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Foreclosure Update: Happier Days on the Way for Judicial States
2012-02-01 14:03:00 America has become a nation of two foreclosure realities: judicial states, where judicial review is required for every foreclosure, and non-judicial states. Both have their processing problems, but delays in judicial states are setting new records and impacting local real estate economies. December data from Lender Processing Services (LPS) paints a picture of increasingly clogged ...This Article is Copyright © 2004-2011 BiggerPockets, Inc. All Rights Reserved. Foreclosure Update: Happier Days on the Way for Judicial States
How to Buy a Cheap Foreclosure
2012-01-20 06:00:00 Buyers tend to lean toward checking out foreclosures for one reason and one reason only, and that is to buy a cheap foreclosure. Because it's the cheap price on that foreclosure that makes up for the hassle of dealing with the bank, the asset manager, the confusing bank addendums and the foreclosure bank's 'as is' policy. At least in theory that's how it's supposed to work. But not every foreclosure is a cheap foreclosure. I'm seeing movement, though, toward banks pricing their foreclosures more in line with the comparable sales. Of course, many of those comparable sales are, no surprise here, short sales and foreclosures . . . read more about cheap foreclosures. More Articles by Elizabeth Weintraub: How to Make a Foreclosure Offer The Drawbacks to Buying a Foreclosure Should You Buy a Foreclosure or a Regular Home? ©Big Stock Photo Technorati tag: cheap foreclosure At the time of writing, Elizabeth Weintraub, DRE # 00697006, is a Broker-Associate at Lyon Real Estate...
Foreclosure Filings Fall To 49-Month Low
2012-01-18 14:45:00 Foreclosure filings are fewer these days, according to foreclosure-tracking firm RealtyTrac.
Anti-Foreclosure Campaign OWS Becomes History
2012-01-06 10:00:00 The OWS movement is being given recognition by the institutions that collect items in their archives for preserving history. Noted museums and other bodies are feverishly collecting placards, documents, fliers etc of the movement. OWS itself has set up its archival section. The digital preservation of its online activities is a distinctive feature.Do you have a Real Estate blog? Join ForeclosureListings.com Affiliate Program. ForeclosureListings.com has a comprehensive, searchable database of foreclosures in areas like Columbus, Bronx, Derry, Missoula and in the whole country. Try to search foreclosures by state today! Anti-Foreclosure Campaign OWS Becomes History
The future of the young American homebuyer. Average foreclosure timeline j
2012-01-06 04:32:00 Young Americans have a challenging road ahead especially when it comes to buying in large metro areas. Since the Great Depression jarred the psyche of our economic fundamentals, each subsequent decade brought on a belief, a vision that the next decade would have it better. For most this meant a better road to economic prosperity ...
Those Who Designed the Foreclosure Crisis is Now Helping to Solve the Probl
2012-01-05 10:00:00 Many of those who have crafted plans for the conversion of foreclosures of Fannie Mae and Freddie Mac were previously closely connected with bringing about the sub-prime crisis. Some are facing lawsuits regarding the role they played during the booming years. Now they are holding important posts in other firms.Do you have a Real Estate blog? Join ForeclosureListings.com Affiliate Program. ForeclosureListings.com has a comprehensive, searchable database of foreclosures in areas like Columbus, Bronx, Derry, Missoula and in the whole country. Try to search foreclosures by state today! Those Who Designed the Foreclosure Crisis is Now Helping to Solve the Problem
The Federal Law Enforcers Seem Strangely Silent on Criminal Foreclosure Fra
2012-01-04 10:00:00 Reuters had done some digging to find in the bankruptcy court of New York many discrepancies in the documents submitted by banks in foreclosure matters. Office of U.S. Attorney has a routine follows up criminal charges against small fry. Why is Wall Street fraudsters, despite evidence, conspicuously absent from their list?Do you have a Real Estate blog? Join ForeclosureListings.com Affiliate Program. ForeclosureListings.com has a comprehensive, searchable database of foreclosures in areas like Columbus, Bronx, Derry, Missoula and in the whole country. Try to search foreclosures by state today! The Federal Law Enforcers Seem Strangely Silent on Criminal Foreclosure Fraud
Bankruptcy is Another Alternative for Stopping Foreclosure
2012-01-03 10:00:00 Bankruptcy helps people to stay in their homes and is especially helpful to those ignored by lenders trying to modify their loans. A new programme is scheduled to kick off in Berks County from 1st January that would compel the lenders? representatives to meet directly the borrowers, if the latter so desire it.Do you have a Real Estate blog? Join ForeclosureListings.com Affiliate Program. ForeclosureListings.com has a comprehensive, searchable database of foreclosures in areas like Columbus, Bronx, Derry, Missoula and in the whole country. Try to search foreclosures by state today! Bankruptcy is Another Alternative for Stopping Foreclosure
Twilight of the Foreclosure Time
