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In Fairfield County, foreclosures are at an all time high. In fact the region reported 690 foreclosures from the beginning of the year till end August
The US economy is on a tailspin what with unemployment being at the peak and people faltering on mortgage payments. Subsequently foreclosures have become common. What is worse, the mounting tax bills are pushing a few homeowners to the teetering edge.
It seems sad that even after two years has lapsed since the debut of the economic mayhem many perpetrators of the foreclosure crisis
Foreclosed houses are not selling as expected. Rising joblessness has shied off potential buyers. According to a recent poll over half the number of would-be buyers are cautious about investing in property as they are haunted by a fear of losing jobs.
The foreclosure climate is telling most on women in Ohio and leading to stress. Lora Walker has a modest horse farm and this has been her shelter since she lost her job. But foreclosure is stalking her.
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