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Monday November 23, 2009
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Property Repossession News is an EIN News Service for real estate professionals. Constantly updated news and information about reale state.
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  • Luton named a repossession 'hotspot' 23 Nov 2009 12:32 GMT
    ... to stop people in Luton losing their homes was announced this week, as the town ... town was named one of the UK's 'repossession hotspots'. In the third quarter of 2009, ...

  • £2m cash boost to help struggling homeowners 23 Nov 2009 11:36 GMT
    ... £2 million cash pot will help struggling homeowners to pay their mortgages. The money has ... free loans to reduce the risk of repossession. It will be administered to Calderdale households by Wakefield Council and is for homeowners ...

  • Twist Stick or Bust? How to Deal in the Housing Market, Autumn/Winter 2009 23 Nov 2009 15:40 GMT
    ... have been bigger rises elsewhere for country property and sharper declines for city centre flats. ... the mortgage companies have staved off wholesale repossessions, but with unemployment still not yet peaking, ... has estimated that almost half (45%) of home buyers had their first mortgage application refused. ...

  • Treasury hit as council housing demand grows 23 Nov 2009 00:14 GMT
    ... 2009 23.23 GMT Demand to build council homes is far exceeding government expectations, putting pressure ... to the 20-year effective moratorium on council house building, amid a new cross-party consensus to ... rates and government help, the forecast for repossessions this year has fallen from 75,000 to ...

  • Council housing demand hits Treasury 23 Nov 2009 01:56 GMT
    ... 2009 23.23 GMT Demand to build council homes is far exceeding government expectations, putting pressure ... to the 20-year effective moratorium on council house building, amid a new cross-party consensus to ... rates and government help, the forecast for repossessions this year has fallen from 75,000 to ...

  • Obama talks jobs at Cabinet meeting 23 Nov 2009 23:47 GMT
    ... China? David “Amerigo Bonasera” Axelrod - White House Chief of Combovers (Sent Monday, November 23, ... the lunatic fringe. Knock knock Obama, anyone home? (Sent Monday, November 23, 2009 4:49 PM) ... jobs they lose houses and cars to repossession (see ). Until we create more jobs ...

  • Stocks rally after three days of setbacks 23 Nov 2009 17:22 GMT
    ... default notices, auction sale notices and bank repossessions - were reported on 332,292 properties for ... units receiving one. The troubles in the residential sector are expected to continue throughout 2009, ...

  • Sheriff Executes Warrant In Alleged Fraud Ring 23 Nov 2009 22:16 GMT
    ... than 50 other cars parked on his property. Detectives were able trace back the vehicle ... pay the creditor. The bank issued a repossession order. Sommer Auto repossessed the vehicle and ...

  • Ohio authorities break up used car fraud ring 23 Nov 2009 23:11 GMT
    ... would hide vehicles from banks when a repossession order was issued. Phalen says the investigation ... than 50 other cars parked on his property. Phalen says no arrests have been made ...

  • Residential funds: as safe as houses? 18 Nov 2009 04:35 GMT
    ... Buying units in a specialist residential fund offers a much lower entry point ... to buy. The banks have dealt with repossessions very differently this time around, and low ... Weaver, head of residential funds at Invista Real Estate Investment Management. He manages a £500m residential ...

  • Bay Area home sales zip up nearly 7% in October 20 Nov 2009 05:14 GMT
    ... crunched by MDA DataQuick, a San Diego real estate research firm. The prices were up 4 ... which corresponded with a smaller inventory of homes to sell. "I'm seeing more traditional sellers ... continues could trigger new rounds of bank repossessions. "Median prices could gradually continue up if ...

  • Bay Area home sales zip up 20 Nov 2009 06:33 GMT
    ... crunched by MDA DataQuick, a San Diego real estate research firm. The prices were up 4 ... which corresponded with a smaller inventory of homes to sell. "I'm seeing more traditional sellers ... continues could trigger new rounds of bank repossessions. "Median prices could gradually continue up if ...

  • Bay Area home prices zip up nearly 7% in October 20 Nov 2009 20:18 GMT
    ... crunched by MDA DataQuick, a San Diego real estate research firm. The prices were up 4 ... which corresponded with a smaller inventory of homes to sell. "I'm seeing more traditional sellers ... continues could trigger new rounds of bank repossessions. "Median prices could gradually continue up if ...

  • Help needed now more than ever for homeowners 20 Nov 2009 05:55 GMT
    ... Yesterday's figures from the show that 77,500 households are in arrears on their mortgages and ... nightmarish is the fear of losing one's home. It is clear that the fear is ... courts are seeing an average of 100 repossession orders a month. But few of these ...

  • Charlie Weston: Help needed now more than ever for homeowners 20 Nov 2009 08:50 GMT
    ... Yesterday's figures from the show that 77,500 households are in arrears on their mortgages and ... nightmarish is the fear of losing one's home. It is clear that the fear is ... courts are seeing an average of 100 repossession orders a month. But few of these ...


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