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Recent reports indicate the number of homes listed for sale in many urban areas, including foreclosures in Colorado, have dipped by amounts larger than usual for the month of November. Since the two government-controlled mortgage giants, Freddie Mac and Fannie Mae, have decided to halt foreclosure eviction processes on mortgage loans from December 20th, 2010 […]

If you are planning to buy a home or invest in property then it’s crucial that you familiarize yourself with the housing market. For instance, do you know the difference between bank foreclosures and government tax sale properties? Basically, a bank foreclosure occurs when a borrower is unable to pay his mortgage. When you are […]

Lender firms are under fire from all corners due to several foreclosure related issues. Banks have been working round the clock to satisfy their customers, deal with congressional hearings, revamp overall procedures and come up with new strategies to deal with existing issues and tackle future ones. One such initiative that has surfaced is that […]

There is a major boost in Real Estate investing over the previous two years as homebuyers see the advantages behind the declining market rates. In particular, government tax foreclosures have become the first choice among buyers. But is engaging in Real Estate foreclosure really worthwhile? Well, not for everyone. One needs to acquire knowledge and […]

Rate of distressed homeowners suffering from foreclosure crisis is rising. As unemployment and underemployment continue to plague the economy, it is increasingly becoming difficult for homeowners to stay in their homes and they are ultimately defaulting on their mortgage payments. Changes have been made to the Home Affordable Unemployment Program, which is also known as […]