Foreclosure1 Blog

Once thriving communities have become ghost towns with boarded house broken in by vandals and criminals. Foreclosures have laid a curse on the country.
What is the answer? At a Regional Housing Forum in Atlanta many suggestions were made and top priority was given to avoidance of bankruptcy. Help should be at hand as soon as […]

Twin Cities Habitat for Humanity is a non-profit organization working round the clock to bring back people from the precipice of the foreclosure fall. More and more cases are coming up in which the mortgage debt is being reconsidered. In one case the lender was obliging enough to slash off $21,000 from the debt without […]

In the present scenario obtaining in U.S. real estate market, where large number of homes in all the States are under some stage of foreclosure process, it is high time that the home owners in distress get necessary counseling on the subject. In such a situation, it would be intimidating to discuss the foreclosure with […]

In one voice the residents of Warren voted in favour of waiving a foreclosure on rifle range property on Route 90, the owners being Richard and Kathleen Dunican. The Dunicans owe more than $16,000 to Warren town starting from 1999. But because of environmental related problems on the property the town has decided to waive […]

Indiana is ranking third amongst the nation’s foreclosure offenders. The state government can no longer remain a spectator. With the implications of foreclosures touching each and every aspect of the socio-economic scenario it is to the interest of all – government, lenders as well as of course the borrowers to pitch in.
What makes the foreclosure […]

With many foreclosures on the rise many are keen to know what is meant by foreclosures and what its implications are. Those directly affected will be keen to know about it before sitting down to talk with the lenders. It is especially the low and middle-income group that needs to be financially educated so that […]