May Sees Pickup In Homes Facing Foreclosure Risk

Lenders initiated foreclosure proceedings against more U.S. homeowners in May, setting the stage for increases in home repossessions and short sales -- scenarios that could further weigh down home values in coming months.

Topics:  u.s    foreclosure   home   
BING NEWS:
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    03/15/2015 - 5:12 pm | View Link
  • Homes selling for $500 but here's what you should know before buying
    Loveland Technologies, a mapping company that has surveyed every property in Detroit, estimates that half the properties facing foreclosure are occupied, housing about 100,000 Detroiters. Critics question the morality of buying occupied homes and fear the ...
    03/11/2015 - 1:07 pm | View Link
  • $500 US Detroit homes may be no bargain due to squatters and unpaid taxes
    Loveland Technologies, a mapping company that has surveyed every property in Detroit, estimates that half the properties facing foreclosure are occupied, housing about 100,000 Detroiters. Critics question the morality of buying occupied homes and fear the ...
    03/11/2015 - 10:16 am | View Link
  • May sees pickup in homes facing foreclosure risk
    LOS ANGELES (AP) — Lenders initiated foreclosure proceedings against more U.S. homeowners in May, setting the stage for increases in home repossessions and short sales — scenarios that could further weigh down home values in coming months. Default or ...
    06/14/2012 - 1:24 am | View Link
  • May sees pickup in homes facing foreclosure risk
    Default or scheduled-home-auction notices were filed for the first time against 109,051 homes last month. That's an increase of 12 percent from April and up 16 percent versus May last year, foreclosure listing firm RealtyTrac Inc. said Thursday.
    06/13/2012 - 9:00 pm | View Link
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  • Detroit's $500 foreclosure homes: Five things to consider ...
    Sixty-two thousand properties have faced foreclosure in Detroit this year over unpaid taxes. About half will likely be auctioned for US$500 apiece this fall.
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