A recent interview with the Former Orlando Magic basketball superstar Shaquille O’Neal seem to indicate yes! The NBA Phoenix Suns center is looking to start up a real estate development group in Orlando Florida to aid those in need before foreclosure.

O’neal plans include buying the mortgages of homeowners who have defaulted on their loan and are in the midst of foreclosure due to high interest rates. He would then sell back the home to the original owner, with better terms, and hoping to make a nominal profit.

The meeting Tuesday, June 10th

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Def: Foreclosure - Procedure whereby property pledged as security for a debt is sold to pay the debt in the event of default in payments or terms.

Foreclosure is a word that many households in America know all to well today. Ten years ago, most homeowner’s may have heard of the term, but never knew the true meaning as we see it now. With that being said, the best way to avoid foreclosure is knowing the signs and taking quick action.

The number 1 key is to NOT ingore the problem. As you get further and further behind on your mortgage, you will continue to dig yourself in a deeper financial

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