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Board Up Tucson, Arizona
Many people are in jeopardy of losing their homes and many have driven by homes already boarded up. Economic times have been hard across the country and particularly felt in Tucson, Arizona. A cooling housing market may be good news for buyers, but homeowners facing debt issues may be more likely to find themselves in foreclosure.
Pima County had over 1400 foreclosure filings in the first quarter of this year, up nearly 51 percent from the same period last year. The trend stretches across the nation and with the unemployment rate on the rise it seems no one is safe from having their house fall into foreclosure and become a boarded up eye sore.
Leading the way in those foreclosures are homeowners who bought a home or refinanced using a sub prime home loan, a type of high-interest mortgage made available to borrowers with poor credit ratings. Tucson ranked 19th among more than 420 U.S. metro areas for sub prime foreclosure rates in the center's report . What used to happen in low income neighborhoods now happens across the map and touches many neighborhoods in Tucson. Many fear that this rise is foreclosures has ...
... not capped off yet and many more people will lose their homes before the recession is over.
Once type of business that is not suffering are board up companies. These companies board up your home after foreclosure to protect it from vandalism, squatters and rodents. A business that mainly existed in times of natural disasters has grown into a company that maintains property after foreclosure and even provides security for the house.
Another business that is not hurting from foreclosures are foreclosure attorneys. It is necessary to know your rights so seeking out the advice of an attorney during foreclosure is a necessity. An attorney who specializes in foreclosures will guide you through the process as painlessly as possible and do what is necessary to protect your investment to the best of their ability.
If you do lose your home, the bank will own it and they will take over maintaining the property and keeping it safe. As many cities demand, they must make it look as presentable as possible and not inviting to rodents, theft and vandalism.
As the economy continues to remain unstable, and more and more people lose their jobs it will become more and more probable that you will see a boarded up home in your own neighborhood.
Eddie Frank is an editorial staff member of BoardUp.com, to learn more about emergency board up services in Tucson, Arizona, AZ and board up visit BoardUp.com or call (877) 30-40-555.
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