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Real Estate & Property Law

: The Home Equity Theft Reporter

Long Foreclosure Process Makes "Free Rent" Option Appealing To Some Financially Strapped, "Underwater" Homeowners

By r morris

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In Grand Junction, Colorado, KJCT-TV Channel 8 reports:Foreclosure rates in Mesa County continue to be well below the national rate, but people are staying longer than ever in houses they're no longer making payments on. A look at the latest numbers shows people in foreclosed Colorado homes are staying in their houses for an average of 331 days before being forced out. That's nearly a year with

Full post as published by The Home Equity Theft Reporter on June 08, 2010 (boomark / email).

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