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loss prevention: Foreclosure Sales down for Quarter 2 - 09/30/10 01:57 PM
According to an Inman News Report foreclosure sales (properties that are purchased either already bank owned OR have already started the foreclosure process and need lender approval) have dropped 4.9% from Quarter 1 and over 20% from the same quarter last year. 
Is that a sign that we are on the mend?????? Not quite yet.  The numbers showed a decline due to the total number of sales jumping so much in the 2nd quarter due to the impending expiration of the tax credit.  Many more thousands of units sold which put the numbers of foreclosure sales as a smaller percentage.
Massachusetts … (2 comments)

loss prevention: Taunton MA Foreclosure Deficiency - 07/26/10 02:47 PM
Many states allow lenders to chase you down for the deficiency balance after they foreclose on  your home.  Knowing whether they can come after you and if they are more than likely to do so, may change your mind on what to do with your home if your are upside down.  For a more in-depth guide on the process in Massachusetts please click on Help ME AVOID FORECLOSURE
The following is a list of states and there laws on deficiency judgements on foreclosures.  Please do not use this as a SOLE reference or construe it as legal advice.
 
 
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Bobbie Files Realtor® Berkley, Greater Taunton Homes for Sale

Taunton, MA

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Keller Williams Realty

Address: 574 Washington Street, South Easton, MA, 02375

Office Phone: (508) 238-5000 x 296

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