News Stories Tagged "foreclosure"

Ex-Owners Turning Aggressive in Efforts to Resist Leaving

Ex-Owners Turning Aggressive in Efforts to Resist Leaving

One former homeowner rigged his front door with coffeepots filled with boiling water. Another left piles of ferret feces. Hidden compartments have been used as living spaces, with people hiding in attics, tool sheds and garages to elude police. Read story and 14 comments »

Thousands In N.Va. Face Tax Increases

Rise Comes Despite Officials' Efforts

Thousands of homeowners in Northern Virginia will see a jump in their real estate taxes this year despite the efforts of local officials who have slashed programs, raised fees and laid off workers to keep tax bills affordable during tough economic times. Read story and 1 comment »

Area Housing Market Shows Some Life, but Prices Still Falling

First-Quarter Home Sales Jumped 15 Percent, Study Says

The Washington area's housing market showed signs of recovery in the first quarter, but has not hit bottom yet and probably won't do so until 2010 at the earliest, according to a study scheduled for release today. Read story and 1 comment »

County Given Federal Funds to Purchase, Renovate Foreclosures

County Given Federal Funds to Purchase, Renovate Foreclosures

Loudoun County will receive $2 million in federal money to provide loans and purchase and renovate foreclosed houses in areas hit hard by the financial crisis. Read story and 6 comments »

Brian Moran Outlines Steps He'd Take on Foreclosures

Brian Moran Outlines Steps He'd Take on Foreclosures

Democrat Brian J. Moran provided the broad outlines yesterday of how he would tackle the fast-growing foreclosure crisis if he is elected Virginia governor in November. Read story »

Foreclosure Assistance Is on the Way

Va. Officials to Funnel Millions in Federal Aid

Housing officials in Northern Virginia and Richmond are meeting this week to determine how to allocate $46 million in emergency federal aid set aside to stanch the region's foreclosure crisis. Read story and 2 comments »

Supervisors to Scrutinize Budget Sooner

County Goal Is to Control Costs, Stem Shortfall

Facing a projected $176 million budget shortfall next fiscal year, Loudoun County supervisors say they plan to get an early start in reviewing department needs and will work closely with the School Board to control spending. Read story and 5 comments »

Foreclosures Nearly Triple in Virginia Since July '07

Last Month's Rate 10th Highest in U.S.

Foreclosures in Virginia nearly tripled last month compared with July 2007, with Northern Virginia accounting for more than half of the foreclosures. Read story and 1 comment »

Loudoun Building Boom Buckles Under Economic Strain, For Now

Loudoun Building Boom Buckles Under Economic Strain, For Now

During the first six months of the year, the number of foreclosures in Loudoun almost matched the number of new homes permitted. Read story and 29 comments »

Board Votes to Send Crews to Fix Lawns

Board Votes to Send Crews to Fix Lawns

Aggressive Policy Aims to Weed Out Blight

The Board of Supervisors voted Tuesday to enact emergency legislation to allow the county to step in and mow the overgrown lawns that have proliferated around eastern Loudoun and that some say are a black mark on their neighborhoods. Read story and 7 comments »

County Program Offers Financial Counseling

In the past year, Guy Johnson of the Loudoun Volunteer Financial Council has helped nearly 50 Loudoun County families balance their checkbooks, improve credit scores and navigate the foreclosure landscape. Read story and 1 comment »

Unkempt Properties Are Closer to Clean Up

Unkempt Properties Are Closer to Clean Up

Supervisors Back Several Proposals

The Loudoun County Board of Supervisors on Tuesday moved toward cracking down on unkempt lawns and other signs of neglect that residents say have diminished living conditions in neighborhoods in the eastern part of the county. Read story and 1 comment »

County Workers Might Buy Foreclosed Homes

Virginia officials are joining the parade of local governments trying to cope with the rising tide of foreclosures by offering free mortgage-assistance clinics to homeowners at risk. Read story and 1 comment »

Luxury Foreclosures

Luxury Foreclosures

Growing Number of Affluent Homeowners Can No Longer Afford Their Mortgage

For sale: Spacious home outfitted with six bedrooms, 5 1/2 baths, granite countertops, stainless-steel kitchen appliances, a three-car garage, exercise room and wet bar — all for $875,000 in the Red Cedar West subdivision of Leesburg where houses once sold for $1-million-plus. Read story and 5 comments »

County Offering Foreclosure Help

Workers at the Loudoun County Department of Family Services have been trained to provide counseling to residents facing the threat of home foreclosure, officials announced this week. They said the employees recently were certified in loss mitigation counseling. Read story »

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