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foreclosure cases and to ensure incoming cases meet state time standards. Due to space and resource capacity issues in the trial courts and given the official forecast, which projects that foreclosure filings will not return to normal until FY 2016/17, it is not feasible to dispose of the current backlog of foreclosure cases in a single year.
Hidden Backlog of Foreclosures Posted by Michael Shedlock at 3:42 AM Disclaimer: The content on this site is provided as general information only and should not be taken as investment advice. All site content, including advertisements, shall not be construed as a recommendation to buy or sell any security or financial instrument, or to participate in any particular trading or investment strategy.
HIDDEN SUPPLY. Emerging From the Shadows. Though the backlog of foreclosures has eased, a largely concealed inventory of properties makes some real estate pros uneasy about its effects on the housing recovery. PAGE 32 INVESTOR PULLBACK. Field Opens for Buyers. With investors pulling back, conventional home buyers are re-entering many markets.
Ever wonder where all those new Florida residents relocate from? Now we know Colorado added 77,059 residents the past year, bringing its total population to 5,607,154 as of July 1, according to estimates released Wednesday by the U.S. Census Bureau and reviewed by the.
Including foreclosures, pre-foreclosures, auctions, tax sales, FSBO, rent-to-own and distressed properties, many of these selling for pennies on the dollar! How-To Guides and Tutorials. It’s not enough to have access to great listings – investing in foreclosures requires know-how. Our essential guides will walk you through every step of the.
Waiting For Foreclosure : Planet Money Increasing numbers of foreclosures have created a backlog for lenders who are struggling to keep up. That backlog means many homeowners are still living in.
How do you buy a foreclosed home? Very carefully! Here's a reality check from a veteran Realtor. plus some must-dos if you decide to forge.
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But that also means that there is a hidden backlog of home loans in default that could end up in foreclosure. Moody’s Economy.com estimates that lenders will foreclose on 1.89 million homes in 2009, up from 1.43 million last year.