foreclosures for sale

Top 10 College Towns for Buying Foreclosures

For real estate buyers who have the cash and credit to take advantage of historically low mortgage rates, there is one market type that tends to be more resilient than others: the college town. Consider investing in one of these 10 student meccas.

Is It Finally the Right Time to Buy a House Again?

The real estate market has endured a few years of painful price drops, and home values may have a bit further to fall. But independent experts say the bottom is very close. With prices in many areas at 2002 levels, and mortgage rates at 5%, this may be the moment for you to buy a home.

Panel: Foreclosure Prevention Program Had 'Less Impact' Than Expected

The government%u2019s program to prevent foreclosures is falling far short of its stated goals, a congressional watchdog reported. The Treasury%u2019s Home Affordable Modification Program (HAMP) is likely to fulfill less than a third of its goal of preventing 3 million foreclosures, the Congressional Oversight Panel for the Troubled Asset Relief Program said, according to Bloomberg News.

A Winning Streak Goes Bust: Ghost Towns of Las Vegas [VIDEO]

Las Vegas has always been a place of dreams, promising that pennies could turn into fortunes, cities could rise from the desert, and property values could rise eternally. But you can also lose your shirt there, and the real estate crash has hit Sin City harder than anyplace else in the country.

Home Prices Could Fall 20% More Due to Excess Inventory

For a while, it seemed the housing crisis had been averted. Now, Gary Shilling, president of economic consulting firm A. Gary Shilling & Co., says that things are likely to get worse. He predicts that housing prices could fall another 20%.

The Foreclosure Mess: Still a Threat to Renters

Despite new federal laws designed to protect them, many tenants are still finding themselves caught up in foreclosure dramas as building owners struggle to hold on to their properties. And if real estate market doesn't improve soon, the problem could get worse.

No Foreclosure Problems at Bank of America?

After a 16-day review of its foreclosures, Bank of America has pronounced itself satisfied. It found no problems at all with any of them, and it's ready to resume processing foreclosures. Let's be blunt: That's a claim so unbelievable it doesn't pass the straight-face test. Here's why ...

Murder Conviction Based on Dog Witnesses Is Tossed

In 2007, a man was convicted of murder despite strong evidence that he wasn't the killer after three apparently very compelling witnesses matched him to the scent of the victim's clothes. Those witnesses? A trio of bloodhounds named Quincey, James Bond and Clue. I wish I was joking.

Foreclosure Relief: Good for Banks, Bad for Borrowers

Many troubled homeowners in HAMP, the federal foreclosure relief program, end up losing their property anyway. Banks gain the most by delaying repossessing houses they can't sell, while collecting more monthly payments from strapped borrowers.