Archive for April, 2008

Foreclosure investing

Wednesday, April 30th, 2008


Foreclosure Can Be Recovered From

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Gather.com Foreclosure Perspective Briefing.com, CA - 1 hour ago RealtyTrac is the leading online marketplace for foreclosure properties. On Tuesday it sent a shiver through the market with its foreclosure report for the … Foreclosure activity up 112 percent over 2007 Roanoke Times The Bottom Line: Are foreclosures really THAT bad? Gather.com US foreclosures more than double in the first quarter Forbes The Times-Picayune - NOLA.com - KAKE all 12 news articles More Foreclosure News…

Redfin Adds Foreclosure and For-Sale-By-Owner Inventory, Deepens … PR Newswire (press release), NY - 3 hours ago New Types of Listings Expand Inventory by Five Percent Redfin incorporated the foreclosure and for-sale-by-owner listings to address buyers’ demands to … Mortgage quotes from Zillow, foreclosures from Redfin Los Angeles Times Redfin Adds Foreclosures, FSBOs Northwest innovation all 5 news articles More Foreclosure News…

NY1 Cheng’s Blog: Sobering, Surprising Foreclosure Numbers WNBC, NY - 4 hours ago By News 4 New York Reporter Pei-Sze Cheng NEW YORK — There is new evidence that the foreclosure crisis is hitting New York City. … Foreclosure Rates On The Rise Across The City NY1 Weiner Seeks Federal Help To Add ‘Affordable’ Housing New York Sun The Bronx? No thonx, say residents New York Daily News NY1 all 5 news articles More Foreclosure News…

Bank foreclosure

Wednesday, April 30th, 2008


A New Loan After Foreclosure

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Foreclosure Rates Up 112 Percent In First Quarter 2008 [] - RTT News
4/29/2008 9:12:39 AM Foreclosure rates in the first three months of 2008 were over twice what they were in the first quarter 2007, a report from RealtyTrac Inc. revealed Tuesday. The California-based research firm said that foreclosure filings
Source: www.rttnews.com

Foreclosure ‘help’ ended up bringing more debt - Minneapolis Star Tribune
When Chantae Grandsberry of Brooklyn Center was looking for a company to help save her home, she thought she’d found the perfect partner: An Oklahoma firm that had biblical scriptures on its website and billed itself as a Christian-based foreclosure
Source: www.startribune.com

Scam artists thrive on foreclosure rise - KVUE
At the courthouse steps at Harris County’s Family Law Center, there is a monthly ritual where dreams come to end. Dreams of home ownership are dangled on the auction block, and then gone. “Going once, going twice, going three times, sold
Source: www.kvue.com

Road to foreclosure in S. Fla.: A closeup of available homes - Fort Lauderdale Sun-Sentinel
Desperately hoping to drum up business, real estate firms across the region are starting to offer the roving service each month. The concept, agents say, began in California and has spread east to other states burdened by Foreclosure s. On Thursday
Source: www.sun-sentinel.com

Take action quickly if foreclosure looms - Orlando Sentinel
The biggest fallout of today’s souring economy may be the thousands of homeowners who, unable to afford their mortgage payments, have had to walk away from their homes. In March, the number of foreclosure filings climbed 57 percent year over year
Source: www.orlandosentinel.com

Lawmakers urge FTC to halt deceptive mortgage ads - Forbes
WASHINGTON (Reuters) - The Federal Trade Commission must take more aggressive action to stop deceptive advertising of subprime mortgages, which is still occurring even as growing numbers of borrowers face foreclosure, three Democratic lawmakers told
Source: www.forbes.com

Across the Metro: Black Economic Union foreclosure can proceed - Kansas City Star
A federal judge ruled Monday that he won’t stop foreclosure this week on two Black Economic Union buildings near the 18th and Vine district. Black Economic Union President Chester Thompson Jr. said Monday that he still hopes to avoid foreclosure
Source: www.kansascity.com

UPDATE 1-Lawmakers urge FTC to halt deceptive mortgage ads - Reuters
WASHINGTON, April 29 (Reuters) - The Federal Trade Commission must take more aggressive action to stop deceptive advertising of subprime mortgages, which is still occurring even as growing numbers of borrowers face foreclosure, three Democratic
Source: www.reuters.com

Foreclosure listing

Tuesday, April 29th, 2008


What To Do When Foreclosure Happens

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Desperately hoping to drum up business, real estate firms across the region are starting to offer the roving service each month. The concept, agents say, began in California and has spread east to other states burdened by Foreclosure s. On Thursday More Foreclosure News

