Buy a Second Home Before Losing the first House to Property foreclosure

Some homeowners, when facing the threat of a possible monetary hardship, decide that their present house is just too costly and will most likely grow to be a target of foreclosure. The homeowners may not be behind however, but they know there will be a loss of revenue or their mortgage payment will reset to a greater payment that they can not afford. So, there's usually a tendency to buy a brand new, smaller household ahead of the crisis occurs and allow the old household to be taken away by

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