James Foxx's (jamesfoxx) Blog

The state plan of containing Michigan foreclosures will be the first to be carried out among the five state plans submitted to the Hardest Hit Fund of the U.S. Housing and Urban Development Department and the Treasury Department. The plan of the administration of Michigan Governor Jennifer Granho...

Buying Round Lake repo homes for sale while prices are still affordable and while the inventory still provides plenty of choices is a smart decision, as foreclosure activity throughout Illinois is slowing down. In May, the number of repo homes in Illinois fell by 14 percent to just over 4,000 uni...

There are more opportunities for finding attractively-priced Greenville bank owned homes for sale, as foreclosures surged in the area in May. Total filings in Greenville County rose by 8.5 percent over the month to 513 filings, accounting for 13 percent of total filings in South Carolina. One maj...

Opportunities for real estate agents specializing in short sales have been rising over the past months, as more distressed homeowners opt for selling their homes over going through the excruciatingly slow and stressful loan modification process. More lenders now are also considering and approving...

Investing in tax deed sales in Michigan can be an additional income-generating activity for people already investing in home foreclosures in the state. Carrying out the two activities as investment endeavors is viable as both involve foreclosure of property. Tax deeds result from failure to pay r...

The lists of government foreclosures are getting longer in most cities of the U.S. as government-sponsored enterprises (GSE) Freddie Mac and Fannie Mae foreclose on homeowners who have defaulted on loans provided by the two mortgage firms. As of March 2010, the two mortgage providers have a combi...

Foreclosure properties for sale accounted for 37 percent of total home sales in Michigan in the first three months this year, based on a foreclosure sale report released this week by a major real estate organization. These Michigan foreclosures were also sold at prices lower by an average of 31 p...

Bank of America foreclosures in Indiana can be found in the lists held by members of the BofA real estate broker network. These lists are also included in the websites of major providers of foreclosure listings. The number of foreclosure homes by BofA, one of the four largest banks in the country...

As the number of Denver distressed properties for sale continues to drop, investors and other buyers are doing well if they are stepping up their search and purchases before the inventory plunges to meager levels. In May, foreclosure filings, which mark the start of the foreclosure process in Col...

A number of buyers of low-priced Omaha bank owned homes for sale are filing protests with the Douglas County Assessor’s Office to reduce their high tax valuations. Among the most publicized case was that of a family who purchased a fixer upper in October last year for $189,000. Now the house is w...