Wednesday, January 16, 2008

Looking for Foreclosures?

Find forelcosed homes for two-dollars and help a family out. Hmmmm. Look at this happy family. Are they happy because they just got a screaming deal on a new home or are they happy because that Was their home and they got caught up in the financing overleveraged mess and now lost their home and someone magically "helped them out." Foreclosures on owner occupied homes are no fun. Someone is losing, someone is winning. There's no "feel good" in it for the ones getting foreclosed upon. That being said, Pay your mortgage at all costs. Foreclosures, short sales, bankruptcies....they'll ruin your credit regardless, so do everything to save your home. Now, If you are looking for Foreclosures, your local Realtor can help as well as many foreclosure websites (generally finder's fee based). One site is http://www.hudforeclosed.com/ and there are many more. Watch out for scams....and of course, call me to get financing for a home you're going to buy at 415-485-1776. Also, call be BEFORE you go upside-down on your existing home financing. Pat Townsley, Mortgage Broker. http://www.ptre.net/

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