2011-12-21 19:25:00 Most folks who buy and sell distressed property for a profit secretly expect that eventually the day will come when foreclosures will no longer account for one out of every three homes sold in America. Someday the Foreclosure Time will indeed end, though most likely not within the next two years. It?s end, however, is inevitable and ...This Article is Copyright © 2004-2011 BiggerPockets, Inc. All Rights Reserved. Twilight of the Foreclosure Time
Anti-Foreclosure Occupy Movement Takes a New Turn
2011-12-21 10:00:00 The Occupy protestors have taken to direct action across the country in a big way. The homeless are being settled in vacant houses, former house owners are returning to their homes with their belongings while some are promising not to leave until force is used. All are complaining that the banks ignored their repeated pleas for loan modification.Do you have a Real Estate blog? Join ForeclosureListings.com Affiliate Program. ForeclosureListings.com has a comprehensive, searchable database of foreclosures in areas like Columbus, Bronx, Derry, Missoula and in the whole country. Try to search foreclosures by state today! Anti-Foreclosure Occupy Movement Takes a New Turn
How to Setup Foreclosure Based Real Estate Marketing Squeeze Pages
2011-12-08 19:06:00 According to a recent article submitted by Inman News, there are more foreclosures being processed right now than ever before. In fact, just between the months of September and October alone, foreclosure starts jumped by 5.7%. On the other hand, Inman has also reported that the long term outlook for foreclosure properties looks positive. Therefore, ...This Article is Copyright © 2004-2011 BiggerPockets, Inc. All Rights Reserved. How to Setup Foreclosure Based Real Estate Marketing Squeeze Pages
Modern Leschi Townhome Foreclosure
2011-11-30 01:52:00 Foreclosed new construction modern Leschi Townhomes now offered up to 27.6% below original prices from a year ago. Similar posts you may find interesting:Spotlight: Ballard Place Townhome CityView Condos – Leschi Spotlight: Fremont6 Townhomes Condo Updates
Foreclosure Filings Climbing; 4 States Account For Half Of Nationwide Activ
2011-11-15 14:45:00 According to foreclosure-tracking firm RealtyTrac, October's foreclosure filings rose 7 percent to 231,000 filings nationwide. Activity concentrated in just 4 states nationwide -- California, Florida, Michigan and Illinois.
Another Wave of Foreclosure is Ready to Hit the Nation Again
2011-11-14 12:07:00 According to the latest reports by the experts, the number of foreclosure filings and its related processing are increasing in Pueblo once again like other parts of the nation. Although the numbers are increasing, according to experts, this increase will not be as high as 2009.Looking Foreclosed Homes? ForeclosureWarehouse.com has the best online resources of foreclosures in California, Florida, Georgia, Michigan, Texas and all US States - Another Wave of Foreclosure is Ready to Hit the Nation Again
Foreclosure Numbers Shows that the Foreclosure Crisis is Not Over Yet
2011-11-09 12:39:00 On the basis of the number of foreclosure cases that were filed in the courthouse, it was found that the number of foreclosed properties in Sedgwick County has dropped in the last quarter and this decline continued till October.Looking Foreclosed Homes? ForeclosureWarehouse.com has the best online resources of foreclosures in California, Florida, Georgia, Michigan, Texas and all US States - Foreclosure Numbers Shows that the Foreclosure Crisis is Not Over Yet
Bank of America ? Loan Modifications to Avoid Foreclosure
2011-11-08 12:36:00 According to Bank of America, there is a list of 30,000 distressed homeowners who are behind in their mortgage payments and are facing foreclosure. These homeowners have been invited by the bank for a discussion on loan modification.Looking Foreclosed Homes? ForeclosureWarehouse.com has the best online resources of foreclosures in California, Florida, Georgia, Michigan, Texas and all US States - Bank of America – Loan Modifications to Avoid Foreclosure
Deficient Amounts to Be Paid by the Homeowners
2011-11-07 13:03:00 While selling a foreclosed property through a short sale or foreclosure auction, many times lenders faces a huge loss due to the price gap between the mortgage amount and the selling amount. The banks are taking legal help to claim this deficient amount from the homeowners.Looking Foreclosed Homes? ForeclosureWarehouse.com has the best online resources of foreclosures in California, Florida, Georgia, Michigan, Texas and all US States - Deficient Amounts to Be Paid by the Homeowners
New Regulation for Foreclosed Properties in Fountain Valley City
2011-11-04 12:02:00 The Council of Fountain Valley City adopted a regulation on this Tuesday which asks lenders to register foreclosed properties and take care of the maintenance work of those properties of the city. This regulation has been promoted in the city for ensuring enough safety for the people of the city.Looking Foreclosed Homes? ForeclosureWarehouse.com has the best online resources of foreclosures in California, Florida, Georgia, Michigan, Texas and all US States - New Regulation for Foreclosed Properties in Fountain Valley City
Promoting Mediation Programs: Good or Bad?
