In only three months time Round Rock, the home of the Stony Point Tigers registered 248 foreclosures. This makes it the 182nd most foreclosed in the country. In Texas it ranks 6th. Pflugerville ranks 450th in the country.
Mortgage experts of the locality pin down the cause to the usual disasters that grips the [...]
It was no easy matter for Coconut Grove Playhouse to extricate itself from a jumbo financial mire by raising more than $470,000 to calm down a creditor and plug a scheduled foreclosure aimed to slice away a part of its property. The portion of the Playhouse property is a vacant plot next to a theatre [...]
One out of every 47 houses is popping into the foreclosure oven making it one of the hottest cities in the grips of the reigning real estate crisis. It ranks 8th among the leading 100 cities buzzing with foreclosure activity during the first half of this year. The figures have been released by one of [...]
Birmingham based Shore Mortgage watched with caution the stirring up of the mud in the sub-prime real estate market. But the young lender at the helm is ever ready to jump in and take a chance again. Brian May an office bearer of the company spoke about having helped a Romanian engineer. The latter had [...]
There seems to be no second opinion that aggressive mortgage lending during the time of the recent property boom is responsible for the bubble burst. Some seasoned experts see similarities between today and what happened 35 years ago due to a government programme. Flipping is one such practice in which one quickly re-sells a home [...]
BIOTA a water bottling company based in Telluride has been ordered to proceed with foreclosure sale as per orders of USA Bankruptcy Court. An attempt to delay it has met with failure.
As per releases of the aforesaid Court in Colorado district, BIOTA (Blame it On the Altitude) owes more than 100 creditors the total [...]
Thursday16th August is the scheduled auction day for the former fish camp in Estero near Coconut Road. The bell will ring at 11 am on the upper floor at Lee County Court House, Monroe Street, downtown Fort Myers. The court has given this information. As per ruling of the Judge Paskay of the US Bankruptcy [...]
The word foreclosure has ominous connotations for the borrower. It means the latter loses the opportunity to clear the mortgaged estate and secure the bolts and nuts on the roof above his head. Crudely put a foreclosure means the roof is about to blow away. To foreclose means to shut out and stop the borrower [...]
