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Government Foreclosures. Foreclosed Homes, Properties & Real Estate Auctions
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Since the top of the housing market in November 2005, US house prices have been on the decline – and a rapid decline in many areas of the nation. According to the Financial Post, it is too early to call a definitive bottom in home prices in the near term. Mortgage delinquencies continue to increase… Read More »
By now it is pretty well known that foreclosure auctions are fast becoming the best place to look for bargains when it comes to getting hold of “distressed” properties at prices that cannot be beaten! This is a “secret” that’s not really that much of a secret anymore. There are more and more people that… Read More »
In today’s freefalling economic situation there are going to be a good many people that think that there is nothing that they can do if they have gotten a Foreclosure Notice from your lender. The truth of the matter is that you actually do have a few options open to you if you are about… Read More »
Families across the nation are victims of the foreclosure process due to the declining real estate market and the economic crisis. There have been so many job losses that result in nonpayment of so many bills. Paying a mortgage has become very difficult for many American families. The foreclosure process is an ugly experience and… Read More »
As foreclosure activity continues to rise and more and more workers either have their wages cut or lose their job, action must be taken by homeowners with a loan who are at risk of default. There are a number of things that these homeowners at risk can do to help their situation: Talk to your… Read More »
Despite ongoing Federal and State Government measures, home foreclosures continue to rise. US home loans fell at a record pace in July as 1 in every 355 households with a loan received a foreclosure filing (more than 360,000), as stated by RealtyTrac. As unemployment continues to rise, foreclosure filings climb. Foreclosure activity shot up 7… Read More »
Foreclosed properties, or foreclosed homes, are typically homes in which the owners failed to comply with a lender’s agreement. In other words, the property owners failed to pay their mortgage repayments (that is, they defaulted). Often the home is of good quality but the previous owner in most cases simply could not keep up with… Read More »
Do you know what bank foreclosed homes are. They are homes which have been taken over by the banks or other lending institution because of the home owner was not able to pay the money he had borrowed and the lender has foreclosed the property. Most of the times the bank foreclosed homes are sold… Read More »
