Categories: Mortgage. Home Loan, Foreclosure, Predatory Lender










Depending on where American citizens reside, there seems to be an economical correlation
in housing foreclosure rates. A high volume of foreclosures are more prevalent in cities with 
lagging appreciation averages and higher unemployment rates. Exorbitant home prices have
compelled more consumers to buy homes beyond their financial means. 











Certain mortgages such as negative amortization loans, adjustable interest rates and interest only loans are 
deemed creative yet risky financing alternatives – that make homebuyers more susceptible 
to foreclosures.  

A recent report released by Realty Trac evaluated foreclosure trends across the nation in metropolitan 
areas. Indianapolis topped the nation's chart in home foreclosures with a ratio of 1.45 out of every 69 
homes. Atlanta ranked second (one in 70) with Dallas in third place or one out of 99 residents. 

Review these  tips on avoiding foreclosures. 

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