answersLogoWhite

0

Currently the rate is about 1% of all homes in the US are in foreclosure. It is interesting to note that this topic has no shortage of news coverage, but very, very few articles mention this number, only the percentages that the foreclosures have increased.

User Avatar

Wiki User

16y ago

What else can I help you with?

Continue Learning about Finance

Can your mortgage lender sell you a home they own?

Yes. Lenders sell homes they have taken by foreclosure or acquired by deed.Yes. Lenders sell homes they have taken by foreclosure or acquired by deed.Yes. Lenders sell homes they have taken by foreclosure or acquired by deed.Yes. Lenders sell homes they have taken by foreclosure or acquired by deed.


Where can one find listings of homes in foreclosure?

Listings of homes in foreclosure can be found on Realty Track, Bank of America, Home Finder, Zillow, Orlando Sentinel, Home Path, Real LePage and Alabama Foreclosure.


If foreclosure homes are sold at auction how are realtors selling foreclosure homes - Do they purchase the homes themselves or are they attempting to sell before the auction - How does this work?

the owner who is in foreclosure is attempting to sell the house before the foreclosure goes through. this is completely legal. if they want to sell the house for less than the amount that is owed to to the holder of the mortgage they will need to get the mortgage holders agreement.


What is the rate of foreclosure on Indianapolis homes?

Indianapolis has a fairly high foreclosure rate. As of first quarter 2011 the rate was about 1 in 500 homes. That's one of the highest rates in the country.


Where can one get foreclosure help?

Many online websites offer help for foreclosing homes. The Hud website gives tips on how one can survive from a foreclosure. The Obama Administration established many programs to help home owners with foreclosure like the MHA program.

Related Questions

What happens to homes in foreclosure?

The homes in foreclosure are sold at auction after notice and publication of the date, time and place.


Can your mortgage lender sell you a home they own?

Yes. Lenders sell homes they have taken by foreclosure or acquired by deed.Yes. Lenders sell homes they have taken by foreclosure or acquired by deed.Yes. Lenders sell homes they have taken by foreclosure or acquired by deed.Yes. Lenders sell homes they have taken by foreclosure or acquired by deed.


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 homes in Florida are in foreclosure?

Millions


Where can one find listings of homes in foreclosure?

Listings of homes in foreclosure can be found on Realty Track, Bank of America, Home Finder, Zillow, Orlando Sentinel, Home Path, Real LePage and Alabama Foreclosure.


Who is the saint that protect homes from foreclosure?

Saint Bankruptcy


Where can one find a list of foreclosure homes in Arizona?

One can find a list of foreclosure homes in Arizona from the following sites; Bank of America Home Loans and mortgage's Arizona foreclosure, Phoenix, AZ foreclosures, and Ushud site.


If foreclosure homes are sold at auction how are realtors selling foreclosure homes - Do they purchase the homes themselves or are they attempting to sell before the auction - How does this work?

the owner who is in foreclosure is attempting to sell the house before the foreclosure goes through. this is completely legal. if they want to sell the house for less than the amount that is owed to to the holder of the mortgage they will need to get the mortgage holders agreement.


What is the rate of foreclosure on Indianapolis homes?

Indianapolis has a fairly high foreclosure rate. As of first quarter 2011 the rate was about 1 in 500 homes. That's one of the highest rates in the country.


Is there a guaranteed way to stop a foreclosure?

No, there is no guaranteed way to stop a foreclosure. In order to prevent a foreclosure, you can just pay your mortgage on time and you can read about it at hud.gov/homes/homesforsale.cfm


What is the foreclosure rate in Inglewood California?

1 in 3267 homes in Inglewood, CA received a foreclosure filing in August 2009.


What is the Sacramento Residential Foreclosure Rate?

According to RealtyTrac.com, 1 in every 2,747 homes in Sacramento County is in foreclosure as of Aug 2009