Posts with tag Foreclosures

9 Things That Will Trash Your Home's Value

By Mamta Badkar With the real estate market as shaky as it is, homeowners can't afford to deal with more problems. And yet there's always something that pops up –– whether its noisy neighbors or an unfortunately placed sinkhole. We've rounded up some of the biggest threats to the value of a... Continue Reading »

Here's What You Can Buy With Your Foreclosure Settlement

Despite a $3.6 billion foreclosure settlement that had banks sending checks (some of which bounced) to wronged homeowners, many saw the payouts as a Band-Aid on a bullet wound. According to Salon, 679 homeowners who faced foreclosure -- even though they were never once in default -- got checks for just $5,000, while... Continue Reading »

Why Buyers Should Consider Foreclosures or Short Sales

By Brendon DeSimone For years, many buyers routinely steered clear of foreclosures and short sales. In their minds, such properties were "damaged goods" -- real estate remainders that were likely to be dumps and money pits. Why risk such a big investment on a property sold in distress? We're now in a housing market... 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

By Mamta Badkar One in every 859 U.S. homes is receiving a foreclosure filing, according to RealtyTrac's latest foreclosure report. Foreclosure filings were reported on 152,500 U.S. properties. This was down 1 percent month-over-month. Certain housing markets have recovered well and economists are getting increasingly... Continue Reading »

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