3 Articles match "2005","Foreclose","Maine"

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As Home Prices Plummet, When Will You Buy?
We live in north San Diego and we see a lot of “short sales” and foreclosed properties in some neighborhoods (e.g. We don’t have a problem getting a loan, but the main issue we are facing now as a buyer is that prices are still too high, despite the large drops from their peaks. We sold in 2005 when we realized we could not buy in our neighborhood nor could any of our neighbors. Home prices in 20 of the nation's major metro areas in July were collectively down 16.3 percent from a year ago, according to the S&P/Case-Shiller Home Price Index released today.
www.foreclosurepulse.com - Tuesday, December 16, 2008
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As Foreclosures Mount, Candidates React to the Credit Crisis
Here’s what the major presidential candidates have to say about the growing foreclosure epidemic: Democrats The three main Democratic presidential candidates — Clinton, Obama and Edwards —have made various proposals for modest reform, including setting up a federal fund to help homeowners fend off foreclosure and providing borrowers with counseling, along with laws to ban predatory lending policies. John Edwards — criticized for investing in a hedge fund linked to subprime lenders that have foreclosed on Hurricane Katrina victims — advocates a “Home Rescue Fund” (financed by taxpayers)
www.foreclosurepulse.com - Tuesday, December 16, 2008
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Foreclosures and Hurricanes: A Nasty Combo
The fallout that followed in the aftermath of Hurricane Katrina in 2005 left many Gulf Coast residents homeless or facing foreclosure — or both. residents from Texas to Maine. The Institute of Business and Housing Safety is reporting that the increasing number of abandoned or vacant foreclosed homes is so great as to generate real concern for the oncoming hurricane season this year. Temporary relief from the devastation was granted in the form of a foreclosure moratorium at the time. Given today’s economic climate, however, there exists a connection between
www.foreclosurepulse.com - Tuesday, December 16, 2008
READ MORE
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  • Foreclosures and Hurricanes: A Nasty Combo
    The fallout that followed in the aftermath of Hurricane Katrina in 2005 left many Gulf Coast residents homeless or facing foreclosure — or both. residents from Texas to Maine. The Institute of Business and Housing Safety is reporting that the increasing number of abandoned or vacant foreclosed homes is so great as to generate real concern for the oncoming hurricane season this year. Temporary relief from the devastation was granted in the form of a foreclosure moratorium at the time. Given today’s economic climate, however, there exists a connection between
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
  • As Foreclosures Mount, Candidates React to the Credit Crisis
    Here’s what the major presidential candidates have to say about the growing foreclosure epidemic: Democrats The three main Democratic presidential candidates — Clinton, Obama and Edwards —have made various proposals for modest reform, including setting up a federal fund to help homeowners fend off foreclosure and providing borrowers with counseling, along with laws to ban predatory lending policies. John Edwards — criticized for investing in a hedge fund linked to subprime lenders that have foreclosed on Hurricane Katrina victims — advocates a “Home Rescue Fund” (financed by taxpayers)
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
  • As Home Prices Plummet, When Will You Buy?
    We live in north San Diego and we see a lot of “short sales” and foreclosed properties in some neighborhoods (e.g. We don’t have a problem getting a loan, but the main issue we are facing now as a buyer is that prices are still too high, despite the large drops from their peaks. We sold in 2005 when we realized we could not buy in our neighborhood nor could any of our neighbors. Home prices in 20 of the nation's major metro areas in July were collectively down 16.3 percent from a year ago, according to the S&P/Case-Shiller Home Price Index released today.
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE