Massachusetts Foreclosure Auctions
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 • [...]
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 Auction Today! Renaissance Boston Waterfront Hotel
March 27, 2010 — $1M Foreclosed Weston MA House Among 60+ Foreclosures to be Auctioned Saturday 9:30 AM at Renaissance Boston Waterfront Hotel by REDC Irvine, Calif. — A $1M foreclosed Weston, Mass. house is among 60+ foreclosures that will be auctioned Saturday March 27 at Renaissance Boston Waterfront Hotel by Real Estate Disposition, the [...]
Marriott at Dorchester’s South Bay Mall Facing Foreclosure
The 164-room Courtyard by Marriott, next to South Bay in Dorchester, is set for a foreclosure auction next month. GE Business Financial Services Inc. is foreclosing on the 5-year-old hotel and an adjacent unfinished restaurant building after owner Jiten Hotel Management Inc. defaulted on a $16.2 million mortgage. “The loan matured, and they didn’t pay [...]
Nantucket, MA, Concord, MA, Weston, MA, and Winchester, MA Foreclosures are Increasing 3X, or 4X
The state’s foreclosure crisis, which has largely battered lower cost cities like Worcester, Springfield, and Lynn, is slowly creeping into the state’s tonier towns, reflecting a tough financial year for even some of Massachusetts’ wealthiest residents. Affluent towns including Nantucket, Concord, Weston, and Winchester, saw triple or quadruple digit percent increases in foreclosure deeds during [...]
October Warren Report on Massachusetts Foreclosures
Statistics regarding foreclosures in Massachusetts for the month of October were a mixed bag of news, according to Timothy M. Warren Jr., CEO of The Warren Group. According to the latest report released by the Warren Group, a provider of real estate data in New England, foreclosures in Massachusetts rose nearly 30 percent in October [...]
More Massachusetts Foreclosures for 2010
Looks like the foreclosure mess won’t be going away anytime soon. Just as all the hoopla over the extension of the home buyer tax credit starts to fade, along comes the The Mortgage Bankers Association to bring the market back to reality. One in seven loans is now in foreclosure, up from one in ten [...]
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 [...]
Late Leap in Massachusetts Foreclosure Rates
The Bay State may not be a national leader when it comes to the foreclosure epidemic. That honor still rests with such boomtown states gone bust as Nevada, Arizona and California. That’s the good news. But let’s not get smug here. The latest numbers from RealtyTrac are out, and they don’t look good for Massachusetts. [...]