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Are apartment blocks good investments again'

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Improvements in entry level employment are good for apartment renters too As things get gradually better, will they still continue renting' In an uplifting trend in a sometimes still dismal American property market, there has been a recent surge of interest in renting apartments. While takers still mainly comprise families forced out of their houses by unsympathetic mortgage lenders, new entrants increasingly include young adults with their first jobs thanks to the firming bottom... Read more

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Nevada county officials put the squeeze on untidy property owners

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America agrees that banks must tidy up their foreclosed properties But, what is the best approach to achieve this' Nevada county officials put the squeeze on untidy property owners Local Government officials are getting tougher across the Nevada Valley as both banks and property owners ignore legitimate requests to tidy up their yards, and sell their houses before they become derelict. Clark County now fines delinquents $1,000 when they fail to submit a rehabilitation plan. North... Read more

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Hot News on Georgia Property Auctions

From SuperSmartWebProfits.com Blog!, 2 days ago, Read 0 times. Similar articles

Two big Georgia sales today Two more tomorrow too The auction sale at Georgia International Convention Center on Saturday was a busy affair that kept the auctioneers smiling. The 335 interested parties present, together with an undisclosed number of on-line and mobile phone bidders, purchased 128 repossessed properties at an average price of $46,095, spending $5.9 million in total in the process. This brings the total spend for 2010 at Georgia foreclosure auctions to $70... Read more

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A new breed of embattled Americans finds ways to keep their homes

From SuperSmartWebProfits.com Blog!, 5 days ago, Read 0 times. Similar articles

What is the problem with renting our spare space at home' As the threat of foreclosures looms, some American families are resorting to variations of house-share that cover the costs of their mortgages, and keep their homes. While exposing their privacy to strangers may have given them second thoughts, they are getting used to the idea of that, and of keeping their homes too. Some underwater American families have found the idea of a bed and breakfast appealing. A few dry interior... Read more

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Massachusetts homeowners continue to face a rough ride

From SuperSmartWebProfits.com Blog!, 6 days ago, Read 0 times. Similar articles

Foreclosures rise gain Petitions are down. Which way will the Massachusetts property market trend' Despite claims to the contrary, business in the foreclosure departments of major banks is brisk, at least if what has been happening recently in Massachusetts is anything to go by. Lenders seized over 1,300 family residences in the Bay State during June just past, and, in fact, the number taken every month but one this year has exceeded 1,000. The total number of Massachusetts... Read more

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Underwater borrowers improve their bargaining positions

From SuperSmartWebProfits.com Blog!, 1 weeks ago, Read 0 times. Similar articles

Not all bank staff fully understand the rules for modifications This results in unfavorable decisions for their customers Latest software aims to improve this situation As the battle between President Obama in Washington and the big four American banks continues over what to do with the nation's underwater mortgage borrowers, there are those who publicly accuse the banks of using their corporate brain to out-maneuver the other two parties in the interests of their cash flows.... Read more

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Memphis, Tennessee is suing Wells Fargo bank

From SuperSmartWebProfits.com Blog!, 1 weeks ago, Read 0 times. Similar articles

Statistics tell a tale of racially-based misfortune The bank says it's just not true We've heard it all before, says Memphis Memphis, Tennessee has fired a shot across the bows of Wells Fargo bank, claiming that dodgy lending practices have cost its citizens, and its coffers money that the bank ought to return. Although this type of action is still relatively new, could it herald a return to pioneer days when good citizens banded together and drove the baddies out of town' The... Read more

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Foreclosures are becoming popular with homeowner's associations

From SuperSmartWebProfits.com Blog!, 1 weeks ago, Read 0 times. Similar articles

Homeowner's associations are getting tougher about dues … … and are beating banks to the courthouse steps as well Just as Washington seems to be getting a handle on bank foreclosures, a second problem has popped up like a leaking Gulf oil well ? homeowner's association repossessions. Whereas previously these associations of usually like-minded people generally managed to get on with each other and sort out problems as they arose, these days patience seems to be running... Read more

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Better News for California in June

From SuperSmartWebProfits.com Blog!, 1 weeks ago, Read 0 times. Similar articles

The property market is improving in parts of California Do we have HAMP to thank' Alternatively, are the banks playing a waiting game' Further good news for embattled households in California is that foreclosures in the Southwest and Riverside Counties, and San Diego too, were down in June 2010 to levels not seen since 2008 when the State imposed a moratorium. Short sales and other federal programs appear to be finally kicking in. Latest statistics confirm a slow-down in default... Read more

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New York State and Six Unions wave Sticks at Four Banks

From SuperSmartWebProfits.com Blog!, 1 weeks ago, Read 0 times. Similar articles

A letter has been sent to four banks regarding loan modifications This time there's no carrot, just a concealed stick Increasingly frustrated by the failure of the Obama administration and various other pressure groups to meaningfully influence the rate of foreclosures by banks across America, New York State administrator John Liu has teamed with six large trade unions in an attempt to change that reality. This time, though, the banks will be faced with sticks, not carrots. The... Read more

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