Sunday, June 22, 2008

FORECLOSURES

Texas foreclosures are down 11.4% from 2007 figures. Most of those are in the three major cities, and most of those were low income, low credit rating folks who couldn't afford the properties they bought. That's not to say that the mortgage brokers who sold them on the mortgages weren't at fault, but buyers shouldn't be released from biting the bullet. They bought what they shouldn't have bought.

The professional mortgage brokers we deal with at http://www.johncmartin.com/ seek the very best for our customers.

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