An effort established on GoFundMe helped save the home of a pilot, his wife Tabitha and eight children, including three adopted from foster care. Florida pilot Ron Calugar established the campaign on behalf of Josh Rosa, who was severely injured in an airplane accident over a year ago.
In the fourth quarter, there were about 3.17 million underwater homes in the U.S. – about 6.2% of all homes with a mortgage, according to CoreLogic. That was down 2% from the third quarter and a 25% drop from the fourth quarter of 2015. Foreclosure News
A new report is highlighting growing concerns that farm foreclosures will be the greatest challenge to rural banks in parts of 10 Plains and Midwestern states over the next five years. The Rural Mainstreet Index for the region rose slightly to 45.3 in October from 39.6 in September. Foreclosure News
Interpretation of the news based on evidence, including data, as well as anticipating how events might unfold based on past events For the past decade, since the Great Recession forced so many Americans to put their lives on hold, the world of real estate has been praying for the arrival of millennials on the home-buying…
A yet-to-be identified buyer has paid $ 36million for the luxury penthouse at the One57 tower in New York formerly owned by wanted Nigerian oilman Kola Aluko. The oil magnate wanted in Nigeria by the Economic and Financial Crimes Commission for fraudulent oil deals estimated at $ 1.5 billion, bought the apartment in 2014 for…
TRENTON — Victims of Hurricane Sandy who are still struggling to pay the mortgages on their damaged homes can now request delaying payments for up to three years. The state Department of Community Affairs is accepting applications for a mortgage forbearance program that would allow certain homeowners affected by Sandy to suspend mortgage payments and…
It is a strange current reality in which we all find ourselves existing. Every eleven, or so, years, the nauseating housing market bubble bursts, and we all, property owners or tenants, have no choice but to face life in a climate of austerity, high rents, low incomes, depressing governmental forecasts and bank foreclosures. Foreclosure News
