2 Articles match "California","Foreclose","Los Angeles"
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As Home Prices Plummet, When Will You Buy?
percent decline and Los Angeles with a 26.2 And you see states passing laws, like Californias SB 1137, aimed at giving homeowners a better chance of getting a loan workout rather than a foreclosure. Depending on how far the lenders and government are willing to bend backwards for bad loans and irresponsible homebuyers, we could see a mitigating effect from all these efforts. Home prices in 20 of the nation's major metro areas in July were collectively down 16.3
www.foreclosurepulse.com
- Tuesday, December 16, 2008
Separating the wheat from the chaff: legitimate foreclosure investors vs. scammers
An article in the Los Angeles Times onTuesday documented the sad story of a defaulted homeowner who was thevictim of alleged foreclosure fraud. It is a crime thatconsumer advocates fear could become increasingly common — especiallyin Southern California, where many homeowners have stretched themselvesto their financial limits to afford the regions record high housingprices. "The Overall,the foreclosure rate in the The homeowner said he was trickedinto signing over the title of his home by a scam artist who didnothing to stop the foreclosure and then took out another loan againstthe property with no intention of paying it off.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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The Best from RealtyTrac
|
MORE
|
-
Separating the wheat from the chaff: legitimate foreclosure investors vs. scammers
An article in the Los Angeles Times onTuesday documented the sad story of a defaulted homeowner who was thevictim of alleged foreclosure fraud. It is a crime thatconsumer advocates fear could become increasingly common — especiallyin Southern California, where many homeowners have stretched themselvesto their financial limits to afford the regions record high housingprices. "The Overall,the foreclosure rate in the The homeowner said he was trickedinto signing over the title of his home by a scam artist who didnothing to stop the foreclosure and then took out another loan againstthe property with no intention of paying it off.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
-
As Home Prices Plummet, When Will You Buy?
percent decline and Los Angeles with a 26.2 And you see states passing laws, like Californias SB 1137, aimed at giving homeowners a better chance of getting a loan workout rather than a foreclosure. Depending on how far the lenders and government are willing to bend backwards for bad loans and irresponsible homebuyers, we could see a mitigating effect from all these efforts. Home prices in 20 of the nation's major metro areas in July were collectively down 16.3
www.foreclosurepulse.com
- Tuesday, December 16, 2008