I am beginning to see lease listings with "foreclosures okay" in the descriptions welcoming people to apply for a lease who have lost their homes due to foreclosure and now have damaged credit. There are many families right now needing to lease a home until they can get back on their feet.

More and more people that have not been able to sell their homes in this market are leasing them and I commend those that are willing to help victims of foreclosure. Although it is risky to lease to people with bad credit, most of these people have paid all of their bills on time, but just could not pay their mortgage which doubled or more after a rate adjustment.

Those that can't sell and those that have faced foreclosure are all victims of this market....let's work together!