Articles about Foreclosed Properties

Cloud Hanging Over Realtytrac Data

Tuesday, July 24th, 2007

RealtyTrac, made its debut two years ago by becoming the first data collector of the country’s mortgage crisis. It made its entry at a point of time when such a service was of invaluable importance. The information provided by RealtyTrac has been widely quoted by national news media and even by the Congress.
But it is [...]

Jacksonville In The Eye Of The Storm

Monday, July 23rd, 2007

Jacksonville is being sucked into the whirlwind of foreclosures ranking among the top defaulters in the country. Lake Forest area with a high concentration of houses is the worst hit. The virus has infected all levels of income and localities. Jacksonville has one foreclosure per 123 households – with the highest focus on Lake Forest [...]

Midland County Auction

Sunday, July 22nd, 2007

For the third consecutive year Rick Enszer, treasurer of Midland County will officiate as auctioneer on Tuesday evening. Nine foreclosed properties will be up for bidding at Midland County Service Building on 220W Ellsworth Street. Five of these units with minimum price tags ranging from $1,500 to $5,800 are drawing the attention of future buyers. [...]

Foreclosure Rates And Auction Numbers Rise Hand In Hand

Saturday, July 21st, 2007

The auction firm of Williams & Williams has cause to celebrate – it ranks first in the world for having topped sale of auctioned properties. As foreclosure rates rise more and more house owners have sought escape from troubles via the auction route.
According to Mortgage Bankers Association, the last quarter of 2007 saw foreclosure [...]

The Wolf Guarding The Chicken Coop Is Now Behind Bars

Friday, July 20th, 2007

Desperate house owners about to be disposed and thrown out on the streets will clutch at any straw. There was quite a stir and talk about ways and means out of the foreclosure mess. It seemed all that one had to do was to seek help. But the victim’s state of mind was such that [...]

Making Hay While The Sun Shines

Thursday, July 19th, 2007

Composite Solutions Inc is all set to form a subsidiary to reap the best out of the increasing foreclosure mess. The Sun shines on one side of the globe while the other is under darkness. As foreclosure numbers rise property rates tumble. Wall Street giants think this is the right time to snap up real [...]

Closed Hospital And Foreclosure Ailments

Wednesday, July 18th, 2007

Now well fare institutions like hospitals are coming under the cloud of foreclosures. St. Joseph Hospital on Fort Worth, near the south side, has been shut down. The New Jersey based owner says that more than $9000,000 as tax backlog, fines and interest will be paid before the property goes up for auction in the [...]

Rising foreclosure in Chicago and its neighborhood – A cause of concern

Tuesday, July 17th, 2007

Foreclosure rates in the county are skyrocketing. Chicago and it neighboring areas are hard hit due to foreclosures. Realty Trac.com reveals that the state of Illinois is one amongst the top ten states with a high foreclosure rate. Reports also reveal that the extent of foreclosure cases in Chicago and its neighboring areas are [...]

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