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Title : Home Foreclosure - Getting Back on Your Feet
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Home Foreclosure - Getting Back on Your Feet

What is the truth about foreclosure? Most people experiencing a foreclosure were misinformed -- or not informed at all -- about the home loans they received. Most of these loans gave new homebuyers a false sense they were getting incredible deals. These homebuyers were not aware that the types of loans they were getting -- primarily ARMs (adjusted rate mortgages) and subprime loans would soon financially tie their hands. This was no small panic; millions of American homebuyers were devastated by this epidemic.

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