How Birmingham Homeowners Can Protect Their Home from Foreclosure Birmingham homeowners often find it difficult to defend their home in a foreclosure procedure due to the fact that the state follows a “nonjudicial foreclosure” procedure. Struggling homeowners who want...
Foreclosure
Foreclosure looms for NFL legend Terrell Owens
Former professional football player Terrell Owens is at risk of losing one of his properties to foreclosure after he failed to settle mortgages of over $900,000, an August 6 article of Realty Today reported. According to reports, Owens defaulted $905,417.06...
Homeownership rate in the US declines
A July 28 report of Bloomberg revealed that this year’s homeownership rate is the lowest in decades. In the recent data released by the U.S. Census Bureau, the nationwide homeownership rate was 63.5 percent in the first quarter, and it fell to 62.9 percent...
Foreclosure rate in Russell County among highest in state
Real estate experts recently observed that the Russell County foreclosure rate is one of the highest in the state of Alabama, making its way to the 9th spot, an article of wtvm.com reported on June 30. According to reports, of every 1,200 homes in Russell County, at...
February’s nationwide foreclosure rate declines by 10 percent
10 percent decrease in the nationwide foreclosure rate was observed in February when compared to the same month last year, a report of Orlando Business Journal stated on April 12.According to reports, the recorded foreclosure inventory across the U.S. in February was...
Glen and Cristy Rice’s Miami condominium facing foreclosure
The Miami condominium jointly owned by former basketball star Glen Rice and his ex-wife Cristy Rice is being threatened with foreclosure, a November 6th article reported.According to reports, the bank who gave the former couple the loan for the property has claimed...
Foreclosure rates improving in the U.S. even in lagging states
Although the United States as a whole has continued to see decreasing levels of foreclosure, there are a handful of states that still have relatively high foreclosure rates, according to data from RealtyTrac reported by USA Today.The state of Florida reportedly still...
Foreclosures not at pre-recession levels but still improving
Although more homes were foreclosed in May than pre-recession levels, it is still nearly half the number of foreclosures that occurred in 2011, according to the Orange County Register on July 14.According to CoreLogic data, approximately 7.8 million homes across the...
Bullet Bob’s former spouse scheduled to lose home
The residential property of the former spouse of late Dallas Cowboys football star Bob Hayes is being threatened with foreclosure, a May 5 report of WFAA 8 revealed.Reports said that former wife of “Bullet Bob,” Altamease Hayes, and her legal counsel sought a...
Foreclosure levels in Calhoun County continue to improve
The Anniston Star reported on April 2 that there were fewer foreclosures in Calhoun County in 2014 than the past several years.According to reports, an estimated 70 homes were foreclosed on in the county from the second until the fourth quarter of...