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Latest Foreclosure Articles

Obama Administration and the Score Card on the Foreclosures Crisis

The efforts of the Obama administration to prop up the housing market resulted in making homes increasingly affordable and consolidated the stabilization of home prices, according to the department of Treasury. But it stressed that more efforts work needs to be taken to combat foreclosures for sale. Housing prices stayed stable in July completing 30 months [...]

Posted on 25 August 2010 | 11:17 am

Foreclosures in High Demand Amongst First Time Home Buyers

The large number of foreclosures that have hit the housing industry in the U.S has opened a golden opportunity for first time home buyers. For the first time ever a record number of mid income families are opting for real estate investment through foreclosed homes for sale and are purchasing their own property instead of [...]

Posted on 24 August 2010 | 8:35 am

Struggling Home Owners facing Foreclosures can Benefit from Loan Modification

If you are home owners struggling against foreclosures, you need to consider loan modification as one of your options without any delay. This is due to the fact that housing foreclosures are a tangled web to unravel. But sometimes loan modification procedure could falter because of the lack of trained staff on the part of lenders [...]

Posted on 20 August 2010 | 9:19 am

Foreclosure Assistance Programs to the Aid of Home Owners Combating Foreclosures

Struggling home owners across the country are being helped to fight foreclosures for sale by various programs – like Loan modification, Short Sales and deeds in lieu. Loan modification is led by the government’s HAMP (Home Affordable Modification Program) which has targeted home owners who were refused loan modification by their lenders. There are a [...]

Posted on 19 August 2010 | 12:49 pm

How Lenders Handle Foreclosure Prevention through Loan Modification

Many home owners struggling to handle foreclosures of their properties are not aware that lenders prefer loan modification over the process of foreclosures. Loan modification may be a complicated procedure for lenders but compared to foreclosures, it is much better. This is due to the fact that loan modification saves much time compared to foreclosures [...]

Posted on 18 August 2010 | 9:20 am