Pushing to fast-track its takeover of wounded home-loan goliath Countrywide Financial Corp., Bank of America Corp. will promise today to help 265,000 troubled borrowers keep their homes over the next two years by refinancing or modifying at least $40 More Foreclosure News

Mired in confusion over mortgage and title situations, some homeowners are taking drastic steps to simplify their lives — including walking away from their homes. As housing values fall and credit woes rise, more Central Florida consumers are More Foreclosure News

The home foreclosure epidemic is mutating, faster than Congress can agree on a plan to stop it. Until recently, high-risk, subprime borrowers — crippled by poor credit, overstretched budgets, abusive loan practices and falling home prices — were More Foreclosure News

The number of U.S. homes heading toward foreclosure more than doubled in the first quarter from a year earlier, as weakening property values and tighter lending left many homeowners powerless to prevent homes from being auctioned to the highest More Foreclosure News

T oday’s souring economy has led to a double-digit decline in the stock market, higher unemployment and chain retailers going bankrupt. But the biggest fallout may be the thousands of homeowners who, unable to afford their mortgage payments, have had More Foreclosure News

California foreclosure

Monday, April 28th, 2008


Finding Foreclosures Easier Than Ever

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T oday’s souring economy has led to a double-digit decline in the stock market, higher unemployment and chain retailers going bankrupt. But the biggest fallout may be the thousands of homeowners who, unable to afford their mortgage payments, have had More Foreclosure News

The home foreclosure epidemic is mutating, faster than Congress can agree on a plan to stop it. Until recently, high-risk, subprime borrowers — crippled by poor credit, overstretched budgets, abusive loan practices and falling home prices — were More Foreclosure News

T oday’s souring economy has led to a double-digit decline in the stock market, higher unemployment and chain retailers going bankrupt. But the biggest fallout may be the thousands of homeowners who, unable to afford their mortgage payments, have had More Foreclosure News

The yellow-and-orange bus would stand out anywhere even without the giant letters proclaiming its purpose: RepoHomeTourChica go.com. A handful of buyers have showed up to board the 12-seat shuttle parked at Woodfield mall amid the drizzle on a recent More Foreclosure News

Agency struggles to keep pace as mission shifts from affordable housing to foreclosure prevention. Christine Dunbar receives 12 to 15 phone calls a day from frantic people on the verge of bankruptcy, foreclosure, homelessness. “It gets to be More Foreclosure News

Foreclosed foreclosure mortgage second

Monday, April 28th, 2008


Foreclosure Laws Are Enforced

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Hillary Clinton’s Plan to Protect America’s Servicemembers from … - All American Patriots (press release)
All American Patriots (press release) Hillary Clinton’s Plan to Protect America’s Servicemembers from … All American Patriots (press release), Sweden - 49 minutes ago Today, Hillary Clinton is announcing new proposals to protect America’s fighting men and women from foreclosure and to help them achieve the security of …
Source: www.tackleforeclosure.com

Foreclosure crunch being felt in valley, too - Poughkeepsie Journal
Foreclosure crunch being felt in valley, too Poughkeepsie Journal, NY - 3 hours ago In a corner that has become known as the “foreclosure alcove,” someone’s home is being auctioned off. Sold. The house isn’t theirs anymore. … COMING SUNDAY: Foreclosure crisis growing in Dutchess County Poughkeepsie Journal all 2 news articles
Source: www.tackleforeclosure.com

Investors must follow foreclosure rescue rules - Idaho Business Review
Investors must follow foreclosure rescue rules Idaho Business Review, United States - 5 hours ago by Brad Carlson Legitimate “foreclosure rescue” companies don’t attempt to get a distressed home’s deed, said Meridian-based attorney Lance Churchill, …
Source: www.tackleforeclosure.com

Foreclosure hot spots - Santa Rosa Press Democrat
Foreclosure hot spots Santa Rosa Press Democrat, CA - 11 hours ago By MICHAEL COIT In every corner of Sonoma County, a record number of families are losing their homes to foreclosure. But a handful of neighborhoods are … Gas prices: The highs and lows Santa Rosa Press Democrat all 3 news articles
Source: www.tackleforeclosure.com

Can Bankruptcy Stop Foreclosure?
The “credit crisis” along with the predatory lending practices of companies like Countrywide Home Loans has left a record number of homeowners facing foreclosure in the United States. This is the first article in a series I am writing
Source: refinance-free-credit.com

Foreclosure crunch being felt in valley, too - Poughkeepsie Journal

Foreclosure crunch being felt in valley, too
Poughkeepsie Journal, NY - 16 hours ago
default and stop paying. In Dutchess, 3569 subprime loans were made in 2006. Of them, 740 were late 30 days or more on payments and 276 in foreclosure.

