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Report: Foreclosure Crisis not Over and Mortgage Servicers are to Blame
As the foreclosure crisis reportedly subsides, researchers are continuing to look into its causes and long term effects. What they are finding is troubling. Despite the improving economy, and mortgage servicers’ apparent vested interest in helping homeowners get back on … Read More
New Study – Foreclosures Linked to Rise in Neighbors’ Blood Pressure
Everyone knows that having disagreeable neighbors can make the joys of homeownership slightly less pleasurable. Neighbors who play their music too loudly, have barking dogs, entertain visitors at all hours of the night, or poorly care for their properties, have … Read More
The Tax Liabilities of Foreclosure
Losing a home to foreclosure can be one of the most difficult experiences any family will undergo. Not only does the family have to find a new place to live, a process which can be costly, but the family’s options … Read More
Why You May Want To Consider Foreclosure Investing
With more than one million homes in the United States in some form of foreclosure, opportunities for investment abound. If a house is in any form of foreclosure it simply means that ownership of the property is on its way … Read More
The Positive Side of Foreclosure
An old saying advises you to always look for the positive in any situation. Though this is generally considered to be good advice, in certain situations people not only have a hard time finding the bright side, but are even … Read More
Maryland Foreclosures Continue to Rise – Bucking Nationwide Trend
As mortgage rates continue near historic lows and the real estate market continues to recover from its historic slump, foreclosures across the country have experienced a significant decline over the past 12 months. But despite the fact that foreclosures are … Read More
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Tagged backlog, distressed properties, foreclosures, mortgage rates, real estate market
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Nation’s Foreclosure Woes Appear to be Nearing an End
Though homes are still are being repossessed by banks across the country, it appears that by and large the nation’s foreclosure crisis is winding down. During the height of the crisis millions of Americans lost their homes as a result … Read More
Neighborhoods Becoming Increasingly Creative In Wake of Zombie Foreclosures
In the wake of the great recession, millions of Americans are finding that their neighborhoods are having to deal with the remnants of the foreclosure crisis. Tens of thousands of homes, which went into foreclosure often times years ago, are … Read More
What Is A Zombie Foreclosure And How Does It Affect A Community?
One of the long lasting vestiges of the Great Recession and the ensuing foreclosure crisis is the so-called zombie foreclosure. Unlike a typical foreclosure, which attracts purchase activity due to its reduced price, a zombie foreclosure is a home which … Read More
Investing In Foreclosures – Buyer Beware
It is no secret that in recent years a great number of homes have wound up for sale on the foreclosure market due to the nation’s economic ups and downs. But many of this large number of foreclosures are actually … Read More