Foreclosure Rates are Climbing

All across the country, foreclosure rates are reaching historic highs. The current upward trend in the home foreclosure rate can be attributed to many factors. Perhaps the biggest factors include rising unemployment and strict lending qualifications. Homeowners are finding it hard to pay their mortgage as unemployment increases and their wages decrease. Plus, many homeowners are now faced with adjustable rate mortgages that are creating large payment increases. Unfortunately, they cannot refinance their loans because of strict lending guidelines.

Home Foreclosure Rate Brings Opportunity

As the home foreclosure rate rises, the market values for real estate drops. This creates an excellent opportunity to invest in the housing market. We scour multiple sources of HUD, FHA, Government owned and REO properties every day to bring you the freshest listings of foreclosure properties available anywhere. Because of today's climbing national foreclosure rate, you can buy these cheap properties at up to 50% less than current market values. And with potential tax credits, there has never been a better time to use our listings to invest in real estate.