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Bank Foreclosures News

Black Man Buys $300k House For $16, Neighbors Upset

A Texas man took advantage of a little-known provision in state law and now has a whole neighborhood mad at him. Kenneth Robinson, who many are looking at as either a hero or squatter, recently landed an abandoned home worth $300,000 for $16.00.

Be Your Own Bank – Cash Management Strategies for Real Estate Investors

Being a real estate investor means handling a lot of cash. It may not seem that way, especially at first, but think about it. There's the float on the cash flowing through your bank account.

Firefighter to Demolish Home Before Bank of America Forecloses After Deceptive Scheme

...unless some kind sole comes up with the 24k we are now behind on our mortgage payments, we will most certainly, within the next few months lose our home to the Banksters of America.

Banks Hording Homes

The New York Times is accusing banks of hording residential real estate they foreclosed upon, creating a glut of shadow inventory.

Big Problem for Banks: Due Process

So there you have it. Having convinced millions of Americans to buy homes they couldn't afford, Bank of America is now revving up its foreclosure efforts on these same homeowners.