Hot Tips for Foreclosure Buyers Recent reports showed that home sales activity in some markets have improved, mainly due to the increase in foreclosure sales. It would seem that these repossessed properties are attracting more and more buyers who are looking to enjoy the savings that come with buying them. Of course, it is not [...]

Michigan Foreclosures Receiving Multiple Offers In Genesee County, Michigan, market conditions seem to be different than what can be observed in most housing markets. Instead of the buyers enjoying the advantages, it is the foreclosure sellers who are receiving multiple offers. Such situation has made many experts think if the local real estate market is [...]

County Court Addresses Foreclosures with Mediation Program In the past year, the number of foreclosure filings in Ohio has reached a record 83,000. For this reason, the Stark County Common Pleas Court has initiated the launching of a mediation program that will bring together mortgage lenders and distressed borrowers so that both parties can avoid [...]

Trump to Rescue Ed McMahon …Again Ed McMahon can once again breathe a sigh of relief after Donald Trump’s attorney said that the billionaire developer is making another bid for the television host’s property. Just last week, negotiations with an anonymous bidder fell apart after the refusal of the said bidder to pay the deposit, [...]

Little Sunshine in Miami, Florida Within the last quarter, one out of every sixty two homes has filed for foreclosure in the Miami area. This, according to a recently released report, lists Miami as the city that is hit the tenth hardest in the country in the current mortgage fiasco. Insurers of mortgages who protect [...]

Auctions Galore in Denver, Colorado According to a recent report, Colorado came in at the 5th highest spot when it came to foreclosure rates across the country in 2008’s second quarter, with 1 foreclosure filing in every 129 homes. Nevada, for the same time period, had 1 foreclosure filing in every 43 homes, and came [...]

More Losses in Los Angeles, California Nightmare If the first two quarters of 2008 were compared with the first two quarters of 2007, there has been an increase on 286 in Los Angeles foreclosure homes. Many are calling this period to be the worst after the Great Depression. The figures quite clearly show that the [...]

Benefits of Foreclosure Workshops Ever since the subprime mortgage industry collapsed under the large volume of mortgage defaults, the entire nation has been struggling with the adverse effects of having large inventories of foreclosed homes. To make matters worse, the declining home prices and stricter lending rules have started affecting individuals and families who would [...]