WILL YOUR NEW HOME BE UPSIDE-DOWN? PROBABLY!

It doesn't always take a hurricane or tornado to turn your house upside down, sometimes it just takes a RED HOT real estate market!   With mortgage interest rates being at an all-time low, consumers are entering the real estate market with a frenzy and the mad rush is causing quite a stir.  Bidding wars are back and prices are climbing at record speed; some markets experiencing more than 30% in home values this year alone!  That's great news if you're a seller...it's not so great if you're a buyer and if you aren't careful, your property will likely be worth a whole lot less than what you paid for it and you could find yourself financially upside down overnight.

The real estate frenzy we're experiencing today looks a whole like the frenzy we saw just before the bubble burst in 2007.   As difficult as it is to believe, history always repeats itself so it's not a matter of IF, it's a matter of WHEN - and it looks like the time to lather, rinse, and...

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