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Perfect Stranger – One More Repossession

Written By: Kim Williams & Oscar Turman Label: Curb From The 1995 Album – ‘You Have The Right To Remain Silent’

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UNLV expert says more people may walk from homes

UNLV expert says more people may walk from homes LAS VEGAS (AP) — A University of Nevada, Las Vegas real estate expert says market conditions in Sin City might lead to more people choosing to walk away from their mortgages. Read more on Reno Gazette-Journal

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truTV Creates Exclusive Bonus Episode of “Operation Repo” As Reward for Fans Delivering More than 500,000 “Likes” on …

truTV Creates Exclusive Bonus Episode of “Operation Repo” As Reward for Fans Delivering More than 500,000 “Likes” on … The episode will be available on the show’s Facebook fan page immediately following Wednesday’s season finale. Read more on The Futon Critic

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More mortgages for borrowers with small deposits

More mortgages for borrowers with small deposits Mortgage availability for people with only a small deposit has doubled during the past year but rates on the loans remain high, research shows. Read more on AFP Telegraph Finance News via Yahoo! UK & Ireland Finance

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Reverse mortgages more attractive

Reverse mortgages more attractive Buried in debt and struggling to pay her monthly bills, Robin Miles resisted a reverse mortgage as a possible way out of those problems. Read more on Philly.com

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Old Dogs-New Tricks Live On 5 WCYB-TV “One More Repossession”

One More Repossession

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What happens in a repossession when the car is worth more than the loan?

I would like to know what happens if a car is repossessed and sold at auction, if the sale nets more money than the loan’s value. So if for example $4000 were owed on a car, and it auctioned for $6500, who gets the extra $2500?

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Home Sales Drop More Than Forecast

Home Sales Drop More Than Forecast Sales of U.S. previously owned homes plunged 27 percent in July, twice as much as forecast, evidence foreclosures and limited job growth are depressing the market. Read more on BusinessWeek

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Sales of U.S. Existing Homes Fall More Than Forecast

Sales of U.S. Existing Homes Fall More Than Forecast Sales of U.S. previously owned homes slumped more than forecast in July and the number of unsold houses swelled, evidence the market is depressed by foreclosures and limited job growth. Read more on BusinessWeek

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More housing for city?

More housing for city? ATTLEBORO – A bad economy burdened with a down housing market isn’t deterring developers who are hoping to rezone about 10 acres of industrial land off lower County Street to build houses. Read more on The Sun Chronicle

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