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Services for Real Estate Pros - ForeclosureDeals

ARCHIVED BLOG POSTS

2010 

The number of bank homes for sale in Florida and in Georgia in 2009 was cut down by two major regional banks operating in these two states. Atlanta-based SunTrust Banks and North Carolina-based BB&T Corp. reduced the number of mortgage defaults and foreclosures by restructuring a big portion of t...
01/25/2010
Over 1,200 Miami foreclosures will be purchased, rehabilitated and rented out or sold to lower-income families by Miami-Dade-based nonprofits that comprise the consortium Neighborhood Housing Services of South Florida Inc., which received a total of $89.375 million from the U.S. Department Housin...
01/22/2010
One can find a bank foreclosed home in Las Vegas priced at around $116,000 this year, according to real estate analyst Larry Murphy who heads Las Vegas-based firm SalesTraq. In a recent meeting of around 200 real estate market participants, Murphy said that the median sales price for foreclosure ...
01/22/2010
A big number of Los Angeles foreclosures will be fixed with the $100 million received by the city from the second Neighborhood Stabilization Program funding round of the U.S. Department of Housing and Urban Development. Los Angeles got the highest amount among all other cities that received alloc...
01/21/2010
Bank foreclosed hotels in the cities of Las Vegas, Dallas and Springfield in Ohio have various troubles, but all these problems result from difficulties with their finances. Problems with government authorities concerning development policies, failure to implement safety repairs, failure to pay t...
01/21/2010
Las Vegas foreclosures are expected to rise further this year with the planned release into the Nevada market of about 6,000 foreclosure homes by Bank of America over the next several months. According to a BofA executive, the foreclosures could be released at about 500 units a month. The propert...
01/20/2010
Foreclosures sale activities fueled the increase in home sales and in pending home sales in the Twin Cities of Saint Paul and Minneapolis in 2009. According to figures from the North Metro Realtors Association, the Saint Paul Area Association of Realtors and the Minneapolis Area Association of Re...
01/20/2010
Properties listed for bank foreclosure homes sale are still surging in Orlando as unemployment in the area continues to worsen, based on data from the Florida Agency for Workforce Innovation and real estate information providers. In 2009, the Orlando metro area was seventh among metropolitan area...
01/19/2010
Jacksonville foreclosures continue to rise in the residential sector, particularly in the multifamily subsector. Last December, a number of apartment and condominium buildings were taken back by their lenders. In 2009, a total of 26,537 residential units in Jacksonville received default or forecl...
01/19/2010
Indianapolis foreclosures have been slowing down, making the city one of the top real property investment markets in the county, based on data from the Metropolitan Indianapolis Board of Realtors, FinestExpert.com and other real estate firms. According to the realtor board, there are 16,943 homes...
01/18/2010
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