Slow Rate of Foreclosure in Dallas and Other Parts of North Texas Is Good News?
In the rising tide of foreclosure, the good news of homeowners in Dallas and other parts of North Texas is that there is a slowdown in the number of Dallas foreclosure homes. However, at the same time, analysts who have been tracking various home loan/mortgage defaults believe that people should not go by these temporary figures as the situation can change for the worse in the coming months. This is just an assumption!
Foreclosure Scams Claim Another Victim
Distressed homeowners facing the possibility of foreclosure are being targeted by unscrupulous individuals and companies under the guise of offering foreclosure help. Another couple in California has actually fallen victim to a foreclosure scam that involved paying a small fee in exchange for stopping foreclosure.
Foreclosure Home Sales Up
Housing market conditions have still not recovered and it is only expected that existing home sales remain to be sluggish. But surprisingly, most of the properties being sold are foreclosure homes.
National Foreclosure Rate Soar 53%
According to the most recent US housing market data released by RealtyTrac, the number of homes that entered some stage of foreclosure has grown by over 50 percent in the last twelve months. For the month of June alone, there were actually 252,363 foreclosure filings.
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Realtors: Inspecting home inspectors
Realtors: Inspecting home inspectors by Gil Strachan Examining the quality and consistency of home inspections. Province of Ontario, June 2005 Update In real estate transactions, some things never change. Sellers usually feel theyve given their house away, buyers believe theyve paid too much and Realtors fear neither side will ever get to the closing table. There is however, […]
American Society of Home Inspectors
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Michigan Foreclosure Rate Affected by Local Economy
Most cities and towns in Michigan are feeling the impact of the enduring foreclosure crisis. In fact, the jump in the state’s foreclosure rate is now being tied to the local economy.
Legacy Home Inspections
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Election Officials Worried About Foreclosures and Voting Rolls
In Columbus, Ohio, election officials are becoming worried about the possible problems that might arise when voting day comes. Registered voters who have lost their homes to foreclosure might endure some inconveniences since their addresses are now different. In addition, their provisional ballots might not be counted if they fail to make the necessary changes.
