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A collection of news and information related to Foreclosures published by Tribune Company sources.
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Foreclosure rates continue to rise
More dark days are ahead for the housing market and for homeowners concerned about losing their homes. The data collected by ForeclosureDataOnline.com shows that foreclosure levels continue to rise and are reaching record highs, particularly in states...Tags: Mortgages, Freddie Mac, Fannie Mae, Financial and Business Services
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Think there's lots of time for tax credit? Think again
Do you hear that clock ticking? It's the sound of time creeping up on the expiration of the $8,000 tax credit for first-time home buyers. Yes, it's only July and the credit doesn't expire until Dec. 1. And yes, it's definitely in the best interests of...Tags: Real Estate Buyers, Naperville, Financial and Business Services, Contracts, Mortgages
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Lawyer: Man dumb, but no crook in real estate case
jennifer.kelleher@newsday.comA Medford man on trial for entering homes in foreclosure, fixing them up and renting them out - without any legal right to do so - should not be convicted for being dumb, his defense attorney told a Suffolk jury Thursday. Paul Salamone, 28, is charged...Tags: Lawyers, Rentals, Condos and Houses, Financial and Business Services, Central Islip
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Survey finds more than half of potential homebuyers still skittish as layoffs mount
AP Real Estate WriterWASHINGTON (AP) — More than half of potential homebuyers say they're still not prepared to jump into the market, and fear of losing their jobs is the No. 1 reason, a new poll shows. With unemployment at a 26-year-high and rising, nearly 53...Tags: Barack Obama, Real Estate Buyers, Sales, Polls, Government
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Community associations confront squatters
Has a squatter moved into your community? That's the case for The Circle Villa Condominium Association in Lauderhill. "We have at least several unit-owner squatters and one renter squatter," said Dorine Neal, president of the 96-unit condo association....Tags: Fort Lauderdale, Rentals, Lauderhill, Condos and Houses, Court Administration
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Career center reaches out on North Shore
Special to the TribuneA 28-year-old man lost his job three months ago and moved with his wife into his parents' Winnetka home. A couple are selling their summer home and trimmed their social calendar in an attempt to keep the Northbrook house in which they live. A Northbrook...Tags: Naperville, Homes, Glenview, Evanston, Lake Forest
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Your home's true worth: Who can tell these days?
Sentinel Staff WriterOne of the biggest mysteries in the region's tumultuous housing market these days is: How much is that house worth? Appraisers, real-estate agents, buyers and sellers across Central Florida are in a quandary about whether to include bargain-basement...Tags: Orlando Real Estate, Orange County (Florida), Sales, Homes, Daytona Beach
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Economy affects Chabad
South Florida Sun-SentinelThe economic downturn seems to have affected even the charitable donors of Chabad centers. This was evident when Regions Bank named the Lubavitch Education Center in Miami in an $8,000,000 foreclosure lawsuit last month. Rabbi Benzion Korf, head of...Tags: Miami Beach, Delray Beach, Wages and Pensions, Recreational and Sporting Goods Industry, Judaism
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Taking care of foreclosed homes can be a dirty job
The hundreds of foreclosed houses in the Lansing area are good for Matt Johnson's business, even if it means a lot of dirty work. Tri-County Property Preservation maintains foreclosed properties for banks and others. Johnson and his five employees cut...Tags: Matt Johnson
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Home foreclosures expected to surge in coming months
Washington Bureau-- Just as the nation's housing market has begun showing signs of stabilizing, another wave of foreclosures is poised to strike, possibly as early as this summer, inflicting new punishment on families, communities and the still-troubled national economy....Tags: Barack Obama, Property, Financial and Business Services, Banking, Consumer Confidence
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Cycle of rising unemployment, foreclosures and bankruptcies raising economic stress
Associated Press WritersCalifornia, Michigan and South Carolina suffered the most financial pain in May as unemployment, home foreclosures and bankruptcies rose, according to The Associated Press' monthly analysis of economic stress in more than 3,100 U.S. counties. The...Tags: Bankruptcy, Merced, Ben Bernanke, Symptoms, Merced County
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In California, Mortgage Scammers Find Easy Pickings
Los Angeles Times Staff WriterMaricela Castellanos sat at her desk, the telephone pressed to her ear, a chill running through her body. A representative from her mortgage company was on the line with troubling information about the loan on Castellanos' Hesperia home. No one at the...Tags: Lawyers, Mexico, Financial and Business Services, Banking, FBI
Jul 10, 2009
|Story| Internet - Fair Use
Jul 10, 2009
|Column| Chicago Tribune
Jul 9, 2009
|Story| Newsday
Jul 8, 2009
|Story| Associated Press
Jul 8, 2009
|Column| South Florida Sun-Sentinel
Jul 8, 2009
|Story| Chicago Tribune
Jul 8, 2009
|Story| Orlando Sentinel
Jul 8, 2009
|Story| South Florida Sun-Sentinel
Jul 5, 2009
|Story| Associated Press
Jul 6, 2009
|Story| Chicago Tribune
Jul 6, 2009
|Story| Associated Press
Jul 6, 2009
|Story| Los Angeles Times
