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Market News and Feature Articles
ForeclosurePoint.com Launches Only National Website that Provides Free Access to Complete Street Addresses... Press Release
June 25, 2008
ForeclosurePoint, which provides all of the informational tools and resources needed to effectively acquire foreclosure properties, today announced the nationwide launch of ForeclosurePoint.com, the only national foreclosure marketplace that provides free access to full street addresses...
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Distressed Property Owners: Beware of Scam Artists
March 14, 2008
In addition to the legitimate companies to help you with foreclosures, there are also con artists who prey on homeowners in trouble.
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Distressed Property Owners: Stop Foreclosure Now!
March 14, 2008
If you are a home owner facing a foreclosure, you do have options available to you. However, you must take action immediately.
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Anatomy of a Short Sale
March 13, 2008
"A properly structured short-sale transaction can be an attractive alternative and beneficial for all parties to the transaction."
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Alert! Lenders Lowering Opening Bids
to Move Properties at Auction.
March 8, 2008
"We are seeing well over 50% of all opening bids in some California markets coming in as lender initiated drop bids."
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The Foreclosure Process
Reference Article
The foreclosure process allows a lender to recover the amount owed on a defaulted loan using a public auction of a property secured property secured by a loan.
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Foreclosure Statistics
Last Updated: 07/23/2008
- Filings: 2,129,070
- New (last 30 days): 160,348