Unfortunately, I don't see foreclosures ending any time soon.
The problem is just too big to get a handle on.
Everyday more people are surrendering their homes or selling short sale.
Banks are adding to the problem in taking so long to respond to home owners efforts
to modify their exsiting loans.... more
There is actually a short sales in Longford Crossing right now, so that could be a open door of opportunity. The people that purchase 2 years ago paid upwards 290K and the builder is now starting in the 250's. Unfortunitly there are a lot of people that are upside down in that community. With the changing market Pulte has made many price adjustments and are offering incentaives to complete the construction of that community as quickly as possible.... more