July 3rd, 2008

Foreclosure Counselors Attend Denver Convention

Foreclosure Counselors Attend Denver Convention The deepening problems in the housing and mortgage industries have not only resulted to millions of homes in foreclosure. The unfortunate situation has also given birth to thousands of foreclosure counselors, who are working with local governments and non-profit organizations, in order to provide assistance to troubled homeowners facing foreclosure. [...]

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Foreigners Find Investment Opportunities in Foreclosures

Foreigners Find Investment Opportunities in Foreclosures Canada residents are packing up their bags and heading to states like Arizona to get a glimpse of the foreclosure properties being sold at a fraction of their market prices. Also, nationwide, home prices have declined considerably, by as much as 30 percent in some cities. Such decline is [...]

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Getting Ready to Buy REOs

Getting Ready to Buy REOs Each time you look at the real estate section of your newspaper, you will notice the huge listings of real estate owned properties or REOs. These properties are actually foreclosure homes that have been returned to the mortgage holder because they were not sold at the foreclosure auctions. As investment [...]

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Jazz Vocalist: Latest Foreclosure Victim

Jazz Vocalist: Latest Foreclosure Victim The foreclosure crisis is certainly hitting the working class quite hard. It claimed another victim in the person of Ernestine Anderson, a 79 year old – jazz vocalist who sang with famous singers such as Ray Charles and Quincy Jones. The Seattle local is reportedly behind in her mortgage payments [...]

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Washington DC Foreclosures Soar

Washington DC Foreclosures Soar As the nation strived to overcome the hurdles brought about by the mess in the housing sector, the foreclosure rate of Washington DC seem to be moving at warp speed. In fact a year to year analysis report showed that the region currently has the fastest growing rate in terms of [...]

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