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large foreclosure About Us

We all know without question that investing in real estate is the corner stone of wealth.  In these economic times and periods of financial upheaval the game will not change only the players.  Take this time to peruse, use and digest NJ.ForeclosedUsHomes.com to find your next home sweet home or your next single, double or home run.  Our only goal here is to give you the tools that can make you wealthy beyond your wildest dreams.  We can help and we will.

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RSS Housing Doom

  • Quote of the Week September 4, 2010
    No price is too high … Reuters (9/3 ’10): “Analysis: Obama running out of options to aid housing market” “It is very very difficult to engineer some kind of large-scale foreclosure relief that doesn’t benefit at least one of two parties that (voters) don’t want to help,” [policy analyst Raj Date] said, referring to mortgage ... […]
    johnm
  • Foreign Cenbank Holdings of US Obligations Weekly Update — to September 1, 2010 September 3, 2010
    Regret it was my fault for this post being late.  Twist had her charts done quite a while ago, but we at Doom North have been busy tying Igor down and such-like tasks in preparation for hurricane Earl expected tomorrow. This week the Fed’s own holdings of MBS were static, rising just $0.001 billion (a ... […]
    johnm
  • Twist Is In New England September 1, 2010
    No Doomers, I haven’t disappeared this week.  I’ve been in New England, where I thought I’d post regularly.  The weather has been beautiful though, the relatives have kept me busy, and I figured that if I miss a day or two, the housing bust will still be there when I get back.  Look for me ... […]
    twist
  • Double Rumour-Quash Monday August 31, 2010
    OK, so if we bloggers can’t make fun of serious issues, who will?  It’s not every day you get Pay no attention to the man behind the curtain! from WSJ and WaPo on different issues on the same day WaPo (8/30 ’10): “Top China bank official’s defection rumors quashed” WSJ (8/30 ’10): “Ignore Talk of ... […]
    johnm
  • Disabled and facing foreclosure August 30, 2010
    Who’s to blame when a house goes into foreclosure?  We’ve been debating this one on Doom for quite awhile.  Recently we heard from Karen Pettit, who places the blame for her foreclosure on GMAC.  Here’s her story.  See what you think. **************************************************** Karen Pettit’s and her husband’s long struggle with GMAC over the forecl […]
    twist

RSS HUD Press Releases

  • ON THE ROAD FROM RECOVERY TO REVITALIZATION August 26, 2010
    Five years ago, one of the most destructive natural disasters in our nation's history hit the Gulf Coast. When they hit the coasts of Louisiana and Mississippi, Hurricanes Katrina and Rita took thousands of lives, displaced millions of residents, wiped out hundreds of square miles of coastal land, and inflicted major damage to nearly 300,000 homes. […]
  • HUD AWARDS $312 MILLION IN DISASTER RECOVERY GRANTS TO HELP STATES REDUCE DAMAGES FROM FUTURE DISASTERS August 26, 2010
    WASHINGTON - U.S. Housing and Urban Development (HUD) Secretary Shaun Donovan today awarded nearly $312 million to 13 states to invest in efforts to reduce the human, physical, and economic toll of future disasters. The grants announced today are provided through HUD's Disaster Recovery Enhancement Fund (DREF) and are intended to encourage states to und […]
  • DONOVAN ANNOUNCES $65 MILLION IN AVAILABLE FUNDING TO SUPPORT COMMUNITY DEVELOPMENT IN INDIAN COUNTRY August 25, 2010
    SIOUX FALLS, SD - U.S. Housing and Urban Development Secretary Shaun Donovan traveled to a Native American community in South Dakota today to announce $65 million in available funding to support a variety of community development and affordable housing production in Indian country throughout the U.S. Donovan made the announcement following a tour of the Rose […]
  • HUD ANNOUNCES $189 MILLION AVAILABLE TO REVITALIZE COMMUNITIES August 25, 2010
    WASHINGTON - The U.S. Department of Housing and Urban Development announced today that it is making $189 million in grants available to transform public and assisted housing and to revitalize communities. Appearing in today's Federal Register are the Notices of Funding Availability, the federal application, for two revitalization initiatives: The Choice […]
  • HUD CHARGES NORTHEAST OHIO LANDLORD WITH HOUSING DISCRIMINATION August 24, 2010
    WASHINGTON - The U.S. Department of Housing and Urban Development (HUD) today announced that it is charging Testa Family Enterprises, LTD, owner of Royal Arms Apartments in Ravenna, Ohio, and the complex's manager with housing discrimination for allegedly refusing to rent certain apartments to families with young children. HUD's charge alleges that […]

RSS New Jersey Real Estate Report

  • Fannie Mae: Get going and foreclose September 3, 2010
    From HousingWire: Excessively delaying Fannie Mae foreclosures will now cost servicers Fannie Mae will now review the compensatory fees due to servicers in cases where the government sponsored entity feel servicers are unnecessarily delaying foreclosure. In a letter sent to … Continue reading → […]
    grim
  • Thank you William! September 2, 2010
    A letter to the editor printed in the Mahwah Suburban News, written by William P. Deegan Jr. Letter: Question accuracy of real estate story After opening the [Aug. 19] Mahwah Suburban News, your [real estate section] item’s large headline, “Local … Continue reading → […]
    grim
  • New Jersey Home Price Tracker – August 2010 August 31, 2010
    The New Jersey Home Price Index Tracker has been updated to include: * June S&P Case Shiller (Aggregate, Tiered, Condo) * Q2 FHFA Home Price Index (HPI, Purchase Only) * Q2 NJAR Home Price Index (Statewide Median) (click to enlarge) … Continue reading → […]
    grim
  • Case Shiller Day! August 31, 2010
    From Reuters: US home prices to eke out small June gain U.S. home prices likely eked out a small gain in June, but a rise would represent the final tail-winds of the homebuyer tax credit that ended in April rather … Continue reading → […]
    grim
  • “The problem is that every house on their block is for sale, too.” August 30, 2010
    From the NY Post (Hat tip Dan): Town is down on its luxe In this economy, it’s not uncommon for whole neighborhoods to be on the market. But Rumson, NJ, a leafy bedroom community of 7,200 residents, nonetheless stands out: … Continue reading → […]
    grim

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