Foreclosures category archives

Scam Alert: Bogus Grant Deeds on Abandoned Homes

By: Diane Tuman Content Manager | November 19, 2008

Law enforcement officials are trying hard to snuff out a foreclosure scam in San Diego, CA. According to today’s San Diego Tribune, a scam artist by the name of Maurice Simmons, identifies homes that are abandoned — usually due to foreclosure — then he files official-looking grant deeds with county recorder offices. The deeds […]

Elderly Ohio Couple Ducking Foreclosure… for Now

By: Diane Tuman Content Manager | November 17, 2008

(Photo by Scott Heckel / GateHouse News Service)
That’s Bette and William Hammen above, of North Canton, OH. They are 85 and 83 years old, respectively, and they were THISCLOSE to losing their home to foreclosure this morning, but a recent check of CantonRep.com shows the sheriff’s sale of the couple’s home was canceled. Whew.
Their story […]

Woman Chains Herself to Her Home

By: Diane Tuman Content Manager | October 28, 2008

It’s a sign of desperate times for homeowners facing foreclosure. According to San Diego news channel KFMB, a woman in Mira Mesa, CA, has chained herself to her home, determined to fight imminent eviction any way she can (watch this video). After living in this home for 19 years, she says, “We’re not going to […]

Stranger Saves Woman’s House from Foreclosure

By: Diane Tuman Content Manager | October 27, 2008

At a foreclosure action in Dallas, TX, a woman was about the lose her Pottsboro, TX home to foreclosure, but in a last-minute act of kindness, a complete stranger — a woman named Marilyn Mock who watched “Tracy” cry over the imminent loss of her home — stepped in and bought it at auction and […]

Michigan Woman Brightens Foreclosure With Her Paintbrush

By: Leslie Pandey Senior Content Writer/Editor | October 14, 2008

It’s easy to dismiss the foreclosure crisis as one big, sad mess that you can’t do much about. But instead of pooh-poohing the crisis, one Flint, Michigan woman is turning to Winnie the Pooh. (No, she’s not hitting the honey barrel.) Since August, 20-year-old Kristina Pringle has been painting Winnie the Pooh characters on the […]

Foreclosures and Their Trickle-Down Effect

By: Diane Tuman Content Manager | October 10, 2008

Watching foreclosure numbers and reading reports each month is like watching a slow-motion train wreck — it’s big, it’s slow, and it’s ugly. In the past year, 14.5% of all U.S. real estate transactions were by people buying foreclosed properties and the highest percentage belonged to those in California, specifically, Stockton, Merced, Salinas, Madera and […]

Watch What Happens to a Foreclosed Home

By: Diane Tuman Content Manager | October 3, 2008

Set aside 12 minutes to watch what happens to a Southern California house in Riverside, CA, when a family is forced out due to foreclosure. I can guarantee — you will be depressed.
See more Riverside, CA Foreclosures
Hat tip: Inman Blog

Foreclosed Homes Being Stripped of Innards

By: Diane Tuman Content Manager | July 22, 2008

Police in Atlanta are seeing the effects of homes vacated by owners due to foreclosure: the insides are being gutted by thieves who rip out copper piping, water heaters, air conditioning units, stoves, refrigerators, cabinets, the kitchen sink, and even toilets.
Affluent Atlanta neighborhoods are now being targeted with thieves being seen carrying full bags full […]

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