Planning Can Help Homeowners Avoid Foreclosure Risk

Inland Valley Daily Bulletin › February 18, 2007

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Summary

Foreclosures are on the rise, but they can be avoided with proper planning, according to the California Association of Mortgage Brokers.

California experienced a large spike in foreclosures, with 6,080 in the final quarter of 2006 compared with 875 in the same period in 2005, according to DataQuick numbers.

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Extract

Planning Can Help Homeowners Avoid Foreclosure Risk

But nearly 80 percent of foreclosures can be avoided if borrowers recognize the warning signs and ...

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