Dallas seems to be in trouble again in 2007 as it witnessed almost 43,000 homes going into foreclosure. Homeowners are feeling the heat more and more and they are not too sure if the rate of bank foreclosure homes in the Dallas Metro is going to rise again in 2008. The rate of Dallas bank [...]
Continue ReadingIt seems like Texas has been hit not by a tropical storm but by foreclosures and casualties are quite high. Last year started with a bang and ended with a bang too as 2007 saw the Texas homes in foreclosure reach 36,140 in the last quarter itself. Although experts say that this is 18% less [...]
Continue ReadingOrlando is one of the visibly popular cities in the state of Florida as far as tourism is concerned but now it is a new market for buying foreclosed homes. The rate of Orlando bank foreclosures are increasing at such a rapid rate that some people say that soon the Disney Kingdom will also feature [...]
Continue ReadingHome Owners facing foreclosure on their homes often forget why they are losing their homes in the first place. Usually these owners don’t even think about foreclosures when they miss the first 3 payments; they only actually realize that they are in debt when the letter from the financial companies arrives. The best way to [...]
Continue ReadingExisting homeowners in different parts of the Sunshine State including Jacksonville are facing a reversal of fortune with higher interest rates, more delinquencies and increase in the number of foreclosed homes. If this goes on for too long then there might not be any takers for some of the bank foreclosures in the state. The [...]
Continue ReadingA popular tourist destination and state that has some of the most modern infrastructures, Florida is reeling under the burden of foreclosed homes. After the increase of foreclosures in Florida in 2006, 2007 was no better for the state. For two straight years, homeowners in Florida have been under the knife and their homes are [...]
Continue ReadingThe State of Colorado has witnessed many moments in history when the state was ravaged and it seems that history is going to repeat itself especially with the increasing number of foreclosure homes in the state. The badly hit areas include Teller and El Paso County recording in excess of 1,500 bank foreclosures in 2007. [...]
Continue ReadingThere is no respite for homeowners in North Carolina as this beautiful state has been marred by a constant rise in bank foreclosures. In fact, the filings have increased by almost 66.7% in North Carolina in the year 2007. 2008 has started with an increase in the repository of North Carolina bank foreclosures and this [...]
Continue ReadingHomeowners in North Carolina have been struggling to keep their American Dream alive especially in the event of high rate of bank foreclosures. North Carolina boasts of tough mortgage laws, which was enforced almost a decade back and have been able to provide some protection against foreclosures although there is a long way to go. [...]
Continue ReadingA state that has so far been famous for its beaches and weather is now becoming infamous for its bank foreclosures. Yes! Florida seems to be in the doldrums with some of the highest foreclosure rates recorded in the country in 2007. According to a report, in August 2007, mortgage lenders in Tampa filed lawsuits [...]
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