Foreclosure workshops are starting in record numbers - should you get in?
Foreclosure has become a buzz word. With the recent record numbers, particularly when it comes to sub prime mortgages, foreclosure is the latest "novel" way on getting rich. The bank auctions and sheriff sales are reporting unusually high attendance. Moreover, the workshop that teach how to make money on foreclosed properties are being advertised. I wonder who is pushing them? Probably the same characters like those financial gurus - Carleton H. Sheets and Robert G. Allen. That is really scary, when people like them get into something, it is high time to get out. Soon each of you will be going against hundreds of future Casey Serins.
Meanwhile, in Detroit, you can buy a house cheaper than a decent used car.
Million dollar homes are foreclosed. This is really fretting some, who don't want to understand that a million dollar home is a simply artificially inflated half-a-million one. Inflated by the same money that lenders threw around just few years back, and now are calling back.
Tue Apr 3, 2007 02:04PM | Copyright: www.bad-credit-advisor.com | More in Economy | Comments (0)
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