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Foreclosure Bay Inspections Network
Froeclosure Bay Inspections Network FAQ #03
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Foreclosure Inspections FAQ #03
How did so many homes
foreclose in Bay and why?
Is there a solution?
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There are many factors to consider in regards to the number of homes that property
owners foreclosed on in Bay.
It is common knowledge that during the “Housing
Boom” it was easy to obtain property and/or a home without having personal financial
information verified and the case for many new homeowners in Bay.
In addition
many existing Bay homeowners obtained refinancing of there homes for Home
Improvements, access to Financial Resources and for various other reasons in Bay.
During
this time Mortgage companies also providing false information to obtain the loan
for Bay Homeowner applicants.
In Bay many homeowners when faced
with not being able to meet the requirements of the Mortgage Companies also found
that they owed more money on the home then the home was actually worth in Bay
As
a direct result foreclosures of Homes in Bay have reached staggering numbers
and now effects us all to include Bay.
There is a solution for our economy.
Bay foreclosed properties must continue to be sold, that we move back in
our homes in Bay.
The time to buy a foreclosed Bay property is now,
not down the road. The Economic Crisis will end when we move back into our homes.
Before
you make any purchase on a Foreclosed property in Bay, have a Licensed Engineering
Inspection First for peace of mind.
Estimated 100,000 Homes are affected.
It is important that you have a Drywall Inspection
to insure your Family & Home Safety. Source
Florida Foreclosure Inspections Network Serving Bay and Florida Statewide