Real Estate Foreclosure Blog
Buying foreclosed units is not an easy but a tough job. A couple made a price offer on a house just prior to its foreclosure but it was refused. The offer was not acceptable to clear the dues of the total number of lien holders. The question being posed is would the [...]
The story of 45 year old Howard Stitzel from Stetson University of Law is that of a life gone awry with foreclosure and implications in murder playing roles in his downfall. He lived larger than his life in the small town of Plant City.
At one time he practiced law with his colleague being former House [...]
Foreclosures have devastated the daily lives of the ordinary people of America. Scott Phillips had to close his small plumbing company. Roshonda Bolton was unemployed after the garment and uniform factory where she had worked for 16 years shut down last August.
Due to unemployment, eight million jobs were dropped. But the situation changed when they [...]
There is no second opinion that government aid has been failing. As such it is time to do some rethinking about foreclosure moratoriums and debt relief. President Obama is now changing his focus shocked into action by the victory of Brown in Massachusetts, Congress abandonment of his health care plans and fears of a public [...]
At the close of 2009 the number of foreclosures in Coshocton County is nearly the same as that of 2008. At the start of December there were 186 foreclosures in the county. In 2008 the total had been 208.
The Deputy Sheriff of the county Steve Fox said he had not “noticed any decreases.” On an [...]
A casual look at figures will show that foreclosures took away the real estate wealth of the people by trillions. The median home prices increased every year from 1989 till 2006 prior to the sliding that started in 2007. In the third quarter of 2009, of all the Americans house owners [...]
In 2009 the number of newly unemployed was about 400,000 per months while there were on an average 300,000 foreclosures. The figures are real and not from fudged official sources. The government does not count people as unemployed when their unemployment benefits run out of time.
Another instance of official fudging is [...]
There are talks about recovery but also rumours about another bubble are making the rounds. Recovery seems to be riding a speculative bubble.
Huge profits are being made by important financial entities and capital is flowing into the emerging markets leading to speculative increases in the stock markets across the globe. In Asia [...]
Real Estate Foreclosure Blog