A state agency in Arizona, originally founded to help homeowners resist foreclosure, has turned instead to helping people sell their homes at reduced prices through short sales. Insiders claim that this turn is due chiefly to...
Category: Foreclosure
When the recession first hit three years ago, the majority of foreclosures and bankruptcies fell on those who had overextended their finances by buying above their means and developers who over-invested their resources. Now,...
In Orange County, California, foreclosures are taking longer and longer to process. It now takes lenders in Orange County 30 percent longer to complete a foreclosure, with the time necessary to process a sale or repossession...
28 Sep, 2011
Foreclosure Victims Protest Across 10 Cities
These days it can seem as though the American economy is caught in a never-ending downward spiral. Many Americans have lost their jobs and their homes, and the number of victims doesn’t seem to be improving. With such a...
When a neighbor’s house falls into debt and is foreclosed on by the bank, it can do damage to more people than just the owners of that particular property. When a house gets foreclosed on, it can be an absolute nightmare...
