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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 Crisis: Is Your City Getting Away? - I
2008-07-30 16:05:00 The Real estate condition in the country is really alarming, especially when it is judged from the angle of ?hangover of unsold homes?. The situation is expected to worsen if the economy gives way further. The mortgage meltdown and rise in the number of foreclosures will be the immediate results. This is the current overall ... More About: Foreclosure , City , Crisis
Foreclosure Rescue - Fed?s New Rules
2008-07-29 16:17:00 At last, Fed?s new rules have been approved for Roxanna Evans. She has a home in Ohio, which she bought some years ago, but didn?t stay there. Now she is facing foreclosure on that property. The mortgage lender along with the real estate agent and appraiser together are inflating the cost of the home. It ... More About: Foreclosure , Rules , Rescue
Foreclosure Sky-High Rates - Janet Yellen ?Deeply Concerned?
2008-07-28 20:04:00 At a conference on community stabilization in the wake of the housing crisis in Los Angeles, the President of the San Francisco Federal Reserve Bank, Janet Yellen, has expressed her concern about the raising rate of foreclosure. She is very much worried about its negative effects on not only real estate owners but also on ... More About: Concerned , Foreclosure , High , Rates
Fall in Number of Foreclosures in Butler County
2008-07-28 19:26:00 Good news from Butler County ! Number of real estate properties sent to sheriff?s sales in June has been reduced by 70% in comparison to last year?s number. According to Butler County Sheriff’s Office spokesman Sgt. Monty Meyer, the number of foreclosure is 106 homes in June 2008 while the number of sold real estate ... More About: Foreclosures , Fall
Fannie Mae, Freddie Mac Accelerate Foreclosure Aid Plan
2008-07-25 18:55:00 The Bush Administration is trying to save mortgage giants Fannie Mae and Freddie Mac, in order to prevent the nation?s economy crashing in mortgage defaults. The President and the Senators are eagerly waiting to pass a foreclosure aid plan. It would help 400,000 real estate owners in getting affordable fixed-rate loans. The White House approved ... More About: Foreclosure , Freddie Mac , Plan
Foreclosures 40% Higher In Long Island
2008-07-25 18:54:00 The monthly report of leading real estate data site, PropertyShark.com has shown the residential foreclosure situation in Long Island (Suffolk County, Nassau County), for the month of June 2008. The report has revealed some important facts; In Long Island , numbers of foreclosed homes have reached 693 homes in Q2 2008, which is 40% higher than ... More About: Foreclosures , Higher
Rising Rate of Foreclosures Cause Of Concern
2008-07-24 15:02:00 The number of foreclosure homes are on the way to increasing substantially more in 2008 as compared to 2007 in Boone, Ogle and Winnebago counties. The officials recorded the number to be 631 homes until June this year and this is supposed to cross 938, the total of 2007 easily. Among these three counties, the ... More About: Foreclosures , Rate
California Foreclosures, Fire and Mosquitoes
2008-07-24 14:24:00 California is in a hostile situation. Two main unavoidable reasons behind this situation are forest fires and an increasing rate of foreclosure. No way, the state is in any condition to fight against these two. Unfortunately, both of them raise the chance of spreading of the West Nile Virus, another alarming factor to the state. ... More About: California , Foreclosures , Fire , Mosquitoes
New President Unlikely To Have Control Over Foreclosures
2008-07-23 16:01:00 Whoever wins the president election in November; the number of foreclosure homes in the country will keep ascending. It is unlikely the new president would be able to control the situation as the value of real estate properties including homes are slumping with an increase in mortgage day by day. These debtors even owe more ... More About: President , Foreclosures , Control
Foreclosure Steam Seen Cooling In Denver County Area
2008-07-23 15:48:00 When the real estate market throughout the country is slumping, exceptionally good news has come from the seven county Denver area. The foreclosure filing rate has gone down by 7.5% in the second quarter over the first quarter. However, there have been 14,600 cases regarding foreclosure in the Public Trustee Offices during the first half ... More About: Foreclosures , Foreclosure , County , Area
