Posts Tagged ‘foreclosures’
Long after recovery, the housing wealth gap in Richmond is worse than ever
As the country continues to recover from the economic crisis, and housing prices in the Bay Area have quickly resumed their ascent, Richmond is stuck in the biggest wealth gap in housing it’s ever known.
Read MoreForeclosure prevention program may not assist those most in need
Richmond Confidential obtained a list of 602 of the 624-targeted mortgages, which we’ve mapped. When comparing a map of the homes the city has targeted for assistance to a map of foreclosed properties in the city, one thing is clear: They’re pretty different.
Read MoreBacked by new law, homeowners in Richmond, Oakland, fight to protect homes from foreclosure
When Oakland resident Debi Mason set out to prevent mortgage associates from the Bank of America from foreclosing on her sister Patricia’s Maxwell Park home in 2007, she had only a few friends, neighbors and advocacy groups to help fend off the foreclosure. But last week, Mason, along with thousands of homeowners in Bay Area…
Read MoreEvicted pastor joined by police chief, county supervisor in denouncing bank, asking for support
Pastor Sydney Keys of the recently evicted Bible Way Community Church in Richmond joined community leaders Tuesday to denounce the church’s mortgage holder, Torrey Pines Bank, for foreclosing on the church last week, and asked the community for financial support.
Read MoreTax liens coming soon for city’s nuisance properties
The City of Richmond will begin levying over $750,000 in property-tax liens next month against out-of-compliance owners of vacant, abandoned or blighted homes.
Read MoreBank-owned homes cost city time, money
Nearly 1,000 homes in Richmond are bank-owned, but many banks have failed to keep them maintained. So city code enforcers are spending big bucks and countless hours securing vacant properties and chasing down the banks that own them.
Read MoreForeclosures lead to mental stress
Besides the financial stress experienced in foreclosure, people may also suffer from severe mental stress, which can affect their physical health.
Read MoreCool-headed cop has eye on crime reduction
He walked from a work car to his SUV, lifted the hatch and dug into his personal items, sifting in the methodical way he does most things. A bottle of clear hand sanitizer. A handy flash-drive that holds all his reports. A cache of shells and a sleek, black shotgun. Just after 8 a.m., the…
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