Posted in Foreclosures, September 15th, 2011 | No Comments »
The state of Missouri offers wide-open spaces and excellent investment opportunities in Missouri foreclosures. Currently, the state boasts $230 billion worth of revenue per year, and posted a growth rate of 2.6%, even in these difficult economic times. Missouri ranks as the 22nd largest economy in the United States. Manufacturing leads most of the sectors [...]
Posted in Foreclosures, August 16th, 2011 | No Comments »
The Obama government having failed in giving relief to a sizeable number of homeowners through HAMP is now shifting its focus from keeping troubled owners in their houses to inviting investors to rent or sell out the properties. The government agencies are weighted down with innumerable foreclosed units. The move is not without critics.
Posted in Foreclosures, August 1st, 2011 | No Comments »
Alabama foreclosures represents a smaller portion of the real estate market than in many surrounding states, like Florida and Georgia. Throughout the state of Alabama, there are only 14,000 foreclosed homes on the market with an average listed price of $114,000. The economy of the state still has a large agricultural base. There has been [...]
Posted in Foreclosures, July 29th, 2011 | No Comments »
Texas foreclosures have been less of an overhang on the real estate market than many other states. Although Texas has the second largest population in the U.S., it has only the eighth largest pool of homes that are in the foreclosure process or already owned by the lender (REO property). Currently, there are about 75,000 [...]
Posted in Foreclosures, July 28th, 2011 | No Comments »
The wave of new Georgia foreclosures has dealt a substantial blow to this state. It is second in the southeastern U.S. only to the numbers in Florida. With over 78,000 homes currently in a state of foreclosure, there is a wide variety of homes for potential homebuyers to consider. The underlying problems in Georgia relates, [...]
Posted in Foreclosures, July 25th, 2011 | No Comments »
Despite the exposure of robo-signing last fall and the following investigations by federal and state agencies and talks of settlement the banks are continuing to play the game of en masse signing of fraudulent documents at an epidemic scale. The registers of deeds of many counties believe they have to receive defective documents pertaining to foreclosure.
Posted in Foreclosures, July 22nd, 2011 | No Comments »
Although figures coming in seem to indicate an end to the crisis, many residents ofBronxcontinued to be haunted by fears of lien sales as well as foreclosure. Recently West Bronx Homeowner Resource Fair was held. It attracted many participants seeking advice and help.
Posted in Foreclosures, July 8th, 2011 | No Comments »
In Lee County although residential sales are picking up and prices are slowly going up there is the lurking fear of the shadow inventory waiting in the wings – cases taken back by lenders could re-enter and so too houses not yet foreclosed upon. But in all likelihood these will not enter the markets at one go in a rush.