Wednesday, May 11, 2011

America, The Foreclose Capital of the World!

The wave of Recent Past, and the outlook on its Future

Thousands of Families trying to hold on after being sold out. Millions signed up for bigger homes with cheaper payments that are now paying the ultimate price. they now face the possibility of Foreclosing which seems to loom over them like a Bad Storm.

The Banks are now faced with paying the ultimate price correcting there mistakes by 
trying to be the Top Lender in the Neighborhood with record low rates.
The question is What's the Catch this time ?

Everyone looses in this Battle. Some are left Homeless and the Banks carry Millions of Dollars of dead Real Estate that rides their books like a bad earthquake.

Now that our Government has lead the Hands of Lenders towards disaster, what is their plan to Save American Families from losing it All?

Click any underlined link for information that may help you, or someone you know 
that's facing the possibilities of Forecloser.

Housing Crisis As Seen via One Foreclosed House | The Big Picture
Jan 14, 2011 ... Marketplace has a special report on the housing crisis through 
the lens of one house that fell into foreclosure.
www.ritholtz.com/.../housing-crisis-as-seen-via-one-foreclosed-house/ - 
Cached- Block all ritholtz.com results




Stop Foreclosure. Lower Your Rate & Principal. Do You Qualify?
GetMortgageRelief.org
Can President Obama succeed in helping families save their homes, and extend his chances to stay in the White House ?
We don't think so !

Bush unveils plan to help subprime borrowers

Click to show "George W. Bush" result 5
WASHINGTON — Hundreds of thousands of strapped homeowners could get some relief from a plan negotiated by the Bush administration to freeze interest ...http://www.msnbc.msn.com/id/22132648/

Bank of America halts all U.S. foreclosures

The foreclosure mess threatened to become full-blown chaos Friday as the nation's largest bank, Bank of America, halted all foreclosure procedures ...http://www.msnbc.msn.com/id/39575033/

JPMorgan, Citigroup halting foreclosures

WASHINGTON — JPMorgan Chase & Co. and Citigroup Inc. are halting home 
foreclosures while the Obama administration develops its plans to help the U.S ...http://www.msnbc.msn.com/id/29182220/

 Stop Foreclosure Fast - The Original Stop Foreclosure Site

Stop Foreclosure - Fast Free Advice on Stopping Foreclosure. The Original Stop Foreclosure Sitehttp://www.stopforeclosure.com/

Stopping Foreclosure - Ways to Stop Foreclosure - 

Avoiding Foreclosure

Ways to stop foreclosure. Alternatives and options for foreclosure, working out forbearances, note modifications, reinstatements.http://homebuying.about.com/od/4closureshortsales/qt/011708_stopfore.htm

Help Me Stop Foreclosure

Help Me Stop Foreclosure .com was created to help stop foreclosure and save your home. We are an attorney group that helps stop foreclosure and save your house. When ...http://www.helpmestopforeclosure.com/


·  Free Foreclosed Listings - Find Foreclosure Deals Near You

Get Low Prices on Foreclosed Homes. 
www.bankforeclosureslisting.com
 ___________________________________________

 Yeah, Mortgage rates are at all time lows, but the question is can you qualify ? 
The Banks have lost so much Money due to poor Lending practices that their 
 requirements to get a Mortgage are nearly impossible to achieve.
We, the buyer, are being punished for their greedy mistakes.

It's like wagging the Bone in front of the family Dog, and saying 
Nope, you can't have it but you can Smell it !

Why advertise low Mortgage rates when only 1.5% of the home Buyers qualify?
The average Forecloser sits on the Market for 12 months or more 
Before the Bank has to let it go to get it off the Books.

At what point are the Lenders going to fess up to their mistakes, 
open the markets for better opportunities, and take the loss
like a Real Man ?

The Question still remains, as thousands of Families are now Homeless.

Write an email or letter to your Senators expressing concern
about past, and current lending practices.
Demand the the Doors become open
and the Banks need to face the demon 
they created.
_____________________________________________

  • See Todays Mortgage Rates 

    Rates Hit 2.99%
    As Seen on Good Morning America!
    www.mortgagerates.lowermybills.com


  • Bank America Mortgage 

    Rates as Low as 2.50% (3.03% APR).
    $150,000 Mortgage for Only $592/mo
    www.theeasyloansite.com




    • MARKET QUOTES

    legend
    Sponsored by: Scottrade
    Updated: 05/11/2011 10:29 ET
    Market update
    Symbol
    Last
    Change
    Percent
    DOW
    12,690.81
    -69.55
    -0.55%
    NASDAQ
    2,868.98
    -2.91
    -0.10%
    S&P
    1,351.22
    -5.94
    -0.44%
    _____________________________________________________________

     Please be sure to review our Blog Archives for additional Stories.

    Disclaimer: CSS does not endorse or support Political Candidates, nor are we responsible for the information forwarded. We stand Neutral on all issues, and only forward information for the 
    enjoyment of our Readers.

    Before Leaving please visit our Reaction Section and 
    leave us your opinion.

    You may also Post a message by Clicking 
    on the Envelope Below.

    Either way we appreciate your Opinions.

    Posted by at

    No comments:

    Post a Comment

    We thank you for viewing our Blog, and hope that you will share it with everyone you know. If you have a story that you would like to tell please email it to thecommonsensesociety@gmail.com, and we'll get it posted. Hope to hear from you soon !

    Subscribe to: Post Comments (Atom)