How to avoid foreclosure, stay in your home and buy it back for less

“Housing Angels,” an Arizona-based operation, appear to be onto something smart. The program connects distressed homeowners with cash-laden investors (referred to as “Angels”), facilitating short sales to avoid foreclosure situations. But the sale is only temporary. That’s because the “Angels” then rent the properties back to the original owners at reduced price. And when the [...]

Source: http://blog.foreclosure.com/2011/06/how-to-avoid-foreclosure-stay-in-your-home-and-buy-it-back-for-less/

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