Foreclosure Filings down and Foreclosure Bailout that nobody knows about

Arapahoe County has YTD 4,520 foreclosure filings week ending 10/04/08. This is 68 filings less then same time last year which means filings have dropped 1.48%.  As recent as end of July 2008 foreclosure filings were 10.41% higher than last year at the same time.

 

Go to www.billfung.com and click on Market Data for select cities to see what’s happening now. The new statistics will be posted after the 15th of each month for the previous month.  For more detailed neighborhood information contact me at bfung@kw.com

 

The Consumer Bailout that nobody knows about.

This is an article you need to read or if you know of people who are, or might go into foreclosure, this article can help them.  The article talks about Section 1403 of the new housing bill that was signed into law on July 30, 2008 (HR 3221).  It required mortgage servicers to modify loans for homeowners and help them avoid foreclosure. Homeowners have to meet 3 requirements.  Click here to read full article.

Advertisements
Explore posts in the same categories: Foreclosures & Short Sales

Tags: , , , , , , , , , , ,

You can comment below, or link to this permanent URL from your own site.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s


%d bloggers like this: