Articles About foreclosure
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Home Inc. offers workshop — Village foreclosure rate high
Losing one’s home to foreclosure is most often traumatic. Foreclosures hurt communities, too. Though Yellow Springs has weathered the housing crisis well with only a small dip in home sale prices, foreclosure rates are relatively high here and may be on the uptick.
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Lawyers offer foreclosure support
For at least one Yellow Springs homeowner, the past year has been unforgettable. In the fall of 2008, his mortgage company granted him a three-month forbearance on the monthly payments for his home in the village. Having no steady income due to an ongoing health issue, the homeowner received a second forbearance in early 2009, and then was told in the spring that unless he could begin making his monthly $1,000 mortgage payments, the lender would begin foreclosure proceedings on his house.
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