Real Estate News – July 29, 2012




Real Estate’s Latest Mess: Big Banks Now Face Foreclosure (via Forbes.com): http://ow.ly/czu4z


Charities help pets when foreclosure victims can’t (via Kansas.com): http://ow.ly/czu7r


Foreclosure Prevention Business Owner Pleads Guilty in Major Mortgage Fraud Scheme (via loansafe.org): http://ow.ly/czu9K


Woman fights HOA to keep home after $589K of invalid fines (via wcnc.com): http://ow.ly/czubs


Feds settle housing-discrimination suit against Santa Rosa, HOA (via northbaybusinessjournal.com): http://ow.ly/czudf


Hilton Head woman continues beachfront property battle (via islandpacket.com):
http://ow.ly/czuiQ


Bill Seeks to Stop Second-Lien Holders From Killing Short Sales (via REALTORMag): http://ow.ly/czup0


A woman in Beaverton, Ore., is using the story of her divorce to try to sell the bungalow home that she once shared with her now ex-husband. She recently posted a sign outside her for-sale home that reads “Husband left us for a 22-year-old. House for sale by scorned, slightly, bitter, newly single owner” (via REALTORMag): http://ow.ly/czusa


The rapper Common found himself the target of a common foreclosure action by Bank of America. The bank says that Common is $345,389 arrears on his Chicago condo (via Reuters.com): http://ow.ly/czuD6


A home buyer sued his real estate agent after he broke his ankle, wrist and elbow while previewing a home for sale. However, a judge last week ruled that the real estate agent was not liable for home buyer Michael Davies’ injuries (via REALTORMag): http://ow.ly/czuHW