Foreclosures are largely responsible for the economic downturn and this is causing many to give away pets as they cannot cope with their own lives. It is often a heart rending decision.
One of the animal victims is Julie a pit bullterrier. She had to be removed to a home in Orange County because her owner [...]
Ten persons – scammers and fraudsters, had tricked house owners in San Diego and Riverside counties. The grand jury accused them of misappropriating thousands of dollars from the hapless foreclosure victims, taking advantage of their vulnerable position. They were tricked into paying fees for saving them foreclosure – something that never happened.
The ten [...]
During the holiday season the foreclosures are keeping the kitchens roaring with activity in Central Indiana. Christmas is a time for introspection and many think themselves fortunate to be helping others by way of charity. Foreclosure related crisis has made the need of the community great not only during the holidays but also for every [...]
Peter Zalewski is a busy man handling lots of properties. In South Florida he has for sale 110,000 houses of which 55,000 are foreclosed and 19,000 owned by the banks. 68% of the units are in the distressed category. Somebody has to do the cleaning up and here is where Peter’s firm, Condo Vulture Realty, [...]
It was while the top fiscal regulators were discussing over the ways and means to be employed to stabilize City Group, FDIC’s Chairperson, S.C. Bair, expressed her concern about steps to mitigate foreclosure-triggered crisis. Her support to the City Group was absolutely certain provided the bank aided and supported her in return. Her cause [...]
Nearly half of the loans that had been modified during the first half of 2008 have again started to default, according to a federal regulator. This poses a question about the quality of these loan modifications.
About 53% of those who had their loans modified during the first quarter of 2008 and 51% of [...]
Prior to purchasing a Maryland foreclosure for sale, it is possible to purchase pre-foreclosures at a Sheriff’s sale, or more commonly this is known as an auction sale. The purchase of a Maryland foreclosure for sale is a far less risky proposition than actually purchasing a property on auction. But purchasing property on auction could [...]
Once the bank or lender has decided to sell to the investor the South Carolina foreclosure for sale, they will have to enter into a Real estate Sale and purchase agreement, often referred to as the Equity purchase agreement. The investor should always have his or her attorney read the contract first. Particularly if they [...]
