Though they are only a river apart, Missouri and Illinois have completely different sets of laws. Foreclosure, while it doesn't vary wildly from state to state, is slightly different in Illinois than in Missouri. It is important for any St. Louis, Missouri bankruptcy attorney to understand that, if he or she wants to provide protection from foreclosure for an Illinois family, he or she must know the processes in both states.For foreclosure in...more
Shreveport Foreclosures Predicted to Rise There have been reports that foreclosures have increased a whopping 8.6 percent compared to last year. This is a huge number, because 127,140 houses were sent foreclosure notices this year alone. In Georgia, 9,703 notices were sent; including foreclosures in Macon, GA. Forecasters do not see a decline in this rate any time soon. Also affected in the increase of foreclosures is Louisiana. You will...more
Recent research by RealtyTrac Year-End 2009 Foreclosure Market Report shows us that 3,957,643 foreclosure filings have been reported on 2,824,674 U.S. properties in the year of 2009. This also includes foreclosure auctions that were scheduled, default notices and bank repossessions.All told, that is a twenty one percent increase in properties from numbers in the information collected in 2008, and a one hundred and twenty percent increase in total properties from 2007. The report additionally showed us that one in forty five housing units, 2.21 percent, had at least one foreclosure filing during 2009, up from 2008's 1.48 percent and 2007's 1.03 percent.In the month of December alone, foreclosure filings have been reported on 349,519 properties in December. This a fourteen percent jump from the previous month of November and a fifteen percent increase from 2008. But despite the fact that there was an increase in December, foreclosure actions in the fourth quarter of 2008 has decreased by seven percent.Of all of the Amercian states, Nevada has the nation's highest state foreclosure rate; more than ten percent of housing units obtained at least one foreclosure filing in 2009. This...more
Increase in Foreclosures and the HUD changes to rental assistance Due to the many foreclosures and homeowners now becoming renters once again you may be interested to learn about some changes to the HUD rental assistance programs.Hud submitted the preservation of, Enhancement and Transformation of Rental Assistance Act of 2010 (PETRA) to...more
Locating The Finest Foreclosures in Florida Investing in Florida is a smart idea considering that the area is considered one of the best places to get a good bargain foreclosure from. Foreclosures in Florida are fine properties that every investor should consider buying. They have a wide array of cheap properties that will satisfy every...more
Assistance to Stop Foreclosure - Ways to get Fast And Useful Help In the middle of an economic meltdown many struggling people are searching for any legitimate method to stop the foreclosure process on their homes. The big question is, what resources are available and which may be the right one for you? Some services may offer creative financing and work as brokers for you together with your lender while others will require the role of the consultant, supplying information that would be applicable for your specific situation. The foremost and most important step you have to take is to find out exactly where you stand financially. Some people are not even conscious of their house is within foreclosure until the process is well under way. Mortgages are now being constantly resold which is imperative that you stay abreast of changes in ownership and any resulting revisions for your contract. If and when you discover you'll want to take action regarding a potential foreclosure acquire some free advice. There are reputable companies that are looking to help and will offer an initial consultation at no cost. Because there are a lot of possibilities today for acquiring foreclosure...more
The most Southern portion of the United States is warm, beautiful, green, and in trouble. People are losing their houses to fl foreclosures at an alarming rate, and although some analysts say there is a silver lining in the future, it will be a...more
The recession has brought out the creative survival side in many markets, and the housing market is no exception. Due to the recently distressed property market in the US, banks are encouraging property owners to short sale instead of foreclose.Banks...more
If you have been in the foreclosure investing business for some time, you know that your success basically rely on one thing --- hot leads to bargain distressed properties. And the only way you can increase your chances of earning really good money...more
Georgia foreclosures are continuing to negatively impact many homeowners in the state. An understanding of how Georgia courts handle foreclosures is necessary if you want to effectively defend against having your house taken from you by the bank....more
It is very easy to find information about foreclosures nowadays especially with the aid of the internet and modern technology. But finding them is not enough. You must understand how foreclosure listings work and to use them to your advantage....more
Flipping Foreclosures in Fort Wayne Foreclosures in Fort Wayne almost do not need selling as many people are attracted to the city. With its affordable cost of living, the short commutes, excellent community services, the city is an ideal...more