Sometimes foreclosures happen and Fannie Mae needs to take possession of a home from a distressed borrower. When that happens, they try to sell the home as quickly as possible to limit the damage it causes to the surrounding homes due to the falling value a foreclosure can cause.
The city acquired three homes last week through the annual automatic foreclosure process when the owners failed to pay property taxes that were nearly three years overdue. The city will first try to arrange for a way for the former owners to recover the properties. Foreclosure News
Big Banker reported March 5, 2018: “Sonora Shores luxury housing project on Fassler and Roberts Road has a 04-03-2018 foreclosure date. A Notice Of Sale has been recorded on the property.” Foreclosure News
Lafayette, Louisiana, nonprofit organization Step Up Acadiana received a $ 12,000 Partnership Grant Program award from Home Bank and FHLB Dallas to expand its staff. )–Approximately 300 low- to moderate-income individuals – many of them single mothers – have been helped by the nonprofit Step Up Acadiana, which provides homeowner pre-purchase counseling and education, and…
Fannie Mae and Freddie Mac will suspend the evictions of foreclosed single-family properties during the holiday season, according to the government-sponsored enterprises. The suspension of evictions will apply to single-family and two-to-four unit properties between Dec. 18 and Jan. 2 for both GSEs. Foreclosure News
A Dallas company that invests in distressed properties has purchased a $ 20 million office tower near the Medical Center that went through foreclosure a few years ago. A Dallas company that invests in distressed properties has purchased a $ 20 million office tower near the Medical Center that went through foreclosure a few years…
Thomas was sworn in last week as the president of the 4,000-member Coastal Carolinas Association of Realtors. Foreclosure News
