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Foreclosures are still a large part of our market in 2011, with another spike expected when banks release the next round.
Buyers all over are definitely taking advantage of these properties in financial crisis.
In the Pearland, Friendswood & Clear Lake Areas of Houston alone there are currently:
135+ Active Foreclosure Properties
55+ Pending Foreclosure Properties
150+ Sold Foreclosures in the Last Quarter of 2010
In addition, there are 80+…
No Major Purchase of Any Kind
Avoid any major purchase that would create debt of any kind. This includes furniture, appliances, electronic equipment, jewelry, vacations, expensive weddings and automobiles, of course.
Don’t Move Money Around
When a lender reviews your…Continue