Saturday, August 1, 2009

Ill. county to help foreclosure-facing homeowners - CNBC

CHICAGO - Desperate homeowners may have a good opportunity to forestall foreclosure. Cook County's announced a series of workshops that'll hook homeowners up with mortgage-company representatives. The aim is for cash-strapped homeowners to secure ..., more 
and Real Estate Meltdown - Daily Business Review  or the third time in a year, the financially troubled Las Olas Riverfront complex in Fort Lauderdale is set to be sold in a foreclosure auction. The 246,000-square-foot complex, which is to be sold Aug. 27, had also been set for sale in August 2008 ..., more 
and Loan Defaults - Daily Business Review  ore than two years into the real estate crisis, many developers and property owners in South Florida are learning the hard way that there are times when you just need to let go — and now is one of those times. With no recovery in sight, borrowers ..., more 

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