foreclose.01
frames- [ARG1-on Many troubled properties] have [ARGM-NEG n't] been [rel foreclosed] on *-2 and are hard 0 * to identify *T*-4 , says 0 *T*-3 Albert I. Berger , who *T*-1 heads the Secaucus , N.J. , office of Helmsley-Spear Inc. , a real estate brokerage .
- The Federal Housing Administration , Veterans Administration and the Department of Housing and Urban Development further aggravate the problem of affordable housing stock by `` *-3 buying in '' to their [rel foreclosed] [ARG1 properties] -LRB- of which there are , alas , many *T*-1 -RRB- at an inflated `` balance due '' -- * say $ 80,000 *U* on a house worth $ 55,000 *U* -- instead of allowing a free market to price the house for what it 's really worth *T*-2 .
- 1 -RRB- [rel Foreclosed] [ARG1 homes] could be sold *-1 by the FHA for no down payment -LRB- the biggest obstacle to young buyers -RRB- , but with personal liability for the mortgage -LRB- no * walking away by choice -RRB- .
- Together , the six government-controlled or essentially insolvent Arizona thrifts have tangible capital of a negative $ 1.5 billion *U* , [rel foreclosed] [ARG1 property] of $ 1.8 billion *U* and pastdue loans of $ 1.63 billion *U* .
- Other lenders have been recovering only 50 cents to 60 cents on the dollar on [rel foreclosed] [ARG1 Arizona] property , if they can sell it at all .