Tag Archives: foreclosures
Second wave of foreclosures?
While we continue to closely monitor the toll that residential foreclosures are taking on our home values, the long-feared second wave of economic trouble from all those deserted strip malls, office parks and industrial complexes across the land has so… Continue reading
Mowing the foreclosure’s lawn
Who’s paying to mow the lawn at that foreclosure down the block? If you own a life insurance policy, chances are it’s you, mate. Not only that, but you’re probably getting hit for twice what the guy doing the mowing is pulling down.
A recent interview … Continue reading
Welcome to ‘housing purgatory’
I blinked twice at the figure: 638 days. That’s the average time it takes from an initial missed mortgage payment for the bank to complete foreclosure proceedings and change the locks here in Florida, the Foreclosure State. Nearly two years of free ren… Continue reading
Punch line to foreclosure-gate
When the banking bigs and the feds decided to turn the page and sweep “robogate” under the rug last December, it left me wanting. Not for anything as corny as justice or compassion, though both would go a long way in this foreclosure quagmire in which … Continue reading
