Discover information about America’s leading builders of new homes, including Shea Homes, KB Home, D.R. Horton, Toll Brothers, Taylor Morrison, Centex, Pulte Homes, Lennar, and Beazer Homes.
Rather than using their home equity to maintain their lifestyle during their retirement, an increasing number of older people are tapping into reverse mortgages to protect them from losing their homes.
Record numbers of houses bank foreclosures have largely caused the collapse of banks in the U.S. this year. Four more banks failed in Florida and California this month, putting the total of failed banks to 124 so far this year.
The 25-story First National Building is under threat of Detroit bank foreclosures. The building’s owner defaulted on its bank loan amounting to $22 million.
An estimated 1,000 families in Orange County, California have been living in cramped motel rooms, according to local officials. Many of these are formerly middle-class families evicted from properties hit by foreclosures.
Bank of America has filed a $20 million condo foreclosures case on developers of a condominium complex in Florida. The case was a result of nonpayment of last year’s property taxes and $22.4 million loan principal, plus interest and late fees.
Mortgage servicers will be directed to handle negotiations between lenders and troubled borrowers involving mortgages that are set to be bought by the government.
If you are making a short list of national moving companies from which you will select your final mover, consider only moving firms licensed by the FMCSA to operate across state lines.
In an effort to address the increasing number of foreclosure-related scams in the state, the Attorney General of Indiana investigates the deceptive activities of a company engaged in foreclosure consultancy.
Where are the former occupants of foreclosed homes now? According to Douglas Robinson of nonprofit Neighborworks America, many of them have been going to various homeless shelters or living in cars, parks, tents in out-of-the-way areas or on the streets.
Fannie Mae is tasked to take over, rehabilitate and put on foreclosure listings for sale about 65,000 repo homes in the quickest way possible to reduce its housing market exposure.
President-elect Barack Obama promised a more transparent and effective foreclosure prevention program under his administration. To start off, he requested the second half of the bailout fund.
RE/MAX Investment Properties, experts in Mexico real estate investment, review the details for the new Riviera Maya airport at Tulum recently revealed in the Mexican press. The Tulum airport project is expected to be put out to tender by November 9, 2009.
U.S. Treasury Secretary Timothy F. Geithner has disclosed his credit relief plan to stabilize the financial industry which is expected to lead to reduction in the number of repo homes in the country.
Old laws unfairly leaning towards mortgage lenders have been worsening the situations of Americans distressed by the possible inclusion of their dwelling in listings of foreclosed homes. Information on tax credits and Freddie Mac's renter initiative is also provided.
Loan modification initiatives aimed at averting foreclosures have been failing, according to the National Association of Consumer Bankruptcy Attorneys.
Last month, the housing market pace slowed down in Las Vegas, Nevada. However, industry experts said that demand for Las Vegas foreclosure homes remains strong with sales 27 percent higher compared with August the previous year.
The Bail Out the People Movement staged a rally against an auction by Real Estate Disposition Corp. of foreclosed homes and possibly tax foreclosure properties in Manhattan.
Phoenix foreclosures for sale have been growing in the commercial and industrial sectors. High unemployment rates, lack of credit and lack of business tenants are among the factors for commercial and industrial foreclosures.
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