Hard Times Hit Addison: June Foreclosures

By
Real Estate Agent with United Real Estate TX #0552717

Addison, Texas has survived these difficult economic times better than most communities.Foreclosure Auction  However, the June foreclosure postings at the Dallas County courthouse show 7 Addison homes on the list.

These homes span the following subdivisions:

  • Townhomes of Addison (Townhouse)
  • Brookhaven Townhomes (Condo)
  • Grand Addison (Single Family Residential)
  • Westfield Court (Single Family Residential)
  • Midway Meadows (Single Family Residential)
  • Townhomes of District A (Condo)
  • Towne Lake (Townhouse)

In the past, there have never been this many homes on the foreclosure list in any one month period. Let's hope these owners are in the process of working out loan modifications with their lenders and payment plans with their homeowner associations, where applicable.

Posted by

Lorrie Semler, e-PRO, GRI, SRES, CPRES, CRS
Addison Resident/Addison Specialist                                                      Subscribe Button
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United Real Estate
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Ambassador
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Steve Shatsky
Dallas, TX

Sadly, even Addision seems to be feeling the impact of foreclosure madness.  I wonder how many of those properties had pursued a short sale.

May 12, 2009 05:43 AM #1
Rainmaker
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Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417
United Real Estate - Addison, TX
Real Service. Real Results. Real Estate

I know the one in my neighborhood did not.  It's been on and off the foreclosure list multiple times in the past year.

May 12, 2009 07:01 AM #2
Rainmaker
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Ricki Eichler McCallum
CastNet Realty - Corpus Christi, TX
Broker,GRI,ABR, e-Pro, TAHS

How sad for everyone that loses a home.

May 12, 2009 12:43 PM #3
Ambassador
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Steve Shatsky
Dallas, TX

I just hate to see anyone get foreclosued on without exploring every alternative or option before it gets to that point.

May 15, 2009 06:47 PM #4
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Rainmaker
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Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417

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