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A ?Cash For Houses? Signs For Homeowners In Distress

June 18th, 2008

Even
as variable interest rates in the beginning appeared to be a blessing
in disguise - after all, investors enabled many a would-be homeowner
to make that all important move into homeownership - the individual’s
failure to follow through and increase income or refinance quickly
has now left them in the bind were cash
for houses
is truly all they can hope for. Many who are thus
escaping foreclosure, creditor phone calls, and even forcible
eviction consider they are fortunate and see their stint at
homeownership as a lesson learned that came at a steep price indeed -
softened sometimes by the ability to stay in their properties after
the house sale.

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