Boston real estate foreclosures
Sixteen of your neighbors lost their homes to foreclosure this week, in the city of Boston (short week, Monday being Labor Day). Address, mortgage date, original amount 113 Dale Street #1, 2006, $210,000 19-21 Hendry Street, #1, Dorchester, 2006, $243,000 144...Boston real estate foreclosures
So, what percentage of people facing foreclosure are investors, and what percentage are homeowners? It varies, according to location, apparently. (No data on Massachusetts, but my guess it’s on the lower end of the scale. We just didn’t have a lot of...Boston real estate foreclosures
I’m announcing a new feature you will only find here on the Boston Real Estate Blog. You certainly won’t find it in the Globe or Herald. Twenty of your neighbors lost their homes to foreclosure this week, in the city of Boston. Address, mortgage date,...Boston real estate foreclosures, subprime lending crisis
According to the Globe: The Patrick administration is considering a plan that would make mortgage lenders pay moving expenses as well as the first and last months’ rent of homeowners who lose their homes to foreclosure. The proposal is part of foreclosure...Boston real estate foreclosures
I have a lot of respect for the opinions expressed by nationally syndicated mortgage broker Lou Barnes. Here’s his current take on the state of the real estate market and the effect of the foreclosure explosion on our national economy. Home resales run a tad...Boston real estate foreclosures, the commonwealth
So, the Patrick Deval administration came out with a plan this week to assist homeowners facing foreclosure. The plan, if approved, would help homeowners refinance their mortgage loans. The loans would only be available to those with loans less than 60-days past due,...