Tag Archives: Distressed Homeowners

Housing Recovery Depends on Slashing Mortgage Debt

(Read More: Mortgage Deduction Is Popular, but Few Claim It) “The prospect of being taxed on potentially tens or hundreds of thousands of dollars in additional income may motivate more distressed homeowners to forgo a short sale and allow the … Continue reading

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Notices of default up, foreclosures down in third quarter

The number of Napa County homes entering the foreclosure process jumped 18.5 percent in the third quarter compared to the same quarter in 2010, according to DataQuick, a real estate information service.  A total of 263 notices of default were … Continue reading

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