Articles in the Foreclosure News Category
Foreclosure News »
If you’re new here, you may want to subscribe to my RSS feed. Thanks for visiting!In 2011 the number of foreclosures slowed. Now the banks are increasing their foreclosure activity. The number of south Florida homes in some stage of foreclosure is up 53% from 12 months ago, to 3,563 homes in February. Now, one out of every 264 homes in Florida is in some stage of foreclosure.
For all of Florida, the increase in foreclosures is slightly less, at 40%.
So what is the forecast for 2012 for foreclosure in south …
Foreclosure News »
$25 billion in Foreclosure Payouts seems like it will really help homeowners, but will it ?
750,000 people who have already lost their homes will get the magnificent sum of $1800 to $2,000 each. Too little, too late is a huge understatement.
A principal reduction of around $20,000 is expected to go to another one million homeowners who are underwater. How many homeowners in south Florida are only underwater by such a small amount?
If you are facing foreclosure will that help you? A very small percentage of homeowners is going …