E Foreclosure Magazine

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Dec
11

Foreclosed Home Auction Could be Delayed Further in Maryland

Foreclosed home auction by courts or trustees could be delayed further in Maryland if Governor Martin O’Malley, state legislators and banking regulators are able to craft another law that would require homeowners and lenders to meet in person to work out a repayment scheme that would prevent foreclosure.

Continue Reading: Foreclosed Home Auction Could be Delayed Further in Maryland

Dec
10

Repo Homes Will Rise Next Year despite Eight-Percent Drop

Repo homes will rise in number next year despite the eight-percent decline in foreclosure filings across the U.S. in November, according to analysts working for a California-based foreclosure tracking firm.

Continue Reading: Repo Homes Will Rise Next Year despite Eight-Percent Drop

Dec
4

Foreclosed Homes Auction for Upscale North Carolina Assets

A foreclosed homes auction will be held next year to sell off properties in the upscale neighborhood called Mackintosh on the Lake in Burlington, a city in Alamance County, North Carolina.

Continue Reading: Foreclosed Homes Auction for Upscale North Carolina Assets
Dec
3

Bank Owned Properties in Grand Rapids in Leaseback Program

Bank owned properties in the residential sector in Grand Rapids, Michigan are being purchased under a leaseback program administered by Lighthouse Communities, a community organization which is part of the Kent County coalition called Foreclosure Response.

Continue Reading: Bank Owned Properties in Grand Rapids in Leaseback Program
Nov
27

Foreclosed Lists Growing in West Georgia due to Job Loss

Foreclosed lists are growing in West Georgia because of the rising number of homeowners losing their jobs, based on records from the Carroll County Tax Assessor’s Office.

Continue Reading: Foreclosed Lists Growing in West Georgia due to Job Loss
Nov
26

Bank Repo Houses Indicate Credit Card Delinquency Levels

Bank repo houses are also now good indicators for credit card delinquencies, according to a study released by credit report issuer TransUnion.

Continue Reading: Bank Repo Houses Indicate Credit Card Delinquency Levels
Nov
20

Foreclosure Home Auctions Generate Millions in Home Sales

Foreclosure home auctions conducted by auction companies Real Estate Disposition Corporation, Rowell Auctions and Hudson & Marshall continue to generate millions of dollars from foreclosed home sales.

Continue Reading: Foreclosure Home Auctions Generate Millions in Home Sales
Nov
19

Bank Owned Repossessed Homes in HSBC Books Dropping

The number of bank owned repossessed homes in HSBC books has been dropping, according to regulatory papers filed in the U.S. by the consumer lending unit of the London-based bank.

Continue Reading: Bank Owned Repossessed Homes in HSBC Books Dropping
Nov
12

Distressed Home Listings Offered by Banks with Stipulation

Distressed home listings are now offered by an increasing number of banks with a certain stipulation – that buyers obtain their financing from the selling banks and not from other lenders.

Continue Reading: Distressed Home Listings Offered by Banks with Stipulation
Nov
12

Why a Repo Property for Sale in Florida Is Good Investment

Every repo property for sale that gets closed in Florida represents one good investment decision, particularly for buyers who can afford to wait for several years before reselling at a great profit.

Continue Reading: Why a Repo Property for Sale in Florida Is Good Investment

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