Posted on 24 December 2011.
More than 13 percent of American Home owners with a mortgage are either behind on their payments or in foreclosure as the recession throws more people out of work; the Mortgage Bankers Association said on August 20th, 2009.The worst of the trouble is still concentrated in Florida (12%), Nevada (9%), California and Arizona.
Posted in US foreclosuresComments Off
Posted on 18 June 2010.
Number of Americans fails to make mortgage payments are raising alarmingly. No matter how the media reports it. Here are the facts and figures obtained from different resources which give you insight about current mortgage defaults.
13 b : Miami, Fla. (The Worst)
Miami is a well-known global city due to its importance in finance, commerce, culture, fashion, print media, entertainment, the arts and international trade. An international center for popular entertainment in television, music, fashion, film, and the performing arts, home to the largest concentration of international banks in the United States
The city's Port of Miami is the number one cruise/passenger port in the world
Delinquency rate: 28.8%
Posted in US foreclosures0 Comments
Posted on 18 June 2010.
Being a sophisticated professional real Estate Investor it is must that you have in-depth knowledge, tips and tricks and practical strategies to give you edge against any body and everybody. You want to buy a foreclosure? Remember, there are both great opportunities and great pressures and pitfalls. You do not want to end up buying a lemon. Greed and fear will make you jump through the hoopla.
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Posted on 02 May 2010.
Canadians in general feels that buying a foreclosure property is great in US. True! But you need to be careful, because there are so many scam artists are robbing foreigners promising all kind of profits. From past few years all kind of companies are forming up to take advantage of this foreclosure rush.
Posted in US foreclosures0 Comments
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