Highlights
A collection of news and information related to Foreclosures published by Tribune Company sources.
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Survey shows 5 percent of Americans plan to buy a home in the next year, most of them young
AP Real Estate WriterNEW YORK (AP) — Just one in 20 Americans say they plan to buy a home within the next year, and they're most likely to be 34 years old or younger and living in the South or West, according to a survey released Wednesday. Roughly a quarter of...Tags: Homes, Financial and Business Services, Mortgages, Money and Monetary Policy, Credit and Debt
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Mayor Daley: How we'll weather the storm
Some economists believe the worst recession since the Great Depression is over. Unfortunately, I see too many working families across the nation and in Chicago that are still struggling -- jobs lost, homes foreclosed, bills unpaid and dreams delayed.
The...Tags: Chicago Jobs, Budgets and Budgeting, Family, State Budgets, Regional Authority
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Federal judge dismisses lawsuit that sought to block home mortgage foreclosures in Minnesota
MINNEAPOLIS (AP) — A federal judge has dismissed a class action lawsuit filed by a group of homeowners who sought to block foreclosures in Minnesota, but their attorney said the case led to significant progress anyway. The lawsuit claimed the...Tags: U.S. Department of Treasury, Judges, National Government, Financial and Business Services, Lawyers
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Enfield Tenants Have To Find New Homes After Duplex Is Condemned
The Hartford CourantGeorge Lombardo of Thompsonville left for work as usual Monday morning only to find a notice posted on the porch of the house he rents on Lincoln Street. The house had been condemned as "unfit for occupancy." It was condemned Thursday, Nov. 5, according...Tags: Rental Service, Fires, Society
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Instead of foreclosure, borrowers can rent homes
Government-controlled mortgage company Fannie Mae is going to give borrowers on the verge of foreclosure the option of renting their homes for a year. The change announced Thursday could give a temporary break to thousands of homeowners, but critics...Tags: Rentals, Fannie Mae, Condos and Houses
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Real Estate Wonk: Housing markets: Baltimore vs. Washington
Home-sale trends are generally stronger in and around Washington, but the Baltimore area is showing some signs of life. That's the conclusion of a new report by Delta Associates, a real estate information and consulting firm, and Metropolitan Regional...Tags: Homes, Sales, Glen Burnie, Inventories, Linthicum
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Think twice before buying rental property
QIn about one year, my wife and I are going to move to Arizona. We have decided to rent out the next property we buy, whether it be a house or condo. We have already inquired about a real estate agent and we intend to meet with him on our next trip to...Tags: Property, Condos and Houses, Mortgages, Real Estate Agents, Credit and Debt
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Market Pulse: $6,500 Cheaper
Buying a home is about to get cheaper for a new crop of homebuyers — $6,500 cheaper. First-time homebuyers have been getting tax credits of up to $8,000 since January as part of the economic stimulus package enacted earlier this year. But with the...Tags: State Budgets, Condos and Houses, Clubs and Associations, Credit and Debt, Johnny Isakson
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Short sales: They can take a long time
ORLANDO, Fla. -- For buyers, it's a way to get a bargain.
For upside-down homeowners, it's a way to avoid foreclosure.
But for pretty much all involved, it's not a way to buy a house quickly.
Short sales are anything but short. Buyers and sellers often...Tags: Winter Park, Lawyers, Mortgages, Vehicles, Real Estate Agents
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Homeowners left in a lurch after mortgage refinancing checks bounce
Tribune reporterIn early April, Jeff Franson refinanced his mortgage, switching it from Chase to SecurityNational Mortgage Co. On a sunny Saturday in early October, as he was mowing the front lawn of his Mokena home, a process server drove up and handed Franson papers...Tags: Fingers, Property, Crestwood, Trials, Consumers
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Lawyer: Orlando Shooting Suspect Had 'Stress Overload'
Associated PressJason Rodriguez's marriage long ago went sour, his home taken in foreclosure, his job lost to incompetence, his finances sunk in bankruptcy. It was a "stress overload" for the man accused of a deadly shooting rampage at his former office, his lawyer...Tags: Financially Distressed Companies, Assault, Murder, Engineering, Lawyers
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Lake foreclosures shatter record-bad mark again
TAVARES - Lake County set another dubious economic mark last month. Circuit court employees logged the county's 4,802nd foreclosure filing of the year Oct. 22, surpassing the record-bad total compiled in 2008, said Barbara Shivers, who tracks mortgage...Tags: Judges, Lake County (Florida), Financial and Business Services, Mortgages, Local Authority
Nov 11, 2009
|Story| Associated Press
Nov 11, 2009
|Story| Chicago Tribune
Nov 10, 2009
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Nov 8, 2009
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Nov 6, 2009
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Nov 8, 2009
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Nov 8, 2009
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Nov 8, 2009
|Story| Orlando Sentinel
