FACING FORECLOSURE? You are not alone...
8/9/2010 9:30:00 AM
If you're one of the thousands currently facing foreclosure, or if you may be in the near future, check out the link below from the FDIC.
http://www.fdic.gov/about/comein/files/foreclosure_statistics.pdf
It gives interesting statistics and explains some of the common misconceptions of those in the foreclosure process.
It also shows a couple of research studies about homeowners in general. Among the most interesting was the following:
- 43% of American households spend more than they earn each year. ~Homeownership Preservation Foundation data of 60,000
homeowners
- 52% of employees live paycheck to paycheck ~Metlife National Survey of employees and employers
Even if you're a homeowner who is not currently facing foreclosure, you may be watching your expenses. Give you Problem Solvers at Gillman Insurance a call today for competitive premiums on Homeowners' Insurance.
