Why Is Foreclosure the Result of the American Dream?

FOR IMMEDIATE RELEASE
(Free-Press-Release.com) January 30, 2007 -- Denver, CO � Foreclosure is a �hot� topic and has been for quite some time. Looking at these facts:

� Deceptive practices by some brokers push homeowners into foreclosure

� People get into loans they cannot afford

� In December, the foreclosure rates were above the 100,000 mark for the fifth straight month.

� Mismanaging money on the part of the homeowner

� Too many programs that are designed for failure and not the consumer�s success

� Lack of consumer education about the entire process

Who�s to blame in these instances? Is it the realtor, mortgage lender, organizations that assist with people obtaining home ownership or is it all on the consumer? There is definitely a disconnect in consumer�s understanding the process otherwise the entire nation would not be experiencing high numbers of foreclosures.

Colorado had the highest foreclosure rate in the country for most of last year. Texas has a high number of foreclosures. Foreclosure apparently is an equal opportunity situation where no one is exempt from ending up in foreclosure. Circumstances happen, sometimes out of people�s control.

Interview Dr. Taffy Wagner to find out why foreclosure does not have to be the result of the American Dream. Contact. Dr. Wagner is the author of Homebuyer�s Helper (How to Have and Hold on to your House). You may purchase her book, Homebuyer�s Helper (How to Have and Hold on to your House) at www.amazon.com. Dr. Wagner�s website is www.paidoff.net