices mark the start ... More About: Foreclosures
Obama?s nominee for housing secretary offers more solutions to meet the gro
2009-01-28 15:11:00 Barrack Obama ?s secreatarial nominee for housing, Shaun Donovan, asserted on Tuesday that serious action against the foreclosure issue was the need of the hour. He makes his assertion at a moment as he gets ready to take charge of an agency, under severe scrutiny for not being able to find a solution to the growing ... More About: Housing , Meet , Offers , Solutions
Workshop sought to help borrowers ride out the foreclosure crisis
2009-01-28 14:19:00 The foreclosure issue continues to haunt the borrowers in Nevada and across the country. Almost thousands of homes in North Las Vegas have faced foreclosure. Signs of foreclosure are put up in almost all neighborhood areas of North Las Vegas. Realtytrac.com, a foreclosure listing firm based in California reports that approximately 1,400 households have been ... More About: Workshop , Ride , Foreclosure , Crisis
Senate presents Legislation to reduce Foreclosures
2009-01-27 14:30:00 A law set forth by the 2nd Democrat of U.S. Senate on January 6, seeks to help the judges in bankruptcy, decrease the number of mortgage debts. This in a major way would forestall the excessively growing number of foreclosures. Senator Richard Durbin made the law. The main purpose of this law is to assist ... More About: Presents , Foreclosures , Reduce , Legislation
Sale of properties coincide with a record rate of foreclosures in St. Charl
2009-01-27 13:13:00 St. Charles County witnessed an increase in a sale of houses during the months of September and October in 2008. Will the sale of properties bring about an addition in the inventory? Mark Stallman, the CEO of the Association of Realtors contended that increases in population are a signal of an improving housing market. Stallman ... More About: Foreclosures , Sale , Record , Rate , Properties
Rate of foreclosures increase threefold from 2007 to 2008 in Orlando
2009-01-26 15:02:00 Orlando is reported to be the seventh largest in the country in terms of foreclosure of properties. A report in the end of the year estimated that one in every 18 homes was sent default notices. About 46,843 households were badly hit with foreclosure filings in the previous year in the metro county area. Figures of ... More About: Foreclosures , Orlando , Rate , 2008
Foreclosures go down in the Wayne County
2009-01-26 14:31:00 Detroit, the metro county seat of Wayne saw a decline in the foreclosure rates in the end of last year. The number of foreclosures decreased almost by 5 percent in the month of December last year compared with the foreclosure rate in December, 2007. This came as a surprise amidst the massive foreclosures and ... More About: Foreclosures , General , County , Wayne County
Foreclosures affect 906 properties in Santa Cruz County
2009-01-23 14:01:00 Foreclosure proceedings rocketed in Santa Cruz County , touching a record level, as 906 homes were set for action. These figures doubled the 392 homes sold during the 1983 economic meltdown. The homes auctioned in Santa Cruz saw a 248% increase compared to 159 percent foreclosures across all states. Foreclosure filings increased by 167 percent compared to ... More About: Foreclosures
Foreclosure Filings increase by 81% in the year-end
2009-01-23 13:15:00 Over 2.3 million properties of American homeowners were foreclosed in the previous year. This was estimated to be an 81% increase from 2007. The situation is anticipated to become even worse, with frequent layoffs, a downturn in investment portfolios and lowering of home rates deeply affecting the modern consumer Over 860,000 homes were actually seized ... More About: Foreclosure , Year
Foreclosure filings increase by 151% in the Albany County
2009-01-22 12:59:00 Filings of property foreclosures increased by 151 percent in the previous year in Albany, in N.Y, region. The figures brought out a few days ago estimated that the number of householders threatened with the foreclosure crisis is a small fraction of the property stocks. RealtyTrac, a foreclosure listing firm based in Irvine, Calif reported that the ... More About: Foreclosure , County
Renters Bear The Brunt Of Foreclosures
2009-01-22 12:34:00 Foreclosures have affected renters in a major way. The case of Mark Heslin is an indicator. He was unfortunate to see both the properties he was renting, facing foreclosure. Such cases run rampant today in the real estate markets of Phoenix and others. In Phoenix, renters are forced to move out as soon as the ... More About: Foreclosures , Bear
Pima County All Set To Purchase Foreclosed Property
2009-01-21 13:07:00 About $1.5 million is expected to be invested in reasonably-priced housing bond funds by Pima County . It is a step towards safeguarding regions and neighborhoods severely affected by the foreclosure crisis. A vote of agreement was passed by the Board of Supervisors, this Tuesday to this effect. The bond funds are to be utilized along with ... More About: Property , Foreclosed , Purchase
