Here is a article from aol that talks about Foreclosures from state to state. This is a good thing for investors. All of those interest only loans coming back to bite people who didn’t understand how to use them.
http://aolsvc.aol.com/realestate/indexe.adp?ref=ws
Your Thoughts,
Joe B
All of those interest only loans coming back to bite people who didn't understand how to use them.
You are right. People who were buying more house than they needed or could afford are feeling it, too.
check into foreclosures in the New Orleans market there will be alot.