Source: news.google.com

Stop foreclosure

Monday, April 28th, 2008


Avoid Foreclosure By Watching For The Signs
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Foreclosure crunch being felt in valley, too - Poughkeepsie Journal
It is a scene that is played out often these days in the lobby of the Dutchess County Courthouse in Poughkeepsie. In a corner that has become known as the “foreclosure alcove,” someone’s home is being auctioned off. Sold. The house isn’t theirs
Source: www.poughkeepsiejournal.com

A title wave of defaults - Charlotte Sun-Herald
Agency struggles to keep pace as mission shifts from affordable housing to foreclosure prevention. Christine Dunbar receives 12 to 15 phone calls a day from frantic people on the verge of bankruptcy, foreclosure, homelessness. “It gets to be
Source: www.sun-herald.com

Bank of America to pledge mortgage aid - Los Angeles Times
Pushing to fast-track its takeover of wounded home-loan goliath Countrywide Financial Corp., Bank of America Corp. will promise today to help 265,000 troubled borrowers keep their homes over the next two years by refinancing or modifying at least $40
Source: www.latimes.com

Pre foreclosure

Monday, April 28th, 2008


Take Advantage Of Foreclosure Lists Online

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A real estate agent, checking on a Boca Raton home in Foreclosure , discovered them in the backyard: two 7-year-old mixed-breed spaniels, deliberately left behind by the former owners. The family left a note, including the name of their pets More Foreclosure News

Virginia Quintero and her 59-year-old mother came to San Francisco’s Bayview neighborhood Saturday, hoping to save their Pacifica home from the clutches of the bank. Three miles away, Jim Morris of Sebastopol was hoping to pick up 20 acres in Lake More Foreclosure News

Three months into 2008, the bad news about the residential real estate market keeps rolling in, but most analysts agree the bottom so many predicted last year remains elusive at best, and years away at worst. “I think we are a ways from the bottom More Foreclosure News

CHICAGO (CBS) ? The foreclosure crisis is something we’re all getting familiar with. There were 90,000 foreclosures in Illinois last year alone. Now, many of these houses are back on the market — and priced to sell. CBS 2’s Dorothy Tucker reports More Foreclosure News

Although values are down in all categories, the variance between the resale prices of foreclosed and regular properties is dramatic. An analysis performed by DataQuick Information Systems at the request of The San Diego Union-Tribune showed that More Foreclosure News

Homeowners have many options after a lender has filed a foreclosure notice. Foreclosure specialists advise: *Don’t ignore mail from your lender; stay in touch even after a foreclosure notice has been filed. Most lenders would rather work out options More Foreclosure News

San Diego, CA, April 26, 2008 –( PR.com )– San Diego foreclosures continue to soar, but the availability of quality foreclosure listings is limited. Foreclosure Abstracts LLC ( www.foreclosure-access.com ) has expanded its foreclosure listing More Foreclosure News

del.icio.us Three Bay Area workshops today aim to assist homeowners facing foreclosure, while a giant auction seeks to sell already-foreclosed properties. The workshops, all free, include lender representatives and counselors. U.S. House Speaker More Foreclosure News

Foreclosure home mortgage second

Sunday, April 27th, 2008


Deals On Foreclosures

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Virginia Quintero and her 59-year-old mother came to San Francisco’s Bayview neighborhood Saturday, hoping to save their Pacifica home from the clutches of the bank. Three miles away, Jim Morris of Sebastopol was hoping to pick up 20 acres in Lake More Foreclosure News

PITTSFIELD — First-quarter foreclosures are up sharply in the Berkshires and across the state, and Mayor James M. Ruberto and a federal housing official are convening a forum tomorrow for struggling homeowners. Ruberto’s office said that Taylor More Foreclosure News

CHICAGO (CBS) ? The foreclosure crisis is something we’re all getting familiar with. There were 90,000 foreclosures in Illinois last year alone. Now, many of these houses are back on the market — and priced to sell. CBS 2’s Dorothy Tucker reports More Foreclosure News

Yvette Wilkinson is trying to put a positive spin on the high number of foreclosures in this area. Wilkinson, real estate agent with Exit Elite Realty in Naperville, has scheduled a foreclosure bus tour, perhaps the first in the region, for southern More Foreclosure News

