Anderson County is right in the jaws of foreclosures. About two decades ago there were only 8 foreclosures in a month. Today the norm has become 80 to 100 foreclosures per month. The situation is undoubtedly critical commented Carolyn Lecque of South Carolina Foreclosure Task Force. It seems that apart from the formally listed ones [...]

The plummeting housing prices and soaring foreclosure create opportunities for first time house owners, according to a reputed auction house in Florida. In the yester years foreclosure properties were shunned as distressed properties that needed total over hauling before it became habitable and that was expensive. In recent times however foreclosure properties in the housing [...]

The US Senate had introduced a Bill to back borrower-initiated plan to save foreclosure from taking hold of the property and it was binding on the lenders as well. The Bill had been introduced in the House (H.R.3609) and the Senate (S. 26360) was prepared to provide workouts that would be initiated by the suffering [...]

DataQuick information shows that foreclosures and pre-foreclosures in the Coastside region spell trouble ahead. In Half Moon Bay four foreclosures were noted during the second quarter of this year. Previously in 2007 there was only one foreclosure during the same period. RealtyTrac collects information of foreclosures daily. According to it there were 29 pre-foreclosures in [...]

Foreclosure surges leads to increasing traffic on new website. The pain of foreclosures is being directly related to increase in numbers to Mortgage Lender Implode-O-Meter. It is not only borrowers but lenders too in trouble are being counted. On 7th July the number was 265 – but that was just the beginning of increasing numbers. [...]

Condominium owners were fast losing out their units to foreclosure that was in a rampage throughout the country for the past two years. The condominium associations were now feeling the heat of the foreclosure crisis and the crunch in their pockets. Real estate investors and owners of houses always depended on these associations who were [...]

Foreclosure have lain seize on Orange County, especially where sub-prime lending had concentrated, and was intensifying. During the second quarter of the year, four Santa Anna ZIP Codes were the epicenter of foreclosure in the county. The overall ratio between foreclosure and the total number of condominiums and houses more than doubled over that in [...]

HANDS was certified by the US government Department of Housing and Urban Development, to handle foreclosures. It will give counsel on mortgage properties just when the problem of foreclosure was sneaking into Warren County. Mayor Elaine Walker confirmed that seven local banks were working with HANDS, to set up offices throughout the region, in 27 [...]