Slow spiral into the debt trap
Janis L. Anderson at her home last February on Westview Road in Lanesborough. After years of struggling to avert foreclosure, Anderson lost the house in an auction Sept.
Janis L. Anderson at her home last February on Westview Road in Lanesborough. After years of struggling to avert foreclosure, Anderson lost the house in an auction Sept.
There is no equity in the property. Do I need to do anything about it? -Linda The ownership of the condo passed to your mother's heirs at the instant of her death, even though no one has gone through the probate process with the court. Foreclosure News
DATE AND PLACE OF FILING: Recorded on April 12, 2013 as Document Number 2013R-416903 in the Office of the County Recorder of Martin County, Minnesota. Foreclosure News
One common concern amidst Detroit's economic resurgence is the way speculators, many from outside the city, have acquired swaths of land only to sit on it. One WDET segment on Detroit Today estimated that speculators own 20 percent of all parcels in Detroit, but “have no real obligation to insure that land is well kept…
Can the government take your home and all your equity in it if you fall behind on your property taxes or – like many people in Flint, Mich. – refuse to pay your water bill? The state of Michigan and a handful of other states think so. Foreclosure News
Despite fewer homes on the market, home sales increased 16.7 percent in Newport News in June compared with the same month last year, according to the latest report. The median sales price for existing resale homes also increased by 18 percent in Hampton, by 21 percent in Poquoson and by 23 percent in York County…
Mark Whitehouse writes editorials on global economics and finance for Bloomberg View. He covered economics for the Wall Street Journal and served as deputy bureau chief in London. Foreclosure News