As the economy gets worse and individual debt soars, American home ownership is rapidly changing. Top level jobs for wage earners are becoming scarce. As people default on their mortgage payments, banks have little recourse but to foreclose.
Actually this has opened new opportunities for real estate investors who buy and profit from bank foreclosed homes.
As the economy gets worse and individual debt soars, American home ownership is rapidly changing. Top level jobs for wage earners are becoming scarce. As people default on their mortgage payments, banks have little recourse but to foreclose.
Actually this has opened new opportunities for real estate investors who buy and profit from bank foreclosed homes.