Sentence examples for having a foreclosure from inspiring English sources
According to the RealtyTrac U.S. Foreclosure Market Report for September, the latest month for which data is available, Maryland has the second-highest foreclosure rate in the nation, with one in every 204 housing units in the state having a foreclosure filing.
While selling your home may not be an attractive option, it's better than having a foreclosure on your record, and if you have substantial equity in the home, you may be able to come out of the deal with some money.
Ally wasn't the only major lender that had a foreclosure process dependent on a few corporate bureaucrats.
He sends out letters — 1,700 in a recent week — to Floridians who have had a foreclosure suit filed against them by a lender.
One in 122 households in the metropolitan area of Bridgeport, Conn., had a foreclosure filing, an increase of 552percentt from 2006.
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.
