Faced With Foreclosure?
*Warning!*
You Are About to Pay "Hidden" Income Taxes
On the Money You Lost When Your House
Goes Thru Foreclosure!
By Bill
Tyler,
Foreclosure Tax Expert
February 02, 2008
Dear Real Estate Investor / Home Owner,
Sub Prime Meltdown...
Housing starts at their lowest point in decades...
Stock market collapse...
Sales of existing single-family homes plunged in 2007 by the largest amount in 25 years, closing out an awful year that saw median prices fall for the first time in at least four decades.
The National Association of Realtors reported recently that sales of single-family homes fell by 13 percent last year, the biggest decline since a 17.7 percent drop in 1982. The median price of a single-family home fell to $217,800 in 2007, down 1.8 percent from 2006.
All this can negatively impact your investment property.
"We are closing the book on the worst year (2007) for housing possibly since the Depression," said Joel Naroff, chief economist at Naroff Economic Advisors. "I keep thinking a bottom is near, but we haven't gotten there yet."
I agree.
What's worse is if you are having 'problems' making your mortgage payments, the situation could be disasterous. Many of my clients, by taking proactive steps to protect themselves, their family's future and their investments, are sleeping easily these days. Are you?
I invite you to take my FREE audio course and discover the little known secrets what my clients know...
And your banker hopes you don't!
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