Did you know that foreclosures and short sales actually go hand in hand, tied at the hip so to speak. This is because amid the current crisis of the real estate market and the home loans crisis—which is putting many lenders out of business all together—foreclosures and short sales are actually a marriage of sorts. One that offers struggling home owners with a second chance... Read More
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If you want to help someone prevent foreclosure and are in the market for a home, consider asking your Realtor to find some short sale homes that are for sale in the neighborhood in which you want to live. There are so many foreclosures and short sales available in many housing markets, so if you are in the market, it couldn't be a better time to buy. If you need a home in... 
Foreclosures and short sales were not nearly in the headlines back in 2005 as they are today. According to numbers from Standard & Poor's/Case-Shiller Index, resale on homes has dropped 30 percent in San Diego. San Diego is place associated with high home prices. Even after this 30 percent decline the median home price is 364,000 dollars. Compared to the national median... 
It may be a mute point to people already defaulting on their mortgage loans but in order to prevent foreclosure common sense has to be applied. The word common sense seems like something everyone would understand but that is not the case and we are paying for it now with foreclosure rates increasing every month and banks scrambling to cover billion dollar loses.
