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June 30, 2007

Area Suburbs See Rise in Foreclosures

Tommy Rice, Arlington County’s real estate assessor, spotted something troubling on his computer when he returned to work after a three-week vacation early this year: a half-dozen residential property transactions with an unusual code, the numeral 1, which indicates a foreclosure.

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County treasurer forming foreclosure task force

LISBON — County Treasurer Nick Barborak announced that he has established a local Save Our Homes task force to address the record number of foreclosures in the county.

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Mortgage industry rolls out campaigns to help homeowners avoid foreclosure

WASHINGTON — There’s a marketing blitz under way aimed at the homeowner in denial — the one missing mortgage payments, dodging calls from the lender and hoping for the best.

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June 29, 2007

Counseling, advertising aim to keep borrowers out of foreclosure

There’s a marketing blitz underway aimed at the homeowner in denial - the one missing mortgage payments, dodging calls from the lender and hoping for the best.{l} Reagor’s real estate blog

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Foreclosure is final step

Moir says a homeowner can miss one mortgage payment and it is called a late payment. If he misses two payments he will likely get a warning.

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