Foreclosure1 Blog

Only a year after its opening IMAX movie theater was shut down after its owner filed for bankruptcy. Today its fate is foreclosure auction. Metro Cinema and Indigo Grille suddenly were closed down in January under tragic circumstances – filing of bankruptcy (chapter 11) within a year of its opening by its holding company MC […]

Monday broke all records in California. In the auction melee as many as 5,238 houses were waiting to be sold across the entire state. For a single day it was an unprecedented record. A year ago there were 400 to 500 auctions daily. By the end of 2007 the average rose to 2,500. But nothing […]

Foreclosures are rising – rising by millions right across the country. This means increasing auction sales. Many are hopeful and sometimes sure about clinching a bargain deal. But the reality is different. In California 12,336 foreclosed units were up for sale in courthouses. Of these 97% returned unsold to the lender. In Santa […]

Foreclosures seem to have come to stay. It is lurking everywhere to jump on the unwary. Even if one is not directly hit, in some form or the other secondary infection sets in. Help calls are overwhelming centers but very little is being done. Foreclosures have become all mighty and all powerful. The law seems […]

The Running Horse Golf & Country Club is in Fresno, California. A tournament – Running Horse Golf Championship had been announce to be played in October 2007 but due to foreclosure problems it will take place in 2008 – if all goes well.
A major portion of Running Horse golf course has been allowed in a […]

A property belonging to Missouri Baptist Convention will be up for foreclosure sale on 6th November 2007. The legal representative of MBC opines that the foreclosure notice will not deter them in their effort to recover five other properties including the Windermere Baptist Conference Center. The target is to have Cole County Court declare […]