Foreclosures On the Rise
As if the situation cannot get worse, the economy dips ever lower dragging everything with it. The recession is causing problems with the real estates market to stay put and homes are still falling victim to the sub-prime market lending collapse. Foreclosure is a constant threat to people who fail payments on their mortgages as they run the risk of losing their jobs. The market has maintained it’s place yet with prices still going down hill, developers are offering more incentives.
Mortgage and Home crimes are up with more than 400 cases filed over the last few months. People are advised to be aware of the problems and to report any suspicious paperwork coming to your home indicating you have made payments even if you are still to do yours.