A 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 only 1.1 percent, or 434,000 properties, compared to the 571,000 recorded...
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 that Glen and Cristy have not made a payment on the $1,401...
The San Fernando Valley property of ex football player Terrell Owens may face foreclosure if he can’t sell the home within the 90-day time period, according to an article from Realty News. Reports said Owens failed to pay $905,417.06 in mortgages for his 4,250 square-foot Sherman Oaks home. The 41-year-old football superstar listed the property...
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 has the highest foreclosure levels across the nation, even though it improved...
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 nation have been foreclosed in the last 11 years. This past May is the...
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 temporary delay of her house’s foreclosure. On May 5, Altamease’ mortgage...
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 2014. The record reportedly was the least amount of foreclosures since 2009 during the height of nationwide...
According to recent data released by CoreLogic, many high end homes are undergoing foreclosure procedures even as the overall foreclosure rate continues to improve, The Wall Street Journal stated on March 5. Though overall foreclosure rates at the end of 2014 reduced by 1.4 percent, luxury homes with mortgages of $750,000 or higher have increased...
Real estate data provider RealtyTrac revealed on February 12 that foreclosed properties in the U.S. climbed by 5 percent over the past month–making it the highest increase in the last 15 months, Business Insurance reported. Daren Blomquist of RealtyTrac stated that foreclosure filings are expected to increase in the next few months, as banks tend...
Singer Maxine Jones’ may lose her Virginia home to foreclosure after a federal judge allowed her bank to start the procedure, The St. Louis American stated on February 4. The 53-year-old En Vogue ex member reportedly has a debt of $212,000 on her residential property in Virginia. The looming foreclosure came after Jones defaulted on...