Foreclosures news continually updated from thousands of sources around the net.
1 hr ago | RecordNET
Foreclosure activity in San Joaquin County dropped sharply in August, falling nearly one-third from July and more than 50 percent from August 2013, real estate data firm RealtyTrac Inc. recently reported. It tallied a total 205 foreclosure related filings - notices of default, trustee sales or bank repossessions - in August for the county, compared to 300 such filings in July and 458 a year ago.
1 hr ago | American Reporter
I have written often over the past few years about the house of cards that is the American economy, but the events of the past week should frighten everybody. First, there was the collapse of IndyMac, a California bank deeply involved in subprime lending.
2 hrs ago | WXMI-TV Grand Rapids
It's been a rough couple of years for Deborah Calley, who's overcome physical and mental obstacles, following a devastating car accident. The crash happened in 2008, leaving Calley with several injuries to her arms, wrists and neck.She said she had four big bruises on her brain, and says doctors were surprised that she doesn't have permanent brain damage.
6 hrs ago | Investopedia
When shopping for a home, you may notice that certain listings are labeled as short sales , short pays or pre- foreclosures . All of these terms mean the same thing: the seller is upside-down on his or her mortgage and is attempting to negotiate a deal with the lender in the hope of avoiding foreclosure.
11 hrs ago | Wall St. Cheat Sheet
While various aspects of the housing market have gradually improved from the trough of the financial crisis, foreclosure activity continues to remind us that the recovery is a painfully slow process. The number of foreclosure filings in the United States reached 116,913 in August, up 7 percent from the previous month, according to a new report from RealtyTrac.
12 hrs ago | Business Journal
Orlando-area home sales declined in August while the median price continued to trend upward - albeit at a slower pace, the Orlando Regional Realtor Association reports.
16 hrs ago | Investopedia
What was once the unthinkable occurred on September 16, 2008. On that date, the federal government gave the American International Group - better known as AIG - a bailout of $85 billion.
Kim Cranfield has recently joined the sales team at RE/MAX Real Estate Professionals in Cleveland, according to Chuck Jones, broker/owner. "Kim is a much welcomed addition to our RE/MAX Real Estate Professionals family.
Properties sold at the Boulder County Public Trustee foreclosure auction for Sept. 10, 2014.
Nationwide, pending home sales have risen in four of the past five months. In Broward County, we see a similar model of confidence in the housing market.
Generally speaking, fall is slower than summer for real estate in the U.S. With kids off from school and weather more conducive to house-hunting, summer is the most practical time for many families to move, so it's no surprise that roughly half of all home sales take place during that season. However, one factor that we haven't had to deal with for a few years could boost home sales this fall.
The recession forced many people to change their ways as nearly 9 million Americans, including more than a half-million Texans, lost their jobs and home foreclosures hit record highs. Now, five years after the recession ended, the economy appears to be improving, but middle-class consumers still haven't bounced back.
Since 2009, the Cobbs Mitchell Building has been on the cusp of a facelift and now it is possible it could be foreclosed on due to delinquent taxes. In 2009, developers Al Meshkin and Patty Meyer purchased the more than 100-year-old building from the city in hopes of converting it into a restaurant and possible banquet facility, as well as offices.
Residents sit on the front porch of their half of a duplex on Moncrief Road; the second unit has been condemned as an unsafe structure. Jacksonville officials trying to curb property neglect and neighborhood blight are making plans to foreclose on some buildings over unpaid fines for code violations.
Community Builder or Divider? Homeownership's Pluses and Minuses The benefits of homeownership are often cited in policy debates, though it has some downsides. Following are the advantages and costs of homeownership for neighborhoods and communities, as summarized in a recent research paper by Jason Fichtner and Jacob Feldman at George Mason University.
Speaking to CNA, Polakis Sarris, on behalf of the law firm that represents Strauss-Khan's Luxembourgian firm ( is chairman of LSK, who have been our clients for some time and are interested in the new issue of ," said Sarris. LSK had expressed the wish to maintain contact with the government, the Finance ministry and ministry technocrats, its lawyer said.
After sitting dormant for nearly three years following a foreclosure and a lengthy lawsuit between Chabad of California - the previous owner - and Pacific Mercantile Bank, a 78-acre campground and resort center in Running Springs was sold Friday for $7.1 million to a different Orthodox Jewish group, Bnei Akiva of Los Angeles. An international Modern Orthodox youth organization, Bnei Akiva is raising another $2.9 million to refurbish it so that it can be used as a summer camp and a year-round resort for the local Jewish community.
Updated: Mon Sep 15, 2014 09:13 pm
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