Latest Foreclosed Homes Articles

Foreclosed Homes: Cash for Keys

Banks are resorting to blatant bribery in order to get homeowners to leave their foreclosed home without damaging it. By offering a homeowner a couple of thousand dollars, a bank tries to get victims of foreclosure to leave the home without being evicted and without damaging the house so much that [...] (read the full entry)

Renters Affected by Foreclosure Process

Homeowners may be the ones who are the main victims of the foreclosure process but renters are not immune from the housing problem. An article in USA today stated that renters are suffering a tough rental market because the number of vacancies is going down, there is not a huge inventory of rentals, monthly rent [...] (read the full entry)

Walk Aways Becoming Commonplace

Many people are opting to walk away from their property when all other options for saving their home for foreclosure have been exhausted. Many people are now considering walking away a “business decision”. Since property values have dropped so much and so quickly, homeowners believe that they do not have a better alternative. There are [...] (read the full entry)

A Survivor Mentality When It Comes to Foreclosure

The constant depressing news about foreclosures and the economic state of the entire world is more than enough to cause anyone to give up and wait for Armageddon to come. However, you can still fight back against foreclosure and do something about your financial situation. Most people are tired of the foreclosure [...] (read the full entry)

Save Your Home from Foreclosure

Adjustable mortgages are the main culprits in the current foreclosure crisis. If these loans had fixed rates, the amount of the mortgages may be decreasing. Adjustable mortgage are loans that started out with low interest rates. Homeowners were paying for homes that they would ordinarily not be qualified for based on [...] (read the full entry)