help buying a foreclosure
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 [...]
Banks, collection firms pursue claims after homes foreclosed
Hank Lane figured that when he lost his Groton home to foreclosure in 2008, at least his long-running financial nightmare had come to an end. He was wrong. The $550,000 that Lane’s home fetched at auction covered most of his $650,000 first mortgage, but none of his $200,000 second mortgage – and the second lender [...]
Buying a Massachusetts Foreclosure Property
Thinking of buying a home? Act before year’s end and you just might be able to make the most of the glut of foreclosed properties currently up for sale. That’s because, while banks traditionally have been unwilling to come down on the list prices of foreclosed properties, a year-end push to clear their books of [...]
Massachusetts Foreclosure and Subprime Mortgage Crisis
BOSTON — Where were Massachusetts banking regulators as the subprime mortgage crisis exploded all around them? An investigation by the New England Center for Investigative Reporting found Massachusetts lags far behind other New England states in the number of serious disciplinary actions against mortgage brokers. Jaime Alvarez has the face of a trusting man. The [...]
Lists of Massachusetts Foreclosures
Every week, the Warren Group releases a Massachusetts foreclosures report for each county in Massachusetts as well as in Rhode Island, New Hampshire and Connecticut. This week, there were 51 petitions and lis pendens, 1 auction, and 2 bank owned / REOs. There were 10 petitions and lis pendens in Revere, 3 in Chelsea, and [...]
Boston Foreclosure Crisis Changes Housing Market
NECN published a story on Massachusetts Foreclosures recently. The video is embedded below. If you’re selling or buying a home, chances are you’ve noticed a change. In Massachusetts, that change is big. Esmerelda Thornton is a homeowner counselor at the Neighborworks center of Worcester. Her job is to help people facing foreclosure and first-time homeowners [...]
Buying a Foreclosure is Possible in a Down Housing Market
Jay Hummer, executive vice president of Re/Max of New England in Natick, wrote a really great article on buying a home in today’s economy. I’ve reproduced it in its entirety here, because I think its very interesting. While there is no overnight fix for the residential housing market, there are encouraging signs that the second [...]
Boston Beacon Hill Foreclosure | Foreclosure For Sale in Beacon Hill Boston
It’s rare that a foreclosure becomes available in Beacon Hill. There are many foreclosures in Boston but it’s highly unusual to see a foreclosure in such an affluent neighborhood. According to Charlesgate Realty’s listing, a developer ran out of money while gut renovating this single family townhome in Beacon Hill. This is a 3 level building [...]
Buy Foreclosures With No Money Down
Buy Foreclosures With No Money Down You’ve found the perfect foreclosure property to invest in. However, the problem is you don’t have enough saved for the down payment on the financing. You don’t want to miss the opportunity to purchase the property, so you must come up with some creative ways to make the down [...]
Buying A Foreclosure Through Bank Foreclosures
Buying A Foreclosure Through Bank Foreclosures You have decided to purchase a home through a foreclosure sale. One of the best ways is through bank foreclosures. Bank foreclosures are simply the homes and properties the bank has taken back from the original purchaser through foreclosure. The owners of the property have fallen behind in their [...]