Sentence examples for has a foreclosure from inspiring English sources
"Every single one, practically, has a foreclosure in it," Amy told me.
One in 71 homes in Cape Coral's Lee County has a foreclosure filing, and nearly half the mortgages on recently purchased houses in the area are under water.Now repo companies are the ones doing the booming.
Riverside, Calif., has a foreclosure rate of 3.8%, and Detroit has a foreclosure rate of 4.9%.
By contrast, Seattle, has a foreclosure rate of 0.4%, and Austin, Texas, has a rate of 0.8%, two figures which are within a healthy range for foreclosures, as all markets, at all times, have them.
He sends out letters — 1,700 in a recent week — to Floridians who have had a foreclosure suit filed against them by a lender.
Buying distressed properties -- those that are in foreclosure or have a foreclosure pending -- is one of the few opportunities to snag a bargain in this overheated real estate market.
"If the house doesn't have a foreclosure price on it, even if the owners aren't in foreclosure, buyers aren't even looking," said Kathy Buterakos, a real estate agent in Grand Blanc, Mich.
Here are some other troubling statistics from the Fed: a half-million people had a foreclosure added to their credit reports between March 31 and June 30, an increase of 8.7 percent over the first quarter of the year.
They were easy to find in a report on household debt by the New York Federal Reserve, which found that 264,000 people had a foreclosure noted in their credit report in the third quarter.
While Citibank, Wells Fargo and Bank of America are sagging with foreclosed properties they can't unload in a stagnant market, Community Mutual Savings Bank, which has its headquarters here and has only five branches in the county, has not had a foreclosure in three years.
