Avoid Foreclosure!

Recently, these signs have been popping up around the Phoenix area:


You want to avoid foreclosure? I can give you a few tips:
.
--Don't be greedy. Don't buy a bigger or more expensive home than you can afford.
.
--Don't fritter away your equity by using your home as an ATM.
.
--Say no to adjustable teaser rates. You can not buy a $500K house for $500 per month. That payment will eventually go up. Way up.
.
--Oh yeah...pay your damn mortgage!!!!
.
*Now, I do realize that there are people facing forclosure, who have ligitimate hardship: illness, job loss, etc. But according to a recent Arizona Republic article, foreclosures around Phoenix are up 566% in 2007. There's no way all those people were laid off, became widowed, or were stricken with advanced cancer!