Rising foreclosures, personal guarantees on real estate and sinking home sales mandate those who own real estate to consider asset protection.
"Reality Trac reported last week that Riverside County led the state in foreclosure activity with one in every 330 households affected. Neighborhoods that just one year ago were flourishing are today blighted with house after house of "for sale" signs and properties abandoned to foreclosure"
-LA Times 10/14/07
See complete article:
Stuck in a Housing Glut - Discounted New Homes and Foreclosures Sink Sales of Existing Houses.
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