Sentences with phrase «more than a foreclosure»

Other than bankruptcy, nothing damages your credit history, credit score, and credit report more than a foreclosure, so you will want to avoid it at all costs.
In this market, I think we have to make a more compelling case that are listings are better — worth more than the foreclosures and short sales down the street.

Not exact matches

And in some states, falling behind by no more than 60 days could legally entitle a mortgage lender to initiate foreclosure proceedings.
In 2012, the city filed for bankruptcy and had the nation's highest foreclosure rate at more than four times the US average, according to RealtyTrac.
Homeowners with equity in their properties will do everything possible to make mortgage payments to avoid foreclosure — perhaps more than a prime borrower with just 5 % down.
In fact, few things can be more damaging to growth than the kind of financial crisis that Mulvaney conveniently looks past — the one that started precisely in 2007, sent unemployment to 10 % nationally and much higher in many places, and resulted in bailouts for banks but foreclosures for working Americans.
With that in mind, the site compared more than 180 U.S. cities across 29 key metrics including unemployment, poverty, foreclosure rates, income volatility and savings habits to see where people are in the best and worst financial shape.
New Jersey and parts of Long Island had more nonprime mortgage activity than the national average and now has more delinquencies and foreclosures than in much of the region.
Fewer mortgages are «underwater» — whereby more is owed than the home is worth — lessening foreclosure risk and consequent accompanying distress and reduced consumption.
More than 90,000 veteran homeowners avoided foreclosure in 2015 alone thanks to this effort.
We had more than 80 % of the foreclosure notice business.
America's housing crisis generated nearly 4 million foreclosures and devastated residential equity for more than six years, but it also created a powerful new positive force in the nation's residential real estate economy.
Declines in foreclosures and REOs inventories caused by a multi-year decline in foreclosure starts put upward pressure lower tiered properties more than more expensive homes.
Bryan Sord, the owner of 94 West, faces a more than $ 1.75 million foreclosure lawsuit.
Will County courthouse officials have been unable to locate a south suburban restaurant owner involved in a more than $ 1.75 million foreclosure lawsuit, according to court documents.
In March 2015, more than a year after the grant was announced, a bankruptcy judge finally ruled that Syracuse could not proceed with a tax foreclosure to seize the building.
But in Brooklyn, incumbent state Sen. John Sampson, under federal indictment for allegedly embezzling more than $ 400,000 in foreclosure funds, defeated Mayor Bill de-Blasio-backed candidate Dell Smitherman.
RealtyTrac estimates more than 15,000 properties to be zombie foreclosures.
Fliers and advertisements are posted throughout southeast Queens for foreclosure help with nothing more than a phone number, according to Comrie.
And that money will enable the county to pursue foreclosure action against more delinquent property tax payers, overall, than it has in the past 15 years.
A jury found the 51 - year - old guilty of obstruction of justice and lying to the FBI about illegally skimming more than $ 400,000 from foreclosure deals he worked on as a court - appointed referee.
In a lopsided victory, the incumbent Sampson — who is accused of with stealing more than $ 400,000 in home foreclosure sales and tampering with an FBI investigation, among other charges — garnered 3,000 votes more than his closest challenger to take 54.2 percent of the vote in the Democratic primary for the 19th Senate district.
An elected official in the Town of Alden hasn't paid his property taxes in more than five years and is in peril of losing his home to foreclosure.
For more than 20 years, I have fought to ensure that dream is kept alive through critical legislation like foreclosure prevention, more property tax relief for New York City homeowners and increased oversight of predatory lenders.
Statewide, the number of pending foreclosure cases increased from 72,183 at the beginning of 2013 to a peak of more than 91,600 in May 2014.
Sampson was sentenced to five years prison in January on charges of obstruction of justice and lying to the FBI about illegally skimming more than $ 400,000 from foreclosure deals he worked on as a court - appointed referee.
Since it began, MAP has provided $ 18 million in small loans to homeowners to clear other debts and qualify for mortgage modifications; it has prevented more than 650 foreclosures and preserved $ 153 million in property value for nearby homeowners.
And that money will enable the county to pursue foreclosures against more delinquent property tax payers, overall, than it has in the past 15 years.
The county began cracking down on city property owners this year for the first time since 2005, threatening foreclosures against nearly 150 of the worst offenders and generating more than $ 750,000 for the county in city tax payments and proceeds alone.
Sampson was indicted in 2013 after prosecutors said he stole more than $ 400,000 in home foreclosure sales to help finance an unsuccessful bid for Brooklyn district attorney and tried to cover up the alleged crime.
Over the past year, Syracuse tax officials have sent foreclosure notices to more than 650 tax - delinquent property owners, with the intent of seizing the properties of those who don't pay and turning them over to the land bank.
Promoting financial independence is more vital than ever, Young says, and she offers as proof the recent gloomy turn of economic events: Nearly 30 percent of families at one Jackson - area school have lost their homes due to recent mortgage foreclosures.
These mistakes can cause you to pay more than you need to, prevent your loan from closing or even lead to foreclosure and bankruptcy.
In 2008 and 2009, we saw more home foreclosures than ever before in our nation's history.
Remember HUD said in early December that «more than 33,000 borrowers have already refinanced their subprime home loans with FHASecure, a government - insured foreclosure avoidance initiative.»
It plainly says that «more than 33,000 borrowers have already refinanced their subprime home loans with FHASecure, a government - insured foreclosure avoidance initiative.»
Meanwhile, figures from RealtyTrac.com show that more than 8,000 homeowners a day are receiving some form of foreclosure notice.
Today, many desperate sellers would be more than willing to accept a lease option if it gets their property sold — it beats being forced into foreclosure.
Given that more than 8,000 a day receive foreclosure notices it would be great to have a robust, successful Hope for Homeowners program.
Delinquencies are defined as mortgages which are more than 30 days behind on payments, but which have not yet slipped into foreclosure.
I recently wrote about how more than 650,000 home mortgages had been modified this year through October because of the government's foreclosure prevention plan.
-LSB-...] recently wrote about how more than 650,000 home mortgages had been modified this year through October because of the government's foreclosure -LSB-...]
VA loans are more relaxed than conventional loans when it comes to recent foreclosure or bankruptcy.
This is riskier however because it assumes they can get the foreclosure for cheap, fix it up inexpensively, result in appraised value of more than their total investment thus far and finally be able to find renters willing to pay the monthly mortgage.
Bankruptcies and foreclosures, are certainly more difficult to remove from credit reports, but this has more to do with the operational systems of the credit bureaus than with the severity of the bad credit item.
Foreclosure costs them more money than they can make back from the foreclosure sale.
Homes are more affordable right now than at almost any time in our country's history except for the foreclosure years (2009 - 2015) when homes sold at major discounts.
Power of sale foreclosure can occur much more quickly than judicial foreclosure because the trustee vested with the power of sale does not need court oversight to sell the property.
Even many mortgage lenders have come to realize that loan modifications and other relief are often more cost - effective than foreclosure.
No one tracks how many short sales have been reported as foreclosures, though RealtyTrac data show more than 2 million Americans have completed short sales since the housing bubble burst.
a b c d e f g h i j k l m n o p q r s t u v w x y z