Several years ago, Nevada was a state where home prices skyrocketed. Today, Nevada suffers from one of the highest foreclosure rates of any state in the country. RealtyTrac.com claims that one out of every eighty-four households in the state of Nevada has received a foreclosure notice. This is 4.5 times more than the national average. To deal … [Read more...]
Home Foreclosures On Long Island
In the month of July, 2010, 800 homeowners in Nassau County had their homes foreclosed on (foreclosure is the start of a proceeding by a lender of financial institution to take the home back). In the same month, 170 homes were taken back by the lenders on Long Island. This is an increase of 86% from July of 2009. Although the Obama … [Read more...]
