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• Foreclosure Rescue Scams on the Rise

  Foreclosure rescue scams, in which con artists prey on struggling home owners, are becoming more of a problem, according to the Federal Trade Commission. The FTC has already filed three major foreclosure rescue cases this year, compared with zero a year Read More... Posted Friday, August 08, 2008 6:18 AM by Dave Recker | 0 Comments Filed under: Real Estate, Foreclosure, scams

• Housing Relief Bill Threatened by Veto

  A bipartisan coalition ignored a White House threat to veto a foreclosure rescue bill and voted 70-11 against an attempt to send the measure back to the Senate Banking Committee, which would have essentially killed the bill. The bill was sidetracked by Read More... Posted Saturday, June 21, 2008 6:14 AM by Dave Recker | 0 Comments Filed under: Real Estate, NC, Rocky Mount, Nashville, Foreclosure, wilson, housing Relief, Congress

• Lenders Team up to Curb Foreclosures

  Six major lenders have agreed to allow seriously overdue home owners to suspend foreclosures for 30 days, giving them time to work out affordable loans. The plan called Project Lifeline is being announced today by the Department of Housing and Urban Development. Read More... Posted Wednesday, February 13, 2008 8:35 AM by Dave Recker | 0 Comments Filed under: Real Estate, Tips & Information, Foreclosure

• Politicians Debate a Bailout for At-Risk Borrowers

  Economic research suggests that a huge wave of foreclosures will hit just in time for the primary and general election campaigns next year. That news is enough to make both the Bush administration and Democratic leaders in Congress eager to find a solution Read More... Posted Friday, August 31, 2007 6:15 AM by Dave Recker | 0 Comments Filed under: Real Estate, NC Real Estate Web, North Carolina, Edgecombe County, Rocky Mount, Red Oak, Nash County, afforability, Foreclosure

• Buying a Foreclosed Home? Get Ready to Clean

  Owners of houses in foreclosure often leave the properties in poor shape when they move out. Some even leave pets and rotting garbage, say property inspectors and real estate professionals. "It's almost every day now that we see a [foreclosed] Read More... Posted Sunday, July 08, 2007 7:02 AM by Dave Recker | 0 Comments Filed under: Buyer Information, Tips & Information, Foreclosure