In some areas of New York, as many as 10 homes per block faced foreclosure last year- [2007]. The reason: subprime mortgages offered by unscrupulous real estate brokers and predatory lenders, according to a new study on the epidemic of...
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In some areas of New York, as many as 10 homes per block faced foreclosure last year- [2007]. The reason: subprime mortgages offered by unscrupulous real estate brokers and predatory lenders, according to a new study on the epidemic of citywide foreclosures. The crisis has even spawned a new group of real estate predators that offers to counsel homeowners in default, or "help" them refinance their homes. If you are in trouble, you may be able to meet "Angel" investors here who are willing to help you out.
Wikizines are interactive magazines that anyone can create or edit - and this one is called "New York Home Foreclosures". Here you can find fresh voices and respond in real time. Some members write articles about recent news and trends related to the wikizine's topic, others recount relevant personal stories or share their favorite pictures and video clips. Got an interesting idea or story to share with other members of this wikizine? Well, then put on your journalist's cap and add your own...
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I'm renting now, but I'm ready to jump into the Real Estate market and purchase my first home. I'd like to know where and how to get in touch with bank representatives who control the lists of homes that have been foreclosed on.
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