Charlotte pre foreclosure homes have contributed to the rise in apartment vacancy rate in the area. Foreclosure activity in Charlotte and other areas of Mecklenburg County surged by 82 percent in February.
The number of foreclosures in Charlotte, NC and other parts of the nation are on the rise. Make sure to do your homework and make your investment work for you.
A home developer in Charlotte agreed to pay a settlement fee following charges that its tactics led to high rates of foreclosures and distressed homes for sale among its development sites.
Foreclosures in Charlotte are still surging as unemployment continue to batter homeowners. In Mecklenburg, where Charlotte is the county seat, 940 households received foreclosure notices in February this year, an 82-percent increase from notices filed in February 2009.
The county of Charlotte, Florida has been fixing vacant homes for sale foreclosures using federal funding. Almost 500 foreclosures were posted in the area in the first two months this year. County seat Punta Gorda has the highest FHA default rate among all cities in the nation.
Home foreclosures in Charlotte have been among the priorities of certain government officials in North Carolina. Among these officials are U.S. Senator Hagan and the North Carolina banking commissioner and attorney general.
Listing of foreclosure in Charlotte would be a great help to any homebuyers and investors. Learn why it is a tool no real estate investor should live without.