Posted on November 30th, 2010
According to The Business Journal, foreclosure rates in Wisconsin in October dropped by 1.6 percent from September. However, October foreclosure rates were still 11.7 percent higher than those in October 2009.
Compared to other states, Wisconsin ranked 17th worst with a total of 4,815 properties foreclosed in the month of October or one out of every 534 houses in the state.
Nationwide, foreclosures also saw a decrease of 4 percent from September. In October, a total of 332,172 properties were foreclosed across the country or one in every 389 households.
If your home is facing foreclosure and you would like to discuss your options, contact the experienced Milwaukee foreclosure defense lawyers of DeLadurantey Law Office, LLC at 414-377-0518 today.
Posted on June 17th, 2010
An older Milwaukee office building, The Underwriters Exchange Building, is for sale after it was foreclosed upon last week. The eight-story, thirty-seven thousand square-foot building was built in 1924. Located on 828 North Broadway, it is on sale for over $1.6 million by Wangard Partners. The building has an occupancy rate of only 37 percent.
The Underwriters Exchange Building has been targeted by banks before for foreclosure. Associated Bank filed a foreclosure lawsuit against the building in 2008. A Milwaukee investment group who guaranteed a loan to the bank gave them $1.5 million. The bank has used some of that money to hire the company that is selling the property.
If you or someone you know is facing foreclosure, contact the Milwaukee foreclosure defense lawyers of the DeLadurantey Law Office, L.L.C. by calling 414-377-0518.
Posted on November 20th, 2009
As families and individuals are still recovering from the recent economic crisis, more and more homes are going into foreclosure. Banks have foreclosed on houses for a variety of reasons, but the most typical case occurs when debtors fail to make their payments.
While banks typically have the right to foreclose on homes, homeowners usually have some defenses. For instance, some homeowners may contend that they are not behind on their debt payments or that their banks raised rates unfairly.
If you or anyone you know is considering contending a foreclosure, contact the Milwaukee foreclosure lawyers of the DeLadurantey Law Office, LLC, at 414-377-0518.
Posted on September 30th, 2009
One of the most troubling times for any family is when it is faced with the prospect of foreclosure. Whenever a bank threatens to foreclose on a home, many people believe they are defenseless.
However, the homeowners have rights and can fight about against the banks. And in some cases, the homeowners may discover that the banks tried to deceive them in order to foreclose the home earlier than necessary.
Such deceptive practices by banks are becoming more common during the recent recession. Because of the troubling economic times, banks are trying to foreclose on homes as quickly as possible to acquire cash and other assets. However, most people have the right to fight back against the bank.
If you have been threatened by your bank with a foreclosure, contact the Milwaukee foreclosure defense lawyers of the DeLadurantey Law Office at 414-377-0518.
Posted on August 19th, 2009
Foreclosure filings in Wisconsin hit a new July record with 3,817 property owners filing for foreclosure, according to a report released by RealtyTrac, Inc. That translated into one in every 671 Wisconsin homes filing for foreclosure.
The filings increased 87 percent over July in 2008. That figure compares to an 8 percent increase over June foreclosures.
Across the nation, more than 360,000 homes filed for foreclosure, marking a 32.2 percent jump over that figure in July 2008.
If you or anyone you know is considering a foreclosure filing, contact the Wisconsin foreclosure lawyers of DeLadurantey Law Office, LLC, at 414-377-0518.