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Be warned! The squatters are moving into the foreclosed house and camp in. Some of them even start scams to pretend to be tenants and demand cash from banks; or pretend to be the landlord and rent the property out.
Posted by fiddler | 14569 days ago Category: real estate news | Tags: foreclosure

With the economy soft and thousands of Philadelphians delinquent on their mortgages, Sheriff Green this spring refused to hold a court-ordered foreclosure auction.
The sheriff first made his mark in the foreclosure issue in 2004, when he noticed a spike in the number of delinquent properties the court was ordering sold. He postponed one month's auction and then went to Judge Annette Rizzo of the ...
Posted by fiddler | 14569 days ago Category: real estate news | Tags: foreclosure

So let me get this straight,
They started the mess;
They continue to make it worse;
And we rescue them?
Posted by fiddler | 14569 days ago Category: real estate news | Tags: bank problem

Housing counselors and lenders both say Obama program is comprehensive approach that attacks root of economic crisis. But it won't help everyone.
Posted by Imax | 14569 days ago Category: real estate news | Tags: foreclosure rescue plan

Renters get foreclosure relief – bankrate.com

It's every renter's worst nightmare: To move into a home or condominium with affordable rent only to find out that the owner has lost the property in foreclosure. The rent money and security deposit are gone, and chances are good that the bank that now owns the property will evict the tenant even if the rent has been paid.
Posted by Imax | 14569 days ago Category: what's new