2012 is going to be HUGE.
Up to 9 million homes may enter foreclosure in 2012 period,
versus one million in a typical year.
This will send shock-waves through the stock markets and world economy.
It may well be the "dark ages" for homeowners and lenders alike...and the wave of mortgage re-sets will continue in a relentless onslaught...with no mercy!
This can equate to 500 billion in lender losses...
Check out this chart from a huge Euro Bank that shows when
the resets are happening for all the exotic mortgages:
As you can clearly see, we are entering the last (HUGE) wave
of foreclosures right now. All of these resets will cause
foreclosures in 2012.
CLICK HERE to find out how to make money from this
situation
The ARM's, Option ARM's, Subprime and Alt-A will be the main
casualties - but will spread into the prime classes too!
The "Too Big to Fail" banks are under the gun for the shady
practice of "robo-signing," which covers a wide range of
foreclosure paperwork abuses. This serious "mess" has
launched massive legal probes around the country, including
an investigation led by an angry hive of state attorney
generals which reportedly could end up costing banks upward
of $20 billion in settlements to ripped-off foreclosed
home-owners.
The big lenders will be in the "hurt locker" and desperately
seeking investors willing take distressed residential and commercial
properties off their books...as soon as possible!
As you know, 60% of all Option ARM and ALT-A mortgages that
were originated in the "Sand States" -California, Nevada,
Arizona, and Florida began to adjust in 2009. And I've got
news for you...
It's not over yet by a long shot...
In 2012, it's going to go through the roof, impacting the
entire nation with pre-foreclosure and foreclosure activity.
Many of the major lenders will hold vast amounts of toxic
foreclosures...and are on the edge of extinction. They are
doing a wild spin into C-, D- and finally E- credit ratings
- and that's end-game.
This massive shift has created a huge opportunity for real
estate investors in 2012. Now is the time to tap into this
massive opportunity.
Go here to get the rest of the story.
Do not ignore this opportunity or you may regret it for the
rest of your life.
Happy Holidays,
Josh
PS: If you're like me, you're busy with last minute Christmas shopping. Take a quick break and go here to watch a video that explains the entire situation. It's a must see.
