Shelby County is poised to file lawsuits against banks for their dubious foreclosure activities. At stake will be millions of dollars. It is an effort on the part of the administration to plug the flood of foreclosures.
The County Commission voted unanimously (8/0) during the second week of May 2009 to authorize the county to go [...]
NBC News reported that one bright spot in the housing crisis actually favors first time homebuyers. Houses that were out of reach for a lot of people or people looking to buy in better neighborhoods for a long time found it unobtainable. The recent trouble in the real estate market has made it easier for [...]
Apparently it seems the right time to invest in property today but the market has not fully corrected itself and there are lurking hidden dangers. But the opportunity is there for bargain deals.
Barack Obama announced his plan to reduce foreclosures at Dobson High School in Mesa, Arizona Wednesday. The $75 billion plan could prevent up to 9 million Americans from losing their homes.
Bailouts will not solve foreclosure related crisis that has spun out of control, gobbling up property values, opines Center for Responsible Learning.
It feels that the government steps as announced by Paulson and the Fed does not go deep down into the root of the foreclosure-ridden problems. It is simply a bailout and nothing more. The [...]
Foreclosures are gobbling up exclusive towns – not even the sophisticated exclusive ones like Nantucket, Edgartown and Weston. This shows that the foreclosure debacle in Massachusetts is going further downhill. Today some the richest towns are being bitten by the foreclosure bug. The sky jump in these areas is more than the average of the [...]
The number of foreclosed houses in Prince William County has gone up by double since 2007. It points to the worsening of the real estate crisis. According to land records office figures, 306 units were taken back by the bank in February. In the previous year the number was les by 140. In Manassas, Manassas [...]
The New Year began on a bitter note: foreclosures jumped by over 100% in comparison to what it was in January 2007. Localized credit counseling agencies are becoming more active.
Consumer Credit Counseling Service is a non-profit organization that is reaching out to those in need of help in six counties of California including Ventura. It [...]
