Google introduced a new feature in real estate search option in Google Maps. The feature can be found on the homepage of Google Maps, by clicking on the My Maps
Continue Reading: Google maps now offering real estate search
The Exchange Commission and Security filed fraud charges against the promoters of a real estate investment scheme that operated a fraudulent foreclosure reinstatement scheme. The scheme started in 2005 and got around $18 million in only two years. More than 600 people were caught by the scheme with the promise that they could get returns of 50% of their investment within 30
Continue Reading: Fraudulent “foreclosure reinstatement” scheme discovered
The Senator Barack Obama, Democratic presidential runner said on Tuesday that the real estate foreclosure crisis is similar to the Great Depression that occurred in the late 20's. He pointed that the housing crisis is far from going into the direction of the Depression, but the way it affected Wall Street and the financial market is very
Continue Reading: Barack Obama talks about the housing crisis
Despite the terrible recession that America is currently facing with the real estate crisis, Donald Trump, the CEO of the Trump Organization says that the housing market is going to get better fairly quickly and that now is the time to
Continue Reading: Donald Trump sees opportunities in the real estate crisis
Media has recently reported some multimillion dollar real estate deals made by stars in New York City. The celebs list is quite extensive and includes Madonna, Scarlett, Bono, Sting, Jennifer Connelly, Jon Bon Jovi and many others. Despite the real estate crisis and the high number of foreclosures in New York City, luxurious properties are still on high demand. The luxurious highly priced homes are being sold for as high as $5.6 million dollars, [...]
Continue Reading: Celebrities making multi million dollar deals on real estate despite crisis
On Wednesday President George Bush declared that he would veto the foreclosure bill, but despite the threat of presidential veto, the house approved the legislation
Continue Reading: Now is up to President Bush
On Tuesday last week President George Bush blamed the Democratic-led Congress for not passing the foreclosure bills. He was complaining that he was not getting bills to sign and he urged the Congress to work on bills that he could sign, but despite his complaint to many Congress members, he declared yesterday that he will veto the house foreclosure relief legislation under consideration in the Congress. Bush declared that the new legislation [...]
Continue Reading: Mr President, here is a bill for you to sign!
The current foreclosure crisis is now affecting thousands of students that are seeking loans to complete their education. Students and parents are complaining that the student loans are almost impossible to get. The lack of these loans is forcing many students to drop out of
Continue Reading: Students affected by foreclosure crisis
After Ben Bernanke (Federal Reserve Chairman) said home prices may continue to fall, the national currency falls even more against the Euro. In New York, Bernanke pointed that the foreclosure crisis, the most severe real estate recession in decades, may hurt more than just lenders and homeowners and he urged the government and lenders to try harder to reduce the number of
Continue Reading: Home Prices And Dollar Hits The Ground
Filing foreclosures in cities that are swamped by ever increasing foreclosure lists means plenty of lawsuits and legal work. Law firms such as Florida Default Law Group in Tampa may have set a record of sorts when it filed over 400 foreclosure lawsuits for Hillsborough County in February
Continue Reading: Increasing Tampa Foreclosures Spell Booming Business For Tampa Law Firms!
A multi billion-dollar foreclosure assistance bill is being worked since yesterday by members of the House Financial Services Committee that is intended to help the foreclosure
Continue Reading: Foreclosure Housing aid bill to be voted today, will it get to the President?
On Tuesday the President Bush blamed the Democratic-led Congress for not passing the foreclosure bills. According to the President, the Democratic-let Congress is blocking proposals that could help the sagging economy and the real estate crisis. The President said he is opened to help on the crisis but he is not getting Bills that he can
Continue Reading: Bush Blaming Congress On The Foreclosure Crisis? What About the War?
The pop star Michael Jackson has managed to avoid losing his home in La, after paying $414,806. The three bedroom house in Encino had been scheduled for a public foreclosure auction on May 5, according to A Notice of Trustee's Sale filed on April this
Continue Reading: Again Michael?
With recent reports showing that many service members and veterans are facing difficulties on mortgage payments, Hillary Clinton announced new proposals to protect these veterans and service members. The new proposals intend to propose new affordable and stable fixed mortgage rates, and she will build an agenda to address the
Continue Reading: The Hillary Clinton’s Foreclosure Proposal To Help Veterans
Barney Frank said to reporters this morning that the House Financial Services Committee is expecting a veto threat from the Bush administration on the $15 billion dollars loan and grant assistance bill. This bill has been approved by the committee
Continue Reading: Expected veto from the White House on foreclosure bills
While there has been a considerable increase in mortgage delinquencies and foreclosure rates among major states of the country including Phoenix metro during 2007, Arizona foreclosure still maintains a low rank when compared to other states of the country. And even with many people losing their residential homes in the Valley increased by tenfold in 2007, Arizona's foreclosure rate still maintained a low rank and stayed at the bottom
Continue Reading: Arizona on a low foreclosure rate
Lawmakers at North Carolina are working on measures that set standards to lending business and help arrest foreclosure homes. Around four bills have been passed in order to arrest North Carolina foreclosure that awaits action from the state Senate. The bills have cleared the North Carolina House. It would significantly increase the state oversight with regard to the mortgage industry and set its foot firm in for the first time in over five
Continue Reading: North Carolina foreclosure streamlined!
Wisconsin foreclosure homes increase in state and leave many homeowners in panic. The cumulative foreclosure listing till the month of April summed up to six thousand plus, which is nothing less than around twenty five percent over last year. According to a non profit agency working with home owners and helping them with Wisconsin foreclosures, people buy homes which are just beyond their capacity with literally no savings and very little to
Continue Reading: Wisconsin foreclosures soars up in the state, housing industry stands to gain
According to The daily progress, the number of foreclosures in the Charlottesville region has skyrocketed drastically maintaining the same trend as Virginia and nation. It has become an increasingly common scenario in Central Virginia to auction foreclosed property. And on Tuesday, a couple lost their 1200 sq. ft home in a foreclosure property auction which was worth around $135,000 for having missed their mortgage
Continue Reading: Virginia Foreclosure springs up!
Most of the Michigan foreclosure homes have been recorded from the Detroit metropolitan area. Detroit, a growing economy has almost come to a standstill because of the high rate of foreclosures. The trouble is that the metro area is also suffering from a slump in the housing market and increasing unemployment. On top of that there is the reset in housing interest rates, which has made it almost next to impossible for homeowners to pay their [...]
Continue Reading: Michigan on the receiving side of foreclosure
