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In 2007, the Census showed that there were around 110 million occupied "housing units" in the United States. RealtyTrac estimated that 1/416 households in the US received a foreclosure notice in August 2008. That means 264,000 households received such notices. Assuming that it takes 6 months to sell a foreclosed house, I estimate that there are around 1.6 million "housing units" in foreclosure.
Eric Fisher, Professor of Economics, California Polytechnic State University
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∙ 15y ago
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How do you use foreclosure in a sentence?
There is expected to be foreclosure on all the houses on that block.
How many houses does the US legislature have?
50,00,000,000,000 houses
Are there photos one can see of chicago houses?
There are many options on the internet to view photos of houses in Chicago. Whether you are just looking for a home for sale, a foreclosure home or a city attraction home, there are many photos to view.
How many houses are in the US?
About 90000000
How many houses are there in the US?
About 90000000
What percentage of homes are experiencing foreclosure in the Omaha, NE area as a result of this economic recession?
In Omaha, NE some counties like Douglas are experiencing foreclosure of 1 in every 247 houses.
How many houses did the US Constitution did it make?
2
You own three houses you have to let go one of your house to foreclosure what will happen to your other 2 houses can lender sue you or what could happen?
If the foreclosure sale does not pay off the lender in full, including costs & fees, the lender could obtain a judgment against you for the unpaid balance. This judgment would then be a lien against any other houses that you own.
What was the foreclosure rate for Atlanta GA in 2012?
Atlanta had a rough go in 2012 with foreclosure rates reaching a high with 1 in every 300 houses being foreclosed. Atlanta was 2nd in the country in foreclosures.
How many points does foreclosure decrease your credit score?
how many points dose foreclosure decrease your credit score
How many houses are there in the US in 2009?
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Can the new owner of your house that went to foreclosure sue the bank for false advertising?
When houses are sold in foreclosure, they are often sold as-is. It is always recommended that the buyer perform a home inspection and do their due diligence prior to the closing.
