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Foreclosure- The Flip Side of Easy Lending Practices

For many homeowners who are not watching real estate market trends on a daily or weekly basis, the barrage of articles regarding the increase of foreclosures doesn't seem to make any logical sense. What many of these homeowners were not aware of was the lending industry's trend in relaxing the traditional lending guidelines in the past few years which in part fueled the real estate boom. Now the situation has become a dire one for many home buyers who purchased homes in the past few years as lenders begin to tighten their guidelines and/ or their mortgages interest rates adjust.... View the rest of this article by visiting BuyerBeWhere.com at the link above...


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