Using Spirituality To Solve Foreclosure By: Sharyce Arciaga About the Author Sharyce Arciaga is the Author of this article. She is a spiritual advisor and writer who has over 15 years experience and she offers spiritual advice, ideas and resources to help you reach spiritual transformation and awareness on her blog TheSpiritualArc.com (ArticlesBase SC #3550940) Article Source: http://www.articlesbase.com/...more
As you can see there are many ripple affects from the down turn of the Michigan economy and because of this many people have had trouble making payments on their home and have been forced to foreclose. Hopefully this article has given you some insight into why Michigan foreclosures occur.Understanding The Biggest Reason For The Increase In Michigan Foreclosures By: lisa lucero About the Author If you love this article, you...more
Lawmakers Force Banks to Maintain ForeclosuresOnce again, in the first quarter of 2010, an overwhelming number of foreclosures hit the housing market. A record number is expected again in the last quarter of 2010. And local lawmakers all across the country are moving to force the banks and financial institutions who are taking possession of these homes to perform the necessary property preservation services in a timely fashion, in order to prevent them from taking down whole neighborhoods with them.In Ocala, Florida, for example, the city council grew weary of complaints about overgrown yards, uncovered swimming pools turning into green cesspools and vacant homes either being broken into or getting vandalized. So they joined the 38 other communities in the Sunshine State by passing an ordinance obligating the banks, most of which are located out of state, to register the abandoned homes and hire property preservation companies to maintain the homes and keep them in compliance with city code.This is so common in Florida now, said John Cary, the citys community services legal advisor. I dont anticipate there being a problem with most banks.Meanwhile, the state of Colorado has taken a...more
Aside from this they also help you in slashing down on your monthly payments.There is another option known as the short sale.Deed in Lieu is another option which also guarantees to stop foreclosure. Regardless of the problem,the Massachusetts foreclosure center offers you the best help to stop foreclosure.Stop Boston Foreclosure: Evaluate Your...more
During the course of a foreclosure proceeding, there are specific times when various notices are given for a particular duration before the next action is carried out. These proceedings can be cut short or stopped when notices are given for a specific action to be carried out. Any person interested in continuing to hold legal rights to their...more
Foreclosures set yet another record this month, with the highest foreclosure rate on record. The foreclosure rate is up over 81 percent from January 2007, and over 225 percent from 2006. Over 860,000 home owners lost their houses to foreclosure in 2007. This amounts to one out of every 50 homes in the entire nation. Think about it. If one out over every 50 people are loosing their house to foreclosure, then you have to know someone who is going through the foreclosure process.It is clear the current process to stop the foreclosure crisis and slow the rate that people are being kicked out of their homes and to the streets is not working. The government has been trying to slow the number of foreclosures by putting money into the banking system and asking lenders to work with home owners. The system is not working.But, there are some ways home owners can get banks to work with them and avoid foreclosure. I have spoke with many famlies from Idaho, California, Florida and Massachusetts that have all had success in stopping the bank from taking their home. Some of these families refinanced because they have equity, some were able to sell their house below what their mortgage balance...more
Door Hangers Help Property Preservation Company Maintain HomesForeclosures are still everywhere in the news and all across this countrys neighborhoods.Recently, the long-running CBS news hour 60 Minutes profiled average Americans who, because of the...more
If a homeowner fails to pay on their mortgage loan then the bank holding the mortgage comes in and obtains the home in exchange for the money that was lent out to the homeowner. Often times before this happens however, the bank tries to work with the...more
Subscribing to a foreclosure listings provider can assist a homebuyer in finding what he is looking for. But the numerous choices can make it confusing sometimes, particularly for buyers who have never purchased a foreclosed property before. To make...more
Following the crash of the equity indexes in 2000, money started flowing into real estate across the country. Investors were just fed up with "paper" gains on intangible assets. The thinking was, and I heard it repeated over and over "At least with...more
Foreclosure listings are very beneficial as they guide people while buying a property at auctions. The properties being sold there are in a very good condition. When a person buys home through foreclosure listings, then he can certainly earn some...more
Whether you are a buying looking for a home to reside in or a real estate investor seeking to expand your portfolio of homes to rent out or re-sell, you can definitely use a foreclosure listings service. There are a good number of foreclosure...more