Reality strikes again
I really don’t like posting negative and yet the same old broken record story over and over again. I just reviewed my posts and it is the constant same old updates. The Truth is that this will not change until we get through the correction in the real estate housing market. Obviously, this is stemmed by unemployment and the continual glut of housing inventory, with a slow buyers market.
The results are what they are with the HAMP and HAFA programs, and unfortunately for many homeowners it is a FALSE SENSE OF SECURITY, until their lender just pulls the rug from underneath them and says WE CAN’T HELP YOU, and by the way, we’re foreclosing on your house next month!!! This is happening more and more because these bleak attempts in the Government programs. Basically, it is far easier to set your plan to settle now, and to move on, then to deal with the games that are being played. I would say the homeowners that we have recently spoken with an handled short sales are and have been a result of the issues I have just eluded to. If you or someone you know is on this roller coaster, have them contact us and we can identify where and what they can do. We have seen this carnival ride going on for a quite a while….just read the history of my posts.
http://www.latimes.com/news/nationworld/nation/la-fi-obama-foreclosures-20100821,0,2000640.story
Keep it Short,
Mike Knows
Posted in Short Sales
3 Responses to “Reality strikes again”
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Its sick how you pose this as an offer to ‘help’ homeowners when in reality you are just in it for a buck.
Some think these programs are a success. Why? Because they helped homeowners keep their homes? Of course not! We know that isn’t happening. Some consider it a success because it just delayed the eventual….that homeowners will lose thier homes but we are going to spend billions just to delay the process. Nice!
Dyln
You seem to have a slanted view of what I am. I am an investor looking to buy properties that want to sell. I happen to be an expert in the market of assisting people to decide if that is what they want to do. Please tell me how in this process does it make sense not to work and help someone while make a living. I wish I had the TARP money to support me to do it, but that would be the government and the banks. So please tell and the 150 others I offered a solution to What is sick about helping people sell an over leveraged fallen behind property that they the bank will foreclose (and kick them out once they do) if they can;t sell it????? Are you a critic or a supporter of offering a solution to those whom need it????