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The Foreclosure Problem Hasn’t Overlooked Small Town Florida. Flagler County Is Feeling The Pain

Flagler County, Florida, home to 50,000 people, even with such a low population compared to other counties hasn’t escaped the foreclosure crisis. Foreclosure activity increased again in Flagler counties in April, with nearly 1,000 families facing possible loss of their home. Palm Coast, Flagler Beach, and Bunnell, the three largest cities are all feeling the [...]

Monterey County Faces Foreclosure Crisis

There has been a tremendous jump in default notices sent to homeowners in Monterey County, California compared to last year. The number increased by a whopping 260 percent this year. Even more disturbingly, recent reports reveal that foreclosures in Monterey County, CA went up 1011.8 percent in the last quarter of 2007 compared to the [...]

Death By Mortgage. Overspending and Under Earning Has Created A Bankruptcy Epidemic

One cause for bankruptcy filings is less obvious than others. Home mortgages are a large and important sort of debt for most, but buying a home is not what causes bankruptcy. The main culprit is change. Since the late 1940′s we have been taught that owning our home is a smart investment, provides long-term financial [...]

Filing Bankruptcy To Stop Foreclosure Brings Long Lasting Consequences-Think Hard Before Deciding

Filing for bankruptcy to stop foreclosure is likely the last resort for most homeowners. They have exhausted all other means to try to solve the matter to no avail. Before taking the plunge into the chaos that is bankruptcy it is best you fully understand what you are committing yourself to and just how difficult [...]

Foreclosure Market in Kansas Could Increase in the Near Future

The current foreclosure situation in Kansas is at the moment, moderate. It has been reported that the foreclosure rate in Kansas is about half that of the rest of the country. However, in some counties in Kansas several foreclosures are filed each week. In Sedgwick County alone, the numbers are trending up and are expected [...]

San Louis Obispo County Residents Could Be Facing Foreclosure Problem

Foreclosures in San Louis, Obispo County are moderate at this point compared to the U.S. average, but could worsen quickly, especially in the economic situation we are facing today. When the U.S. is in good financial shape, so is California, but when it is in bad shape, California seems to feel it more than any [...]

Foreclosure Market In Salt Lake City, Utah Could Increase In The Near Future

The current foreclosure situation in Salt Lake County is moderate at the moment, but foreclosures are increasing here just as they are almost everywhere in the country. The numbers of foreclosures are up in Salt Lake County since August 2007 and have been trending upwards, but only in slight increases. The summer selling season should [...]

Don’t Let Foreclosure Prevention Scam Artists Make A Bad Situation Worse

There is a saying that good news travels fast but bad news travels at the speed of light. If you happen to be embroiled in a foreclosure you probably understand what I mean. Aside from the bill collectors hounding you daily there now appears another group of people bent on being the one and only [...]

As Foreclosures Rise, Dutchess County Braces For The Fallout

Dutchess County, with over 280,150 residents is experiencing its share of the foreclosure misery that is affecting the rest of New York and the country as a whole. With foreclosures on the rise in Dutchess County the state is slow in responding with any kind of solution. Some housing experts yesterday warned that state lawmakers [...]

Do Not Waste Money On A Home Appraisal Without Enough Equity To Justify It

For many homeowners seeking help to stop foreclosure, refinancing their current mortgage is quickly becoming the option of choice, especially if they feel their home has enough equity in it to justify the decision. The only way this can be determined, however, is through a property appraisal. The problem with this is most home owners [...]