James Foxx's (jamesfoxx) Blog

Issues regarding alleged irresponsible processing of foreclosures by banks have grabbed the headlines recently. According to some reports, a number of homes under Bank of America foreclosure listings and other bank foreclosed property listings were included in the lists because of erroneous proce...

Most real estate investors turn to bank owned listings because they realize the potential to turn a good profit on these properties. Banks appoint licensed real estate brokers and agents to sell off their inventory of foreclosed homes, after these homes failed to sell in auctions. Banks are usual...

When deciding whether to buy a foreclosed property or not, you should look beyond the condition of its exterior and façade. If you want to make sure that the bank owned houses in which you are interested in are in quality condition, you may want to get the help of professional property inspectors...

Data from the Illinois Association of Realtors showed that sale of existing dwellings and distressed properties for sale in Chicago has declined in August 2010 by 24% when compared with the same period of 2009. The August decline is the lowest level recorded for the past 10 years, realtors have a...

Homeowners in the state of Indiana who are facing foreclosures trekked to the Lafayette Square Mall to attend a forum designed to educate and help troubled borrowers in the area prevent home foreclosures. The event also involved financial services firms that sent representatives who accommodated ...

Foreclosure activities and properties under pre foreclosure list increased in August 2010 for most U.S. states. Meanwhile, bank and lender repossessions hit record highs. According to the latest housing market data, the number of properties repossessed by lenders rose by 3% to 95,364 compared wit...

Sales of residential, commercial and ranch properties for sale continue to decline in some areas of Ohio. The residential property segment is the hardest hit in August 2010, particularly in Summit County, which recorded a 22.7% decline in home sales when compared with the same month of 2009. Sale...

The prices of houses in Indiana, including Suntrust foreclosures, existing dwellings and other types of distressed homes, have declined in July 2010 when compared with the same period in 2009. According to CoreLogic, prices for all types of homes declined by 1.1% in July, ranking the state 22nd a...

Owning your dream house is part of the great American dream. Unfortunately, tough times have made this dream a lot more difficult to achieve for the average citizen. The good news is that this dream can still be achieved by taking advantage of the abundant supply of affordable home foreclosures. ...

Foreclosure houses are influenced by market variables and a thing that is constant about them is the need for continuous maintenance. If investing your money to realize returns later on is your goal, you should keep an open mind and consider other avenues of investment such as shares of stock in ...