Foreclosure Auctions
Mansfield Massachusetts Home Foreclosed | Habitat For Humanity Home Foreclosure
MANSFIELD — Richland County Habitat for Humanity recently filed for foreclosure against a woman who has lived in a Habitat home at 72 Greenwood Ave. since 1994. Doris M. Nabors voluntarily agreed to work with Habitat to allow the house to be sold at sheriff’s sale, so the nonprofit can recover the less than $10,000 [...]
Local Foreclosure Auctions Coming Up for Connecticut, New Hampshire and New York
Discounted foreclosures crowding the housing market continue to drive down home prices and entice buyers off the sidelines. According to the National Association of Realtors (NAR), distressed property sales, including foreclosures and short sales, accounted for 30% of home sales in the third quarter of 2009. America’s leading real estate-owned (REO) auction firm, Hudson & [...]
Bus tour highlights effects of foreclosures in Brockton Massachusetts
People here say they feel helpless and trapped. There have been more than 1500 foreclosures here in the past five years – some of it questionable lending practices – and there was anger tonight against banks. Most people are looking to find a way out. The bus says “All Occasions” and this one is a [...]
Polaroid Foreclosure Auction in Massachusetts Fails to Draw Bids
The future of a proposed $500 million development at the former Polaroid Corp. headquarters in Waltham remains murky after a foreclosure auction Friday failed to garner any acceptable bids on the property. The auction was held by Helaba, the German bank that holds the first mortgage on the property. Helaba itself ended up buying the [...]
WBUR Report on Massachusetts Foreclosures and Massachusetts Foreclosure Auctions
Jon Davis handles 10 percent of the state’s foreclosure auctions. The Marshfield lawyer has been watching these auctions migrate from places such as Dorchester and Lowell. “Now you’ll see them in the Sudburys, the Hinghams and the Westons,” Davis said, “where you wouldn’t have in the past expected to see foreclosures.” The reason for these [...]
North Shore Music Theatre Foreclosure Sale Results
BEVERLY, MASS. – Gone, in less than two hours. Well, sort of. In today’s 1 p.m. auction of the North Shore Music Theatre on Dunham Road in Beverly, Citizens Bank, the holder of the primary mortgage on the property, was the winning bidder, so to speak. So, essentially, nothing has changed. In a process that [...]
North Shore Music Theatre Foreclosure Auction – October 2, 2009
BEVERLY — The high bidder for the North Shore Music Theatre could be anyone from an artistic company intent on reviving the theater to a bank looking to recoup its money, according to people interested in the property’s future. The theater’s fate will be determined Thursday, when a foreclosure auction is scheduled for 1 p.m. [...]
Massachusetts Foreclosures Invalid?
Richard D. Vetstein, today, he explains a legal case regarding foreclosure: In late March of this year in the case of U.S. Bank v. Ibanez, Massachusetts Land Court Judge Keith C. Long issued one of the most controversial rulings in recent years which has called into question hundreds if not thousands of foreclosure titles across [...]
North Shore Music Theatre Foreclosure Auction – October 1, 2009
North Shore Music Theatre closed in June due to mounting financial problems. David Fellows, chairman of the NSMT Board of Trustees said the board of trustees has turned the property and assets over to Citizens Bank, which is in the process of foreclosing on the theater’s two mortgages, which total about $5.2 million. The theater [...]
Massachusetts Foreclosure Auction for Abbey Grill and Great Hall Dates
The auction for the foreclosed bank owned Abbey Grill and Great Hall in Fall River, Massachusetts has been scheduled on August 20. This is the third auction date that Millennium bcpbank, the holder of the property’s mortgage, has set for Abbey Grill and Great Hall. The first two dates were set in March and May. [...]