Image via Wikipedia The past decade saw a record number of home foreclosures. With unemployment and a higher cost of living combined with adjustable rate mortgages, many families had a difficult time keeping up with their house payments. As a result, some families lost their homes. Sadly, this occurrence is so common, that some neighborhoods in some towns have several foreclosed homes just on one street. Banks continue to look for ways to sell these foreclosed properties. As a result, they might drop prices and offer lower fixed interest loans to qualified buyers. Some home … [Read more...]