Facing foreclosure / Banks may not want your home, but some unscrupulous foreclosure rescue companies might (Standard-Examiner)

Facing foreclosure / Banks may not want your home, but some unscrupulous foreclosure rescue companies might (Standard-Examiner)
OGDEN — In bankruptcy and worried about the possibility of losing his home to foreclosure, Ron Chavez turned to a company that agreed to assume his mortgage, rent the home back to him, and restructure payments in a way that would allow him to keep ownership.
Source: www.standard.net

Open Question: A new house for my father?
Ok well were selling our house and we were looking at a house that he likes but thinks is a little pricey.They are asking 189,900 and it was a foreclosure house that somebody bought and fixed up.They paid 159,900 for it and probably put 5,000 to 8,000 into it.It has been on the market for about 3 months with no offers.Do you think they would take 175,000 for it?Considering the housing slum were in?
Source: _http

Workshop rescues some homeowners facing foreclosure (The Tennessean)
Like others in the small audience, Bettye Bond walked in with a worried look on her face and a notebook in her hand. She scribbled notes for the next two hours and left smiling about her new plan to prevent foreclosure. "This is like a godsend," Bond said. For the last 20 years, the non-profit Neighborhood Assistance Corporation of America has helped hundreds of thousands of people avoid …
Source: www.tennessean.com

Facing foreclosure: Son’s medical bills forced retiree to stop payments on mortgage (Lawrence Journal-World)
Two years ago, Carol Alvarez was forced out of her home when it was heavily damaged by fire. Now, she is being forced out again, this time, because of foreclosure. She’s seven months behind on payments. “It’s hopeless. It’s totally hopeless, and I know that,” the 63-year-old retired Lawrence school teacher said. Alvarez blames her financial problems on her adult son’s medical bills.
Source: www2.ljworld.com

Open Question: Can you sell your house with bad credit? ?
I am not in foreclosure I pay my mortgage on time every month. I am thinking of selling my house. But I also want to buy another house. Now does your credit score effect that. If you have enough for a down payment and closing after selling your old home.
Source: _http

Foreclosure prevention workshop to be held today at Revere High (The Daily Item)
REVERE - Homeowners facing foreclosure or fearful of facing it can meet today with lending company representatives from 10 a.m. to 4 p.m. at Revere High School.
Source: www.itemlive.com

Audience learns how to fend off foreclosure (The Tennessean)
Like others in the small audience, Bettye Bond walked in with a worried look on her face and a notebook in her hand. She scribbled notes for the next two hours and left smiling about her new plan to prevent foreclosure.
Source: www.tennessean.com

New law stalls foreclosure filings (Los Angeles Times)
A new state law requiring lenders to contact homeowners before foreclosure filings led to a dramatic drop in foreclosure activity in California in September, according to the website ForeclosureRadar.com. The effect of the state law is so dramatic, the website says, that it will make monthly foreclosure statistics worthless as barometers of housing market conditions.
Source: www.latimes.com

Homeowners flock to foreclosure prevention fair (Los Angeles Daily News)
For a few hours on Oct. 11, a long line of despair and hope defined the scope of the current foreclosure crisis. The line began inside the Braude Constituent Service Center on Van Nuys Boulevard and stretched south for more than a block, despair giving way to hope as the line inched forward.
Source: www.dailynews.com