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Foreclosures and impact to you - 09/01/07 12:42 AM
Authored by Kiran & Kiranhttp://www.homesandloansphx.com/ 602-550-4842
Your home value suffers:  According to the Center for Responsible Lending, foreclosures in your area can hurt your property value. In fact, for every home that goes into foreclosure in your neighborhood, your property value drops by about 1 percent.  So, if you have five foreclosed properties in your neighborhood, your home will fall about 5 percent. And it will stay depressed for at least two years, Click here to find the link to (Link #8) see foreclosures are in your area,
Harder to re-finance:  The foreclosures are pushing many lenders to the edge and that … (1 comments)

 
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Kiran & Kiran

Laveen, AZ

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