Living After Foreclosure

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Entries from July 2008

Vacant home burglaries result in costly repairs

July 23rd, 2008 · No Comments

Fifteen to twenty thousand dollars in repairs because thieves stole $40 worth of copper? Ouch. That was a bit more than I would have guessed. Maybe a couple thousand at the most to repair a wall or some floors? Not $20,000! Very costly repairs like this will drag down housing prices further. The extent to […]

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Hey, at least you can get a free drink

July 16th, 2008 · No Comments

Capitalism at its finest. Restaurants are feeling the pain with $4 gas and tightening pursestrings, so they’re sharing the pain by offering “recession specials” — slightly cheaper offerings to help strapped clients enjoy some of the finer things. These deals aren’t really that great compared to cooking in but it’s better than no discount at […]

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Luxury homes see a big jump in foreclosures

July 4th, 2008 · No Comments

This is just for the Dallas-Fort Worth area but the number of foreclosures filed against $1-million-plus homes more than doubled this past year. One hundred twelve percent higher for the first six months of this year compared to last year, to be exact. As for slightly less-expensive homes, the increases in foreclosure filings were still […]

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