The raging foreclosure crisis has put pet owners in a tight corner. The shelter and rescue organizations for animals are facing increased pressure, as more pets are being abandoned or surrendered by the foreclosed owners. The suffering animals have come to be termed ‘foreclosure pets’. Some are left behind either outside or trapped inside the [...]

The hunting instinct has not gone out of vogue – is very much there with outward cosmetic changes. Today busloads of hunters are on a foreclosure safari – trying to target sitting ducks. It is a common scene now – also in Prince William County. Real estate companies chartered a bus carrying 25 prospective buyers [...]

To turn a foreclosure auction into gain one requires patience and nerves of steel. Recently a seminar was held at Hotel Huntington Beach on foreclosures. The speaker, Hannigan, was a lawyer from San Diego who claimed to have traded in 50 foreclosed properties in 25 years. It is these investments that have made him wealthy. [...]

The case of Kwaku Atta Poku has stirred up a hornet’s nest. Maryland Court of Appeals has heard the case of Poku. The process of foreclosure took his house away because he trusted his licensed agent, paid his refinancing dues but the agent never paid it. Maryland is famous for fast track courts – but [...]

Once upon a time it was taken for granted that real estate prices would go up. But reality proved to be contrary. Sellers are being forced to drop prices even at a heavy loss if the unit was bought in 2005 or 2006. The housing bubble, which had been getting bloated since 2002, has suddenly [...]

If President Bush has his way then the residents of Las Vegas victimized by the foreclosure crisis will heave a sigh of relief. The President does not think it is a bail out operation to help lenders and speculators but is meant to help borrowers who are in the soup worried about the roof above [...]

Investments are the main source of capital generation. People invest their money in the businesses they consider secure enough to be able to return their money. Distressed or foreclosed properties are one such business. Many people like to invest in these properties as these properties can be bought at a price lesser than the market [...]

Everyone dreams of a home to lead a settled life. A home costs a lifetime saving for many people. Earlier people saved for a number of years before purchasing a home for themselves. Still many used to stay on rented apartments for a long time. But with financial sector emerging powerfully a lot of financial [...]