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Recent All About Foreclosures

‘Octomom’ Nadya Suleman Foreclosure Sale Delayed (Again)

The most bizarre foreclosure case in recent memory must belong to Nadya Suleman, who is also known as “Octomom” for delivering eight children at once (via in vitro fertilization) while on government-sponsored welfare to help support her other six children back in 2009. Her unique story ... (original story)

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Foreclosure Scammers Posing As Homeowners Rent Bank-Owned Properties In Florida

Perception is not reality. Randy Lutz learned that important lesson firsthand when he attempted to relocate his family, which includes a handicapped son, from a “crime-ridden” Rhode Island neighborhood to a seemingly more friendly Winter Park, Fla., community. Lutz, responding to a home... (original story)

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Woman Buys (And Renovates) ‘Wrong’ Mississippi Foreclosure Home

Just kidding! First-time real estate investor Terry Jordan in Tate County, Mississippi, thought she scored a steal in Senatobia. Her husband recently lost his job, so the couple turned to the opportunity-rich distressed real estate market “to help them while they go through a tough time,̶... (original story)

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Real Estate Investing Tips For Spring 2012

Believe it or not, but we’re already more than one-quarter complete with 2012. It’s high time we ask: How are those New Year’s resolutions panning out? It wouldn’t be shocking if they are dead in the water. Life kind of — and often does — get in the way of making... (original story)

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Video: Distressed Homeowners Get Revenge Through Foreclosure Property Damage

Hate stuff, break stuff. That’s apparently the losing formula that some distressed homeowners are calculating when it becomes apparent that their homes will be lost to foreclosure. Indeed, the video above depicts a sad state of affairs in Jacksonville, Fla., with alienated homeowners gutting ... (original story)

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Report: Short Sales Surpass Foreclosure Sales

More and more lenders are apparently looking to avoid the foreclosure process, opting instead to sell the distressed assets for less than their original loan amounts. That’s the latest, at least, from Lender Processing Services Inc. (LPS), which revealed short sales accounted for nearly one-q... (original story)

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Jets Antonio Cromartie Hit With Florida Foreclosure In Tallahassee

Former Florida State University (FSU) shutdown cornerback, Antonio Cromartie, is the latest high-profile sports celebrity to fall into foreclosure. Cromartie, who was drafted in the first round of the National Football League (NFL) draft back in 2006, owes $105,381 on an 864 sq. ft. home in Tallaha... (original story)

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Infographic: Tax Savings Home Ownership Calculator And Benefits

Tax breaks, deductions and savings — oh my! Most people would agree that taking advantage of the mortgage interest deduction is one of the major benefits of homeownership. For many homebuyers, deducting the mortgage interest on their taxes is a big selling point when it comes to making the big... (original story)

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Foreclosures Push Home Prices To Lowest Levels In A Decade

It’s official (if it wasn’t already): Homebuyers and real estate investors today are in the driver’s seat. And it’s probably not a stretch to say that they will be riding shotgun, too, for the foreseeable future. S&P/Case-Shiller released its latest home price index of 20 ma... (original story)

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Game Show Host Bob Eubanks House In Westlake Village Sells In Short Sale

Whoopee! Legendary radio personality and television game show host, Bob Eubanks, recently unloaded his Westlake Village house in Thousand Oaks, Calif., for $1.982 million in what the Los Angeles Times describes as a short sale transaction. The five-time Emmy Award winner, which includes a lifetime ... (original story)

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