Foreclosed Properties News Today

The Portland City Council unanimously agreed to foreclosure six “nuisance” properties known for frequent health and criminal concerns in their communities.

DECATUR, Ill. (WCIA) — The Decatur City Council is scheduled to meet Monday evening. Among items on the agenda include an ordinance to crack down on the city’s vacant buildings, and a plan to build a new downtown hotel and parking garage. The council is scheduled to discuss an ordinance to help revitalize the city […]

Study shows property value decline, less political participation, more code violations and a crime uptick as investor landlords snapped up homes.

U.S. foreclosure activity is on the rise. See: Kevin O'Leary Says a Coming Real Estate Collapse Will Lead to 'Chaos' - Here's What You Need To KnowFind: 10 Affordable US Small Towns With a Great...

The vast majority of properties that were sold to new owners through the city’s foreclosure spree have since been cited for new violations.

Across Michigan, there are several lawsuits arguing that former property owners, not counties, deserve profits from tax foreclosure sales.

Genesee County sold foreclosed properties that netted the county just under $81,500. County Treasurer Scott German reviewed the latest online property auction during Wednesday’s Ways & Means meeting. The event was expected to conclude more quickly but was drawn out by continuous bidding for some properties, German said. Overall, it “was very successful,” he said. The total

Buying a home is a major investment. In many circumstances, it’s the largest one that many people will ever make in their lifetime. It stands to reason, then, that finding ways to make such a massive purchase as affordable as possible. One method is to buy a foreclosed property, but there’s a lot that goes

Sixth Circuit addressed an issue that tends to arise frequently in various types of class actions, such as property insurance and environmental cases: whether property valuation issues are appropriate for class treatment.Answer No and In this case event could be challenged.

Offers to buy one of Cheshire’s most historic and visible properties — and most in need of repair — are coming in, with a sales decision possible next week.