Foreclosure Dangers!
By Bill Young
Anyone can lose their home to foreclosure, even you!
The loss of a job; divorce, illness or some other ,trigger event, could start the ball rolling. According to the American Banker’s Association, most people have less than 3 month’s worth of cash in reserve.
You may not realize that foreclosure can be the first step in the destruction of your family’s financial future.
The foreclosure of your house can lead to the bank seizing anything you own; property, cars, stocks, your kid’s college savings! Even the IRS can get involved, perhaps garnishing your salary. Could you imagine that?
Get ready. There is a foreclosure Tsunami coming!
If you purchased your house or refinanced in the last 4 years, you are v...
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