Editor's note: The loss of homes, jobs and wealth, coupled with an environment of tighter lending, has barred some consumers from owning a home again for at least several years. Part 1 of this "Rebuilding Homeownership" series explores the scope of bankruptcies and foreclosures and the impact to would-be homeowners. This report, Part 2, explores the assistance that real estate agents can offer in helping consumers get back on firm financial footing, and Part 3 explores whether lenders will make allowances for borrowers with checkered credit histories. The financial crisis has taken millions of Americans out of the housing market. Foreclosures, short sales, bankruptcies and the spiraling debt that accompanies a job-depleted economy have trashed that traditional predict...
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