FREE foreclosure listings, BIG savings and more now available for ‘Hometown Heroes’ at Foreclosure.com

Foreclosure.com is giving back through its Hometown Hero Community Stimulus Program, saluting important community members nationwide with a special limited-time savings offer that will help them find their dream homes at prices they can afford.

Police officers, teachers, military personnel, nurses and everyone else who dedicates their lives and careers to helping others are now eligible to receive a FREE 7-Day Trial, as well as 25 percent savings on a monthly Foreclosure.com subscription — already among the lowest in the business — to search the best database of distressed real estate listings in the United States.

In addition to the limited-time offer, which expires on Dec. 1, 2009, along with the American Recovery and Reinvestment Act, Foreclosure.com will provide a local real estate agent or broker from its successful Community Expert Program to help these interested individuals find their dream homes at prices they can afford.

It’s a one-of-a-kind program that we at Foreclosure.com are very excited to introduce. Here’s a snip from our Vice President, James Houston, from a recent press release:

“We’re in the midst of an amazing buyers market, which has presented these individuals with great opportunities to live in the houses and communities they want rather than having to settle for less. So Foreclosure.com is doing its part to make that happen with this special program…. The prices are right. It’s only a matter of time before the market begins to rebound, mortgage rates start to climb and the government incentives expire. Foreclosure homes are also being gobbled up at a break-neck rate. The time to buy really is right now.”

If you are a “Hometown Hero” and are interested in taking advantage of this money-saving program from Foreclosure.com please visit www.foreclosure.com/hometownhero for eligibility requirements and to begin your home search today.

Cheap foreclosures keep real estate agents and others busy (Video)

Existing homes sales data increases thanks to foreclosure homes

First it was new housing starts and now it’s existing home sales.

National Association of Realtors(R) today issued a report that should be considered more good news for the struggling national housing market, revealing that the sale of existing homes increased 5.1 percent between Jan. and Feb. 2009.

The annual rate grew from 4.49 to 4.72 million units during that span, which marks the largest jump from month-to-month since July 2003. The reason?

Foreclosures!

Yep, the report indicates that smart buyers gobbling up discounted foreclosure homes is likely the reason behind the spike. We keep telling you … strike while the iron is hot! These amazing real estate deals clearly don’t last very long.

To search Foreclosure.com for the best deals in your area click here. It’s FREE for seven days.

Cave House foreclosure rescue effort underway in Missouri


Curtis Sleeper and his cave-dwelling family appear to have found a way to remain in their one-of-kind 15,000 square foot home inside a Festus, Mo., cave.

Associated Press reports that a 15-year low-interest mortgage contract has been offered to help the Sleeper’s extend their stay indefinitely, which is of course cause for celebration.

Here’s a snip from Mr. Sleeper on the positive development:

“We’re excited about it. We’re throwing a party at a friend’s cave…. It’s certainly been almost life changing — except I’m keeping my cave, so not that life changing. I’d love to hear the end of the story read, ‘and they lived happily ever after.’”

It sounds like it will. And he more than likely has himself to thank for it after an impressive local grassroots public relations effort turned into a major national story.

Indeed, his initial listing on eBay to sell the home, which is situated on a scenic three-acre lot, at a starting bid of $300,000, as well as his heartfelt story behind its creation, was an Internet and cable news sensation.

For more details on the amenities and all the blood, sweat and tears that went into building “Cave House” be sure to check out Sleeper’s very detailed Web site right here. And to check out the eBay listing go here.

But be sure to do it fast before the Sleeper’s spelunk back into the cozy confines of their cave and return to relative obscurity.

Simpsons face foreclosure on Springfield home (Video)

Even the homeowners in the soon-to-be longest running sitcom on television ever (21 years), Homer and Marge Simpson, are having trouble making their mortgage payments: