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RealtyTrac. RealtyTrac is a real estate information company and an online marketplace for foreclosed and defaulted properties in the United States. It was founded in 1993 and is based in Santa Barbara, California. It publishes a monthly U.S. Foreclosure Market Report. [ 1][ 2][ 3]
Key takeaways. Homes become bank-owned properties after homeowners default on their mortgages and the bank forecloses. If no one opts to buy a foreclosure home at auction, the bank or mortgage ...
Overall, data about the real estate markets continues to be ambiguous. RealtyTrac reports that in May foreclosure starts were up 2% from April. What is not clear is whether this is because banks ...
Realtytrac reports that foreclosure However, the states hardest hit by the real estate disaster remain in deep trouble - another reminder that all housing problems are local and need to be solved ...
Foreclosure is a legal process in which a lender attempts to recover the balance of a loan from a borrower who has stopped making payments to the lender by forcing the sale of the asset used as the collateral for the loan. [ 1][ 2] Formally, a mortgage lender (mortgagee), or other lienholder, obtains a termination of a mortgage borrower ...
[3] [4] The foreclosure crisis caused significant investor fear in the U.S. [5] A 2014 study published in the American Journal of Public Health linked the foreclosure crisis to an increase in suicide rates. [6] One out of every 248 households in the United States received a foreclosure notice in September 2012, according to RealtyTrac. [7] [8]
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