James Foxx's (jamesfoxx) Blog

People interested in owning a unit in the mixed-use complex Paramount at Lake Eola in downtown Orlando can wait until the foreclosure process on the property is completed, as the unit price may reflect a discount as a distressed property for sale. The remaining unsold units and commercial spaces ...

Taxable property values dropped in Southfield by around 28 percent this year as Southfield bank owned homes and distressed commercial properties continued to surge. As a result, the proposed city budget of $150 million for fiscal year 2010 to 2011 has a projected short fall of $7.5 million. Some ...

Foreclosures continued to surge in Albuquerque in April, increasing opportunities for buying fixer upper homes in the area. For investors or owner occupant buyers with experiences and deeper knowledge in repairs, these types of foreclosures will result in more profits as they are priced much lowe...

Bank of America has agreed to give back $108 million to around 200,000 Countrywide mortgage customers and to stop home foreclosures in Utah in two separate cases. The $108 million was the amount declared by the Federal Trade Commission to be paid back by BofA to about 200,000 Countrywide borrower...

Studies on the factors behind the foreclosure crisis, including expanding government foreclosure listings, have been conducted in an effort to understand the real problem and hopefully find some solutions. According to some research, the financial market downturn is not the only factor that cause...

Buyers need to take advantage of available manufactures foreclosures in Palm Springs now as the pace of foreclosure activity in the area is now slowing down. If the current inventory continues to drop, prices would certainly go up. In the entire Riverside County, where Palm Springs is located, th...

The still high percentage of Baltimore foreclosures for sale is making a lot of homes affordable in the area. In April, home prices in Greater Baltimore declined by 4.2 percent over the year as the share of foreclosures was still high at 27 percent. In May, the average price also dropped sharply ...

African Americans reportedly account for a large percentage of homeowners suffering from the problem of foreclosure home auctions for sale in the U.S. According to NeighborWorks America, a big number of African Americans also sought counseling for foreclosure mitigation under the National Foreclo...

Boating, water skiing and fishing are just three of the great reasons for buying townhouse foreclosures in Round Lake. This northeastern Illinois village is halfway between Milwaukee and Chicago and is near the Chain O’ Lakes, where families can enjoy great views and plenty of water activities. B...

Foreclosure auction listings in Southfield surged in April, as unemployment in the area continued to be high despite a slight improvement in job creation. The statewide jobless rate also improved in April, but foreclosures continued to surge. In Southfield and in all other areas of Oakland County...