Crisis in Stark County Foreclosures
2008-07-22 15:48:00 The situation is alarming in Stark County regarding foreclosure. Every year thousands of Stark residents are losing their real estate, property or home. Moreover, the number is heightening each year. Until June of this year, already almost 1,600 homeowners have become victim of the foreclosure situation, which is nearly 14.5% more than that of last ... More About: Foreclosures , Crisis
Foreclosures in Missouri - Over 200 Foreclosure Auctions
2008-07-21 16:32:00 Real Estate lenders in Missouri have appointed Hudson & Marshall, the most trusted and reliable Premier Auction Authority of the country, to organize an auction to sell the properties subject to foreclosure. In reference to this, H & M offered an auction at the Kansas City Sports Complex at 1:00pm on 12th July and another ... More About: Foreclosures , Foreclosure , Auctions
Foreclosure Prevention Pro Bono Project - Saving Homeowners
2008-07-21 16:05:00 Foreclosure Prevention Pro Bono Project is on its way to help the homeowners to release their real estate properties from the grip of lenders. It?s a project, rather a resolution, taken by Maryland nonprofit groups. The pioneer of this project, Mr. Robert M. Bell, the chief judge of Maryland?s Court of Appeals, has taken the ... More About: Foreclosure , Saving
Foreclosure - An Important Factor For The Presidential Election?
2008-07-18 17:03:00 Foreclosure may have a serious impact on voting rolls, especially in a state like Ohio. This is because many real estate owners have left their houses but continue to be registered at their previous addresses. They are expected to cast their votes as provisional votes, and those provisional votes may become the deciding factor for ... More About: Presidential , General , Foreclosure , Election , Factor
Foreclosures in Philadelphia - The Fight Begins
2008-07-18 16:33:00 The Sheriff of Philadelphia has stated that the network of counseling and credit mastering agencies that have attempted to help the families under threat of foreclosure or facing the loss of property through foreclosure, desperately need the City?s focus. So, the Sheriff and his committee has chosen to take actions in their hands and ... More About: Foreclosures , Fight
Foreclosed Homes Rise - Senate on Vacation
2008-07-08 14:46:00 From July 4th, the Senate comes back for a fresh start. But still, there will be more than 55,000 new foreclosed homes by then all across the nation. This is not even the whole picture though. There is more calamity predicted with over three million house owners falling under the precarious state of being foreclosed ... More About: Vacation , Homes , Rise , Foreclosed
Ten Year Foreclosure Record On The Verge Of Breaking
2008-07-08 14:28:00 Donald E. Ashe, the Hampden County Register of Deeds, has said that the mortgage foreclosure is going to break a long 10 year record very soon. He feels that the speed that the problem of foreclosures has taken now is surely going to break the earlier record in a very short span of time. This ... More About: Foreclosure , Record , Breaking , Year
Don?t Lose Your Pet To Foreclosure: Give it a Shelter
2008-07-07 12:57:00 The high scale foreclosures have been a big blow to the real estate industry. The pets are also facing a serious problem due to foreclosures as they are being abandoned by their owners who are confronting this problem. There are services provided by some of the pet shelters where people can always give their loved ... More About: Foreclosures , Foreclosure , Give , Shelter
Lake Elsinore Foreclosure Task Force Meets To Combat Foreclosures
2008-07-07 12:32:00 Mary Venerable, the Vice President of the Southwest Riverside County NAACP, has made tireless efforts to arrange a workshop for those who want a solution to house foreclosures. The problem has greatly moved her and she is highly proactive to help the people in combating this problem of foreclosures. She has always believed that the ... More About: Foreclosures , Foreclosure , Force , Combat , Lake
Foreclosure Filings Increase 48% In US - May 2008
2008-07-04 14:08:00 There has been a 48 percent increase in the month of May, 2008 in the US Foreclosure filings. A minimum of one foreclosure filing has been received by about 261,255 households throughout the nation in May. This is a great crisis situation that has provided a major setback to the real estate sector of US. ...
