Foreclosure Is Becoming a Reality for More and More People
Real Estate News From CoStar Group
Foreclosure is becoming a reality for more and more Americans and thousands of others are finding it difficult to make monthly payments. When the inner workings of the housing market start to disintegrate, a lot of homeowners find themselves in dire straits. Foreclosure is becoming increasingly common these days and many more are having trouble making their monthly mortgage payments. Source: Real-Estate:Foreclosures Articles
For a number of years now I have been advising people to have a decent down payment (not only 10% but more). Those who listened to my advise aren't having issues making their monthly payments, those who didn't even though they could afford it, are in hot water.
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