Ricardo Cerezo, Facing Eviction, Finds $4.85 Million Lottery Ticket

Ricardo Cerezo of Geneva, Ill. was facing foreclosure from his home -- and then found a $4.85 million lottery ticket in a cookie jar Continue Reading »

Here's What You Can Buy With Your Foreclosure Settlement

Alexis Goldstein of Occupy Wall Street was so appalled with the low settlement checks received by wrongly foreclosed upon homeowners that she listed the meagre items they could buy on Tumblr page: "What You Can Buy for Having Your House Stolen" Continue Reading »

Why Buyers Should Consider Foreclosures or Short Sales

Many homebuyers have thought of foreclosures and short sales as damaged goods. But these properties can offer real value and more bang for your buck. Continue Reading »

Behind the Foreclosure Surge in New York, New Jersey

By Nin-Hai Tseng Just as many of us believe we've seen the worst of the housing market's collapse, two unlikely states are only now getting hit with a wave of foreclosures: New York and New Jersey. The region was largely spared when home prices disastrously tumbled in 2007. New York and New Jersey, with some of the ... Continue Reading »

14 Cities With the Most Foreclosures Right Now

One in every 859 U.S. homes is receiving a foreclosure filing, according to RealtyTrac. These are the cities that are bearing the brunt of it. Continue Reading »

What to Do If Foreclosure Is Killing Your Credit

Foreclosures can do a number on your credit report, and here's what you can expect when that happens. Continue Reading »

1 in 3 Foreclosures Have Bank Errors to Blame

try{document.getElementById("fivemin-widget-blogsmith-image-10587").style.display="none";}catch(e){} A shocking number of U.S. homeowners who had foreclosure proceedings brought against them by the biggest mortgage companies during the housing bust nearly lost their homes because of a potential banking error, The ... Continue Reading »

Foreclosures Returning to Pre-Housing Bust Levels

The number of homes lost to foreclosure is closing in on levels not seen since before the housing meltdown. Continue Reading »

Ex-NFL Star Warren Sapp's Florida Mansion Finally Sells

Warren Sapps' 10,000-square-foot Mediterranean home in Windermere, Fla., reportedly got an offer at less than half of it's former worth. Continue Reading »

Mabel Bobo, 88, Loses Home When Investor Buys It for $5,000

An 88-year-old nursing home patient has lost her home in Charlotte N.C., reportedly for a fraction of what it was valued at in an auction last June, and her family says that she was cheated. Continue Reading »

Multimillion-Dollar Short Sales

Short sales are popular among homebuyers because they're cheap, but most house hunters won't find the bargain in these multimillion-dollar short sales. Continue Reading »

What Is an Underwater Mortgage?

We hear about underwater mortgages all the time -- and, no, it has nothing to do with a beachfront property gone bad. Continue Reading »

10 Banks Foreclosing on the Most Homes

While the number of foreclosures nationwide is edging down, there are still plenty out there -- and these are the banks handling the majority of them. Continue Reading »

Boomerang Buyers Return to Market After Foreclosure

Homeowners who lost their homes to foreclosure are back in the market to buy. Continue Reading »

'100 Abandoned Houses': Sad Signs of Detroit's Growing Financial Emergency

Photographer Kevin Bauman's "100 Adandoned Houses" project highlights blight in Detroit. Continue Reading »

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