Buying Foreclosures Columbus OH

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by Broderick Perkins
© 2007 DeadlineNews.Com

Deadline Newsroom – On a scale of fear where 1 is a sort of "pshaw" and 10 is your life flashing before you, the fear of buying foreclosures should be right up there with the out-of-body experience.

Be afraid. Be very afraid.

No doubt a foreclosure purchase can be a good way to save money on buying a home or investing in real estate, but if you don't know what you are doing the ordeal can smother you under a shroud of financial losses.

There's simply too much risk in foreclosure acquisition for most financial portfolios and there are easier ways to make a buck in real estate.

The American Homeowners Foundation (AHA) says with more and more homes facing foreclosure, some home buyers are considering acquiring foreclosures -- or they are being led by the nose to the "deals".

[Also see: Foreclosures, Short Sales Already Less Taxing]

More than 2 million Americans stand to lose their home to foreclosure in the current mortgage market morass.

"Whenever the real estate market shifts, there's always this tendency to say, 'Hey. It's a good time to buy,' perhaps to cash in on those who maybe didn't understand what that really means, to cash in on the shifting market, to cash in on a returning or new trend," says Newport Beach, CA-based consultant Danielle Babb. ...

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Miller/Watson Architects, Ltd.

(614) 224-9743
161 N. Fourth Street
Columbus, OH
http://www.millerwatson.com

Miller/Watson Architects is an architectural design firm who specialize in built environments that celebrates the human spirit. Organized to provide services within the context of a contemporary vision of the historic atelier, the design studio becomes a place of dialogue and exchange, where all sorts of knowledge (artistic, technical, humanistic…) skills and attitudes are integrated in a multi-discipline approach to project resolution. The result is an award winning architectural portfolio as unique and individual as the client’s they serve. The work includes residential and commercial architecture, interior design, historic preservation, adaptive reuse, product and graphic design.