ANNAPOLIS, Md., Jan. 12 / V-Newswire/ -- In a move to combat a historical foreclosure crisis, Congress passed legislation the last week of 2009 increasing federal support to Fannie Mae and Freddie Mac, the two largest players in the American mortgage industry. While heralded as positive by many in the housing industry, leading real estate foreclosure experts at USHUD.com and its parent company Heavy Hammer, Inc., warn that homeowners should be wary of high-risk loan programs targeting those with poor credit, and homebuyers should follow proven guidelines when purchasing foreclosure properties. Heavy Hammer, Inc., CEO Michael Urbanski said homebuyers are ultimately responsible for recognizing what they can and cannot afford. "To make the best decisions for their families and themselves, homeowners and potential homeowners need to be aware of the hazards that will inevitably present themselves," Urbanski said. "Avoid making the hasty or careless decisions that sent so many other American homebuyers into foreclosure. Exercise personal responsibility, capitalize on available industry intelligence, and seek the advice of experts who can help navigate the challenges and pitfalls of today's real estate foreclosure landscape." While there is no substitute for the personalized guidance of a USHUD.com expert, Urbanski suggests homebuyers adhere to these guidelines: *
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