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A few years ago, if you had a bankruptcy or a foreclosure on your credit report, you could forget about trying to get a mortgage loan. If you were lucky enough to find someone who would finance you, your interest rate would be through the roof and plan on putting 10-20% down.But today, this is not the case. There are
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These days, since we have the web at hand, it's child's play to discover things we need concerning foreclosure prevention. Not too long ago the only choice to find tips on foreclosure prevention was a public library -- and we can remember these times pretty good, can't we? Do you want to go back in time? I don't think so. Now there's loads of hints
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Foreclosures are on the rise nationwide, and the Phoenix, Arizona area, including greater Maricopa County, is not immune from this trend. There are over 0 BILLION worth of mortgages in foreclosure right now, nationwide. This is a staggering statistic. Those in this unfortunate situation often have to try to sell their house, but can find it impossible to do before
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While driving around your community, you may have seen signs posted on telephone poles that offer "foreclosure help." These seemingly generous offers to help financially troubled homeowners who are in danger of losing their homes to foreclosure are actually scams. Typically, the "help" comes in the form of an offer to buy the home for a reduced price from the
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