The increase in foreclosures are triggering off snaking breadlines – a shame to the individuals and the society. Lehigh Acres was one of the worst affected regions in Florida because it was dependent on construction. The first sign of trouble was garage sales and property auctions in Lehigh Acres. The families began selling off whatever [...]

Peter Zalewski is a busy man handling lots of properties. In South Florida he has for sale 110,000 houses of which 55,000 are foreclosed and 19,000 owned by the banks. 68% of the units are in the distressed category. Somebody has to do the cleaning up and here is where Peter’s firm, Condo Vulture Realty, [...]

Some unscrupulous attorneys are taking advantage of the foreclosure crisis to dupe their clients. Norman Sanders Moss, an Orlando attorney, was hired to recover money for homeowners from the sale of foreclosed properties as well as tax deed foreclosures. Instead of keeping the money in a trust account and disbursing it among his clients, he [...]

The foreclosure crisis has negatively impacted new veterans in a bad way. The story of Andrew Spurlock is one of the many. After being thrown off a roof in Iran his career in the army as a veteran infantryman came to an end. Forgetting the past and the pain of the back injury he chalked [...]

In the middle of November of the waning year of 2008 it seems that the foreclosure crisis has worsened with numbers reaching for the sky. Meanwhile the authorities at all levels continue to try to contain the menace by administering various measures. The foreclosure crisis has led to the sprouting of foreclosure-mills that handle en [...]

Unless adequate steps are taken there is difficulty in tracking owners of vacant foreclosed houses. The problem of abandoned units is a plague running through the country. The summer rains have focused on the problem. Bob Spivey is a Code Enforcement Director of Orange County. He sends his personnel to trim lawns of foreclosed houses [...]

It is hoped that federal money rushing to the rescue of foreclosure-plagued Florida will be of help. Florida is one of the top states affected by the foreclosure crisis. This has made the federal government focus its attention on it. Florida, the Sunshine State will get more federal help than any other state in America. [...]

In Florida Obama made promises about containing the foreclosure crisis if he came to power. He quoted Reagan to attack the Republican handling of the foreclosure crisis. A noisy crowd of 8,000 was told by Obama, “At this rate the question isn’t just ‘Are you better off than you were four years ago?’ It’s “Are [...]