Here is a link to a great video discussing the current market and the impact of home prices on future foreclosures. The real problem is home owners that owe more than 20% over what their homes are valued. Take a look and let me know what impact you think you will see in your market.
Wall Street Journal Underwater Home Video
If you need a short sale expert to help with your home or that of your client, please give me call. We make the process as painless and paperwork free as possible.
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