Today is the world of foreclosures. You cannot help but hearing that the market has gone bad - so bad, in fact, that the President of the United States has become concerned.

You see, markets go up and markets go down- it is just the nature of things, and no one can truly explain why. But this is different. This time, we know that the markets have become super-heated, with buyers aggressively demand housing to the point that we have never seen such huge property price increases before and lenders bending over backwards to ensure that buyers had the money to fuel their desires. But now there is a problem.

Now we have started our descent down the property hill that we created and the pace is only going to increase as prices are projected to fall almost as quickly as they rose.

However, life goes on. People still get divorced or married, move jobs or lose jobs, have kids, or are faced with a multitude of other reasons that require them to buy larger or smaller housing. Except this time, lenders are no longer willing to loan the money quite as easily.

In fact, lenders have tightened their belts so much that you better have excellent credit, be able to show where every penny, even the downpayment, is coming from and have as much as 10% downpayment. This is a serious problem if you live in high cost of living areas such as New York where a 10% downpayment is the equivalent of saving up the best part of a year's worth of wages.

So, the number of foreclosures and bank owned properties on the market is rising, there is little demand for these properties, which in turn drives prices down, and even where there is demand the lenders are not willing to lend which is driving prices down even further. If ever there was a time to buy a new home or a second investment property, this is it.

So how can you buy a property if you cannot obtain the financing?

Look no further.

www.OwnHomePlace.com has put together a program for New Yorkers that allows you to miss the banks out altogether. Your credit is of minor importance. You can take possession of your new home now with only a minimal downpayment. We do not care where your money has come from. You don't even have to pay all the myriad of unneccesary closing costs when you buy your next home from us. In fact, all we are concerned about is that you can afford to pay your monthly payments.

We have three programs available.

1) Buy-It-Now: If you like one of our houses and have either reasonable credit or a small downpayment, we will get you into your new home as soon as possible.
2) VIP Home Buyers: If you are looking for a new home and the ones we have for sale right now do not fit your requirements, join our Free VIP Home Buyers program and we will find you a new home that is within your budget that you can own now without the hassles of qualifying through a bank.
3) Get Prepared Program: It makes sense to get yourself ready to buy a new house if you want the best deal. Perhaps you have no money or poor credit. Or perhaps you are trying to sell your existing home and don't want to wait an eternity with buyer's and real estate agents beating you up before you buy your new home. Whatever the reason that you cannot buy just yet, join our Free Get Prepared Program where we will do everything we can to help you get ready to buy your next home.

Visit our website www.OwnHomePlace.com or call our toll free direct line 888-Own-Place x 121 and own your own home today, without bank qualifying.