Posts Tagged ‘Abysmal Performance’

Foreclosures - Swindlers Exploit Foreclosure Listings

Tuesday, April 21st, 2009

to earn money from renters looking for cheaper rentals. These swindlers have studied the foreclosure system and have looked for ways to exploit the system. In Ellis County in Texas, law enforcer Mike Jones discovered one illegal renter when he passed by a large house with overgrown weeds, but with curtains and a Ford car parked in the driveway.
Source: www.foreclosurelistingsnationwide.com

Swindlers in Foreclosure Listings Not Punished
Despite the rising number of cons and scammers victimizing homeowners distressed by foreclosure listings, most prosecutors are still filing only civil actions against them. Civil actions only aim to recover victims’ losses; they do not put fraud perpetrators in jail.

North Carolina’s attorney general Roy Cooper said it is difficult for his office to launch investigations on misdemeanors. Only a few states have attorney general offices that are able to launch efforts to file criminal charges and seek jail time for swindlers focusing on foreclosure listings.
Source: www.foreclosurelistingsnationwide.com

Relief Plan to Stem Foreclosed, Cheap Houses for Sale
Hopes are pinned on the foreclosure prevention plan of President Barack Obama to help reduce the number of foreclosed, cheap houses for sale which is being blamed for the abysmal performance of the housing market for the past two years now.
Source: www.foreclosurelistingsnationwide.com

Relief Plan to Stem Foreclosed, Cheap Houses for Sale (Foreclosure)

Monday, April 20th, 2009

which is being blamed for the abysmal performance of the housing market for the past two years now.
Source: www.foreclosurelistingsnationwide.com

Positives Signs May Reduce California Foreclosures Listings
The California foreclosures rate has been one of the highest in the country. Some industry experts even believed that California is the state hardest hit by the foreclosure crisis.
Source: www.foreclosurelistingsnationwide.com

Relief Plan (Foreclosures) to Stem Foreclosed, Cheap Houses for Sale

Sunday, April 19th, 2009

which is being blamed for the abysmal performance of the housing market for the past two years now. foreclosures

Federal Housing Administration (FHA) insures mortgages to enable people to buy homes, once people default to make payments, the sum insured by government is given to the lending institution and the property is attached to government and they try to sell it as quickly as possible because they had already … foreclosures

Relief Plan to Stem Foreclosed, Cheap Houses for Sale (Real estate)

Saturday, April 18th, 2009

which is being blamed for the abysmal performance of the housing market for the past two years now.
Source: www.foreclosurelistingsnationwide.com

Saint Petersburg Pushes Up Florida s Foreclosures by State
Foreclosed homes in neighborhoods in Saint Petersburg have put Florida among the top three in rankings of foreclosures by state. In 2008, Florida was second in foreclosures by state with 385,309 residential properties with foreclosure filings, according to foreclosure tracking firm RealtyTrac. It also had the second highest foreclosure rate, with 4.5 percent of residential properties in default.
Source: www.foreclosurelistingsnationwide.com

How to buy foreclosures - Mortgage Fraud Soars Amid Foreclosure Listings

Saturday, April 18th, 2009

and as they implement stricter processes and more requirements for loan applicants, incidents of loan fraud have started to increase.
Source: www.foreclosurelistingsnationwide.com

Relief Plan to Stem Foreclosed, Cheap Houses for Sale
Hopes are pinned on the foreclosure prevention plan of President Barack Obama to help reduce the number of foreclosed, cheap houses for sale which is being blamed for the abysmal performance of the housing market for the past two years now.
Source: www.foreclosurelistingsnationwide.com