ABiz -> Acadiana Business THU, APR 14 12:05PM by Walter Pierce

La. foreclosures rise

Nearly 1,400 homes in Louisiana were taken back by lenders in the first quarter of 2011, according to national foreclosure tracking firm Realtyrac. For the January-March period, 5,275 properties in the state faced some type of foreclosure-related activity ranging from default notices to repossession.

Overal foreclosure actions in the state jumped 10.8 percent from the fourth quarter of last year and were up an alarming 34.4 percent compared to the first quarter of 2010.

Read more here.


Walter Pierce
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Comments (2)add
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written by Gaius Cilnius Maecenas , April 14, 2011 - 10:30 pm
Thank you Walter. This is right up my alley! I am busy reading three Real Estate books on what errors & secrets one should know before buying property. I want to acquire property in Lafayette that does not enrich unduly the mortgage brokers, the land developers or the local bankers.
I am definitely going to check out "Realtyrac" after this posting.
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written by NORTHSIDIAN SHOTGUN , April 21, 2011 - 10:26 am
Maecan't, you are so correct, you need to check out the "Realtyrack..
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