Repossessed Homes Links

NJ plan to turn foreclosed homes into affordable homes has potential - The Star-Ledger - NJ.com (blog)

The Star-Ledger - NJ.com (blog)

NJ plan to turn foreclosed homes into affordable homes has potential The Star-Ledger - NJ.com (blog) By Star-Ledger Editorial Board AP File PhotoSenate and Assembly Democrats today outlined a proposal to let towns purchase foreclosed homes and turn them into affordable housing. Vacant houses are the bad boys on the block: They inspire vandalism and ... Q&A: Sen. Ray Lesniak on plan to turn foreclosed homes into affordable housingNJ.com (blog) Explore the many options on housingVineland Daily Journal all 5 news articles »

Builders highlight often-hidden costs of buying a foreclosed home - Los Angeles Times

Bloomberg

Builders highlight often-hidden costs of buying a foreclosed home Los Angeles Times By Kenneth R. Harney Home builders are switching tactics and confronting head-on one of their biggest nemeses: foreclosed houses that not only lure buyers away with deeply discounted prices but simultaneously depress the appraisal values of newly built ... New US housing construction exceeds forecast in JanuarySteelGuru all 18 news articles »

Cleveland uses money for poor to raze foreclosed homes - USA TODAY

USA TODAY

Cleveland uses money for poor to raze foreclosed homes USA TODAY By Melanie Eversley, USA TODAY Funds intended for financially struggling families in Cleveland are instead being used to knock down vacant homes left in the wake of the foreclosure crisis, The Huffington Post reports. The Midwestern city has spent $60 ... and more »

Cleveland To Use National Mortgage Settlement Money To Demolish Homes, Sill ... - Huffington Post

Cleveland To Use National Mortgage Settlement Money To Demolish Homes, Sill ... Huffington Post Funds meant to help struggling families in Cleveland are instead being used to knock down vacant and dilapidated homes left in the wake of the foreclosure crisis that ravaged this midwestern city. Over the past five years, Cleveland has spent $60 ... and more »

Foreclosure deal may offer relief - Springfield News-Leader

Foreclosure deal may offer relief Springfield News-Leader Army veteran Larry Sturdevant knows what it's like to worry about losing a home to foreclosure. Sturdevant, 58, lives on West Walnut Street in Springfield and has been battling his bank for more than five years over a financial hardship mortgage ... Foreclosure crisis continues to weigh on US economyWorcester Telegram all 3 news articles »