2 Articles match "Coverage","Properties","San Diego"

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Coastal Disasters = More Foreclosures?
It doesn’t matter if you’re living in Florida or California — coastal property is expensive and so are the insurance premiums that go with them. Then a few years ago the wildfires in San Diego had the same effect — skittish insurance companies turning and running after paying off on what were expensive policy claims. In 2002 the Florida Legislature created Citizens Property Insurance Corp. For anyone who has lived through a natural disaster, the recent tornadoes in Central Florida and the horrific aftermath left behind — approximately 1,500 structures destroyed and 20 people killed — brings back memories of more than just the great need for disaster relief from the federal government (FEMA).
www.foreclosurepulse.com - Tuesday, December 16, 2008
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Buyers Come Out in Droves For LA Auction
Thanks to aggressive advertising all over the region and ample coverage on local news programs, the Real Estate Disposition Corp. (REDC) In all, 92 properties were auctioned off in around five hours. The source of those properties — various lenders who just wanted to get those foreclosures off of their books. “Some of these are new REOs. Some were dressed for business. Others were dressed like they were out for a weekend at the mall.
www.foreclosurepulse.com - Tuesday, December 16, 2008
READ MORE
  • The Best from RealtyTrac MORE
  • Buyers Come Out in Droves For LA Auction
    Thanks to aggressive advertising all over the region and ample coverage on local news programs, the Real Estate Disposition Corp. (REDC) In all, 92 properties were auctioned off in around five hours. The source of those properties — various lenders who just wanted to get those foreclosures off of their books. “Some of these are new REOs. Some were dressed for business. Others were dressed like they were out for a weekend at the mall.
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
  • Coastal Disasters = More Foreclosures?
    It doesn’t matter if you’re living in Florida or California — coastal property is expensive and so are the insurance premiums that go with them. Then a few years ago the wildfires in San Diego had the same effect — skittish insurance companies turning and running after paying off on what were expensive policy claims. In 2002 the Florida Legislature created Citizens Property Insurance Corp. For anyone who has lived through a natural disaster, the recent tornadoes in Central Florida and the horrific aftermath left behind — approximately 1,500 structures destroyed and 20 people killed — brings back memories of more than just the great need for disaster relief from the federal government (FEMA).
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE