Foreclosed Homes
Foreclosed Home Sales in Florida Accounted for 39 Percent
Distressed and foreclosed home sales in Florida accounted for nearly 39 percent of all homes sold in the state in the first three months this year.
Florida was among the ten states which had their foreclosure sales accounting for more than one-third of their overall house sales in the first quarter. Nevada posted the highest percentage [...]
Some Foreclosed Homes for Sale Might Be Due to Bank Errors
Recent concerns over foreclosed homes for sale have emerged among homeowners. According to them, some foreclosures might not have been caused by the recession or delinquent mortgage payments, but by errors committed by banks and lenders.
Distressed Homes for Sale Getting Attention From Commercial Agents
Several commercial real estate businesses in Roanoke, Virginia are trying to do their share to rescue owners of distressed homes for sale by establishing separate divisions that will deal exclusively with distressed property problems.
Foreclosed Property Sales Will Keep Depressing Home Prices
Foreclosed property sales will continue to depress home prices this year, according to several analysts and economists like Pat Newport of IHS Global Research, Gus Faucher of Moodyβs Economy.com and author Shari Olefson.
Buying Foreclosed Houses with Aid in Palm Beach, Florida
Buying foreclosed houses will become easier this week for qualified residents of West Palm Beach, Florida following the cityβs implementation of a financial assistance scheme that will provide 50-percent financing to prospective buyers of houses in the Coleman Park community.
Home Foreclosures in Palm Beach Snapped up by Cash Buyers
Home foreclosures in Palm Beach County, Florida are being snapped up by cash buyers leaving nothing for lower-income or moderate-income families who are trying to buy foreclosed houses with financial assistance from the Neighborhood Stabilization Program.
Homes in Foreclosure to Increase, Fannie Mae CEO Says
The number of homes in foreclosure will continue to rise this year partly because of the inability of many homeowners to get qualified for loan modifications and refinancing under the federal program, according to Fannie Mae CEO Michael Williams.
Maine Counties Contain Foreclosed Houses for Sale
A pilot program to implement Maineβs statewide program to contain foreclosed houses for sale is already in progress in York County, the most populous county in Maine.
More Buyer Interest for Foreclosure Homes in Fresno
More and more buyers are looking for foreclosure homes in Fresno as home prices remained very affordable despite an uptick, with the median sales price of a pre-owned home increasing to $141,500 from the $137,500 median in May.
Tips for Investors in Detroit Foreclosed Housing Inventories
Investors from around the U.S. and the world have been taking advantage of bargain-priced homes and large foreclosed housing inventories in Detroit.
