The Banks Can Still Come After You Years After Foreclosure!

This is a pretty long article and worth the read, BUT if you don't have the time, it basically states that if you just walk away from your property, chances are the bank will come after you.  And depending on where you live they could pursue you for up to 36 years.  BUT if you do a strategic foreclosure OR a short sale and you have debt forgiveness clauses in your closing documents, then you will be fine.  Hire an attorney and real estate professional- trust me it could be worth hundreds of thousands of dollars to you and many nights sleep.  Call or inbox me if you need any guidance.

Washington Post Article on Foreclosure Debt

Money Magazine talks about how clueless buyers in today's market are. SCARY.

Did you know that you can get an FHA loan on new construction and pay as little as 3.5% down?  There are also new construction communities in 'rural' areas that qualify for USDA financing and 0% down!  Email me and I can send you a list.  ;-)  In addition, if you participate in my Rebate Program, you can get a large portion of your closing costs paid out of my commission. Don't wait to purchase, prices are going up everyday.

Read the full article here.