With the state of the financial markets at the moment this is greatly impacting also on the real estate market. Currently we are seeing an increase in the number of people who are having to foreclose on their homes simply because they cannot keep up their mortgage repayments. In this article we look at ways of selling your Tucson home or Pittsburgh home without losing out too much on its value.
Daily Archives: January 15, 2009
In this current real estate crisis, many people are loosing their homes either because they can\'t make the payments or are walking away because their house is worth less then the amount owed. It was reported by CNBC on July 24 that foreclosures now represent half of all the homes sold in the US. Although this is downright scary to a highly leveraged homeowner or speculator this is also an opportunity of a lifetime for anyone looking to buy real estate at these depressed prices.
Pre-foreclosures – Locating the Ideal Neighborhood to Buy a Home
Because of the current financial situation around the world the real estate market is not as strong as it was and it has now become a buyer\'s market. Even though being able to buy a Columbus home or a home anywhere else has certainly become easier you still need to work out what your offer price is going to be.