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Experts have named 2014 the year of the boomerang buyer. Revised guidelines and updates have made room for many former homebuyers, some of whom foreclosed as recently as one year ago, to be able to buy again. In the past, the wait-period to buy after Foreclosure was seven years. Many experts expect the change to help accelerate the housing market and help homeowners previously foreclosed upon once again attain home ownership. More here
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