‘A seller’s market’
And while the real estate agent and Onslow County Commissioner refers to foreclosures as a fact of life in Jacksonville, the rate has still improved significantly.
And while the real estate agent and Onslow County Commissioner refers to foreclosures as a fact of life in Jacksonville, the rate has still improved significantly.
Existing home sales broke their extended losing streak in October, increasing 1.4 percent from September to a seasonally adjusted annual rate of 5.22 million completed sales. It was the first positive report on sales of existing single-family homes, condos, townhouses, and co-op apartments since last March. Foreclosure News
Big investors are valuing homes with a method outlawed for everyone else after the housing crash – and the SEC is asking questions Large investors are increasingly using so-called broker price opinions to value and purchase thousands of homes on the brink of foreclosure. A method of valuing homes that was outlawed for most people…
The Polk County Commission is seeking a “resolution” to the recent closure of the Copper Basin Medical Center, and indebtedness incurred by the county and city of Ducktown.Commissioners a COPPER BASIN Medical Center CFO Tim Henry told the Polk County Commission Thursday night that the health care facility has been bankrupt for 10 years. DUCKTOWN…
The performance of loans included in commercial mortgage-backed securities improved for the fifth consecutive quarter, with delinquencies down 179 basis points over the time frame, according to the Mortgage Bankers Association. CMBS loans that are at least 30 days late or real estate owned fell 47 basis points to 3.05% in the third quarter. Foreclosure…
Lenders who foreclose and take ownership of security property via credit bid at the foreclosure sale often confront a tenant whose lease has been extinguished, but who would rather not vacate the property. A recent decision from California's Second Appellate District – Dr. Leevil, LLC v. Foreclosure News
A Vancouver Marine who lost his home to foreclosure while on active duty waited too long to sue his mortgage and trustee companies, a federal appeals court has ruled. It's another setback for veteran Jacob McGreevey. Foreclosure News