News And Articles About Foreclosures

  • Lisa Simpson |
  • Jan 14,2010

Foreclosures are Making Government Think about Continuing with more Assistance

The government has already intervened considerably but despite this foreclosures are persisting. This is making many in the government think about continuing with the assistance. The mid-December meeting of Federal Open Market Committee indicated a continuing concern about how far the recovery has actually taken place considering the high unemployment figures and foreclosure numbers. There [...]

  • Lisa Simpson |
  • Jan 13,2010

70% of Seniors Have Been Lured and Trapped into Dangerous Loans

Octogenarian Giuseppa Bagnarol was on her deathbed – the grand matriarch being surrounded by innumerable family members. They had all come to the retreat in Redwood City that Giuseppa had set up. It comprised of an estate of three houses sweeping down a hillside where she led a green life raising chickens. Some of her [...]

  • Lisa Simpson |
  • Dec 17,2009

Senior Citizens are Apprehensive of Losing Their Homes and Hearths

Long four decades ago when Robert Peter Rogers was discharged from the Navy he promised his fiancée that he would give her hamburgers. At that time Julie Ann, in the peak of her youth, told him that she would rather have a house where she could cook for him all the hamburgers he wanted. That [...]

  • Lisa Simpson |
  • Oct 6,2009

Millions Stashed Away in Swiss Bank Creates Sensation

An individual from New Jersey admitted his guilt to have hidden $5 million from IRS in Swiss Bank. He is the affluent owner of a firm dealing with building materials. He pleaded his guilt for attempting to avoid taxes. He is the fifth suspect to have been caught in the wide net spread out by [...]

  • Lisa Simpson |
  • Sep 25,2009

Obama Plan to Save Homeowners is Yet to Gather Steam

The US is going through a challenging phase. The country is in the grip of a deep recession and the housing industry is the worst affected. To bail out the real estate sector, the Obama administration had come up with a plan by which loans would be modified. However, the plan is yet to gather [...]

  • Lisa Simpson |
  • Jun 9,2009

Repo Auctions And Its Advantages

Possessing a house is great responsibility as it secures the life of an individual as well his family dependent upon him. But people are more confused about buying property in these high rated times. Most of the homes for sale today are highly priced. There are now available cheaper homes in the repo auctions. These [...]

  • Lisa Simpson |
  • Jun 5,2009

Legal facts related to Florida government foreclosures

Florida government foreclosures are the properties which are repossessed by the government agency in Florida after the borrower misses monthly installment of the mortgage bond. The proceedings of the Florida government foreclosures are carried out in accord with the federal laws. First of all, a payment default notice is issued against the borrower. The borrower [...]

  • Lisa Simpson |
  • Mar 4,2009

Understanding Florida Foreclosures for Sale

Florida foreclosures for sale have witnessed a drastic increase over the last few years and it has really affected the real estate market. According to the recent data collected by the housing division of Florida, more than 30,000 real estate properties are available as Florida foreclosures for sale. Many people are currently facing home foreclosure [...]