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contraman
ParticipantCapeman,
That is indeed a risk that will be taken by some borrower’s, lenders, and the government. I am sure most people would feel a lot more comfortable with a home that is negative 10% in value in the short term vs. 60%.
Sincerely, Contraman
ParticipantCapeman,
That is indeed a risk that will be taken by some borrower’s, lenders, and the government. I am sure most people would feel a lot more comfortable with a home that is negative 10% in value in the short term vs. 60%.
Sincerely, Contraman
ParticipantCapeman,
That is indeed a risk that will be taken by some borrower’s, lenders, and the government. I am sure most people would feel a lot more comfortable with a home that is negative 10% in value in the short term vs. 60%.
Sincerely, Contraman
ParticipantCapeman,
That is indeed a risk that will be taken by some borrower’s, lenders, and the government. I am sure most people would feel a lot more comfortable with a home that is negative 10% in value in the short term vs. 60%.
Sincerely, Contraman
ParticipantFor the most part…yes…although it is possible to negotiate pennies on the dollar for junior positions on second homes and investor owned right now based upon who is holding the paper…..
Sincerely, Contraman
ParticipantFor the most part…yes…although it is possible to negotiate pennies on the dollar for junior positions on second homes and investor owned right now based upon who is holding the paper…..
Sincerely, Contraman
ParticipantFor the most part…yes…although it is possible to negotiate pennies on the dollar for junior positions on second homes and investor owned right now based upon who is holding the paper…..
Sincerely, Contraman
ParticipantFor the most part…yes…although it is possible to negotiate pennies on the dollar for junior positions on second homes and investor owned right now based upon who is holding the paper…..
Sincerely, Contraman
ParticipantFor the most part…yes…although it is possible to negotiate pennies on the dollar for junior positions on second homes and investor owned right now based upon who is holding the paper…..
Sincerely, Contraman
ParticipantRoughtrader,
FYI, I have been in this community for over a year. I have helped others here on several occasions as a mortgage broker wade through their options when on the brink of losing their home and not make a dime from it…..
There are a lot of people that need help that are upside down and I want to communicate to them that we can help them stay in their home, reduce the amount of foreclosure inventory, and help stabilize things here on the housing front.
A lot of people think this is a bailout but in reality it is putting it to the banks not the homeowners. If the property appreciates in value and the homeowner sells then the government gets a percentage of the profits.
I am not a proponent of bailouts but am one of helping people and this is a very good solution.
Sincerely, Contraman
ParticipantRoughtrader,
FYI, I have been in this community for over a year. I have helped others here on several occasions as a mortgage broker wade through their options when on the brink of losing their home and not make a dime from it…..
There are a lot of people that need help that are upside down and I want to communicate to them that we can help them stay in their home, reduce the amount of foreclosure inventory, and help stabilize things here on the housing front.
A lot of people think this is a bailout but in reality it is putting it to the banks not the homeowners. If the property appreciates in value and the homeowner sells then the government gets a percentage of the profits.
I am not a proponent of bailouts but am one of helping people and this is a very good solution.
Sincerely, Contraman
ParticipantRoughtrader,
FYI, I have been in this community for over a year. I have helped others here on several occasions as a mortgage broker wade through their options when on the brink of losing their home and not make a dime from it…..
There are a lot of people that need help that are upside down and I want to communicate to them that we can help them stay in their home, reduce the amount of foreclosure inventory, and help stabilize things here on the housing front.
A lot of people think this is a bailout but in reality it is putting it to the banks not the homeowners. If the property appreciates in value and the homeowner sells then the government gets a percentage of the profits.
I am not a proponent of bailouts but am one of helping people and this is a very good solution.
Sincerely, Contraman
ParticipantRoughtrader,
FYI, I have been in this community for over a year. I have helped others here on several occasions as a mortgage broker wade through their options when on the brink of losing their home and not make a dime from it…..
There are a lot of people that need help that are upside down and I want to communicate to them that we can help them stay in their home, reduce the amount of foreclosure inventory, and help stabilize things here on the housing front.
A lot of people think this is a bailout but in reality it is putting it to the banks not the homeowners. If the property appreciates in value and the homeowner sells then the government gets a percentage of the profits.
I am not a proponent of bailouts but am one of helping people and this is a very good solution.
Sincerely, Contraman
ParticipantRoughtrader,
FYI, I have been in this community for over a year. I have helped others here on several occasions as a mortgage broker wade through their options when on the brink of losing their home and not make a dime from it…..
There are a lot of people that need help that are upside down and I want to communicate to them that we can help them stay in their home, reduce the amount of foreclosure inventory, and help stabilize things here on the housing front.
A lot of people think this is a bailout but in reality it is putting it to the banks not the homeowners. If the property appreciates in value and the homeowner sells then the government gets a percentage of the profits.
I am not a proponent of bailouts but am one of helping people and this is a very good solution.
Sincerely, Contraman
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