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With Texas foreclosures rising to near record highs in many parts of the state, foreclosure auctions in the area have become a big draw for homebuyers and real estate investors. Looking to capitalize on the chance to buy Texas foreclosure homes for discount prices, many buyers are attending auctions, buying bank foreclosures and trying to […]

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In reaction to the rising foreclosure rate of foreclosure all over the state, Maryland Governor Mike O’Malley announced a new emergency order Tuesday requiring mortgage lenders to notify the state ahead of the homeowner when a default is going to be issued on a delinquent mortgage. The legislation is intended to give local authorities a […]

Following the trend of the rest of the country, New Jersey foreclosures rose in 2007, although the New Jersey foreclosure homes situation isn’t quite as bad as many other states. New Jersey currently ranks as number 16 among states with the worst foreclosure property rates, and its problems are blamed largely on the sub-prime mortgage […]

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