This is very troubling. Every foreclosure attorney that is on the other side from us, including GMAC / Ally & Bank of America is reporting to us that they are being directed by their clients – READ: Banks – that the November 2, 2010, foreclosure sales are still on. YES, THEY PLAN TO FORECLOSE PROPERTIES [...]
August sets record for foreclosures
September 16, 2010 By 2 Comments
This is bad news for REALTORS & homeowners trying to sell retail and short sales. Mortgage companies are moving more quickly to foreclose. But as the article below points out, “fewer than one-third of homes repossessed by lenders are on the market.” At least they are holding on to their inventory and not dumping it [...]
Pace of foreclosure growth eases
March 12, 2010 By Leave a Comment
According to some in Washington every little dip in ANY category related to foreclosures equals a victory over the foreclosure crisis. While we all can agree that a reduction in the number of foreclosures is a good thing the reporting of these stats can be interpreted many different ways. Bottom line: Nationwide the number of folks [...]
Texas foreclosures down 10% but up in Fort Bend County
November 12, 2009 By Leave a Comment
While RealtyTrac is reporting overall foreclosure filings in Texas are down 10.7% from last month they are still up 19.2% compared to October 2008. 1 in every 800 homes in Texas received a foreclosure notice which is far better than other parts of the country. But some Texas counties are fairing worse than others. Fort [...]
