People on the move 12/20
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3 California men convicted in scheme to buy foreclosed properties
ByadminThree Northern California men, including one of Oakland's largest landlords, were convicted Friday of creating a massive bid-rigging scheme to scoop up hundreds of foreclosed properties at suppressed prices, U.S. Department of Justice officials said. A federal jury convicted Michael Marr, Javier Sanchez and Gregory Casorso of conspiring to rig bids at public real estate…
Worcester County foreclosures on the rise
ByadminWORCESTER – Lenders started and completed more foreclosures in Worcester County during January than they did at the same time last year, new data show. Lenders launched 162 new foreclosures during the month, up about 5 percent over the same month a year ago, according to The Warren Group of Boston, publisher of the trade journal…
Real estate: Focus is on engagement as Pawleys broker leads Realtors group
ByadminThomas was sworn in last week as the president of the 4,000-member Coastal Carolinas Association of Realtors. Foreclosure News
Foreclosure rates remain at lowest levels in 11 years
ByadminIt's been 10 years since the housing bust put millions of homes into foreclosure, and after years of steadily declining foreclosure rates, the percentage of mortgages that are in the foreclosure process has fallen to levels not seen since before the crash. According to new data from CoreLogic, just 0.6 percent of mortgages were in…
Big Ticket: A $38 Million Penthouse in West Chelsea was November’s Top Sale
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Edge says county moves too slow on foreclosures – 8:19 am updated:
ByadminRobeson County is losing needed revenue by not taking foreclosure action sooner against property owners who have not paid taxes, according to Commissioner David Edge. During last week's annual retreat held in Raleigh, Edge told fellow commissioners and county administrators that by the time foreclosed property is put up for sale the land has no…