Foreclosure Learning Center

Where & Why are Foreigners Buying U.S. Real Estate?

The two month old encampment at Zuccoti Parkin New York City was dismantled by the local authorities citing health and safety concerns. The Occupy protestors then launched into action targeting New York Stock Exchange. There were some fisticuffs with the police, few arrests but the exchange opened timely. Action day was launched across America.

Home Buyers by Facts and Numbers

The stress and anxiety due to foreclosures is telling on the health of the people right across the country, according to a recent study. It found a link between certain ailments leading to visits to the emergency room and hospitals and foreclosures. The states worst hit by the foreclosure crisis came under the study while the age group range 29 to 49.

Even when your financial well-being is getting clobbered, don’t despair. Here is what you should expect when dealing with three financial calamities.

A bill has been introduced by two senators (Republican and Democrat) sending an open invitation to the rich overseas to buy residences in USA. They would have to pay a minimum amount in cash to make the full purchase. Tourist visas would be granted to them and not work visas. It is hoped that this would clear up the stockpile of properties languishing in the market.

Real estate agents in USA.

Obama is using pressure tactics to make the rebel attorney generals come down from their stand and agree to the settlement deal with the banks. The recalcitrant attorney generals do not want a $20 billion settlement but a $200 billion one. But aside from the amount the people have a right to know what led to the foreclosure crisis.