Foreclosures

Maybe There’s Something To This Obama Foreclosure Plan After All

A plan floated by the Obama administration a couple of months ago to sell off tons of government foreclosures to private investors is actually starting to take traction – contrary to the expectations of critics when the plan
Foreclosures

Massachusetts Court Delivers Ruling in Foreclosure Case

We are not legal experts by any means, but it’s not too difficult to see that buying foreclosures that weren’t properly foreclosed on in the first place probably shouldn’t
Foreclosures

Foreclosure Notices Increase From July to September

Those who have been tracking the real estate market, here’s another nugget of news that was not unexpected at all: Foreclosure notices across the nation surged by 14% from the second quarter to the third quarter

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Foreclosures

More Trouble for Foreclosure Settlement?

October 6th, 2011 by Simon Lindsay

It seems like the foreclosure settlement negotiations going on in Washington just can’t catch a

Foreclosure Help

Foreclosure Prevention Program Falls Short

September 29th, 2011 by Simon Lindsay

The federal government, to its credit, has tried several plans and enacted several programs to reduce the number of foreclosures entering the market now and in the near future. While their intentions were good, the effect has been something akin to fighting a flood by removing a few buckets of water – especially with the Emergency Homeowners’ Loan Program

Foreclosures

Detroit High-Rise is Classic Example of Modern Foreclosures

September 27th, 2011 by Simon Lindsay

Within the next few months, an iconic high-rise apartment building in downtown Detroit – Riverfront Towers – could be sold at auction like thousands of other foreclosures in the metro area and elsewhere in the country, all as a result of the foreclosure crisis that is nearing its fifth

Foreclosures

New Foreclosure Reality Show Reflects Reality Pretty Well

September 19th, 2011 by Simon Lindsay

The cameras haven’t started filming yet, and ink on the contracts is barely dry, but a new reality show based out of Phoenix, Arizona that covers foreclosure auctions promises to bring the foreclosure crisis front and center – into your living

Foreclosures

Are Banks Restarting the Foreclosure Machine?

September 15th, 2011 by Simon Lindsay

It’s no secret that the foreclosure machine – a.k.a. the processing of thousands of foreclosure filings, evictions, and auctions on a weekly basis by banks and lenders across the nation – has been pretty much closed for business over the past year due to foreclosure fraud and other

Foreclosures

The Luxury Foreclosure Renaissance: Why High-End Foreclosures Are Growing

September 8th, 2011 by Simon Lindsay

Foreclosures abound in today’s distressed market, and virtually every segment of the income range is affected. You can buy foreclosures in Detroit for $500 if you want – although at that price they’re not much to look at. You can also buy foreclosures for 1,000 times that amount – homes that originally cost well over a million

Foreclosure Crisis

New York Reaches Agreement With Goldman Sachs Over Foreclosures

September 1st, 2011 by Simon Lindsay

The foreclosure settlement that has been raging between banks, states, and the federal government for close to a year now is still slogging through knee-deep mud, but in one state, an agreement has been reached regarding foreclosure

Real Estate Investing

Plenty of Undervalued Homes in the Market Today

August 18th, 2011 by Simon Lindsay

A report released today revealed something about the real estate market that we’ve been preaching about for a while now: There is an abundance of undervalued homes on the market that are ripe for the

Foreclosures

New Jersey’s Foreclosure Market to Start Picking Back up

August 16th, 2011 by Simon Lindsay

The foreclosure market across the nation has largely declined over the past year – not because of any real improvement in the economy, though. By and large, states have witnessed far fewer foreclosure filings this year than in years past, but the decline is not a result of large-scale improvements in the economy, or even application of loan modification programs from state and federal

Foreclosures

The Government’s Rental Scheme is Picking Up Steam: How You Can Benefit

August 10th, 2011 by Simon Lindsay

No one can say that the federal government is usually creative. But, with its recent foreclosure rental scheme, it may be earning that

Foreclosure Crisis

Should Foreclosures Be Outlawed? Laws, Jobs, and Other Real Estate Musings

August 5th, 2011 by Simon Lindsay

The real estate market has been up and down so many times many of us feel like we’ve been on a wild, bone-jarring rollercoaster. Homeowners definitely feel that way; some in California have even starting considering the possibility of doing something drastic to rectify problems in the market – like ban