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Newbury St Boston Foreclosure Auction
A prime piece of Boston real estate on the swankiest end of Newbury Street is headed for the auction block. The property at 4-6 Newbury St., which includes a 160-car garage and first-floor retail space across from the Taj Boston Hotel, faces foreclosure, because its owner defaulted on the mortgage, according to a legal notice published yesterday. [...]
Massachusetts Foreclosure Crisis Could be Bigger Than Initially Thought
For anyone thinking the worst of the foreclosure crisis is behind us, wake up and smell the coffee. Or better yet, take a look at some of the numbers Amherst Securities’ Laurie Goodman is crunching. Goodman, who took part in a panel discussion on the real estate market I moderated last week at the InterContinental [...]
Melrose Massachusetts Foreclosures Rise More Than 100%
In October for the first time this year, Massachusetts foreclosure rates are down compared to last year, but in Melrose the number of completed foreclosures year-to-date are much higher than last year, according the latest figures from The Warren Group. While the 557 completed foreclosures statewide last month was down 39 percent from the 914 [...]
Massachusetts Foreclosure Auctions Continue at Record Rate
The owner of a modest three-bedroom house on Beachview Avenue saw her long struggle to save her home end in a devastating 15 minutes. That’s all the time it took one recent afternoon to complete the foreclosure auction, one of thousands happening on the lawns and sidewalks of Massachusetts homes at a rate of about [...]
Foreclosure Paperwork May Have Caused Additional Problems
As some of the nation’s largest lenders have conceded that their foreclosure procedures might have been improperly handled, lawsuits have revealed myriad missteps in crucial documents. The flawed practices that GMAC Mortgage, JPMorgan Chase and Bank of America have recently begun investigating are so prevalent, lawyers and legal experts say, that additional lenders and loan [...]
Best Boston Foreclosure Flip?
Boston Properties Inc. now owns the two tallest buildings in Boston’s Back Bay. The real estate firm said it has bought the John Hancock Tower for $930 million after a fierce bidding war over the signature tower. Boston Properties already owns the neighboring Prudential building. The deal further strengthens the firm’s hold on the Back [...]
Massachusetts Foreclosures Reviewed Following Errors
The state’s top bank regulators said yesterday that they plan to scrutinize the foreclosures made by major national mortgage lenders in Massachusetts, following mounting reports of errors in such proceedings across the country. Barbara Anthony, undersecretary of the Office of Consumer Affairs and Business Regulation, said the state will examine procedures to make sure lenders [...]
New Massachusetts Foreclosure Protection Law Signed into Force
Massachusetts homeowners facing foreclosure and tenants in foreclosed apartment buildings will get extra protections under a bill signed into law Saturday by Gov. Deval Patrick. Patrick signed the law at a single family home in Brockton that was foreclosed on but then rehabilitated by a local affordable housing agency and placed on the market. “Even [...]
Increasing Foreclosures in Mass Starting to Strain Economy
Many economists say the U.S. won’t fully recover from the recession until the housing market recovers. But the number of homeowners facing foreclosure continues to rise. And as NPR’s Anthony Brooks reports, the foreclosure crisis is now deepening in states like Massachusetts, places that were initially spared the worst of the real estate collapse. ANTHONY [...]
Worcester County Massachusetts Foreclosure in Warren MA
Shamrock Dr Warren, MA 01083 3 Bd | 1 Ba | 2,304 Sq. Ft. | Single Family Foreclosure Status: Foreclosure Auction (NFS) County Worcester County Type Single Family Residence Beds 3 Baths 1 Square Feet 2304 Lot Size 18100 County Worcester CountyType Single Family ResidenceBeds 3Baths 1Square Feet 2304Lot Size 18100 County Worcester County Type [...]