Archive for August 10, 2007

California Property Foreclosures The News Isn’t Getting Any Better At The Moment

Much like the rest of the country the news out of California regarding home foreclosures is particularly gloomy. Increases in foreclosures in this state are climbing at astronomical rates, over 160% by some counts, and the trend shows little sign of slowing down. As with all other states California is no different in that foreclosures are occurring because of conditions arising in which homeowners are unable to make their mortgage payments.

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When to Decide on a Short Sale to Avoid Foreclosure

When you are facing foreclosure and you have tried everything to save your home, but you still can not find a solution, you may want to consider selling your home. It is unfortunate, but sometimes you have to step back and think about what is best for you and your family. Losing your home may be hard, but the stress of hanging on to something that will eventually be taken away is even worse.

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