Foreclosures are ushering in new business enterprises in these troubled times. For certain Michigan companies foreclosures have turned out to be a boon as they get employment to maintain the foreclosed units.
In Warren, Five Brothers Mortgage Co. offers maintenance services and they have seen their business shoot up three times in the last five [...]
To keep track of foreclosed houses Temecula has taken the novel step of starting a registry. It wants the lenders to lend a hand for the safety and cleanliness of the city. Councilperson Maryann Edwards admitted that although nothing can be done to put a stopper on foreclosures something could be done to update lists [...]
According to ForeclosureRadar that monitors daily foreclosure activity in California, the lenders repossessed property worth $10.4 billion in foreclosure auctions where the units could not be sold to third parties. But despite this figure there seems to be an increase in investor activities in these auctions.
Foreclosure is a judicial process by which the lender [...]
Foreclosures spare none – not even the brave young, staking their lives for the country abroad. Military and financial aid bodies are commenting that there are an increasing number of troops complaining about their failure to keep pace with mortgages and are facing risk of losing their hearth and homes to foreclosures. US troops are [...]
Foreclosures are not something that is happening in sanitized court rooms involving reams of paper and signatures. It is something far more realistic than that. With foreclosure numbers rising so is the reek from the filth and stink of foreclosures – literally. With more and more vacant properties dotting the scene like pox, routine administration [...]
Recently NeighborWorks America has granted Family Service Association of Greater Elgin an amount of $123,674 towards housing programmes including counseling. Those hit by foreclosures are being targeted. NeighborWorks has now taken up a positive role in the raging foreclosure crisis. Ann Rodriguez of Consumer Credit Counseling Service of Family Service Association of Greater Elgin Area [...]
Keeping in pace with the rising number of vacant foreclosed houses are problems relating to it. Nature hates vacuum and in the void enters snakes, weeds and human beasts otherwise known as criminals. The neighbouring community shivers at the growing menace although these houses are not in foreclosure. Shenee Martin walking through her locality look [...]
There are some prize pieces to be picked up in the foreclosure market but it is not as easy as it sounds. The media gives out the feeling that it is all smooth sailing. But reality is far from it.
Not all the houses listed for foreclosure auction finally slips out of the hands of the [...]
