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Foreclosures in Massachusetts Show No Signs of Abating
The number of Bay State foreclosures started by lenders fell in June, but finished foreclosures more than doubled from a year ago, according to a Boston-based real estate tracker. “The foreclosure picture in Massachusetts hasn’t really improved that much,” said Timothy Warren, head of the Warren Group. Lenders filed 2,220 petitions to foreclose – the [...]
Avon Massachusetts Foreclosure Auction: JULY 29, 2010 – 10:00 A.M.
151 E. High Street Avon, MA. 02322 This is a 6 room, 2 bedroom, 1 bath home There are 1,008 sf of living area and the lot is 2,295 sf. The home was built in 1920 and has vinyl siding. There is a wood deck and an unfinished basement. Features • 1 Family • 2 Bedrooms • [...]
Massachusetts Near Top of New England Foreclosures
OK, we will never catch up to Nevada, the foreclosure capital of the world. But Massachusetts has one of the highest levels of foreclosure activity of any state in the Northeast, with numbers close to those of considerably larger states like New York and Pennsylvania. I took another look at the latest foreclosure numbers RealtyTrac [...]
Downtown Boston Foreclosures along Rose Kennedy Greenway Increasing
A second-floor condominium in a luxury building just off the Rose Fitzgerald Kennedy Greenway boasts a gourmet kitchen, golden-colored polished concrete floors, and spectacular views of Boston Harbor. This spring, it gained an undesirable distinction: The 2,600-square-foot condo went into foreclosure. In fact, half of the units at Greenway Place, a newly renovated 12-unit, eight-story [...]
1 Million Homes to Be Repossessed in 2010!
The national foreclosure numbers continue to bounce around a bit, rising here, falling there, but at a very high level. However, the days of letting troubled homeowners sit in limbo for months or years are long gone. Banks are moving to seize homes and then unload them on the real estate market. Of course, the [...]
House Foreclosures sell at 30% discount Nationally
Foreclosures accounted for a third of all sales — and sold at a nearly 30% discount — during the first three months of 2010. According to a new report from RealtyTrac, the marketer of foreclosed properties, 31% of all sales were foreclosures. And homebuyers purchasing those properties paid a whopping 27% less, on average, compared [...]
Massachusetts Foreclosure Petitions Decline Year Over Year and Month Over Month
Lenders initiated fewer foreclosures in Massachusetts in May than they did a year ago and in the prior month, according to a new report from The Warren Group, publisher of Banker & Tradesman. Foreclosures petitions, which mark the first step in the foreclosure process in the Bay State, fell 9.4 percent to 2,110 from 2,329 in [...]
Boston Foreclosure Scams Targeted in New Initiative
Homeowners struggling to make mortgage payments beware: Some people promising help just want to grab your scarce dollars. That is the key message of a campaign launched in Massachusetts on Monday to alert homeowners to the proliferation of loan modification schemes nationwide. The campaign, backed by local, state, and federal agencies, urges owners not to [...]
Massachusetts Gas and Convenience Store Foreclosure Auctions
Tranzon Auction Properties, with corporate offices in Portland, Maine, announced today that it has been engaged by TD Bank to market and auction 16 gas and convenience stores stretching from Southern New Hampshire to South-Eastern Massachusetts. “We’re marketing these properties locally, regionally and nationally to alert interested parties of the sales scheduled to start on June 21st and run [...]
Foreclosure Auction at 36 Plain Street, Middleboro, MA
Foreclosure Auction at 36 Plain Street, Middleboro, MA Got Space? Got Land? Got Privacy? You will if you move here! Fantastic North Middleboro location. This house has it all. Perfect for extended family living. Farmers Porch, Master bath features Steam Bath and Jacuzzi Tub. Huge bonus room over garage w/reinforced beams will keep everyone entertained. 2 [...]