Making sense of contradictory foreclosure numbers - San Francisco Chronicle

KATU Making sense of contradictory foreclosure numbers San Francisco Chronicle, USA - 17 hours ago This week I received two press releases from two competing foreclosure companies that had me head-scratching like an ungroomed bonobo. … State's foreclosure rate appears to be trending down Waterbury Republican American US foreclosure filings, bank seizures surge Globe and Mail Nassau County's foreclosure filings rise 113% Newsday Bolingbrook Sun - Bizjournals.com all 738 news articles more…

Pre-foreclosures are very different from their similarly named and substantially more famous counterparts, the regular foreclosure. Preforeclosures are properties where the owner has defaulted on their loan and the bank has taken steps to reclaim the property. There are many different stages in the pre-foreclosure process and some begin even before the seller misses the first payment. Some may included properties that are set for courthouse sale next week while other are simply homeowners in a more…

Tags: foreclosure, home equity loan