Why foreclosures happened
14th July 2009
The plain simple answer for why foreclosures happened is banks got greedy. That's it They would lend moneyto people who could not afford the homes. Houses were always going up in value so it looked like a good bet. They were wrong, you cannot lend money to someone with no credit. That's why we have a grading system in place for credit but now is a great opportunity for people to buy a foreclosed home. You can get way more for your buck a smart investors should check out you bastard.com for the latest foreclosure buys. You don't want to miss out on some great deals that are available in Louisville Kentucky. The foreclosure market is booming get on board.