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Navigate the Shifting Sub Prime Market with Commercial and Residential Real Estate Investment

experts claim this shift will be positive,article in The Examiner entitled "Regional
leaving the prime mortgage market in tact.Foreclosures Highest in the Nation: Subprime
Whether you are located in Virginia or otherMarket to Blame" writer David Francis
states, navigating the sub prime market whilediscusses the rising foreclosure rate in
the real estate waters are choppy is tricky.Virginia. "Foreclosures increased by 18% in
You must learn how to invest wisely and hireMaryland and 17% in Virginia, the second and
an experienced, trustworthy real estatethird-largest national increases," Francis
professional to assist with the ins and outswrites. "Experts said the dramatic increase
of commercial or residential real estatein the number of regional foreclosures is a
investments.fallout from the subprime lending market.
These loans-given to people with limited or
Residential Real Estate Investing: A Strategyless than stellar credit history-have been
for  Successextremely popular in the region in recent
years as buyers attempted to cash in on
As the number of potential homebuyers dropssoaring housing prices," he continues. As
due to stricter sub prime mortgage lendingthese homeowners experience foreclosure they
requirements, residential investors have aagain become part of the rental market. Other
unique opportunity. There are only a smallfactors also affect the Tidewater and Hampton
number of mortgage lenders offering sub primeRoads region. The number of military families
mortgages now. This leaves homebuyers dealingstationed temporarily on local bases affects
with credit issues out in the cold when itthe rental market even more now that the real
comes to purchasing a home or property.estate market has slowed. Military families
People with credit issues, some who need torelocating to the area are generally
spend a year or more building and repairingstationed for only 3-5 years, which is not
their credit before they buy, are nowenough time to purchase a property and sell
creating an exciting residential rentalit for a profit.
market. Additionally, in a May 16, 2007



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