2011-11-03 12:44:00 Maine, Connecticut, Vermont and New Hampshire and the other important Rhode Island cities are taking the help of mediation programs to avoid foreclosure but Massachusetts is totally out of this system. There was no such law in Bay State till August but it also initiated the program when Springfield adopted a local law of mediation.Looking Foreclosed Homes? ForeclosureWarehouse.com has the best online resources of foreclosures in California, Florida, Georgia, Michigan, Texas and all US States - Promoting Mediation Programs: Good or Bad?
Increasing Number of Foreclosures in Jefferson County
2011-10-31 12:26:00 Recently, in a news report it has been reported that maximum number of eviction cases are going on in Louisville, which has never happened before. The rate of foreclosure was up 21% in Jefferson County the previous year in comparison to 2009. There are nearly 5,300 foreclosed properties in Jefferson County.Looking Foreclosed Homes? ForeclosureWarehouse.com has the best online resources of foreclosures in California, Florida, Georgia, Michigan, Texas and all US States - Increasing Number of Foreclosures in Jefferson County
A New York ?foreclosure mill? law firm celebrates Halloween by mocking thos
2011-10-31 02:06:00 What the Costumes Reveal 1 2 3 4 5 6 Photos from a former employee of the law firm of Steven J. Baum: Two Steven J. Baum employees mocking homeowners who have been foreclosed on. By JOE NOCERA Published: October 28, 2011 On Friday, the law firm of Steven J. Baum threw a Halloween party. The firm, ...
By: News for Greens
Mediation Programs for Foreclosure Cases in Florida
2011-10-28 13:04:00 According to the judicial committee, the Supreme Court of Florida must stop interfering into the foreclosure process and must not carry on with its mediation programs because the success rate of the mediation programs is only 4% across the state.Looking Foreclosed Homes? ForeclosureWarehouse.com has the best online resources of foreclosures in California, Florida, Georgia, Michigan, Texas and all US States - Mediation Programs for Foreclosure Cases in Florida
CalHFA Still Pushes them Into Foreclosure
2011-10-27 13:39:00 A recent report has been published by the California Senate which states that the renowned California Housing Finance Agency (CalHFA) is pushing many mortgage properties of borrowers into foreclosure, and there are borrowers who are currently paying their regular mortgage payments in the list of these borrowers.Looking Foreclosed Homes? ForeclosureWarehouse.com has the best online resources of foreclosures in California, Florida, Georgia, Michigan, Texas and all US States - CalHFA Still Pushes them Into Foreclosure
Courthouse Decision in Favor of Homeowners Facing Foreclosure
2011-10-24 13:50:00 An appeal in the courthouse 4th District Court of Appeal is leaning towards the homeowners of Wellington whose lifestyle has been shattered due to foreclosure issues. Attorneys of the LaSalle Bank said that this result may cause ?calamitous confusion? and could snarl all the pending cases of foreclosure.Looking Foreclosed Homes? ForeclosureWarehouse.com has the best online resources of foreclosures in California, Florida, Georgia, Michigan, Texas and all US States - Courthouse Decision in Favor of Homeowners Facing Foreclosure
Foreclosure Auction Shows an 8% Increase in Foreclosures in Tarrant County
2011-10-21 13:27:00 Tarrant, Denton, Collin and Dallas counties made up the metropolitan area and the total foreclosure postings in all these counties summed up to 4,455 this November, which is 6.6% up from the number of postings in October. However, the number is lower by 4% than the same period last year.Looking Foreclosed Homes? ForeclosureWarehouse.com has the best online resources of foreclosures in California, Florida, Georgia, Michigan, Texas and all US States - Foreclosure Auction Shows an 8% Increase in Foreclosures in Tarrant County
Reports Show a 34% Drop in Foreclosure Filings Last Quarter
2011-10-20 13:42:00 According to the data provided by the giant real estate firm, RealtyTrac Inc. the number of filings of foreclosure went down by 34% after the second quarter of this year, and this has happened because lenders are now very attentive about processing their mortgage documents. Looking Foreclosed Homes? ForeclosureWarehouse.com has the best online resources of foreclosures in California, Florida, Georgia, Michigan, Texas and all US States - Reports Show a 34% Drop in Foreclosure Filings Last Quarter
