Buying a Property at Auction, Is it For You?

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While you were inline at Starbucks getting your Redeye, properties are being sold and money is changing hands. Art Rossi couldn’t believe his eyes. The 47-year-old Los Angeles resident was looking at Los Angeles County’s monthly home auction for the first time with dreams of someday making a great deal on a foreclosed home. He [...]

Increased Foreclosure Rates In US

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By: Mark Jones The recent housing market boom has left many people in homes that they cannot afford with loans that they never should have been granted. This is resulting in a 72% increase in foreclosures from 2005 to 2006 according to recent reports. Foreclosure rates are increasing in 2007 due to lack of home [...]