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Foreclosed properties can offer homeownership and a smart investment
Helpful home buying tips for military families and others

KANSAS CITY, Mo. (Oct 02, 2009) Owning a home is a part of the American dream, giving a family a place that is truly their own. While the downturn in the economy has significantly impacted the housing market, it also provides an opportunity for some looking to make that jump into homeownership due to a glut of empty houses across the nation. However, adequate preparation and research is necessary when considering the purchase of a foreclosed property.

In order to help potential homeowners, Pioneer Services, a Division of MidCountry Bank, has created an article with tips and information that can help those looking to buy a foreclosed property. The article, entitled "Foreclosed properties can offer homeownership and a smart investment," lists some of the common things one needs to consider including; creating a budget, getting pre-approved, the various types of foreclosed properties, and advice on closing a deal.

"Now may be the time for many first-time homebuyers to find a good deal on properties across the country," said Joe Freeman, chief operating officer for Pioneer Services and author of the article. "However, it's easy to get too excited about buying a new home and rush into the process. When it comes to foreclosed properties, it is vital that you do your research and prepare adequately."

Joe Freeman, Chief Operating Officer for Pioneer Services, has more than 17 years of experience in accounting, operations, consulting management, and marketing. A successful entrepreneur, he is a former manager in a Big Five accounting firm, and an expert in managing operational processes, improving efficiencies, and developing strong executional teams.

Pioneer Services, the Military Banking Division of MidCountry Bank, provides financial services and education to members of the Armed Forces. For more than 20 years, Pioneer Services has been a leader in military lending, offering military loans and award-winning financial education programs through a network of offices and on the Internet. Pioneer Services is proud to support military families and communities through a variety of partnerships, programs, and sponsorships.

To read the article in its entirety, or find other financial education articles, visit www.PioneerServices.com.

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Scott Cahill
Public Relations, Pioneer Services
media@pioneerservices.com
ph: 816-448-2300
fax: 816-561-9333

All loan applications subject to our credit policies. No official US military endorsement is implied. MidCountry Bank is a member FDIC.

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