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Stories tagged with: foreclosure crisis
Growing Number of Renters Affected by REO Properties Crisis
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http://www.foreclosuredeals.com/wp/growing-number-of-renters...
Tenants' advocacy groups said that national legislation that include some protections for renters evicted from REO properties are not enough to address the growing problem. The new rules require lenders who are about to foreclose on a property to allow tenants to stay for at least three months or until their leases expire.
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Submitted by cassy
35 months, 2 weeks, 21 hours agoTags: REO Properties, foreclosure crisis, foreclosure
City to Buy and Sell HUD's Repossession Homes
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http://www.findforeclosureproperties.com/blog/ohio/city-to-b...
The city of Mansfield in Ohio is gearing to buy repossession homes using the almost $1.7 million federal funds it is eligible to receive under the Neighborhood Stabilization Program. The program will allow the city to purchase foreclosure properties at a bargain from Fannie Mae or the Department of Housing and Urban Development.
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Submitted by cassy
35 months, 2 weeks, 4 days, 19 hours agoTags: repossession homes, foreclosure crisis
New York Condos to Enter Foreclosure List Inventories
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http://www.listingsforeclosures.com/new-york/new-york-condos...
More high-end New York condos are expected to enter foreclosure list inventories as more financial hotshots get terminated or receive pay cuts. Developers could not easily reduce unit prices to make more sales because of the complex financial loans they obtained to finance their projects.
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Submitted by cassy
35 months, 4 weeks, 17 hours agoTags: Foreclosure List, bargain foreclosure, foreclosure crisis
Meeting to Address Effects of Bank Owned Foreclosures
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http://www.bankforeclosuressale.com/wp/article-0615961.html
Distressed homeowners and renters in Grand Rapids, Michigan have joined together in a Foreclosure Response meeting to address the effects of bank owned foreclosures. The meeting provided information on the foreclosure mediation law and its benefits to troubled homeowners and renters.
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Submitted by cassy
35 months, 4 weeks, 1 day, 18 hours agoTags: Bank owned foreclosures, Foreclosures, foreclosure crisis
City Considers Repossession Homes Registry
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http://www.findforeclosureproperties.com/blog/minnesota/city...
A Minnesota city is considering a registration of all repossession homes in the area. The registry plan is designed to contain the devastating effect of the foreclosure crisis on neighborhoods and communities in the area.
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Submitted by lets03
36 months, 2 days, 21 hours agoTags: repossession homes, foreclosed properties, foreclosure crisis
Funds to Help Buy Properties on Listings of Bank Owned Homes
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http://www.bankforeclosuressale.com/wp/article-0610942.html
Connecticut will get a boost for its fight against the foreclosure crisis. The state will release about $3.4 million block grants to buy and rehabilitate properties on listings of bank owned homes.
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Submitted by cassy
36 months, 4 days, 17 hours agoTags: Listings of Bank Owned Homes, foreclosure crisis
Rising REO Properties Affecting Horse Farms in Connecticut
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http://www.foreclosurehomesinvesting.com/connecticut/rising-...
The devastating effect of the increasing number of REO properties has reached horse farms in Connecticut. Real estate agents said that there more horse farms available on the market today.
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Submitted by lets03
36 months, 5 days, 18 hours agoTags: REO Properties, foreclosure crisis, REO properties listings
Skateboarders Find Use of Repossession Homes
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http://www.listingsforeclosures.com/california/skateboarders...
Skateboarders in Fresno, California have found a way to benefit from the foreclosure crisis. And as others lost their homes to foreclosures, skateboarders decided to use the backyards of repossessed homes where abandoned pools are located.
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Submitted by cassy
36 months, 6 days, 20 hours agoTags: repossession homes, foreclosed property, foreclosure crisis
Ohio Funding to Cope with Effects of Bank REO Properties
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http://www.foreclosuredeals.com/wp/ohio-funding-to-cope-with...
An Ohio city has received over $2 million in federal funds to help it counter the effects of bank REO properties. The funding is made possible under the Neighborhood Stabilization Program.
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Submitted by cassy
36 months, 1 week, 3 days, 21 hours agoTags: Bank REO Properties, foreclosed homes, foreclosure crisis
Law to Protect Tenants of Homes on Bank Foreclosure List
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http://www.bankforeclosuressale.com/wp/article-0603911.html
The Nevada Legislature has approved the much anticipated AB140 which is part of the effort to alleviate the growing foreclosure problem in the state. The law offers protection to tenants of homes on Bank Foreclosure List.
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Submitted by cassy
36 months, 1 week, 4 days, 19 hours agoTags: bank foreclosure list, foreclosure crisis, foreclosure
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