Forclosures Are Back

Today's Sarasota Herald Tribune ran an article about local investors buying homes from distressed home sellers.

In the first quarter, Florida had more foreclosures than any state except Texas. A lot of homeowners who opted for adjustable rate mortgages during recent years are shocked to see their payments leap by hundreds of dollars.

Investors provide solutions by offering the homeowner a way of disposing of the property while saving their credit.

Read the story at http://tinyurl.com/etxvf