business foreclosure

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Business Foreclosure is a news site.

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David Norden

Savannah Real Estate new site launched

HUD foreclosure8 Points I Should Remember to avoid hud foreclosure ?
Tips from the HUD
U.S. Department of Housing and Urban Development

HUD AppraisalsHud apparaisals  Velazquez's Fight to Preserve Affordable Housing

Congresswoman Nydia M. Velazquez (D-N.Y.) introduced the first in a series of legislation aimed at increasing the availability of affordable housing in New York City. H.R. 655, “The Pathway to Preservation Act” will make it easier for local governments to purchase HUD-owned buildings that are slated for foreclosure, preserving affordable housing opportunities for low income families in the City, and across the nation.

Hate the house? Get a construction mortgage loan

Love the neighborhood, hate the house. That is a common enough complaint from both current homeowners and prospective homeowners.

Lenders have an increasingly attractive alternative for people in this situation: renovation loans. With these, a borrower who wants to move into an existing home need not compromise on quality, and the homeowner who has outgrown the house but does not want (or cannot afford) to move can upgrade more economically.

How Do Adjustable Rate Mortgages (ARMs) Work?

In past decades, many people have been trained to think that a 30-year fixed-rate mortgage is the only way to go when it comes to getting a mortgage. They look negatively on adjustable rate mortgages (ARMs) because they fear the adjustable part. But there are advantages to having an ARM and times where a long-term fixed-rate mortgage doesn't really make as much sense.

Housing defaults, foreclosures listings rise in Fresno

Market downturn, wide use of alternative loans blamed.

Houses for sale stand vacant

Slowdown leaves half of homes on market unoccupied

credit card
Fighting off credit card debt

Americans commonly use credit cards as part of their family finances. Sometimes the reliance on credit cards leads to an unhealthy amount of debt. CNN asked readers how they deal with credit card debt and asked them to share their stories. Here is a selection of responses, 

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