With the real estate boom of several years ago behind us, many Americans are facing losing their homes, and that sellers market that had home prices soaring and people scrambling to buy has made a downturn. Home foreclosures are on the rise every day, and, in fact, some real estate professionals and economists are calling todays real estate market conditions a home foreclosure boom.
Homeowners who are facing home foreclosures are likely devastated to realize that what they thought was a great investment has turned sour; there are even some who are simply walking away from the houses and mortgage payments that they fought so hard to get just a few short years ago. Faced with an uncertain economy, unemployment, skyrocketing costs of living, and an iffy-at-best real estate market, lots of other folks who would otherwise be unlikely to shy away from purchasing a home are afraid to buy real estate.
Whether you are a homeowner faced with a possible foreclosure, an investor considering the possibility of buying property while the buyers market is upon us, or a regular Joe who needs a place to live, it is possible to evaluate your circumstances and goals, take a look at...
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