According to a report released by CoreLogic last Tuesday, residential foreclosure activities in Charlotte last September remain to be below the year-ago rates. However, there have been no improvements in such area. In the month of September, the foreclosure rate in Charlotte-Concord-Gastonia metro was 1 percent, which is down from ...

Read More

Although the foreclosure activity in the U.S. had its biggest monthly increase in four years as it jumped by 15 percent from September to October, 10 states still experienced a month-over-month drop in foreclosure in October based on the October 2014 U.S. Foreclosure Market Report released by RealtyTrac last week. ...

Read More

North Carolina was named as one of the 16 states with the year-over-year increase in “Zombie Foreclosures.” Zombie foreclosure is a term used when the homeowner, who is in financial distress leaves the property before the bank completes the foreclosure process. The number of zombie foreclosures in different places across ...

Read More

A Florida man recently bought a foreclosed house through an auction but got surprised to see a dead body inside. William Wilson, a resident from Cape Coral, Florida, purchased through an auction a foreclosed light pink house at SE 19th Lane last Tuesday, November 4, for $96,000. When he was ...

Read More

A lot of homebuyers perceive both foreclosed and distressed properties negatively. They think that it will give them a headache, that it requires expensive makeover, or multiple title liens. The truth is, although distressed properties have decreased in numbers, those that are currently available can help you save a lot ...

Read More

According to CoreLogic’s September 2014 National Foreclosure Report released last Wednesday, foreclosure inventory along with the completed foreclosure numbers nationwide both had significant year-over-year declines in September. Foreclosure inventory showed a total of 607,000 homes that were in some state of foreclosure in September this year that is a drop ...

Read More