Igor Mosyak asked: There are more reasons to understand the foreclosure process in the US than ever before. In September, 2008 alone there were 81,312 homes that were lost to foreclosure. The 3rd quarter of 2008 showed a 71% spike in foreclosure rates as compared to last year at this time. These are record-high numbers [...]
Fancy That asked: (there are 4,500 homes for sale in one county, about 25% of which are foreclosures). I mean, with a backlog of repossessed and abondanded homes, it should take over a year to sell ours.
Any info on this process will be appreciatedCaffeinated Content
thavgross asked:
Mortgage foreclosures are sweeping across the country at a record rate. If you are facing a foreclosure, you’re not alone; South-Eastern Michigan is leading the nation in active foreclosures. Adjustable rate mortgages, poor lending practices, and a weak economy have added up to a perfect storm for mortgage defaults.
Foreclosure is the legal [...]
Foreclosure Help
