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Foreclosure Citrus Inspections Network
Froeclosure Citrus Inspections Network FAQ #03
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Foreclosure Inspections FAQ #03
How did so many homes
foreclose in Citrus 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 Citrus.
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 Citrus.
In addition
many existing Citrus homeowners obtained refinancing of there homes for Home
Improvements, access to Financial Resources and for various other reasons in Citrus.
During
this time Mortgage companies also providing false information to obtain the loan
for Citrus Homeowner applicants.
In Citrus 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 Citrus
As
a direct result foreclosures of Homes in Citrus have reached staggering numbers
and now effects us all to include Citrus.
There is a solution for our economy.
Citrus foreclosed properties must continue to be sold, that we move back in
our homes in Citrus.
The time to buy a foreclosed Citrus 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 Citrus, 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 Citrus and Florida Statewide