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The current foreclosure crisis strikes at the heart of the American economy, the homeowner. Homeowners across the nation are being forced to leave their most prized investments and face financial instability. As if this was not shameful enough, many homeowners are being defrauded by so-called "Foreclosure Specialists." In reality, these specialists are small businesses dedicated to preying upon unsuspecting homeowners facing foreclosure. Many of these businesses promise financial ...
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Many daily newspapers are asking a question I have asked for a long time before the residential real estate bubble finally burst, and foreclosures, not sales, became the norm. The question is "Who was to blame for the rapid increase in real estate prices and most of the obvious fraud that followed, resulting in the worst foreclosure crisis in American history?" The answer is long and complex, hence the lawyers have jumped on board to sift out the blame and figure out who deserves to be ...
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There are many economic and market forecasts and predictions, however the bottom line is if you want to buy your first home—there is no wrong time. There is because the motivation to buy is not determined by regional market conditions or by location. Industry opinions, economic reports and investor speculation do not sway or predict when a particular individual will be ready to buy. For the great majority of folks, the most compelling reasons to buy a home are based on individual ...
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