http://www.findforeclosureproperties.com/blog News of Foreclosures, Foreclosure Properties Information and How to Find Distressed Properties for Sale Wed, 07 Jan 2009 08:03:29 +0000 http://backend.userland.com/rss092 en January 20, 2009 is the target date aimed by Democratic lawmakers to pass a bill which they claimed could save the country's economy and help reduce the number of foreclosure homes. This is also the day when Barack Obama will be inaugurated as the new President of the United States. However, ... http://www.findforeclosureproperties.com/blog/foreclosure-crisis/congressional-debate-expected-over-an-economic-bill-that-could-end-foreclosure-problem A survey conducted by real estate search engine Trulia.com and research firm RealtyTrac says that forty-seven percent of U.S. adults would probably consider buying a foreclosed home and eighty percent were worried with the uncertainties involved in purchasing foreclosure homes. More than 75 percent of buyers believe that they should ... http://www.findforeclosureproperties.com/blog/foreclosed-homes/survey-reveals-fewer-adults-consider-buying-foreclosed-homes If you are an investor or a first-time homebuyer considering taking advantage of the low prices of foreclosure properties, then check the following guidelines: Research your local real estate market. Look for foreclosure listings in your local newspapers and on web sites. Compare current and previous weeks' prices. You will see ... http://www.findforeclosureproperties.com/blog/foreclosure-market/is-it-good-to-buy-a-foreclosed-property-now California-based RealtyTrac said that home foreclosure filings at the city of Illinois have skyrocketed to 31 percent this October—a big leap compared to the rates of Illinois foreclosures last year. On the national level, the rate of foreclosure properties jumped to 25%. RealtyTrac said that the data means that one ... http://www.findforeclosureproperties.com/blog/illinois/illinois-foreclosures-soared With the continuing rise of foreclosures sweeping across the country, the federal government has decided to use billions of taxpayer's money in prevention programs against foreclosures. This includes the FHASecure and Hope for Homeowners programs, which guarantees the refinancing of expensive mortgages that brought these homeowners into trouble and convert ... http://www.findforeclosureproperties.com/blog/foreclosure-filings/bailout-plan-for-foreclosures-active-but-taxpayers-not-happy Mortgage rates in the U.S. have reached their lowest level in three years, but these rates have not been successful in reviving the depressed housing market due to the continued flooding of the market with foreclosed properties. Fannie Mae's chief economist Doug Duncan that the reduction of interest rates will encourage ... http://www.findforeclosureproperties.com/blog/foreclosure-market/unemployment-foreclosures-continue-to-depress-housing-market The government has taken a step to help ease the housing crisis the nation is experiencing today by bringing 30-year mortgage rates down to 4.5 percent. However, this would only be applicable to individuals planning of investing on a new home. Such a scheme can never address the ... http://www.findforeclosureproperties.com/blog/foreclosure-crisis/useless-solutions-to-foreclosure-crisis For the first time since his election, President-elect Obama criticized the current administration for its lack of effective actions and countermeasures in stopping the flood of foreclosures that is hitting the nation. Disappointed on the slow action of the administration in coming up with a favorable package that will not ... http://www.findforeclosureproperties.com/blog/foreclosure-filings/obama-accused-bush-of-not-taking-actions-against-foreclosures Black Entertainment Television founder and owner of RLJ holdings, Robert Johnson announced to a group of bankers, housing activists and regulators Monday that he holds the solution to the lingering crisis of home foreclosures. Johnson believes that the federal government should shell out $1 billion to be used for funding a ... http://www.findforeclosureproperties.com/blog/foreclosure-help/1b-budget-answer-to-foreclosure-dilemma State and local officials released their list of 10 lenders, all carrying national names, who have recorded starts and auctions associated with foreclosure homes for the month of October and November in the New York metropolitan area. Sen. Jeff Klein reported that Long Island filed 1,211 foreclosures and seven lenders with ... http://www.findforeclosureproperties.com/blog/foreclosure-rates/growing-number-of-foreclosures-spoil-holiday-season