15 Articles match "Colorado","Foreclosures","Homes"

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• FHA Program Linked to High Colorado Foreclosure Rate
  
  An illuminating article in the Denver Post connects the dots between Colorado’s high foreclosure rate and an FHA program gone awry: “Created to extend the dream of homeownership to first-time buyers, the so-called FHA gift program instead has led to rampant foreclosures. Nearly 6,000 FHA loans have wound up in foreclosure in Colorado in the past two years, and during that time the program allowed more than 25 percent of FHA buyers to use gifts as down payments.” The article recounts several stories of homeowners who paid just a few hundred dollars to buy their home, using
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• U.S. Foreclosure Laws
  
  Foreclosure State Laws By RealtyTrac Foreclosure laws and timelines vary from state to state. Knowing the process in your state will help you adopt a more effective investing strategy and avoid procedural pitfalls. State Foreclosure Laws Quickly locate and review the foreclosure law specific to your state � or any state you�re considering investing in. Select A State Alabama
  www.realtytrac.com - Tuesday, February 3, 2009
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• Avoid and Stop Foreclosure - Help at RealtyTrac
  
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  www.realtytrac.com - Tuesday, February 3, 2009
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• Foreclosures Thrive in Third Quarter
  
  With home price appreciation slowing and the inventory of unsold homes expanding, the third quarter proved to be fertile ground for sprouting foreclosures, according to RealtyTrac’s quarterly foreclosure market report . More than 300,000 new foreclosure filings were reported nationwide during the quarter, up 17 percent from the previous quarter and up 43 percent from the third quarter of 2005. That brings the year-to-date foreclosure total to more than 900,000, more than in all of 2005 and on pace to hit 1.2 million by year’s end.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Appreciation Rates Foreshadow Foreclosures
  
  Third-quarter house price appreciation figures released last week by the Office of Federal Housing Enterprise Oversight provide more evidence of a cooling real estate market and further foreshadowing of a continued rise in foreclosures — all pointing to more opportunities for real estate investors to buy low. Home prices rose just 1.3 The OFHEO report shows national house prices rose 7.73 percent from the third quarter of 2005, down from a 10.06
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• CO Gives Owners More Time to Fix Foreclosure
  
  gives Colorado homeowners who enter foreclosure more time to “cure” the loan in foreclosure before the public foreclosure sale. In the past, Colorado homeowners had 45 to 60 days from the commencement of foreclosure proceedings — initiated by what is called a notice of election and demand — to cure the loan by making all past-due payments along with late charges and other costs. This redemption period A state law that took effect Jan. 1
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Foreclosure Crisis Sparks Surge in Arson
  
  Facing foreclosure, some homeowners are setting fire to their homes for the insurance money. Consider the following: In South Carolina , a homeowner was charged with burning her home on the eve of foreclosure. In Massachusetts , there’s a growing concern that foreclosure arson is becoming a problem around the state as more and more properties are abandoned. In desperate times people resort to desperate measures. But they usually end up with a criminal conviction instead of cash.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• US Foreclosures a Mixed Blessing in Q2
  
  Foreclosure Market Report suggests, there is both an upside and a downside to the latest numbers. On the positive side, foreclosure activity nationwide during Q2 2006 rose 25 percent over the same quarter last year to 272,109 properties . This is good news for real estate investors, agents and home buyers looking for a piece of the American Dream at a potentially more affordable price. As the most recently collected data reported today in RealtyTracs Q2 2006 U.S. On the flip side, however, foreclosure activity nationwide decreased 16 percent between the first and second
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Foreclosures in Money's 'Best Places to Live'
  
  Fort Collins, Colorado. Money’s writers and editors selected from an initial pool of 745 “livable” cities with populations of more than 50,000 with good jobs, low crime, quality schools, plenty of open space, lots to do, AND rational home prices. They could have added a healthy foreclosure market as well. Money magazine came out last week with another of its Top 10 lists; this one called "America’s Best Places to Live 2006 ." And the winner is . . .
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• FBI: Mortgage Fraud Begets Foreclosure
  
  The FBI recently came out with its 2006 Mortgage Fraud Report , which somewhat anticlimactically concludes that there is “a strong correlation between mortgage fraud and loans which result in default or foreclosure.” Six of those states also appeared in RealtyTrac’s list of states with the highest foreclosure rates in 2006. The FBI also lists Arizona, Colorado, The correlation is apparent in the report’s list of the top states for mortgage fraud: California, Florida, Georgia, Illinois, Indiana, Michigan, New York, Ohio, Texas, and Utah. This is not what many legitimate investors
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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