Foreclosure Rates in the Different Counties of Georgia Spike in September
2011-10-19 13:40:00 The rates of foreclosures spiked in the region of Atlanta and Douglas County during the last month, whereas across the nation Georgia is still fourth in the list for the highest foreclosure filings. As such, there is no sign of any improvement apart from the fact that in comparison to the rates of 2010, this year?s rate has decreased.Looking Foreclosed Homes? ForeclosureWarehouse.com has the best online resources of foreclosures in California, Florida, Georgia, Michigan, Texas and all US States - Foreclosure Rates in the Different Counties of Georgia Spike in September
Foreclosure Rate Drops For The 12th Straight Month
2011-10-18 14:48:00 Foreclosure activity continues to slow throughout the United States.
Proposal to Convert Florida to a Non-Judicial Foreclosure State
2011-10-17 13:51:00 In order to streamline the process of foreclosure, a bill has been filed by the Representative of Republic, Kathleen Passidomo. This bill is known as the ?Florida Fair Foreclosure Act? which aims to transform Florida into a non-judicial foreclosure state.Looking Foreclosed Homes? ForeclosureWarehouse.com has the best online resources of foreclosures in California, Florida, Georgia, Michigan, Texas and all US States - Proposal to Convert Florida to a Non-Judicial Foreclosure State
$2 Million as Compensation for Faulty Foreclosure Cases
2011-10-11 14:30:00 New York based foreclosure law firm of Steven J. Baum is one of the largest firms in the nation, and this renowned firm is going to have to pay $2 million as compensation and will also reform its methods of handling the foreclosure cases.Looking Foreclosed Homes? ForeclosureWarehouse.com has the best online resources of foreclosures in California, Florida, Georgia, Michigan, Texas and all US States - $2 Million as Compensation for Faulty Foreclosure Cases
Increase in Foreclosure Rates Takes a Toll on the Health of Homeowners
2011-10-10 14:41:00 The thought of losing the haven or carrying the burden of large amounts of mortgage payments is taking a toll on the health of millions of homeowners who are surviving in this foreclosure crisis. A recent statistical report showed that the impact of foreclosure was quite adverse on the health of many homeowners.Looking Foreclosed Homes? ForeclosureWarehouse.com has the best online resources of foreclosures in California, Florida, Georgia, Michigan, Texas and all US States - Increase in Foreclosure Rates Takes a Toll on the Health of Homeowners
Remarkable Drop in DFW Foreclosure Postings
2011-10-07 14:18:00 The total number of foreclosure postings in all the four most populous counties of North Texas is considerably lower for the past few months, and this has been a trend for a long time. Although the rate of foreclosure is down, all the counties in the region continue to maintain a certain level of postings.Looking Foreclosed Homes? ForeclosureWarehouse.com has the best online resources of foreclosures in California, Florida, Georgia, Michigan, Texas and all US States - Remarkable Drop in DFW Foreclosure Postings
Three Supervisors and Ting Trying to Solve the Foreclosure Crisis in San Fr
2011-10-06 15:08:00 Recently, Phil Ting, the Assessor Recorder and three supervisors from San Francisco called for a legislative action in a discussion organized at the City Hall which can help struggling homeowners who can avoid foreclosure with proper guidance.Looking Foreclosed Homes? ForeclosureWarehouse.com has the best online resources of foreclosures in California, Florida, Georgia, Michigan, Texas and all US States - Three Supervisors and Ting Trying to Solve the Foreclosure Crisis in San Francisco
US Banks Need a Year or More to Sort Out the Foreclosure Cases of the Natio
