Real estate blog entries tagged with the truth no one is talking about in the mortgage foreclosure crisis and short sale fury by Gail Daly, SC & NC BROKER, ABR, EPRO (Commercial LandTec Corp./RealTec Properties)

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Home : Blogs : Gail Daly, SC & NC BROKER, ABR, EPRO : Daly Bread : Tag "the truth no one is talking about in the mortgage foreclosure crisis and short sale fury"

the truth no one is talking about in the mortgage foreclosure crisis and short sale fury: $200 TRILLION in MORTGAGES, 80% are SECOND MORTGAGES - 01/24/09 09:06 PM

$200 Trillion in Mortgages, 80% are Second Mortgages (edit/delete)
..................and No one notices the crucial piece?
What's wrong with this picture and why no one seems to notice: The politicians & talking heads are not talking about the specific issue of the SECOND MORTGAGES and therefore little possibility of providing any solution. Without recognition of the central & most important problem that most are not aware of the magnitude and level of difficulty that banks and consumers are facing in this distressed market. The majority of compromised debtors have SECOND MORTGAGES and we hear nothing of it. Perhaps it is … (2 comments)

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Gail Daly, SC & NC BROKER, ABR, EPRO

Pawleys Island, SC

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Commercial LandTec Corp./RealTec Properties

Address: 541 Atlantic Ave, Garden City, SC, 29576

Office Phone: (866) 466-4106

Cell Phone: (843) 833-9229

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Offering Commercial & Residential Property in Georgetown and Horry Counties. Paying 30% referrals. Call Toll Free 866-466-4601

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