The crisis in the sub-prime market is being held responsible for world wide heart palpitations. Figures and statistics are rolling in and experts are struggling to analyze and pin point the issue. Generally the accusing finger points to lax mortgage practices. On the other hand if ordinary folks were not able to avail of easy [...]
The foreclosure crisis marches on and following its trail are hungry predators who are making a living out of people’s woes. Better Business Bureau of Central and Northern Arizona have sent out a loud warning.
It is apprehended that nearly 1.7 million houses will soon be tainted with foreclosure. The affected will be desperate [...]
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 [...]
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 [...]
In Fairfax County foreclosure figures rose by five times more during the first six months of 2007 in comparison to the same time last year. In the first half of 2006 the number of foreclosure listings was 190 but it zoomed to 987 during the same period this year. The County has released these figures. [...]
Ghosts have the run of 1600 houses shuttered down by foreclosures in a sprawling neighbourhood in Dallas County. That is the number for the forthcoming postings next month. Banks seem to be swallowing up not just houses but entire localities as well. It is having a grim effect on solitary survivors like Edward Hoffman in [...]
The city of Chula Vista in San Diego County is one of the fastest growing cities. Over the years the city has witnessed an increase in its single-family homes. However, the increase in number of homes came along with an increase in adjustable-interest loans. This led to an increase in homeowner’s payment, and many homeowners [...]
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. [...]
