2 Articles match "Foreclose","Notice","November"

The Latest from RealtyTrac MORE
CO Gives Owners More Time to Fix Foreclosure
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 allowed homeowners who had been foreclosed on to buy back their homes after the public foreclosure sale by paying the winning bidder the amount of the winning bid. “For A state law that took effect Jan. 1
www.foreclosurepulse.com - Tuesday, December 16, 2008
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Foreclosure Activity Deflating or Just Deferred?
In fact, the RealtyTrac report has shown month-to-month decreases in previous months, even during the dramatic run-up in foreclosure activity that has occurred over the past year and a half: in February 2008, November 2007, September 2007, June 2007, April 2007, and February 2007. Meanwhile, REO (bank repossession) activity actually decreased on a YOY basis in January and February of 2007 but gradually started to gain momentum in the second half of 2007, and increases in REOs have far outpaced the increases in defaults and auctions in all six months of 2008. One could argue that
www.foreclosurepulse.com - Tuesday, December 16, 2008
READ MORE
  • The Best from RealtyTrac MORE
  • CO Gives Owners More Time to Fix Foreclosure
    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 allowed homeowners who had been foreclosed on to buy back their homes after the public foreclosure sale by paying the winning bidder the amount of the winning bid. “For A state law that took effect Jan. 1
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
  • Foreclosure Activity Deflating or Just Deferred?
    In fact, the RealtyTrac report has shown month-to-month decreases in previous months, even during the dramatic run-up in foreclosure activity that has occurred over the past year and a half: in February 2008, November 2007, September 2007, June 2007, April 2007, and February 2007. Meanwhile, REO (bank repossession) activity actually decreased on a YOY basis in January and February of 2007 but gradually started to gain momentum in the second half of 2007, and increases in REOs have far outpaced the increases in defaults and auctions in all six months of 2008. One could argue that
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE