I talked to some people in the Ada County Treasurer's Office and visited their Web site, www.adaweb.net. They list a few properties that are up for sale due to nonpayment of taxes. It's best to call the department to be sure that what's listed is still available. Through the Treasurer's Web site, I connected to www.bid4assets.com. The government auctions off all types of property, including art, vehicles, jewelry, real estate and more. There are more sites: For instance, www.HUD.gov/home/ homesforsale.cfm, is the Department of Housing and Urban Development's site for homes for sale. You can Google "house foreclosures" to come up with more places to look, but be aware that some of the sites charge for their services.
This notice announces that FHA is extending the availability of the temporary waiver of its regulation that prohibits the use of FHA financing to purchase single family properties that are being resold within 90 days of the previous acquisition, until December 31, 2012. This waiver, which was first issued in January 2010, took effect for all sales contracts executed on or after February 1, 2010, and was extended in February 2011. The waiver is set to expire on December 31, 2011, and therefore HUD is extending the waiver for another calendar year. Prior to the waiver, a mortgage was not eligible for FHA insurance if the contract of sale for the purchase of the property that is the subject of the mortgage is executed within 90 days of the prior acquisition by the seller and the seller doe...
...As a result of the high foreclosures that have been taking place across the nation, FHA...
SAN BERNARDINO - A major redevelopment project, recently approved to take place in an eastside neighborhood, has thus far elicited stronger emotions than other projects in neighboring cities that rely upon the same federal funding source. Within the San Bernardino Valley, the U.S. Department of Housing and Urban Development has given millions to San Bernardino, Rialto and Fontana to fight the after effects of the foreclosures through what's called the Neighborhood Stabilization Program.
... buyers from the Department of Housing and Urban Development, but made at least two efforts to get ... purchasers, quick-buck profits, foreclosures, vandalism, fraud, and taxpayer losses. Reviewing ...
When President Barack Obama's man for helping old auto towns came to Dayton Thursday, May 21, he didn't just bring word of federal money that is available. He brought an army. He had somebody from the Commerce Department to talk about help for businesses looking to retool for a new day. There was somebody from the HUD (Department of Housing and Urban Development) to talk about what comes after foreclosures, among other things.
DAYTON -- Montgomery County, Kettering and Dayton officials in the next week will seek some of the $40 million in federal money they believe is available the next five years to redevelop neighborhoods. Dayton will request about $11 million for 2011 from the U.S. Department of Housing and Urban Development on behalf of the group to address blight brought on by recent foreclosures and the recession.
I read Jack Kemp's June 2 commentary, "Fighting a new war on poverty," with some nostalgia and regret. Forty years ago, all 42 Republican senators sponsored the National Home Ownership Foundation Act to help lower-income neighborhood organizations expand home-ownership opportunities. President Johnson and Sen. Walter F. Mondale substituted their own version, which led to a huge wave of foreclosures and abandonment of the idea (except for Department of Housing and Urban Development Secretary Jack Kemp, who 23 years later tried to make it work in public housing).
Pamela Smith, a real estate agent with Greenwood-based Realty World Harbert Co., experienced the market shift firsthand. Since 2003, she and her husband have purchased and flipped about a dozen foreclosed homes. What isn't drying up is the availability of foreclosed homes in newish, suburban starter neighborhoods-the kinds of places that real estate professionals once called "vinyl villages.
...Department of Housing and Urban Development foreclosures, said Seth Payt...
During the very year the local housing market peaked, when new home sales totaled more than $900 million in Shelby County alone, Meribeth LaBarreare noticed the first signs of trouble. Around 2005, we started seeing these loans that were too good to be true," said LaBarreare, president of the Memphis Mortgage Bankers Association.
..., there have been more than 23,000 foreclosures in the county. As was the case elsewhere, the prob...Housing and Urban Development (HUD), 718. Federal National Mortgage ...
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