Bank foreclosure

Saturday, April 26th, 2008


Disadvantages Of Buying Preforeclosure

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CHICAGO (CBS) ? The foreclosure crisis is something we’re all getting familiar with. There were 90,000 foreclosures in Illinois last year alone. Now, many of these houses are back on the market — and priced to sell. CBS 2’s Dorothy Tucker reports More Foreclosure News

del.icio.us Three Bay Area workshops today aim to assist homeowners facing foreclosure, while a giant auction seeks to sell already-foreclosed properties. The workshops, all free, include lender representatives and counselors. U.S. House Speaker More Foreclosure News

I do not support “foreclosure bailout,” but please answer me the following questions [”House Democrats target help for homeowners,” April 9]. Why is it that our elected officials and activist groups spend most of their time attacking and taxing More Foreclosure News

Boston already has recorded 306 foreclosures this year, far more than any other Massachusetts city. But it doesn’t make this list. Boston ranks 35th, between Framingham and Whitman. The city’s problems just aren’t that large relative to its size. 95 More Foreclosure News

ALISO VIEJO, Calif. - (Business Wire) Real Estate Wiki, the leading free online encyclopedia in the real estate industry, this week announced that it has added significant new copy addressing foreclosure, pre-foreclosures, short sales, auction and More Foreclosure News

Plainfield may be grappling with the housing recession like many other once-fast growing suburbs, but its charming downtown, convenient location, reasonable prices and ample amenities are still attracting home buyers. Ginny and Brian Ehlers, both 41 More Foreclosure News

With residential foreclosure rates around the state hitting a 16-year high, leveraging the foreclosure market has become a growth industry for real estate service companies. HouseRebate.com has launched an online foreclosure search tool that indexes More Foreclosure News

Maryland foreclosure

Saturday, April 26th, 2008


Stop Foreclosure Now

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NECN Foreclosure plague second-tier cities Boston Globe, United States - 22 hours ago While there are endless ways to crunch the numbers, one of the most interesting to me is the foreclosure rate. I’ve ranked every Massachusetts city and town … Report: Foreclosure deeds more than double in Mass. Bizjournals.com The Bay State’s Foreclosure Blues DSNews.com Mass. home foreclosures rise again Worcester Telegram Boston Globe - Boston Globe all 19 news articles More Foreclosure News…

Jeff Kaller, AKA Mr. Pre-Foreclosure, Explains the P’s & Q’s of … Emailwire - 14 hours ago COM, April 25, 2008 ) Seattle, WA–“Buying a pre-foreclosure, that is a home not yet in foreclosure, can be a worthwhile investment, whether you use the … Jeff Kaller Offers the Opportunity to get Irresistible Pre … Emailwire Pre-Foreclosure Expert Explains Techniques that Actually Work … Emailwire Making Profits in Real Estate, Especially When the Market is Down Emailwire Emailwire - Emailwire all More Foreclosure News…

Woman can continue foreclosure fight over Frankel house Houston Chronicle, United States - 5 hours ago But prosecutors and insurance companies filed a foreclosure complaint on the properties to obtain assets for forfeiture. Prosecutors argued that Lacoff did … Woman can continue foreclosure fight over Frankel house Newsday all 9 news articles More Foreclosure News…

Earthtimes (press release) HouseRebate.com Offers Rides on ‘Virtual Foreclosure Tour Bus’ San Diego Business Journal, CA - 4 hours ago With residential foreclosure rates around the state hitting a 16-year high, leveraging the foreclosure market has become a growth industry for real estate … Real Estate Wiki Incorporates Foreclosure Information Business Wire (press release) HouseRebate.com Brings Foreclosure Shopping to Thousands Emediawire (press release) all 11 news articles More Foreclosure News…

Jeff Kaller, AKA Mr. Pre-Foreclosure, Explains the P’s & Q’s of … Emailwire - 8 hours ago COM, April 25, 2008 ) Seattle, WA–“Buying a pre-foreclosure, that is a home not yet in foreclosure, can be a worthwhile investment, whether you use the … Jeff Kaller Offers the Opportunity to get Irresistible Pre … Emailwire Pre-Foreclosure Expert Explains Techniques that Actually Work … Emailwire Making Profits in Real Estate, Especially When the Market is Down Emailwire Emailwire - Emailwire all 9 More Foreclosure News…

More US troops battle foreclosure USA Today - 14 hours ago By Gregg Zoroya, USA TODAY WASHINGTON — As the home foreclosure crisis sweeps across America, military and financial aid groups say they are hearing from a … More Foreclosure News…