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A deed-in-lieu of foreclosure involves turning over your home to a lender to avoid foreclosure proceedings. In some instances, going this route could help you avoid paying the remaining loan ...
Get a deed-in-lieu of foreclosure: Some states allow homeowners to choose a deed-in-lieu of foreclosure, in which you agree to turn over your home to your lender to avoid foreclosure. With this ...
“Foreclosure floodwaters receded somewhat in 2010 in the nation’s hardest-hit housing markets. Even so, foreclosure levels remained five to 10 times higher than historic norms in most of those hard-hit markets, where deep fault-lines of risk remain and could potentially trigger more waves of foreclosure activity in 2011 and beyond.” [30]
REO sale property in San Diego, California. Real estate owned, or REO, is a term used in the United States to describe a class of property owned by a lender—typically a bank, government agency, or government loan insurer—after an unsuccessful sale at a foreclosure auction. [1]
From 2007 to 2016, the city had more than 1,200 home foreclosures, with about three-fourths of them happening from 2007 to 2011. [55] City officials prepared for cutbacks going into 2009. Burbank's City Manager, Mike Flad, estimated the city's 2009–10 fiscal budget would suffer a 5% shortfall.
The region is home to several large shopping malls, including the Promenade Shops at Dos Lagos and the Crossings in Corona; Ontario Mills in Ontario; Promenade Mall in Temecula; Galleria at Tyler, Riverside Plaza, and Canyon Crossings in Riverside; The Shoppes at Chino Hills in Chino Hills; Moreno Valley Mall in Moreno Valley; Victoria Gardens ...