Foreclosure numbers across the U.S. hit a six-year low in April, according to data from national real estate listing firm, RealtyTrac. South Carolina, however, saw a 20% increase from April 2012 in the number of filings, pushing the state into the top five for the rate of foreclosures for the month. RealtyTrac data found that one … Continue reading »
In the case of the foreclosure crisis, the worst may finally be over. Nationally, foreclosures fell by 3% in 2012 compared to 2011, while 2012 filings were 36% lower than in 2010 – a telltale sign that the United States may very well be making its way out of the housing crisis. But, as Forbes … Continue reading »
From South Carolina Department of Consumer Affairs… In February 2012, state and federal regulators announced a $25 billion settlement with the country’s five largest mortgage servicers. As a part of the settlement, some South Carolina consumers who lost their home to foreclosure may eligible to receive at least $840. Borrowers may be eligible if: (1) their … Continue reading »
Tomorrow (Aug.21), Sandy Weaver’s property in Stono Ferry will be auctioned for unpaid homeowners association assessments. In 2008, Weaver was informed that, Stono Ferry Homeowners Association had filed a lien along with a notice of foreclosure but wasn’t aware the case had progressed to a foreclosure sale. According to a Charleston Regional Business Journal analysis, they found hundreds of foreclosure … Continue reading »
