One legacy of the housing crisis: risky rent-to-own deals
Maria 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.
Maria 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.
While foreclosures decreased nationally at the end of last year to a 12-year pre-recession low , there are areas of the country which are showing sustaining, repeating, or increasing foreclosure activity. This may be due to differences in the way specific regions are recovering from the Great Recession, or because of more recent impacts to…
It's quite the opposite, as foreclosure auctions are at an 11-year high, according to a new report by ATTOM Data Solutions, curator of the nation's largest multi-sourced property database. ATTOM Data Solutions released its Year-End 2017 U.S. Foreclosure Market Report, which shows foreclosure filings – default notices, scheduled auctions and bank repossessions – were reported…
The Mai-Kai restaurant in Fort Lauderdale, which is popular for its Polynesian music and dance shows, has been targeted for foreclosure. Foreclosure News
Funds for low-income people seeking legal help in civil cases – such as those involving domestic violence protection from abuse orders, child custody issues, evictions, mortgage foreclosures, utility shut-offs, and access to public benefits – could potentially become scarcer. According to several reports, President Donald Trump's budget proposal could eliminate the Legal Services Corporation, the…
There has been opposition to some of the proposals. Many town supervisors in Erie County are asking county lawmakers to wait to make any changes until they can get their questions answered. Foreclosure News
It is going to be rough and bumpy, but exciting for whoever is coming into the real estate tech space The 2008 U.S. housing market crash was a powerful and pervasive force that reshaped many parts of our economy. Foreclosure News