Archive for June 2nd, 2009

County Paying for Foreclosed Homes
KIONrightnow.com, CA
SALINAS, Calif- Monterey County is taking steps to boost the local housing market by buying foreclosed homes. As part of a new plan called the Neighborhood Stabilization Program the county will use more than $2.1 million dollars to purchase,
Monterey County approves foreclosure purchase plan The Salinas Californian
Monterey County looks to buy, sell foreclosed homes The Salinas Californian
Medical Reserve Corps program in the works for Monterey County The Salinas Californian
all 4 news articles

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Newsday
Central Islip group surveys neighborhood foreclosures
Newsday, NY
On the front lines of the foreclosure crisis, the Central Islip Civic Council and dozens of residents have begun regularly surveying, driving and walking the community to keep a grip on housing conditions. In one part of the mission, "block volunteers"

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Property Wire
Securing foreclosed homes during hurricane season
WPDE, SC
The risk is the thousands of homes going through foreclosure this year. The challenge for local emergency management officials is to find out if those properties will be ready before a storm arrives or cleaned up after the storm is over.
Foreclosed homes pose hurricane risk MyFox Tampa Bay
New Hurricane Season is Drawing Attention to Foreclosed Homes WMBB-TV
Empty foreclosed properties in US pose danger in hurricane season Property Wire
SmartBrief - PR Newswire (press release)
all 18 news articles

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Monterey County approves foreclosure purchase plan
The Salinas Californian, CA
By Leslie Griffy • lgriffy@thecalifornian.com • June 2, 2009 Marked down foreclosed homes could be sold to local governments, after the Monterey County Board of Supervisors approved the concept today. The county and cities will apply for more than $2.1
Monterey County looks to buy, sell foreclosed homes The Salinas Californian
Medical Reserve Corps program in the works for Monterey County The Salinas Californian
all 3 news articles

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Pre-Foreclosure
Seattle Post Intelligencer
Most likely, they are speaking in generalities and know nothing about the WA state foreclosure law. Third, forget about the second mortgage. Just forget about it. I spoke with a prominent bankruptcy atty last month who told me that he has NEVER seen

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Pressemeldungen.at (Pressemitteilung)
Federal officials warn of foreclosure rescue 'scams'
Newsday, NY
Some Long Island homeowners who are in trouble paying their mortgage are turning to companies that promise to modify loans — for a fee. But in April, the Federal Trade Commission announced that it is cracking down on these "mortgage relief scams.
Leading Attorney Blasts Federal Government's Efforts to Stop Home PR Web (press release)
News On USA Loan Modification Service Provider TPMCafé
Finding Relief Through Debt Consolidation and Loan Modification PR Newswire (press release)
East Valley Tribune - Newsday
all 24 news articles

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MiamiHerald.com
Report: Foreclosures are top sellers
Bizjournals.com, NC
Condominium projects from Miami's Brickell area to Homestead with the most foreclosures are seeing the greatest sales activity in Miami-Dade County, according to a new study. CondoReports.com said banks that are willing to deal on foreclosed units are
Homes in foreclosure-ridden Miami-Dade developments are top sellers MiamiHerald.com
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Pending US Home Resales Surge the Most Since 2001
Bloomberg
Foreclosure-driven declines in values and tax incentives may put more homes within reach of first-time buyers, helping to stabilize the market and stemming the biggest drag on economic growth. Still, with mortgage rates no longer dropping and

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UrbanTurf
Mosquitoes prosper a second summer as foreclosures swell
Bizjournals.com, NC
An unwelcome health hazard of the rising tide of foreclosures has returned. For a second summer, the National Pest Management Association is warning that abandoned homes can become breeding grounds for mosquitoes in the summer months.
Foreclosures Breeding Grounds for Mosquitoes UrbanTurf
In Wake of Foreclosures, Mosquitoes Pose Serious Issues Business Wire (press release)
all 7 news articles

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Monterey County looks to buy, sell foreclosed homes
The Salinas Californian, CA
The county Board of Supervisors will consider today whether to apply for a $2.1 million grant to buy, fix up and sell foreclosed homes. The grant money could also be used to help low-income families purchase the homes. It's enough money to buy,
Medical Reserve Corps program in the works for Monterey County The Salinas Californian
all 2 news articles

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