Investors from outside the state have been snapping up foreclosed properties right across Columbus. But from now on they will be facing stepped up scrutiny. The prosecutors of the city said that the purchasers would be legally penalized if they fail to maintain their properties. Richard C. Pfeiffer Jr. the City Attorney said, “You have [...]
There are no signs of the foreclosure problem fading. Across the country about 940,000 houses are in some stage of foreclosure during the third quarter of 2009. Either it is a default or auction notification or the house is taken over by the lender. In New York State the filings shot up by 11% in [...]
The National Association of Home Builders recently approached the Congress to see to it that the housing sector once more took a leading role in bringing back drive to the economy. It wanted speedy action to stretch and increase the limits of $8,000 being offered as tax credit to first time nest builders. The association [...]
Legislators are scrutinizing lending activities of the Federal Housing Agency. It made its debut during the time of the Great Depression to help the damaged real estate market get back on its feet with the assistance of the government coming forward to insure mortgages. But currently – the worst economic crisis since then is causing [...]
The current foreclosure crisis has exposed the vulnerability of a nation that is not properly educated. Meanwhile compared to other developed nations American numbers of higher educated persons have fallen back.
The current crisis expedited the trend of falling back. The social security net is in tatters and this is causing many more students in comparison [...]
Foreclosures have transformed Lake Las Vegas resort from a symbol of prosperity into an emblem of recession. Beyond the suburban spread there lay an artificial lake in the desert flanked by a village with an Italian touch – representing everything that taste and money could buy. But the overflowing milk of prosperity has suddenly curdled.
In [...]
The impact of the present crisis is being felt by religious institutions and subsequently it will tell on the faith and practices of the next generation. However everything is not negative – suffering has brought people together.
Nearly 3,800 private schools are part of The Association for Christian Schools International. It notes that enrollment has decreased [...]
When it’s time for you to get to the dirty task of cleaning the windows, choose a nice overcast day. It will help eliminate the streaking that is caused by the sunlight drying the solution on the window before you can wipe it off.
While it makes perfect sense, it also bears [...]
