Real Estate News – July 29, 2012

Real Estate’s Latest Mess: Big Banks Now Face Foreclosure (via

Charities help pets when foreclosure victims can’t (via

Foreclosure Prevention Business Owner Pleads Guilty in Major Mortgage Fraud Scheme (via

Woman fights HOA to keep home after $589K of invalid fines (via

Feds settle housing-discrimination suit against Santa Rosa, HOA (via

Hilton Head woman continues beachfront property battle (via

Bill Seeks to Stop Second-Lien Holders From Killing Short Sales (via REALTORMag):

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):

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

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):