Home foreclosures statistics is assessed from data provided by the related local real estate sites. This is being interpreted by market analysts in their own way, by comparison with available statistics for earlier period. The foreclosure statistics in Dallas-Fort Worth area, as released by the Addison-based research firm – Foreclosure Listing Service Inc. for the [...]
It is not that properties of only “high-end” category that are falling into foreclosure trap, but the latest news is properties of people in “high-places” may also fall into that fate. A residential property owned jointly by former Commissioner, Luzerne County of Pennsylvania, Gregory A. Skrepenak and his parents Barbara and Gregory is listed for [...]
The answer to the above question is simple – Dallas Condos offer all the amenities and thereby something more than just a place to live – surely a luxury lifestyle. A home buyer can select living in Condos in Dallas, because they allow them all the conveniences of a single family home, but unlike the [...]
Home buying activity from foreclosure properties as well as resale homes and Short Sale homes is just getting a moderate pace, albeit in certain markets considered as “hot spots” like Nevada and Arizona. Dallas has been maintaining a steady pace throughout the slump. It would be worthwhile to know the latest housing market conditions of [...]
A former motivational speaker from Texas who marketed books and had his own infomercial on how to make money in the real estate business is amongst those found guilty in a multimillion-dollar mortgage fraud scheme that took place in and around the Dallas area over the course of four years. Eight others were also convicted [...]
In the foreclosure scenario obtaining currently, what is bothering more the parties involved in a foreclosure is the concept of negative equity. The market value of the property goes down below the outstanding balance of the mortgage. Eventually even if the property is sold, which has become a difficult proposition in the present sluggish housing [...]
The foreclosure laws of Texas are applicable in Dallas for delinquent borrowers. Both judicial and non-judicial foreclosures are permitted in Dallas. However, non-judicial Trustee Sale foreclosures are more common in Dallas. Compared to other States, the foreclosure process in Texas moves rather quickly, and a typical foreclosure in Dallas may take about three months. Importantly [...]
The foreclosure tornado has uprooted many families, living blissfully unaware that they were in for a rude shock and one day they will be evicted from their own homes, hard-earned by them. One of the chain reactions foreclosure has caused is drop in home values, arising out of supply and demand theory. During the real [...]
Experts attribute unemployment as one of the most important reasons in pushing up foreclosure crisis deeper in the recent years. While the ballooning effect of adjustable rate mortgages, due to the down-turn US economy, made the monthly installments beyond the budget of many American families, loss of job is adding fuel to the fire. It [...]
