Detroit battles tax penalties that create city of renters
“We haven't seen this many tax foreclosures in American history since the Great Depression,” says one scholar, regarding Detroit. Yet some signs of hope are emerging.
Similar Posts
Action 9 investigates mortgage relief program Source: WFTV
ByadminLocal homeowners were promised hurricane relief by Wells Fargo, which would allow them to postpone three months of mortgage payments. But they're finding out the offer had fine print, and one local woman claims it will cost her a fortune. Foreclosure News
Modifications to the California Homeowner Bill of Rights
ByadminOn January 1, 2018, certain provisions of the California Homeowner Bill of Rights expired. But contrary to what many assumed, the January 1, 2018 expiration date did not apply to all of the HBOR's provisions, and many provisions have been replaced by new regulations. Foreclosure News
New index finds the hottest home markets in the Twin Cities
ByadminAndy Gibbs works on finishing his basement. Stacey and Ardy Gibbs just bought their second house in Richfield. Foreclosure News
North Texas Child Porn Inmate Gets More Time for Preying on Distressed Homeowners
ByadminFor North Texans struggling to keep current on their mortgages, the offer must've sounded too good to be true. Rather than continue paying their current mortgages, homeowners could get new loans with better terms and stay in their houses. Foreclosure News
Key housing bills
ByadminSB 2: Would impose a $ 75 fee for recording up to three real estate documents related to foreclosures, refinancings and business and property development filings. It would not apply to recording deeds from property purchases or the transfer of deeds for owner-occupied homes. Foreclosure News
NYC foreclosures continue to climb to near-recession highs
ByadminThe number of foreclosures in the city continued to climb this year, with Staten Island and Brooklyn seeing the largest upticks in scheduled auctions. In the first quarter of 2018, 920 homes were slated for foreclosure for the first time – a 31 percent year-over-year increase, according to a new report by PropertyShark. Foreclosure News