Posted in Foreclosure, Foreclosure Crisis, July 27th, 2009 | No Comments »
The South Carolina judiciary has stepped in to apply brakes to the foreclosure engine. In the second quarter of this year lenders accelerated their foreclosure activity in Charleston region. At this point the Supreme Court ruling slowed down the pace causing lesser number of foreclosures. This court-imposed restriction cannot be taken to be an indication [...]
Posted in Week Recap, July 24th, 2009 | No Comments »
Let’s start off the foreclosure recap this time with some good news, which is something we could all use in the dismal housing market today. The good news came from the Miami Herald. New home foreclosures in south Florida have dropped by over fifty percent between May and June of this year while statewide numbers [...]
Posted in Foreclosed Properties, Foreclosure Crisis, July 23rd, 2009 | 1 Comment »
In Hawaii the worst of the foreclosure crisis is not yet over. Filings increased by nearly 427% in June 2009 in comparison to 2008. In one year this is the second worst rate. Over 87% of the total foreclosure postings are in the initial stages of the process. The housing market in Hawaii saw the [...]
Posted in Foreclosure Victims, July 20th, 2009 | No Comments »
With so many foreclosures engulfing Americans the name of bankruptcy is no longer associated with social stigma – rather bankruptcy can be a breather for foreclosure victims. However new restrictions have been placed on it since October 2005 preventing one from filing bankruptcy hastily. The borrower has to undergo credit counseling from certified persons and [...]
Posted in Personal Finance, July 17th, 2009 | 2 Comments »
It stands to reason that if you are interested in money and you enjoy making it you might want to go after a career that allows you to use your love and your skills. If you do a good job at analyzing things and you can map out trends and the like then there is [...]
Posted in Week Recap, July 17th, 2009 | No Comments »
Not only are homeowners feeling the crunch of the foreclosure market and the poor real estate market and over economy big business is feeling the crunch with foreclosure rates that are three times as high this year as they were last year. And about half of that increase has been in just the second quarter [...]
Posted in Personal Finance, July 16th, 2009 | No Comments »
There is a good chance that if you are in a position to invest and are looking for someone to help you with that investment that you have friends that are in that same situation. So why not ask them before you get too far into the search? After all they are your friends and [...]
Posted in Foreclosed Homes, July 16th, 2009 | 5 Comments »
The American economy has been one of the worst states this country has ever seen. With unemployment at its peak, people do not have the resources to pay off their mortgage bills. Subsequently, banks have been taking over houses left and right, which has foreclosed homes to rise in places like Nevada, California and Michigan. However, the worst thing of all is [...]