2011-10-05 14:44:00 As per the recent announcement by a regulator of one of the largest federal bank of the US, there are still an ample number of pending foreclosures across the nation and these US banks need nearly a whole year to resolve this huge pile of pending foreclosure cases which are effecting the economy of the country as well as the housing market. Looking Foreclosed Homes? ForeclosureWarehouse.com has the best online resources of foreclosures in California, Florida, Georgia, Michigan, Texas and all US States - US Banks Need a Year or More to Sort Out the Foreclosure Cases of the Nation
Riverfront Towers in Detroit Under Foreclosure Can Benefit Some Residents
2011-10-04 14:55:00 Recently $55 million worth of default notices for mortgages have been issued and that is an alarm bell for the government sponsored mortgage firm, Fannie Mae which has prompted it to seek the help of a federal judge while appointing a receiver who can possess the twin towers of Riverfront Towers of Detroit located on the western side of the Joe Louis Arena.Looking Foreclosed Homes? ForeclosureWarehouse.com has the best online resources of foreclosures in California, Florida, Georgia, Michigan, Texas and all US States - Riverfront Towers in Detroit Under Foreclosure Can Benefit Some Residents
The Distress of Foreclosure Crisis has Slightly Moved Away from Coachella V
2011-10-03 14:52:00 Coachella Valley is showing significant outcomes this year with 16.3% drop in the number of foreclosure cases in comparison to the cases that were registered in the month of August last year. The month of August 2011, also witnessed a drop in the number of bank repossessions and the number of issued notices of default for the mortgage properties.Looking Foreclosed Homes? ForeclosureWarehouse.com has the best online resources of foreclosures in California, Florida, Georgia, Michigan, Texas and all US States - The Distress of Foreclosure Crisis has Slightly Moved Away from Coachella Valley
Homeowners are Fighting Lawsuits to Win their Foreclosed Properties Back
2011-09-30 14:22:00 There are innumerable homeowners whose lifestyle got immensely affected during this foreclosure session. However, while many of them have succeeded in braving the adverse situations, some of them are still living in a completely devastated condition.Looking Foreclosed Homes? ForeclosureWarehouse.com has the best online resources of foreclosures in California, Florida, Georgia, Michigan, Texas and all US States - Homeowners are Fighting Lawsuits to Win their Foreclosed Properties Back
BofA May Lead More Homeowners Into Foreclosure
2011-09-28 14:27:00 Bank of America is trying to suppress its problems related to mortgages and so they are now trying to assist homeowners who are likely to face foreclosure in the near future. Large investors are negotiating a $8.5 million settlement which will again lead millions of homeowners towards foreclosure.Looking Foreclosed Homes? ForeclosureWarehouse.com has the best online resources of foreclosures in California, Florida, Georgia, Michigan, Texas and all US States - BofA May Lead More Homeowners Into Foreclosure
Court Systems of Florida Will Remain Aloof from Foreclosure Processes
2011-09-27 14:13:00 There is a pressure all over Florida to prevent the interference of the legal system in the foreclosure process so that the pace of foreclosure processes will improve, and this will obviously have a positive effect on the housing market as well as the economic condition of the state.Looking Foreclosed Homes? ForeclosureWarehouse.com has the best online resources of foreclosures in California, Florida, Georgia, Michigan, Texas and all US States - Court Systems of Florida Will Remain Aloof from Foreclosure Processes
$12M foreclosure on Spire developer's personal residence
2011-08-26 17:25:00 Garrett Kelleher, the developer of The Spire, has obviously seen better days. First, all he has to show for his Spire project is a massive hole in the ground and that is facing a $77 MM foreclosure suit. But now, according to a story in Crain’s yesterday, his personal residence at 1416 N Astor St... Read more »
Evanston mansion slated for foreclosure sale
2011-07-27 09:34:00 Crain’s Chicago Real Estate Daily is reporting that a recently-built home at 925 Edgemere in Evanston is headed for auction in a Cook County Sheriff’s sale next month. According to Crain’s the 11,000 square foot lakefront has 5 bedrooms, 7 baths, an outdoor pool and lakefront access. It was originally listed for $9 million and...
