Magnolia Lakes Foreclosures With the recent news Bank of America and GMAC are going to start pushing through with foreclosure proceedings, we are going to (again) see many new Magnolia Lakes foreclosures on the market. When the banks announced the foreclosure freeze, this was one of the worst possible scenarios for the recovery of our economy. Just think about it, people living in their homes for free...not paying and not being evicted. Here are some of the reasons why it is so important to keep foreclosures going: 1.) Let's face it, our economy is stabilized by the housing market. When houses are selling, people are spending money on many items, including using small business contractors to do work. 2.) Foreclosures are the best deal on the market. You can purchase a Magnolia Lakes...
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