The latest foreclosure horror: the zombie title
The Kellers are caught up in a little-known horror of the U.S. housing bust: the zombie title. Six years in, thousands of homeowners are finding themselves legally liable for houses they didn't know they still owned after banks decided it wasn't worth their while to complete foreclosures on them. With impunity, banks have been walking away from foreclosures much the way some homeowners walked away from their mortgages when the housing market first crashed. [more inside]
posted by the man of twists and turns
on Jan 11, 2013 -
"The first thing that needs to happen, I think, is to get these people out of their homes," a man wearing a bespoke blue-striped shirt, a Hermés tie patterned with elephants and Ferragamo loafers said recently
. But, maybe Wall Street doesn't understand why foreclosure fraud is so dangerous to property rights
? And, the Obama administration doesn't understand why HAMP
has been a portrait in failure
for homeowners (in eight parts I
posted by ennui.bz
on Oct 15, 2010 -
Before they foreclose on your house why don't you get back at the bastards by stripping the place
. There are consequences
. "Lawyers who represent people facing foreclosure advise them that whatever's nailed down generally stays with the house."
posted by Xurando
on Sep 12, 2010 -
Ice House Detroit
is an architectural installation and social change project wherein photographer Gregory Holm and architect Matthew Radune have spent weeks spraying water on an empty Detroit home. [more inside]
posted by nevercalm
on Feb 2, 2010 -
Will States Respond to the Foreclosure Crisis?
Their headline is that 1 in 33 homeowners are projected to face foreclosure in the next two years. But I found the stat that neighboring homes will lose $356 billion in value a rather staggering number to swallow for those not facing the threat of foreclosure.
posted by jacobw
on Apr 17, 2008 -
Foreclosure Radar. This is the fastest growth market in real estate, and we can help you capitalize on it. We go far beyond simple foreclosure listings: we track every single foreclosure auction in the state, every day.
posted by chunking express
on Aug 14, 2007 -
from the 1989-1993 teen comedy series "Saved by the Bell," is hoping to sell enough T-shirts with his photo on them to try to raise $250,000 so he doesn't lose his gray two-story house under a foreclosure order.
posted by Guerilla
on Jun 17, 2006 -