COEUR D’ALENE, Idaho — An Arizona developer and the owner of a California car dealership are fighting over high-end appliances and hundreds of other items removed from an 11,000-square-foot luxury home in northern Idaho just before a foreclosure sale. The ...Read More »
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Foreclosure activity in the Charlotte area market is down significantly across the board. A new RealtyTrac report shows filings for combined default notices, scheduled auctions and bank repossessions were down 10.83 percent in April from the previous month and down ...
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Charlotte’s foreclosure inventory continued its decline in March, accounting for 1.2 percent of all Charlotte-Concord-Gastonia homes, according to CoreLogic. In February, CoreLogic reported that Charlotte homes in the foreclosure process measured 1.28 percent of all homes with an outstanding loan. ...Read More »
Though the wave of foreclosures brought on by the recent recession is ebbing, a recent uptick in Mecklenburg County’s unemployment rate to 6.9 percent in January may put some challenged homeowners on the edge of falling behind on their mortgage ...Read More »
The percentage of mortgaged Charlotte-area homes that were in the foreclosure process dropped by about 44 percent from December 2012 to December 2013. The foreclosure inventory at year’s end was 1.5 percent of all homes with a mortgage, down from ...Read More »
A new Homeowner's Bill of Rights, SB 321, aims to eliminate the runaround some homeowners got from banks by requiring lenders to assign homeowners a single person to contact. It bans dual-tracking, in which a bank pursues a foreclosure at the same time a homeowner is working on a short sale. And it eliminates "arm's length" rules, in which banks barred people from buying distressed properties from their relatives or other close associates.Read More »