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Aug. 20, 2008 | S.E. Texas' Legal Journal
 
NEWS

Recent real estate foreclosures in Jefferson and Orange counties

7/23/2008 3:00 PM
By David Yates

Jefferson County

  • U.S. Bank National Association has filed a foreclosure application against the property of Eric and Danielle Williams, located at 3970 Sunburst Drive, Beaumont, Texas, 77706.

    The application was filed July 17 in Jefferson County District Court.

    The original loan was for $80,000. The amount owing is $82,959.73.

    The lender is represented by the Barrett Daffin Frappier Turner & Engel law firm.

    Case No. E182-075


  • Delta Funding Corp. has filed a foreclosure application against the property of Darlene and James Hall, located at 5250 Sunbury Drive, Beaumont, Texas, 77707.

    The application was filed July 21 in Jefferson County District Court.

    The original loan was for $39,375.

    The lender is represented by the Brown & Shapiro law firm.

    Case No. E182-095


    Orange County

  • Washington Mutual Bank has filed a foreclosure application against the property of Joe Aubery Lea Sr., located at 1030 Pine Cove Street, Vidor, Texas, 77662.

    The application was filed July 10 in Orange County District Court.

    The lender is represented by the McCarthy, Holthus & Ackerman law firm.

    Case No. B-080263-c


  • Indymac Bank has filed a foreclosure application against the property of David Sonnier, located at 13810 Duncan Woods Lane, Vidor, TX 77662.

    The application was filed July 14 in Orange County District Court.

    The original loan was for $200,000. The amount owing is $199,017.34.

    The lender is represented by the Hughes, Watters & Askanase law firm.

    Case No. B-080269-c


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    COMMENTS ON THIS ARTICLE

    Foreclosures are just beginning
    Property values still have a long way to tumble. They will probably even dip below equilibrium value as defined by the property's P/E Ratio.

    You can find online calculators for P/E ratio like this one:
    http://www.howtosellyourhouse.net/value.html

    Then you see that prices have a long way to tumble.
    Not pretty.
     - Donatello Tomasso (7/23/2008 5:37:09 PM)

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