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January 6, 2009



BayView faces foreclosure notices

Foreclosure notices will begin appearing this month on 42 tax-delinquent properties in the BayView condominium development in Suttons Bay, according to county treasurer Vicki Kilway.

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Equity loans leave many older American homeowners in foreclosure

An AARP study released Thursday challenges the perception that older Americans have been left out of the current real estate crisis because they have built enough home equity to avoid delinquencies and foreclosure.

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'A preventable disaster'

Charleston’s foreclosure rate for borrowers with a poor credit history will spike over the next three to five years because of rising interest rates and weakening housing prices in many coastal metropolitan areas.

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