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    Why Are Foreclosures Like The Superbowl, World Series and Summer Olympics?
    by Robert Lam


    Imagine if the Superbowl, World Series and the Summer Olympics all happened during the same weekend!

    Well, that is what we are seeing with the number of foreclosures in this country-except that this "sports extravaganza" is lasting all year long. The tension and buildup in the housing market is finally coming to a head and fireworks are starting to fly.

    Check this out...

    The final 2007 figures from RealtyTrac.com shows that foreclosures increased 79% compared to 2006.

    1.3 million of the 2.2 million houses that were in default were auctioned off.

    The values of those homes are going to be used to determine the comparable market analysis for the homes that are within close proximity. That will affect the value of your investments!

    Look for more of the same in 2008 and possibly even worse.

    According to the FDIC, they are saying about 1.3 million loans are scheduled to undergo their first RESET during 2008. Another 422,000 subprime loans are scheduled to RESET in 2009.

    What we are seeing with a foreclosure epidemic is not ending anytime soon.

    So, what can you do?

    First of all, don't run like many people are doing. Now is the BEST time to buy properties at a discount and hold them for the long-run to build long term wealth. Interest rates are good to buy investment properties.

    Do you feel like your lack of cash or credit will stop you from doing that?

    Perish the thought!

    You can still buy properties using techniques like subject-to, lease option, seller financing, partnering, etc.

    Furthermore, if you are caught up in one of those ARM or adjusting loans, work on refinancing with a fixed-rate loan at today's low rates and bring your consumer debt down!

    It's time to "play ball" and hit a home run, make a couple of touchdowns and WIN THE GOLD-don't FRET. Now's the time to PROFIT!

    There is no better time than now to invest in foreclosures and it is all taught in http://www.ForeclosuresUnleashed.net!

    Robert Lam is a successful real estate investor and author of http://www.ForeclosuresUnleashed.net which teaches how everyday people can earn massive profits from the booming foreclosures in the unique marketplace today without using their money or credit.

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    When it comes to preventing a foreclosure, individuals that are residing in Michigan have a few options. For example, foreclosures in Livonia Michigan and Macomb county Michigan foreclosures help to illustrate this point. This is because when looking at the statistics surrounding the rate of Macomb ... more...

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    First and second quarter of this year the number of foreclosures in South Florida was nearly the same but they have dropped this past month, with Miami-Dade County seeing the biggest drop-offs. There were 6,630 foreclosures in South Florida in the second quarter compared to 6,673 foreclosures in ... more...

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    In November of 2006, according to the RealtyTrac? U.S. Metropolitan Foreclosure Market Report, RealtyTrac? U.S. Metropolitan Foreclosure Market Report the number Dallas foreclosures rose 67%, and the eight counties surrounding Dallas saw a new foreclosure for every two hundred and eighty-six ... more...


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