mortgage

Top foreclosure states Aug. 2012: California

Live in California? According to RealtyTrac, a California-based firm that tracks foreclosures, your state had one of the highest rates of foreclosure in August. Nationally, 1 in every 681 housing units received a foreclosure filing in August 2012.

California: 1 in every 340 housing units received a foreclosure filing.
Nationally: 1 in every 681
California average foreclosure sales price: $263,058
National average foreclosure sales price: $189,103

 

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Holden Lewis

It really is easier to qualify for a loan

If you're eager to buy a house, go ahead and seek a mortgage preapproval, even if you have imperfect credit. Maybe you'll be pleasantly surprised.  ... Read more

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