The beating drums of jazz spread the news that the Ernestine Anderson, the four times Grammy nominated singer was about to lose her house in Seattle to foreclosure. One by one the strings in the hearts of her admirers stirred. The Jazz icon’s house has been saved, for the time being, from donations from her [...]

This summer a million-dollar Hamptons mansion was caught in the foreclosure net. This mansion is an 18,000 square foot property in Bridgehampton. Foreclosure has reduced its value from $27 million to a mere $19.5 million! A company called Burns Development constructed the mansion on 4 sprawling acres. It has hosted top shows like the Hamptons [...]

Morton Grove village is seeing more foreclosures and less number of sales. The situation is much better than those areas that have been badly scarred with foreclosures but nevertheless the problem of vacant foreclosed units is becoming a cause for worry after many years of ‘unprecedented growth.’ The North Shore-Barrington Association of Realtors compiled foreclosure [...]

Today foreclosures are being given too much importance. There is no doubt that days are troubling with foreclosures, unemployment, credit blues and spiraling inflation. But there have been far worse days before that this generation has forgotten. It is as if the present crisis is reminding them that life cannot be roses all the way. [...]

At St. Louis a conference on foreclosures underlined that for all foreclosure problems the seeking of early help is vital for an effective solution. At the end of the session Karn Wallensak took over the microphone and exhorted the audience to chant after her “If I get in trouble, I am going to pick up [...]

Foreclosures are opening up new opportunities but it is not without risks. The market is flooded with 700,000 bank-repossessed houses and about another one million is in foreclosure. This is just the time for many to be tempted to dabble in distressed units. Like every other kind of business it requires special skills and experience. [...]

Despite the rage and fury, foreclosures have totally failed to impact HomeNet programme. It has reported zero foreclosures among its low to moderate house buyers. In seven years HomeNet has dealt with more than 300 clients. June has the distinction of being the National Homeownership Month. Programmes are undertaken to highlight the advantages of owning [...]

Foreclosure pets have no voice – they are the dumb sufferers of this man-made society. Often the borrower moves on leaving behind the pet. Rising to the occasion more services are coming forward to help the hapless creatures No Paws Left Behind based in Houston keeps information about the various animal shelters that distressed foreclosure [...]