http://www.mitchellculp.com/2009/primer-for-distressed-homeowners-part-3-of-3/ Board Certified Specialist in Bankruptcy Wed, 26 May 2010 17:41:30 +0000 hourly 1 http://wordpress.org/?v=3.0 http://www.mitchellculp.com/2009/primer-for-distressed-homeowners-part-3-of-3/comment-page-1/#comment-20 North Carolina Foreclosures | Mitchell & Culp Thu, 17 Dec 2009 12:53:25 +0000 http://www.mitchellculp.com/?p=651#comment-20 [...] Part Three: Questions and Answers on short sales and sifting through the confusing offers from those who want to help distressed homeowners. I do know that the highest rates of foreclosure are in the urban (Wake, Guilford, Meck) and surrounding counties (Union Co in particular), and in the mountains (Caldwell County, etc.), where investment property was marketed …. buy a new lot or spec house as an investment, on an interest free, 100% financing basis, and we’ll guarantee you a buyer within 2 years, at a profit to you.  That all assumed that property values would continue to increase, and that didn’t happen. [...] [...] Part Three: Questions and Answers on short sales and sifting through the confusing offers from those who want to help distressed homeowners. I do know that the highest rates of foreclosure are in the urban (Wake, Guilford, Meck) and surrounding counties (Union Co in particular), and in the mountains (Caldwell County, etc.), where investment property was marketed …. buy a new lot or spec house as an investment, on an interest free, 100% financing basis, and we’ll guarantee you a buyer within 2 years, at a profit to you.  That all assumed that property values would continue to increase, and that didn’t happen. [...]

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