Maryland Governor Passes Emergency Resolution Requiring Lenders to Inform State about Potential Foreclosures
In reaction to the rising foreclosure rate of foreclosure all over the state, Maryland Governor Mike O’Malley announced a new emergency order Tuesday requiring mortgage lenders to notify the state ahead of the homeowner when a default is going to be issued on a delinquent mortgage. The legislation is intended to give local authorities a chance to offer help and assistance to the homeowner before the process begins, so that they will be better prepared and more equipped to avoid an eventual foreclosure.
Oneidas closer to putting real estate into trust (Albany Times Union)
State objects as federal agency backs move to make land nontaxable
Virginia Foreclosures Finally on the Rise
While Virginia foreclosures have remained at comparatively low levels to other states during the recent foreclosure boom, over the course of 2007 the number of Virginia foreclosure homes coming onto the market increased substantially, and that could spell good news for potential investors.
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Gregoire praises state economy at realtors meeting in Fircrest (Tacoma News Tribune)
Though she spoke before a room Thursday packed with Realtors, Gov. Chris Gregoire spent little of her time on real estate.
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Foreclosed properties up in most of area, figures dropped off in Loudoun County (The Washington Examiner)
The number of foreclosures jumped last month across much of the Washington region, according to a new report from RealtyTrac, a real estate tracking company.
Pinpointing an Opportune Time To Build That Brand-New Home
With interest rates falling should you purchase that dream house? June Fletcher offers tips on how to get the best deal. Retirees Head Overseas To Lower Living Costs Americans are moving to places like Mexico and Panama where the weakened dollar still reigns. […]
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