Archive for October 6th, 2008

HELP FOR FINANCIALLY DISTRESSED PROPERTY OWNERS

Monday, October 6th, 2008

While the present level of properties on Hatteras Island entering the foreclosure process is relatively low compared to other places around the country, the number of owners facing financial hardship can be expected to increase over the next three years when a substantial wave of Adjustable Rate Mortgages (ARMs) and exotic loans are forecast to reset.  In [...]