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South Beach Foreclosures Inspections Network
South Beach Foreclosures Inspections FAQ #03
We work in compliance in South Beach with the following Organizations
We work in compliance with the following Federal and State Administrations
Foreclosure Inspections FAQ #03
How did so many homes
foreclose in South Beach and why?
Is there a solution?
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There are many factors to consider in regards to the number of homes that property
owners foreclosed on in South Beach.
It is common knowledge that during the “Housing
Boom” it was easy to obtain property and/or a home without having personal financial
information verified and the case for many new homeowners in South Beach.
In addition
many existing South Beach homeowners obtained refinancing of there homes for Home
Improvements, access to Financial Resources and for various other reasons.
During
this time Mortgage companies also providing false information to obtain the loan
for South Beach applicants.
In South Beach many homeowners when faced with not
being able to meet the requirements of the Mortgage Companies also found that they
owed more money on the home the then home was actually worth.
As a direct result foreclosures
in South Beach have reached staggering numbers and now effects us all.
There is
a solution for our economy. South Beach foreclosed properties must continue to
be sold, that we move back in our homes.
The time to buy a foreclosed South Beach
property is now, not down the road. The Economic Crisis will end as we move back
into our homes.
Before you make any purchase on a Foreclosed property in South Beach,
have a Licensed Engineering Inspection First for peace of mind.
Florida Foreclosure Inspections Network Serving South Beach and Florida Coast to Coast
Estimated 100,000 Homes are affected.
It is important that you have a Drywall Inspection
to insure your Family & Home Safety. Source
