RealtyTrac SAYS THAT FORECLOSURES DROPPED BY 27% FROM FEBRUARY 2010 COMPARISON TO JANUARY 2011.
The business news headlines are trumpeting the end of the foreclosure crisis…HOWEVER…the RealtyTrac press release points to the Legal mess that has been caused by ROBOSIGNERS and IMPROPER/ILLEGAL PAPERWORK presented to foreclosure courts in the states where there is a judicial foreclosure.
The FORECLOSURE TSUNAMI is building up steam out in the middle of the Pacific…another analogy would be…
You are drinking out of the Garden Hose…and you bend it in half so you can stop the water flow…does the pressure go down…or UP?
THE PRESSURE IS BUILDING UP AND FORECLOSURES WILL BE UPON THE REAL ESTATE MARKET FOR THE NEXT 5 TO 10 YEARS.
This is the time to invest in apartment properties to house the families who will be displaced as they lose their homes to Short Sale and Foreclosure.
Call me and I will show you how to create a high income retirement or send your kid to college…
THOMAS WAITE REAL ESTATE BROKER
PO BOX 3205, CYPRESS, CA 90630
714-895-2174 Direct; 714-398-8292 Fax Tom@TomWaite.com