Economic Stimulus, will own work if we keep families in their homes. - 02/08/09 12:26 PM
Many thoughts exist on the Economic Stimulus Plan, bottom line is if we do not stop the foreclosures, the madness will not end. Here is a basis for a plan and ideas can be added to this, it's a start, this is the short version: (rough draft) Also, to help people understand this. We have Banks holding $175,000 mortgages and these same banks are participating in short sales and selling those very same homes with $175,000 mortgages for $140,000 and, even as low as $100,000. Banks are losing upwards of 40% on a short sale...HOW can they not afford to make … (1 comments)

 

Gary Schraut, CCIM, CRS, GRI

Brooksville, FL

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Century 21 Alliance Realty

Address: 702 South Broad Street, Brooksville, Fl, 34601

Office Phone: (352) 799-3000

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