Poku, a 55 year old taxi owner with wife and three children hails from Columbia. He had to move out of his house. Helped by his group members and a new state programme he shifted to rented accommodation. At lease he is not under the open skies! One of his passengers Neil Carey, kicked off [...]

In only three months time Round Rock, the home of the Stony Point Tigers registered 248 foreclosures. This makes it the 182nd most foreclosed in the country. In Texas it ranks 6th. Pflugerville ranks 450th in the country. Mortgage experts of the locality pin down the cause to the usual disasters that grips the populace [...]

The office of the Ohio Attorney General, Marc Dunn is suing six Ohio companies for being involved in foreclosure scams. They are being taken to task on five different acts that took place in Franklin, Delaware, Cuyahoga, Hamilton, Lucas and Mahoning counties. Accused for a total of 44 different counts among the five acts the [...]

The economic slump is telling on slim purses. Less and less can avail of mortgage loans to buy properties. There are no units for sale than buyers. It is apprehended by National Association of Realtors that real estate market rates will fall to a five-year record low dip. For the eighth time this year their [...]

Thursday16th August is the scheduled auction day for the former fish camp in Estero near Coconut Road. The bell will ring at 11 am on the upper floor at Lee County Court House, Monroe Street, downtown Fort Myers. The court has given this information. As per ruling of the Judge Paskay of the US Bankruptcy [...]

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 [...]

During the past years the few house owners have been losing familiar neighbours. The neighbourhood is beginning to lose its value together with its beauty and safety. A deserted look is taking over entire blocks. It is a problem with neighbourhood associations. Nearly 10% houses have gone into foreclosure that results in overgrown gardens and [...]

The rising tide of foreclosures means gloom for property sellers. The balance between demand and supply determines the rate and there are just too many properties on the shop shelves. Foreclosed houses can be snapped up for a bargain but it is bad for sellers trying to compete with bank prices. The banks can’t afford [...]