How do I know that there are a lot of Foreclosures coming onto the market in the coming months?  Simple, there are a couple of “fancy loans” that need to be dealt with that have a lot of people tied up.  The Negative Amortization and the Adjustable Rate Mortgage.  Both of these products were sold as if the Lender’s life depended on it and the buyers either understood what they were getting or maybe they did not. 

Blame is not the issue for this time.  The issue is that these products were in their hay day a few years ago.

Riverside County is reporting 350,000 ARM’s – Adjustable Rate Mortgages turning in the next few months.  Foreclosure News is around the Southern California Area – when it comes to real estate news and the way the Paris911 team operates.

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