Friday, May 14, 2010

Foreclosures from the sidebar April 14

US Foreclosure Filings Surge to a Record in First Quarter 2009

Option ARMs: Rising Defaults. As of Jan. 09, 28% are delinquent or in foreclosure Dec. 08. Example: Two has become three: 2385 River Ridge Road set for auction Jan 22 9:30 a.m., Albemarle County courthouse.

RealtyTrac: Foreclosures surged 81% in 2008 over 2007; 225% over 2006.
The Richmond Times Dispatch has compiled foreclosure numbers for the Commonwealth, '07-'08. Albemarle County, however, is missing.

RealCentralVA has a post on foreclosures. Be sure to check out the comments.

Do you know what a "short sale" is? Start learning here.


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