2 Articles match "Florida","Magazine","Properties"
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The Latest from RealtyTrac
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Now Homebuilders Face Foreclosure
This week, Florida-based homebuilder Tousa Inc. billion, Tousa is the largest publicly traded homebuilder to file bankruptcy and is one of 14 builders who have recently filed bankruptcy, according to Builder Magazine . Homebuilders, meanwhile, have been frantically selling off properties at huge discounts, laying off employees and selling undeveloped land to raise capital and remain liquid. For millions of Americans facing foreclosure, the Federal Reserve’s interest rate cut this week was welcome news that could possibly help save thousands of homeowners from default by giving them the opportunity to refinance their adjustable-rate loan into a fixed-rate mortgage with a lower interest rate.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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The Best from RealtyTrac
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MORE
|
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Now Homebuilders Face Foreclosure
This week, Florida-based homebuilder Tousa Inc. billion, Tousa is the largest publicly traded homebuilder to file bankruptcy and is one of 14 builders who have recently filed bankruptcy, according to Builder Magazine . Homebuilders, meanwhile, have been frantically selling off properties at huge discounts, laying off employees and selling undeveloped land to raise capital and remain liquid. For millions of Americans facing foreclosure, the Federal Reserve’s interest rate cut this week was welcome news that could possibly help save thousands of homeowners from default by giving them the opportunity to refinance their adjustable-rate loan into a fixed-rate mortgage with a lower interest rate.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Bush Foreclosure Solution Just Adds Water
Stay tuned to ForeclosurePulse and RealtyTrac as this story continues to develop. Posted 10-05-2007 9:00 AM by joelc Filed under: Foreclosure Trends , Real Estate Trends Comments
www.foreclosurepulse.com
- Tuesday, December 16, 2008
