So far Silicon Valley has been fortunate. The foreclosure attack on Silicon Valley has been relatively less severe in comparison to the rest of California. But real estate agents and tax experts believe that it is biding time – soon foreclosures will flood the valley. At a recent meeting of Silicon Valley Association of Realtors, [...]

Foreclosures are challenging Congress and as yet seem to be enjoying the last laugh. Democrat Rep. Tim Walz speaks about his own personal experience. The house next to his has been in foreclosure for more than a year and pulled down the value of his own unit by 20%. The story of Walz is being [...]

By getting temporary freeze, Philadelphia has bared its fangs and is one up in the battle against foreclosures. The City Council allowed for enforcement of moratorium on house mortgages. The sales scheduled for April auctions were put off, said Curtis Jones, a city council person. He was one of the sponsors for the resolution and [...]

More and more personal stories are tumbling in to show that despite anticipations more lenders are failing to stop foreclosures. The companies do not have the infrastructure to handle the sudden increase in volume of work. Thomas and Tracy Barboza are just one of many who are suffering. Three times they found an escape route [...]

Foreclosures are proving to be a challenge and in each corner of the country the people and the administration are rising to face it with solutions. Baldi together with Brad Peterson is spearheading operations to prevent people from being thrown out of their houses. They are witnessing the carnage caused by increasing flood of foreclosures. [...]

During the first quarter foreclosure numbers showed signs of rising in the metro areas. This is in comparison to the figures of the first quarter during the previous year of 2007. Most areas saw double digit and even triple digit rises. There were however few exceptions – Loudoun County, Manassas, Fairfax and Falls Church. James [...]

Foreclosures spare none – not even the brave young, staking their lives for the country abroad. Military and financial aid bodies are commenting that there are an increasing number of troops complaining about their failure to keep pace with mortgages and are facing risk of losing their hearth and homes to foreclosures. US troops are [...]

Foreclosures are not something that is happening in sanitized court rooms involving reams of paper and signatures. It is something far more realistic than that. With foreclosure numbers rising so is the reek from the filth and stink of foreclosures – literally. With more and more vacant properties dotting the scene like pox, routine administration [...]