Q: Where are all the good deals now that foreclosures in Maryland have decreased numbers?
A: I got news for you. Foreclosures have NOT decreased, on the contrary, foreclosures for the state of Maryland have increased when you compare it to last year’s numbers.
According to the latest “Corelogic National Foreclosure Report” Foreclosures in the nation, have dropped down 34.3 overall since December 2013. The bad news for Maryland is that we are in the top 7 states with the most foreclosures as of February 2015
Is hard to understand that Maryland is put with the like of Florida, Nevada, New Jersey and a few other states that are well known to be always in trouble when it comes to jobs, deficits and housing speculation.
Why are we ranking so high in foreclosures when we lead in the jobs market and low unemployment numbers?
The answer is simple, Maryland simply was too protective of its citizens, providing us with all types of programs and benefits to keep lenders from foreclosing their properties.
There are families still living in Maryland that did not make a single mortgage payment in the last 2 years…some even longer!
Completely different of what our neighbor state of Virginia did for its citizens. Not only they did not protect them… but encourage
Read more ways to protect your house by going to Maryland Hope Website
Stats and more information provided by: SimplifyingTheMarket.com
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