Ontario Tax Sale Property     

Providing free tax sale property listings for Ontario, Canada    


ForeclosuresNH Discovers A Disturbing Trend in the NH Foreclosure Market




Source: James Kenney - United States

ForeclosuresNH, NH's primary foreclosure reporting service, has discovered a disturbing trend in the foreclosure market and boldly predicts that this trend will continue through the end of the year. In the 7-month span from August 2005 to February 2006, the percentage of foreclosed properties in NH that were purchased or refinanced in the last 2 years has jumped from 28% to 52%. This dramatic increase in foreclosures for these homeowners is a direct result of homeowners who couldn't afford their home but were able to obtain financing with interest-only, adjustable-rate or discounted-rate mortgages. Also contributing to this trend is the softening of the housing market, which is making it more difficult for homeowners facing foreclosure to sell their home.

"This statistic speaks volumes about the state of the housing market, says James Kenney, co-founder of ForeclosuresNH. "It's becoming more evident, especially over the past 7 months, that NH homeowners who financed their home with an interest-only, adjustable-rate or discounted-rate mortgage were unprepared when their mortgage payments increase anywhere from 20 - 40%."

"In keeping with this shift in the foreclosure market, we have modified our corporate philosophy to focus not only on the properties in foreclosure but also the homeowners in foreclosure," added James Kenney. "In addition to the resources available on our website for individuals looking to purchase foreclosed property, we have also added resources for homeowners in foreclosure to help them in the areas of budgeting, financing, selling and relocating. We understand that foreclosure can be an embarrassing situation, not to mention the burden of attempting to avert the loss of a home, so our goal is to help ease the pressure by providing some options to protect this part of the "American Dream"."
About the Author

James Kenney is the co-founder of ForeclosuresNH. ForeclosuresNH provides a detailed and updated, foreclosure and property database with many complimentary services as well as a support network of resources for homeowners who are in or are facing foreclosure.




Next: Buy Real Estate Without Breaking Your Budget

Previous: Finding government auctions



Add to del.icio.us Add to Reddit Add to Digg Add to Del.icio.us Add to Google Add to Twitter Add to Stumble Upon
Add to Informational Site Network
Report
Privacy
SHAREADD TO EBOOK








Android app on Google Play

Tax Sale Property Listings

Canada:
Current Ontario Tax Sale Properties - EBook Guide

Ontario Tax Sales - 2016
Ontario Tax Sales - 2015
Ontario Tax Sales - 2014
Ontario Tax Sales - 2013
Ontario Tax Sales - 2012
Ontario Tax Sales - 2011
Ontario Tax Sales - 2010
Ontario Tax Sales - 2009
Ontario Tax Sales - 2008
Ontario Tax Sales - 2007
Ontario Tax Sales - 2006
Ontario Tax Sales - 2005
Ontario Tax Sales - 2004

Current Alberta Tax Sale Properties

Alberta Tax Sales 2014
Alberta Tax Sales 2013
Alberta Tax Sales 2012
Alberta Tax Sales 2011
Alberta Tax Sales 2010
Alberta Tax Sales 2009
Alberta Tax Sales 2008
Alberta Tax Sales 2007
Alberta Tax Sales 2006
Alberta Tax Sales 2005
Alberta Tax Sales 2004

Nova Scotia Tax Sale Properties

New Brunswick Tax Sale Properties

USA:
New York Tax Sale Properties
Texas Tax Sale Properties

Sheriff's Sales
Ontario Sheriff Sales Properties

Ontario Tax Sale Research

Listing by Date
Listing by Counties, Listing by Districts, Listing by Regions, Listing by Single Tier

* My Properties *






Latest Discussion Posts

>> Re: Hello by hjadoon
>> Re: Re: I hope this goes to tax sale by Dave2
>> Re: I hope this goes to tax sale by Frank
>> I hope this goes to tax sale by Dave2
>> Re: Trying to figure out how to price a bid on land by speedfreaksteve
>> Be aware huge contamination on waterfront lot Hawkesbury by bee
>> Re: Trying to figure out how to price a bid on land by Dave2
>> Trying to figure out how to price a bid on land by speedfreaksteve
>> Re: Re: Re: Mississauga results by Dave2
>> Re: Re: Is this website in the doldrums?? by mountainman
>> Re: Re: Mississauga results by mike7
>> Re: Is this website in the doldrums?? by Frank
>> Re: Re: Is this website in the doldrums?? by Dave2
>> Re: Re: Is this website in the doldrums?? by mountainman
>> Re: Is this website in the doldrums?? by Ernestbidder
>> Re: Is this website in the doldrums?? by paris
>> Re: Mississauga results by paris
>> Re: Mississauga results by PG
>> Re: Is this website in the doldrums?? by Dave2
>> Re: Is this website in the doldrums?? by Ernestbidder
>> Re: Is this website in the doldrums?? by Frank
>> Re: Mississauga results by Dave2
>> Upcoming auctions by the public administrator queens county NY by Ernestbidder
>> Re: Is this website in the doldrums?? by Ernestbidder
>> Re: Is this website in the doldrums?? by Dave2

Visit the tax sale properties discussion boards


Articles

>> Tax Lien Certificates and Tax Deeds - Protecting Your Investment by Joanne Musa
>> Investing In Tax Foreclosed Properties by James Ficarro
>> What You Should Know About Foreclosure Investing by Masni Rizal Mansor
>> The Pros And Cons To Buying Foreclosed Properties by Tim Lee
>> Introduction To Foreclosure Home Investing by Masni Rizal Mansor
>> Investing in Tax Lien Certificates - Three Ways to Profit by Joanne Musa
>> Tax Lien Sales by Peter Emerson
>> Bank Foreclosures - One of the Easiest Ways to Buy Foreclosures by Will Grant
>> Colorado Real Estate Foreclosures by Jason Murphy
>> The Basics Of Foreclosure by Dr. William Noel

View more tax sale property articles


Other

Tax Sale Property Books
Kindle

Tax Sale Property Links


Follow @taxsalesont



Privacy Policy