Articles in the Featured Category
Featured, FR Potpourri »
A homeowner can become desperate looking for ways to avoid foreclosure. Perhaps he or she attempted to do a loan modification, deed-in-lieu and even a short sale, seemingly exhausting all conventional options.
The situation appears hopeless. That is until another, considerably more unconventional option emerges.
Adzookie recently announced that it will pay someone’s mortgage in exchange for turning the distressed homeowner’s house into a giant billboard.
But there’s a catch.
The person who hires Adzookie must own the home. The paint must remain on the home for at …
Featured, Foreclosure.com, RealtyStore.com »
RealtyStore.com and Foreclosure.com listings analyzed through a random sampling of 100 properties nationwide.
Observations:
20% of RealtyStore.com listings sampled appeared on foreclosure.com as “inactive,” while the listing on RealtyStore were either “new” or “active.” Many times this signifies stale or outdated information.
Example 1:
113 Viaduct Pescara, American Canyon, CA 94503 is listed as “active” on RealtyStore.com. See image below:
The same property on Foreclosure.com is listed as “inactive” and with the address: 113 Via Pescara- which also happens to be the correct address. See image below:
When cross referenced with …
Featured, Real Estate & Economy »
A few months ago, while performing some web searches on Google for ‘Foreclosure related’ keywords, I found some interesting things.
I found Reply.com advertisements all over the place. Reply.com now has foreclosures? Further investigation showed that they apparently have found a little loophole in Google’s double ad showing policy.
Google Adwords prevents individual companies from having multiple ads appear at the same time for the same keywords. This is called ‘double ad serving.’ This halts companies with deep pockets from buying up all the ad space for their niches. Makes …
Featured, Social Media »
So Much for the Lone-wolf Terrorist Driven by Foreclosure http://bit.ly/aD97jD #
Organization helping homeless squat in foreclosed homes: http://bit.ly/c7Uk8X #
FL and CA make up 5 of 13 housing markets that 'will never recover according to biz insider: http://bit.ly/aj1Cks #
POLL: U.S. consumers are less interested in buying a foreclosed home than they were a year ago http://bit.ly/bWTzqJ #
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Featured, Foreclosure news, Media & Politics »
According to a recent 60 Minutes episode an increasing amount of homeowners are ‘walking away’ from their homes and are headed down foreclosure alley- willingly. Apart from the more traditional foreclosure woes spurred by job loss, or illness these homeowners would rather foreclose due to underwater mortgages despite their ability to make payments.
In a separate Reuters article, underwater mortgages have increased from 21.4 percent in Q4 2009 to 23.3 percent in Q1 2010. In areas hard hit by foreclosure underwater homes account for more than 50% of all loans.
Interviewer Morley …
Featured, Foreclosure news, Media & Politics »
Over the last few years foreclosure and its distressing effects on the human psyche have been blamed for some unfortunate incidents and behaviors by homeowners. From the more recent bulldozing escapade by disgruntled owner Terry Hoskins to more bleak reports of suicide, foreclosures seem to have been pegged at the root of the problem.
The latest foreclosure blame-game report may be a stretch though. A recent opinion column in the Wall Street Journal implicates foreclosure as one of the causes for the recent attempted terror plot in New York City’s Time …
Featured, RealtyTrac »
According to a recent article published in the Los Angeles Times, an assistant economics professor identified a mysterious charge that stemmed from the foreclosure listings site, RealtyTrac. UCLA Assistant Professor Maria Casanova discovered a $44.95 charge eight months after she canceled her RealtyTrac subscription.
Only through further investigation involving her bank did Casanova discover the charge stemmed from the RealtyTrac registration, where she unwittingly hit an orange “continue” button. According to a RealtyTrac representative the continue button was for an additional product for a completely separate company, Real Estate Promoter.
The …
Featured, Real Estate & Economy, RealtyTrac »
Yet another economically depressing article has made its way into the media and with an aptly named title, “And Now For This Morning’s Gloom…” The article, written by Henry Blodget and published in The Business Insider on May 5, 2009 offers more insight into foreclosures, job loss, and the economy.
However, there was one noticeable red flag where there was a reference to an unlikely source when discussing the implications of foreclosures on job loss. The following is a snippet from the article:
“According to RealtyTrac, job losses result in …

