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photo credit: EdTarwinskiAbout five years ago the real estate market was a flipper’s paradise. Now it?s turning into a foreclosure nightmare. But some savvy real estate investors are turning these foreclosures into cash making opportunities by purchasing homes and then renting them. If the lightbulb just went on over your head, you’d betting pull on a lampshade and consider the nitty gritty details before diving into a foreclosed property investment.
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photo credit: respres

The current real estate situation is causing some unexpected problems for renters. When landlords foreclose it leaves many tenants in the scary situation of not knowing whether they’ll have a place to live or if they’re going to be out on the street once the foreclosure happens.

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photo credit: salimfadhley

We all know that there is a housing crisis. We all know that people across the nation are facing foreclosures. And we keep hearing that the government is doing everything possible to mitigate the problem. But reports about foreclosure rates in the first quarter of this year seem to indicate that the government’s efforts aren’t enough to stop foreclosures from happening. (more…)

credit: karlfrankowski

Owning a home is the basic foundation of achieving The American Dream. For minority cultures in America, homeownership has historically been a milestone revealing that they have made it here in this country. As a result, many cultural communities are concerned about the fact that the recent home foreclosures sweeping the nation have created a setback for the minority homeowner.

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