R Kelly's Olympia Fields home in foreclosure
2011-07-13 03:16:00 In yet another example of R Kelly’s excellent judgment his Olympia Fields home at 1 Maros Ln is in foreclosure proceedings. The Lis Pendens was actually filed back on June 9 but the story just hit today. Perhaps the filing was only recorded more recently. Yeah, this is the guy who was acquitted of one...
Chicago Foreclosure Activity Remains Low In May
2011-06-17 14:35:00 It looks like foreclosure activity continues to putter along in Chicago at levels that are low relative to the past couple of years. This according to RealtyTrac's May Foreclosure Market Report, which does not offer an explanation this time as to the low levels being seen across the country. I think you can only "blame" this on the processing delays for so long. I'm beginning to wonder if maybe there isn't something more fundamental going on here. There are a couple of other items of interest from this report. First, scheduled auctions in Illinois surged 47% in May - again no explanation. And second, Illinois is in the top 10 states in terms of foreclosure rates. Go Illinois!!...
May soon be facing foreclosure.
2011-06-08 23:07:00 This financial incentive to develop and change through refinancing of existing mortgages from Fannie Mae and Freddie Mac to ease property. The house must be your residence. Even if 105% of the value of your home you can apply for funding. This person will probably try to refinance their mortgages ...
More Foreclosure Delays: Slowly Peeling Away The Band-Aid
2011-05-12 14:04:00 At this rate the pain of the current housing crisis is never going to end. RealtyTrac just came out with their April Foreclosure Market Report and on a national basis foreclosure activity reached a 40 month low as a result of "massive delays" in the foreclosure process, NOT because of any improvement in the housing market. Apparently the delays are at least partly due to the banks having to work through their documentation problems. Here are a few highlights from the press release: Loans that are more than 90 days delinquent are no longer automatically going "into foreclosure but are waiting longer to allow for loan modifications, short sales and possibly other disposition alternatives." Once a loan moves...
Is The Housing & Foreclosure Crisis Really Over?
2011-04-05 21:36:00 If you listen to the news, much has been said about our country's slow & fragile recovery from the "great recession."
So Much For Treasury?s ?Skin In The Game?? They Are Willing To Use The Taxp
2011-01-19 08:01:00 The Treasury Department yesterday released a report on “risk retention”. It noted that because loan originators had no “skin in the game”, securitization helped fuel the housing bubble. To fight this they said: [A]s the recent financial crisis demonstrated, without reform, risks in the securitization process can detract from these benefits. Leading up to the ...
By: HousingDoom
Utah Courts Grant Home Owners ?Get Outa Jail Free? Card In Foreclosure Mess
2011-01-18 19:17:00 Short and sweet today, as I’m pretending I’m an employee enjoying the three day weekend like everyone else. A court in Utah has now ordered any record of loans previously recorded on a few homes to be eliminated. Put more plainly, the order left the home owners with their homes magically made debt free. Why ...This Article is Copyright © 2004-2010 BiggerPockets, Inc. All Rights Reserved. Utah Courts Grant Home Owners ‘Get Outa Jail Free’ Card In Foreclosure Mess
What?s To Be Done With The Homes Not Worth Fixing?
2011-01-17 08:01:00 Diana Olick of CNBC did an article last week warning potential homebuyers about some of those foreclosure “bargains” out there. Certainly many starry-eyed Bob Villa wannabes have purchased foreclosures thinking they’d turn a shack into a palace with a little paint and carpet and have ended up over their heads. Olick goes over some of ...
By: HousingDoom
Inside 'a ridiculous foreclosure deal' in Lincoln Square
2011-01-14 23:46:00 Realtor Eric Rojas and a client recently toured a bank-owned two-bedroom / one-bath condo in Lincoln Square whose price had just dropped to $89,000. In this video, he evaluates the home's condition and suggests ways this "winner" could be repaired and updated. On his blog, Eric says the condo's walls, floors, electrical, and appliances could be updated by contractors for under $10,000, or by a do-it-yourselfer for as little as $5,000.... |



