‘Buy and Bail’ or Buying One Home Before Foreclosure on Another
This has been a noticeable phenomenon for quite a while in San Diego. I've been loath to talk about it because I didn't want to be giving fraudsters ideas.
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Another consequence of high college costs: Foreclosure
ByadminThat's according to a study published earlier this week in the journal Demography. The study from researchers at New York University and Cornell University found that between 2005 and 2011 a 1% increase in college attendance among 19-year-olds from median-income households correlated with 19,000 additional foreclosures the following year. Foreclosure News
11th Circuit upholds cash bail system in Georgia town
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Bomb explodes outside Greek court, no casualties
ByadminA bomb exploded early Friday outside one of Greece's main courthouses, officials said, but police had cleared the area and nobody was hurt. The explosion occurred at 0125 GMT outside the Athens appeals court after calls warning of a bomb had been made to the media, police said. Foreclosure News
One legacy of the housing crisis: risky rent-to-own deals
ByadminMaria Torres needed a place to live – fast. She had been renting a house in South Euclid, Ohio, with her husband and three kids, when she was told the house was in foreclosure. Foreclosure News
Watch this Florida judge berate a woman in a wheelchair in court before she died days later
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Officials warn foreclosure scams still rampant
ByadminA pair of elected officials said the foreclosure crisis is still alive and well in areas such as Bedford Stuyvesant and Crown Heights, where scammers, banks and even city programs are unfairly seizing property from longtime residents. Brooklyn Borough President Eric Adams and City Councilman Robert Cornegy Jr. said Monday that many owners have had…