This year the property tax defaulting cases have increased in Merced County by about 3%. This means that the defaulters will be slapped with late fees and the county has to take a loan to keep on its rails. This is a new fall out of the foreclosure crisis in Merced County – something that [...]

In California foreclosures have joined hands with fire and mosquitoes in a dance of destruction. In Northern California fire outbreaks have become common. Many are commenting that because of the phenomenal rise in fuel prices some are resorting to traditional methods of lighting a fire and that is causing these numerous accidents. Fires have stopped [...]

A housing group in Lake County is threatening to halt foreclosure auctions by taking legal action. The County Council supported the proposal of the group of temporarily putting on hold house foreclosures, so as to give more time to the borrowers to try to save the houses that are their homes.

Sheriff Roy Dominguez contends that [...]

Columbia County continues to be one of the top foreclosure offenders. Its tale of woes goes back to a time when the foreclosure numbers had not caught the attention of the media. Since 2001 the number of foreclosures have been quietly and steadily increasing. In 2001 the total was 343. That jumped to record breaking [...]

Foreclosures march on relentlessly gobbling up anything in its way. This time a family of fourteen members is the victims of foreclosure in Nevada. It is the sad story of a couple that lives with their twelve adopted children aged three to sixteen. The 3,400 square foot house in Spanish Springs of Dave and Kathy [...]

About a century ago Mexico lost Texas. Texas became a state of USA by a treaty of 1848 at the close of a three-year with Mexico. Today Texas foreclosures are helping Mexican buyers. Virgilio Garza is one of them who want a piece of his ancestral land back – and his willing to pay for [...]

South Dakota is still relatively healthy as compared to other regions but Pennington County is seeing foreclosures rapidly going uphill. It seems that by September the numbers in these nine months will out pace the number of the full 12 months of the previous year. In 2007 there were 100 foreclosure [...]

The ripple effect of foreclosures is telling all around. The city revenues have dropped, crime has increased and so too has homelessness. There are vacant properties everywhere according to a survey conducted by the local elected officials. Two thirds of the latter reported to the National League of Cities that since the previous year all [...]

The see saw of foreclosure sales is causing it to rise in Battle Creek by 13% while on the national scene it goes down to an increase of only 2% in May 2008.
However the increase in sales is not without a price. Most of these are as a result of agreements reached between lenders and [...]

Foreclosures are reaching out beyond the lower income bracket to throw out the middle class on to the streets. The middle class has now joined the desultory group of hapless people who live in their cars and mobile units. This is happening right across the country. The situation is worsening with [...]