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Buying foreclosed homes – Rise in Sales of Homes on Lists of Bank Foreclosures

Sales of existing homes and properties on lists of bank foreclosures surged by 14.5 percent in South Hampton Roads in Virginia. Data released showed that investors and first-time home buyers have showed interest again on the housing market, driving up home sales in the area. The data indicated that in May, …
Source: www.foreclosurelistingsnationwide.com

N.Y. Finding Use of Condominiums on Repo List
The city of New York is planning to convert unsold apartments and condominiums on repo list into affordable houses for its residents. As luxury developers struggle to fill empty units on condominium buildings or obtain financing to continue construction on stalled projects, many empty condominiums languish on the market, further …
Source: www.foreclosurelistingsnationwide.com

OC Real Housewife Home in Loss Mitigation
According to the Orange County Register , Jeana Keough the former star of “The Real Housewives of Orange County” has “saved” her home from a foreclosure auction. In a long rambling letter from Keough to OC Register writer Mark…(read more)
Source: www.foreclosurepulse.com

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