5 tips for buying a foreclosed home
Only one real estate agent is involved. The seller wants a preapproval letter from a lender before accepting an offer.
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Foreclosure Picture Improves, but Some States Drag Behind
ByadminThe number of foreclosure filings in February was the lowest since November 2005, according to a press release from Attom Data Solutions, a property data provider. Foreclosure activity dropped on a year-over-year basis for the 17th consecutive month. Foreclosure News
Chicago cabbies say industry is teetering toward collapse
ByadminChicago cabbies say industry is teetering toward collapse Foreclosures are skyrocketing as consumers turn to Uber, Lyft. Check out this story on USATODAY.com: https://usat.ly/2sKZb0C The value of Chicago's taxi medallions have plummeted dramatically over the last several years. Foreclosure News
Ten Years After the Crash
ByadminThe financial crisis that broke out a decade ago was a long time in the making, and a long time in the playing out. Over just a few days in September, 2008, Lehman Brothers essentially ceased to exist, the Federal Reserve took over American International Group to prevent a wider collapse, and commercial banks and…
Metro Square office park along Philips in foreclosure
ByadminMetro Square, the large office park along Philips Highway at Emerson Street in Jacksonville, is being foreclosed on and will be sold to the highest cash bidder Aug. 30. According to Duval County Circuit Court filings, co-defendants Metro Park Holdings LLC, Hart Advisors Group LLC, Michael Fischer and unknown tenants failed to make payments on…
Schrader proposes new financial protection for soldiers, dares banks to object
ByadminMotivated by the story of Jacob McGreevey, the longtime Marine who lost his Vancouver home to foreclosure, Rep. Kurt Schrader, D-Oregon, has introduced a bill strengthening active-duty soldiers' protections against banks and other creditors. A New Jersey lender repossessed McGreevey's house in 2010 between his third and fourth tours of duty in the Middle East…
Rauner yanked the plug on student loan bill of rights. Lawmakers need to bring it back.
ByadminGov. Bruce Rauner attends a bill signing at the Safer Foundation North Lawndale Adult Transition Center on Aug. 24, 2017. Gov. Bruce Rauner attends a bill signing at the Safer Foundation North Lawndale Adult Transition Center on Aug. 24, 2017. Foreclosure News