Dallas Foreclosures for Sale Hinders Full Market Recovery

Dallas foreclosures for sale are still clogging the housing market and pulling down home prices and values. This trend prevents the housing market from obtaining full recovery. " Dallas foreclosures for sale continue to clog the market, dragging down home prices and values....

Buying Home Foreclosures Made Possible by Federal Funds

Buying home foreclosures in California has become even easy with the help of federal funds. The funds made it possible for many families to fulfill their dreams of home ownership. " The local government of Stanislaus County, California has received federal funds to help...

VA Foreclosures Homes Now Managed by BAC Home Loans

VA foreclosures homes are now managed by BAC Home Loans Servicing, a subsidiary of Bank of America which the federal government bailed out last year. Advice on searching VA foreclosures is incuded. " VA foreclosures homes are now managed by BAC Home Loans Servicing LP, a...

Marriott Colorado Facing Bank Owned Property Listings

Three Marriott properties in Colorado are facing bank owned property listings. A notice of demand for sale was filed against Integrated Capital LLC after it defaulted on its loan. " Marriott-branded real properties located in Fort Collins, Colorado are facing bank owned...

Arizona Communal Properties Facing Tax Lien Foreclosures

About 150 homes and land holdings in Arizona are facing tax lien foreclosures. Local officials said that lien buyers can foreclose on communal properties if interest and back taxes remained unpaid. " Colorado City, Arizona’s 35 communal properties are facing tax lien...

Job Loss, Price Decline Push Up FHA Foreclosures

The number of FHA foreclosures is in danger of going up due to declining home prices and rising unemployment rate. However, the FHA is insisting that it does not need a bailout from the federal government. " Industry experts are pointing to the worsening labor market...

First-Time Buyers Find HUD Homes a Good Buy

First-time buyers are coming out in full force to buy HUD homes before the expiration of the federal tax credit. Aside from low prices, buying HUD foreclosures is easy and simple. " HUD homes foreclosures are being taken off the market in great numbers. Thanks to first-time...

Stricter Condo Lending Rules to Avert Government Foreclosures

The Federal Housing Agency has tightened its rules on condominium lending in an effort to avert government foreclosures. The rules will determine the condominium developments that will qualify for mortgage loans with low interest rates. " The languishing economy and rising...

Residential Foreclosures: Quarter Decline, Yearly Increase

The number of residential foreclosures in a New Hampshire city dropped in the third quarter but is more than the figures in the last two years. The trend prompted industry experts to say that it is too early to tell if the housing market is on its way to recovery. " There are...