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Sue Pukas
905-702-1111

RE/MAX
Realty Specialists Inc.
(Brokerage)
45 Bramalea Road, Ste#102,
Brampton, Ontario
L6T 2W4


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A Super Bowl Year For Foreclosures
The final 2007 figures from RealtyTrac.com show that foreclosure actions increased 79 percent when compared with 2006. Roughly 2.2 million households received default notices, auction sale notices and notices of bank repossessions. Not all of these homes were lost -- about 1.3 million were sold at the courthouse steps but the rest are hardly safe: They belong to distressed homeowners, people likely to sell fairly soon if they can whether prices are up, down or sideways.
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