McKinney Foreclosure Intervention

May 17, 2009 by Jenna_blog · Leave a Comment
Filed under: Collin County, Foreclosures, McKinney, Real Estate, Texas News

Are you receiving the assistance for foreclosure intervention as intended through the Hope for Homeowners program? Is the agency providing “start to finish” work or is the homeowner being left to finish the job?

There have been 77,000 new foreclosures in 2009 thus far. It is projected by the Center for Responsible Lending that there will be 2.4 million foreclosures by the end of 2009 and 9 million within the next 4 years. In a Subcommittee hearing on Â‘The Role of NeighborWorks and Housing Counseling Intermediaries in Preventing Foreclosures’ held May 13, 2009, Representative Emanuel Cleaver (MO) stated that this is the “most significantly depressed moment in US history - financially - since October 1929. This is the great recession.” He also pointed out that with the rising unemployment, foreclosures will continue to be a problem.

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Dallas foreclosure auction buyers finding bargains

May 13, 2009 by Jenna_blog · Leave a Comment
Filed under: Dallas County, Dallas News, Foreclosures, North Dallas Cities, Real Estate, Texas News

By STEVE BROWN / The Dallas Morning News

Buyers of foreclosed properties are getting big bargains, according to a new report.

Properties bought at foreclosure auctions in North and Central Texas sold for an average of 64 cents on the dollar, according to a new report by Addison-based Foreclosure Listing Service.

Still, not many consumers are buying those properties on the courthouse steps. Most are third-party buyers or lenders.

In Dallas County this month, only 36 of the more than 700 properties sold at foreclosure auction went to outside buyers. In Tarrant County, it was 29 out of 521.

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Dallas Fort Worth Foreclosures Scheduled for Auction

October 25, 2008 by Jenna_blog · Leave a Comment
Filed under: Dallas County, Foreclosures

Residential properties scheduled for foreclosure auction in November by county and the change from a year ago.

CountyÂ Â Â Â Â Â Â Â Â Â Â PostingsÂ Â Â Â Â Â Â Â Â Â Â Change

DallasÂ Â Â Â Â Â Â Â Â Â Â Â Â 1,925Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â -5%
TarrantÂ Â Â Â Â Â Â Â Â Â Â 1,348Â Â Â Â Â Â Â Â Â Â Â Â Â +7%
CollinÂ Â Â Â Â Â Â Â Â Â Â Â Â Â 551Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â +12%
DentonÂ Â Â Â Â Â Â Â Â Â Â 445Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â -1%
D-FW areaÂ Â Â Â Â Â 4,269Â Â Â Â Â Â Â Â Â Â Â Â +1%

SOURCE: Foreclosure Listing Service

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Dallas-Fort Worth home foreclosures rise 1%

October 25, 2008 by Jenna_blog · Leave a Comment
Filed under: Dallas County, Foreclosures, Tarrant County, Uncategorized

Home foreclosures in the Dallas-Fort Worth area edged up 1 percent from a year ago in the latest measure of owners facing forced sale. More than 4,200 homes in the area are scheduled for foreclosure sale in November, according to statistics released Thursday by Foreclosure Listing Service.

Full Story on DallasNews.com

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Dallas-Fort Worth Foreclosures

October 25, 2008 by Jenna_blog · Leave a Comment
Filed under: Dallas County, Foreclosures

There were nearly 11,000 foreclosures in the Dallas-Fort Worth area during the first half of 2008, mostly in southern and eastern Dallas County, according to data from Foreclosure Listing Service.

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