Rather Unfortunate, but it seems the Foreclosure Firestorm will only increase and compound itself throughout the summer. The Alt-A loans will be resetting also, so a large bulk of soon to be former homeowners will find themselves in Negative Equity in relationship to Loan to Value. An estimated 2.4 million homeowners will lose their homes, multiplied by spouse and kids, truly an exodus that would put the Israelites to shame in number.

www.buyingpalmbeachhomes.com BANK OWNED “PRICED FOR A QUICK SALE”. BANK FORECLOSURE. Very nice two story home, in good condition! Great, newer neighborhood, close to turnpike. Please submit pre-approval, copy of escrow check, the attached seller’s addendum and the attached Chinese drywall addendum with all offers.