Foreclosures Pressing Down Prices Prompts Buyers To Jump In

Friday, September 5th, 2008

The rising number of foreclosures is pressing down prices in the real estate market prompting buyers to jump in for bargain deals. But increased interest rates and stricter lending rules are acting as dampeners.
Natasha Arocho is a young administrator and thought she had found a dream house for $174,500. A lender gave her the green [...]

Popularity: 12% [?]

Posted in Foreclosure | 1 Comment »

Bank Aid to Avoid Foreclosure

Monday, August 18th, 2008

The dire straits that many people in America are facing are heart rending and that is why bank aid to avoid foreclosure is forthcoming in few instances. While most of the banks are avoiding any organized help to the distressed people there are a few with the noble mission of bringing relief to just a [...]

Popularity: 48% [?]

Posted in Foreclosure | 2 Comments »

Chicago Landlords And Tenants Affected By Foreclosures

Thursday, August 14th, 2008

Justin Kling of Apartment Savvy, Chicago commented on the effects of foreclosures on Chicago landlords and tenants in a recent media (ABC 7) coverage. He said that it is the first the landlords and then the tenants who are affected. Foreclosures are causing havoc in the mortgage market and telling on the Chicago rental and [...]

Popularity: 11% [?]

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Foreclosure Tales Of Woe And Sorrow

Tuesday, July 15th, 2008

Foreclosure is not just about facts, figures and statistics. It is about individuals and their tales of woe and sorrow.
In last autumn Khara Uczen’s life somersaulted. One fine day the doorbell rang ushering in a man who was looking for the owner of the house in which Khara and her husband Bill [...]

Popularity: 16% [?]

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Foreclosure Mortgage Fraud In Hawaii

Friday, July 4th, 2008

The number of foreclosure mortgage frauds in Hawaii seems to be increasing – the FBI is investigating 80 and five have been already indicted. About a dozen investigations are on – part of a nation wide clamp down. It is estimated that the victims lost about $1 billion as a result of foreclosure related frauds.

The [...]

Popularity: 47% [?]

Posted in Foreclosure | 1 Comment »