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Foreclosures Listing News

Banks Offering Cash to Avoid Foreclosures

Seeking a cheaper, faster alternative to foreclosure, several lenders are encouraging homeowners to sell short

Foreclosures made up 20 pct. of home sales in 3Q

Foreclosures made up a smaller slice of all U.S. homes sold in last year's third quarter, as banks delayed placing properties for sale and home sales slowed.

Banks Paying Homeowners a Bonus to Avoid Foreclosures: Mortgages

Banks, accelerating efforts to move troubled mortgages off their books, are offering as much as $35,000 or more in cash to delinquent homeowners to sell their properties for less than they owe.

Foreclosures at the high end increase across the Bay Area

More million-dollar-and-up homes are going into foreclosure or forced into short sales, as the housing crisis catches up with those on the higher end of the market.

Foreclosures Made Up 20% of Third-Quarter Home Sales

Foreclosures made up a smaller slice of all U.S. homes sold in last year's third quarter, as banks delayed placing properties for sale and home sales slowed.