Year-end foreclosures in California signals impending doom
2009-01-21 12:19:00 A report from the ForeclosureRadar, a Discovery Bay company, showed that about a quarter-million California houses faced foreclosure in 2008, which was even greater than the properties foreclosed in 2007. The company further mentioned that December saw the issuance of a large number of default notices, replicating once again a situation during summer last year. This ... More About: Foreclosures , Doom , Year
Homeowners In Monroe County Turn To Federal Courts for Foreclosure Cases
2009-01-20 13:10:00 The home foreclosure cases of Monroe County processed in federal court have decreased in number.The Monroe County Sheriff’s Department handles the record number of foreclosures filed in county court. In October 2008, only three Monroe County foreclosure cases resulted in mortgage holders repossessing the homes through a federal court sale. After that no federal foreclosure filings ... More About: Foreclosure , Courts , Cases , Turn
Residents of West Virginia Become Homeless
2009-01-19 14:52:00 The rise in number of foreclosures has left many people homeless in West Virginia . The numbers have increased between January 2005 and January 2007. The study was released on Monday according to a Washington D.C based group. According to the new report from the National Alliance to prevent foreclosures, people have become homeless in the Mountain ... More About: Homeless
Foreclosures in Belknap County Rise Again
2009-01-19 14:10:00 Belknap County is steadily witnessing number of foreclosure rates. This statistics was kept by the Belknap County Registry of Deeds. In the past decade the numbers of foreclosure deeds in the county have gone from double digits to triple digits. According to Russ Thibeault of Applied Economic Research, the increasing numbers of foreclosure are closely tied ... More About: Foreclosures , New Hampshire , Rise
Tennessee Builders Take Steps to Prevent Further Foreclosures
2009-01-17 19:09:00 The home builders of Tennessee are pushing congress to formulate laws to revive the housing industry of America. The housing industry was badly affected due to present economic state. Most of the builders want that the new administration should enact and approve a stimulus to minimize foreclosures. Phil Chamberlain, a member of the Home Builders Association ... More About: Foreclosures , Steps
Fannie Mae Brings Some Ray of Hope for the Home Owners
2009-01-16 14:05:00 Fannie Mae, one of the major government aided enterprise of America has launched a new program to prevent further foreclosures in the state. This program allows short sales of homes, in which the mortgage companies allow the homeowners to sell off their properties for a lesser value than existing loans. The number of mortgage defaulters has ... More About: Home , Hope , Fannie Mae , Owners
New Jersey proposes programs to fight imminent foreclosures
2009-01-16 13:16:00 New Jersey ushers in three state programs to bring some relief to its homeowners facing foreclosures. Legislation signed by Gov. Corzine yesterday, seeks to create two of the three state programs. He said that ?The magnitude of the foreclosure crisis has made many New Jersyans feel that maintaining their dream of home ownership is beyond ... More About: Foreclosures , Programs , New Jersey , Fight
38 Percent Decline in Salt Lake County Home Sales
2009-01-15 13:53:00 The sales activity of homes and condos in Salt Lake County in the month of November went a 13-year low due to foreclosure. The sales activity has come down by 38 percent from what it was a year back during the same period. A total of 924 units were sold in November 2007. This in ... More About: Sales , Home
Old Tool Revamped To Sell Foreclosed Houses
2009-01-14 19:36:00 In the present economic crisis, a revamped version of old home finance tool can of great help for credit -starved buyers. It can be used to purchase new houses in the foreclosed homes of Minneapolis and St. Paul. The program was announced on Wednesday which uses contracts for deed with new protection. It also fulfills ... More About: Houses , Tool , Sell , Foreclosed
Obama?s Government Develop Bailout Plans To Prevent Further foreclosures
More articles from this author:2009-01-14 13:36:00 The lawmakers of U.S are trying to implement economic recovery package by the mid of next month. Most of the desperate home builders from all over the state flew to Washington on Wednesday to push $150 billion plan to revive the housing market industry. Around 80 builders from ?The National Association of Home Builders? attended the ... More About: Government , Foreclosures , Obama , Plans , Develop 1, 2, 3, 4, 5, 6, 7 |
