Massachusetts Foreclosure Auctions
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 [...]
Massachusetts Foreclosure Sales Could Be Invalidated
A Massachusetts Land Court justice’s ruling today puts into question the ownership of hundreds — and possibly thousands — of foreclosed properties in the state. Justice Keith C. Long affirmed his own March decision that invalidated foreclosure proceedings involving two Springfield homes because the lenders did not hold clear titles to the properties at 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 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 [...]
Massachusetts Foreclosure Data and Michigan Foreclosure Data | Massachusetts Foreclosure Charts and Michigan Foreclosure Charts
Real estate research firm Lender Processing Services has released an interesting look at the impact of foreclosure sales on home prices on a state-by-state basis. “REO sales account for as much as 60 percent of housing activity in some states,” Nima Nattagh, Ph.D., of LPS Applied Analytics, said in a press release. “Our study contains [...]
Harvard MBA Students Support Fight Against Massachusetts Foreclosure
The Homeownership Preservation Foundation (HPF) today announced that it was teaming up with students at Harvard Business School (HBS) to support the Foundation’s mission of preventing foreclosure and preserving homeownership. Beginning in the fall semester, students of the class of 2010 will work alongside the Homeownership Preservation Foundation in several independent field studies aimed at [...]
Wayland, MA Foreclosures, Weston, MA Foreclosures, Wellesley, MA Foreclosures
The foreclosure crisis has crept from the state’s most vulnerable towns, where people used subprime loans to buy homes they couldn’t afford, to some of Boston’s most affluent suburbs. No ZIP code has proved untouchable. The number of foreclosure petitions filed in the first half of this year is up in Dover, Duxbury, Harvard, Hingham, [...]
Worcester Massachusetts Foreclosure Auction Listings
Foreclosure Auction 15 Fitchburg Rd, Ashburnham, MA Brandy Goulkin Mxu Res+Com $256,600 07/22/2009 Foreclosure Auction 17 S High St, Ashburnham, MA Mark S Houle 1-Fam Res $196,600 07/24/2009 Foreclosure Auction 117 Sherbert Rd, Ashburnham, MA Peter R Blanchard 1-Fam Res $198,100 07/30/2009 Foreclosure Auction 1397 Pleasant St, Athol, MA Mark A Moseley 1-Fam Res $213,700 [...]