Massachusetts House Foreclosures - Short-term Discontinuation
2008-07-04 13:15:00 Massachusetts owns the credit of being the most densely populated one among the six New England states of north-eastern Unites States. It has provided a major boost to the real estate industry of this place. But the problem of house foreclosures is a big enemy of the Massachusetts real estate. As per the reports of one ... More About: House , Foreclosures , General , Massachusetts , Short-term
Humboldt County Foreclosures On The Rise Again
2008-07-03 17:57:00 Foreclosed homes are a serious problem that has put the homeowners in a situation of utmost despair. It has caused a great harm to the real estate as well. The Humboldt County foreclosures has shown its highest record of foreclosure filings this April over the last 30 years. There has been a total of 63 ... More About: Foreclosures , Rise
Loan Counselors: Help to Avoid House Foreclosures
2008-07-03 17:27:00 Are you a defaulter of home loan or unable to pay the money that you have invested in the real estate? Well, in today?s world it has been markedly seen that there are a large number of veterans in US who take home loans and ultimately fail to repay the same when required. This leads ... More About: House , Foreclosures , Loan , Avoid
Windham County Home Foreclosures Rise
2008-06-30 12:19:00 Connecticut, a state that is ideally situated in the New England region of north-eastern USA is today a victim of foreclosures. There has been a tremendous rate of house foreclosures in the cities of Connecticut and the worst sufferer is the Windham County . Even after this, the foreclosures and distress sales of this state are ... More About: Foreclosures , Home , Rise
Rising Maintenance Costs Of Vacant Homes Worry Kansas City
2008-06-30 11:40:00 When a homeowner defaults on mortgage payments and is compelled to vacate the property, who becomes responsible for its upkeep? Kansas City officials are spending thousands of dollars looking after vacant properties because they are unable to locate the owners. During the last fiscal year itself, the city raked up a bill of $ 1.4 million ... More About: Foreclosure , Worry
Foreclosures Raise Other Concerns For The Community
2008-06-27 07:30:00 The rate of foreclosures continues to rise unabated in many parts of the country. Market analysts expect this trend to continue throughout 2009 before there is a turn in fortunes. In the mean time however this increased foreclosure rate is spawning a whole gamut of other concerns. Residents of areas which are experiencing a number ... More About: Foreclosures , Community , Mortgage , Concerns
Foreclosures Now Common In Affluent Hampton Neighbourhoods
2008-06-27 06:58:00 Located in the affluent Highland Terrace in Bridgehampton, the Hampton s Designer Showhouse is built on more than 4 acres of land. The 8 bedroom home has a mortgage of $ 4.4 million and is currently in the initial stages of foreclosure. So are four other properties on the ocean facing Dune Road. Surprising? Not any ... More About: Foreclosures , Mortgage , Common
Being Optimistic About Foreclosures
2008-06-26 07:01:00 A leading information portal, Foreclosure s .com has recently claimed that the foreclosure tide may have finally started turning. Specialising in foreclosure related information the company supports its claims with figures that show that the rate of foreclosures appears to be dropping over April and May of this year. The data shows that not only has ...
Federal Help Needed To Combat Foreclosures
2008-06-25 06:48:00 Rising foreclosures are affecting state economies and the after effects are being felt in every quarter. Real estate analysts predict that the situation will start improving post 2009, although foreclosures will continue to take place throughout the decade. In the meantime however every kind of credit quality is experiencing delinquency in payments where earlier subprime ... More About: Foreclosures , Combat
Complex Mortgages Complicate Issue Of Ownership In Foreclosures
More articles from this author:2008-06-24 09:32:00 Usually, when distressed homeowners abandon a property when they are unable to keep up with mortgage payments, the lender takes over possession. The home is then rapidly disposed of through foreclosure auctions so that the losses are minimised and unpaid dues recovered. Recently however, more and more abandoned houses are being shunned by the lenders ... More About: Foreclosures , Foreclosure , Mortgages , Complex , Issue 1, 2, 3, 4, 5, 6, 7 |
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