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- Home foreclosure filings rose 6% in February 2009Reuters: U.S. foreclosure filings rise in Feb... (March 12, 2009)
- Home foreclosure filings have risen 30% since 2008Reuters: U.S. foreclosure filings rise in Feb... (March 12, 2009)
- One household in every 440 with mortgages received a foreclosure filing in February 2009Reuters: U.S. foreclosure filings rise in Feb... (March 12, 2009)
- Florida has one of the highest foreclosure rates in the United StatesReuters: U.S. foreclosure filings rise in Feb... (March 12, 2009)
- Other states with high home foreclosure rates include Nevada, Arizona, California, Idaho, Illinois and OregonReuters: U.S. foreclosure filings rise in Feb... (March 12, 2009)
- In Nevada, one in every 70 houses with mortgages received a foreclosure notice in February 2009Reuters: U.S. foreclosure filings rise in Feb... (March 12, 2009)
- Nevada's foreclosure rate has risen 156 percent since a year agoReuters: U.S. foreclosure filings rise in Feb... (March 12, 2009)
- Las Vegas, Nevada had the highest metropolitan foreclosure rateReuters: U.S. foreclosure filings rise in Feb... (March 12, 2009)
- RealtyTrac began tracking foreclosure data in January 2005Reuters: U.S. foreclosure filings rise in Feb... (March 12, 2009)
- Some areas, such as the Salem, Oregon area actually experienced a drop in foreclosures in February 2009Statesman Journal: Area foreclosures drop... (March 13, 2009)
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Home foreclosure is a process that allows a lender to recover money owed on a defaulted loan by repossessing or selling the home in question. Home foreclosure rates in the United States have been steadily increasing since 2006 with over 291,000 homes foreclosed in February of 2009.Reuters: U.S. foreclosure filings rise in Feb... (March 12, 2009)
On February 18, 2009, President Barack Obama introduced a $275 billion housing stimulus plan that he hopes will slow the rate of foreclosures in the U.S.Reuters: U.S. foreclosure filings rise in Feb... (March 12, 2009)
Tips to Avoiding Home Foreclosure
- Don't ignore the problem.Chicago Tribune: Home foreclosure: How to avoid it (March 12, 2009)
- Get help by finding a counseling agency.Chicago Tribune: Home foreclosure: How to avoid it (March 12, 2009)
- Open and respond to mail and phone calls from your lender.Chicago Tribune: Home foreclosure: How to avoid it (March 12, 2009)
- Prioritize your spending to put all available money towards your mortgage.Chicago Tribune: Home foreclosure: How to avoid it (March 12, 2009)
- Avoid foreclosure prevention companies.Chicago Tribune: Home foreclosure: How to avoid it (March 12, 2009)
- Watch out for home foreclosure scams.Chicago Tribune: Home foreclosure: How to avoid it (March 12, 2009)
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Home Foreclosure on Amazon
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Cashing in on Pre-foreclosures and Short Sales: A Real Estate Investor's Guide to Making a Fortune Even in a Down Market - $24.95
Cashing in on Pre-foreclosures and Short Sales shows investors exactly how to take advantage of what many are calling the best upcoming investment real estate market we have experi...Amazon
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Cashing in on Pre-foreclosures and Short Sales: A Real Estate Investor's Guide to Making a Fortune Even in a Down Market - $24.95
Cashing in on Pre-foreclosures and Short Sales shows investors exactly how to take advantage of what many are calling the best upcoming investment real estate market we have experi...Amazon
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Home Foreclosure Questions
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Was your last home a foreclosure deal? 1 AnswerNo, but it was real steal, unfortunately due to a divorce. We purchased it in 1999 at the bottom of the market here. I'm embarrassed to say how much it is wor... read more -
Do you have sympathy for Lisa Wu Hartwell regarding losing her home to foreclosure? 3 AnswersNope, don't feel bad for them. They were leading an incredibly excessive lifestyle that they couldn't afford. Why does anyone NEED a $3 million mansion? They c... read more -
Why did a rise in home foreclosure destroy banks in Japan in 1990s? 2 Answersno government to give them all the tax payers money. They took their homes and couldnt sell them... read more
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Do you think home owners in foreclosure should stay in their homes as squatters? 9 AnswersThis is a TERRIBLE situation. There is no easy answer. Obviously they should stay there while the process unfolds but they should leave when the lender asks the... read more
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On Twitter Powered by Twitter
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Free Guide to Loan Modification, Foreclosure Laws, and Home Sales Tactics http://bit.ly/73csQW
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Free Guide to Loan Modification, Foreclosure Laws, and Home Sales Tactics http://bit.ly/73csQW
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Home Seller Assist Foreclosure Process - US Department of Housing and Urba.. http://bit.ly/6OflvA www.HSAFunding.net
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Canton CT Foreclosures, Short Sales and Bank Owned Homes for Sale ...: Purchasing a home at a foreclosure auction h... http://bit.ly/63o4m7
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Canton CT Foreclosures, Short Sales and Bank Owned Homes for Sale ...: Purchasing a home at a foreclosure auction h... http://bit.ly/63o4m7
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