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    The Paris911 Feed for Foreclosure and real estate owned news from the web this AM

    Local SCV AgentsForeclosure News from the Web.

    Zombie foreclosures: Borrowers hit with debts that won’t die
    CNN – Canada
    In these so-called zombie foreclosures, borrowers move out of their homes after their bank schedules a foreclosure auction only to find out months or years later that the auction never took place or the bank never transferred the deed to the house 
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    Faster foreclosures bump up home prices
    Reno Gazette-Journal
    As of December, 10 percent of Florida’s home loans were still in some stage of foreclosure, the highest percentage in the nation. Behind it were New Jersey, at 7 percent, and New York, at 5 percent, according to CoreLogic. All three require court 
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    Foreclosures, fraud & the big fight
    Detroit Metro Times
    The first was a rally held by a coalition focused on helping homeowners fend offforeclosure and eviction. The other was a press conference on the fifth floor of the Coleman A. Young Municipal Center, outside the offices of the city of Detroit’s Law 
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    Detroit Metro Times
    Foreclosures fall again in March
    San Antonio Express
    For March, lenders are moving to foreclose on 724 properties, a 36.6 percent drop from the same month last year, according to data from RexReport.com, a San Antonio-based foreclosure tracking firm. The last time levels were that low was in 2006, when 
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    Dane County saw 103 new foreclosures filed in January.
    Wisconsin State Journal
    Last year, in August, September, October, November and December, Dane County foreclosurefilings fell year-over-year by 14.5 percent, 11 percent, 5.7 percent, 34 percent and 54 percent, respectively. Foreclosures also fell year-over-year in March, by 
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    Homeowners confront Wells Fargo over foreclosures
    San Francisco Chronicle (blog)
    Since California’s Homeowner Bill of Rights, a new law limiting the power of banks to foreclose, came into effect on January 1, homeowners in Richmond and Oakland have taken a more proactive stance in resisting foreclosures, protesting inside banks at 
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    San Francisco Chronicle (blog)
    The Census, foreclosures and the future of Forest Park
    Forest Park Review
    It is so easy to get caught up in the day-to-day challenges, wonders and snafus of small town life. Sometimes those issues are real and interesting such as whether to approve video gambling in Forest Park, how to abate school district reserves to 
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    STOP GOVERNMENT FORECLOSURES OF OUR HOMES: HURRICANE 
    voiceofdetroit
    Fluker, whose practice is devoted to foreclosures and evictions, testified before a House Judiciary Committee panel in Washington, D.C. in 2010. “People are still being thrown out on the streets every day,” Fluker explained. “We don’t go to court with 
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    voiceofdetroit
    Foreclosures fatten Capital Bank’s books
    Triangle Business Journal (blog)
    Even so, “the level of OREO still remains well above pre-crisis levels, and larger amounts of mortgages still are in the process of foreclosure,” according to SNL. After Flagstar and Capital, the next banks on the list of 20 are: Dallas, Texas-based 
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    Arenac participating in program to fight foreclosures
    The Arenac County Independent
    Posted 2/19/13. ARENAC COUNTY — Arenac County residents now have the opportunity to take part in the “Helping Michigan’s Hardest-Hit” program, according to Treasurer Dennis Stawowy, which allows them to get no-interest loans to fight off foreclosures.
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    State fights to protect homeowners
    Buffalo News
    But one out of two people facing foreclosure don’t seek legal assistance, largely because they are unaware of their options, Schneiderman said. He said the free housing and legal counseling provided through the program can reverse the “vicious cycle 
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    18 Say Mortgage Scam Targeted Blacks
    Courthouse News Service
    “In 2006, the housing bubble burst; residential real estate prices in the United States plummeted andforeclosures increased,” the complaint states. “By 2008, the United States entered what many consider to be the worst economic downturn since the 
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    Rhode Island AG Announces $215000 in Funding to Help Distressed 
    LoanSafe
    Attorney General Kilmartin announced a $155,000 grant to Progreso Latino to expand the agency’s Better Living Project and a $60,000 grant to HousingWorks RI to research and report onforeclosures and foreclosure prevention programs over the next three 
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    ACTS’ Quindel dealing with foreclosures: CRE Guide – Take 5
    The Business Journal of Milwaukee
    Of those, 108 houses had been in foreclosure. The organization, an affiliate of Allied Churches Teach Self Empowerment, deals mainly with foreclosed houses and local buyers, many of whom are minorities, in Milwaukee. The 30-year-old Quindel joined the 
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    Editorial: Maintain foreclosed properties
    Sioux Falls Argus Leader
    With a backlog of federally owned foreclosures, there often isn’t a financial incentive for the government to take care of the properties, which can make an entire street look bad. The kicker is, it’s difficult for a buyer to step in, too. Often the 
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    Foreclosed Homeowners, Beware the Curse of the Zombie Title
    Lawyers.com Blog (blog)
    Never turn your back on a home foreclosure with the assumption your property title is dead. It could reanimate as a zombie title, dragging hordes of bills and fines along with it. A zombie title is stalking Joseph Keller, who vacated his home five 
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    Banks thrive, while homeowners still suffer
    Reuters Blogs (blog)
    A year ago the federal government and 49 states completed a $25 billion agreement with the nation’s largest mortgage servicers to settle claims of “robo-signing” and unlawful foreclosure practices. President Barack Obama announced the creation of the 
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    Paris and Connor MacIvor

    Connor and Paris MacIvor are in the Top 1% of Realtors Nationwide, starting their real estate business in 1998 with RE/MAX Gateway - Santa Clarita Valley and Valencia CA. Their becoming licensed real estate consultants and representatives came from the horrible experience they had when they bought their first home. There were many things that the agent they had hired did not explain and disclose, which per law he should have. Getting that agent on the phone after they closed escrow and after he had gotten paid was impossible. Paris and Connor called the broker, the board of realtors, the office manager and all they received was the promise of a phone call back. The remedy did come, but not as fast and in the way they wanted. That act - that bad agent was the reason why Paris and Connor became Realtors. That was all they needed to vow to never let the same fate befall anyone else, that befell them. Today Connor and Paris are focused on client service. Protection and top-shelf service with regard to their real estate clientele. They primarily work within the Santa Clarita Valley and Valencia CA. However, for a referral, where 80+ of their business is referrals they have License and Will Travel to other parts of Ventura County, Los Angeles County, and Orange County to handle real estate transactions for those who trust their real estate operation. Writing on their Real Estate Blog is a passion. SCVnest.com/blog is where you will find over 10,000 real estate articles. Go to SCVnest.com/radio to listen to their latest real estate radio broadcast.

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