'Hope for Homeowners,' Still Long in Coming
Real Estate Related News
We interrupt this financial crisis with a word from its sponsor: the families who are losing homes to foreclosure.
It seems the powers that be have forgotten about the homeowners in their hurry to try and position for a win in November. They keep grandstanding and fighting amongst themselves without any real results. How is the $700billion solution going to help those who are losing their homes?
International Level: Activist / Political Participation: 32 3.2%
The safe ways to ensure you do not end up in foreclosure proceedings:
1. Buy an affordable house
2. Make sure your job is secure and that you have a few monthly mortgage payments put away just in case.
International Level: Junior Politician / Political Participation: 100 10%
Those are some nice tips but with many living pay check to pay check they do not have the savings to fall back on if they lose their jobs or a major illness comes around. I bought a house I could afford and have not missed a payment in over five years. But all it takes is one little thing to happen to lose either mine or my wifes income and I will be up a creek without a paddle.
Yeah the government is doing nothing to truly help those in need. They are just interested in helping out their rich CEOs