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Are Folks in pre- foreclosure, foreclosure paralyzed with fear or . . .?

By Theresa Bastron

Services for Real Estate Pros with Clouded Title Assessments by certified paralegal

February 29, 2008 06:15 AM

I was just thumbing through one of my real estate trade newspapers that I get monthly, and one article really caught my eye. It is talking about 11 different State's attorney generals (state's attorney) that have set up a task force regarding seriously delinquient home mortgage borrowers. What they found shocked them in that 7 out of 10 households were NOT in line for any type of loss mitigation options to help save their homes!

This task force is led by IOWA's attorney general, Tom Miller, who indicates that more still needs to be done.

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Charlie Ragonesi

AllMountainRealty.com - Big Canoe, GA

Homes - Big Canoe, Jasper, North Georgia Pros

There has been a lot in the news lately on this subject and it will be interestingto see hoq it shakes out

Feb 29, 2008 06:22 AM

William Feela

WHISPERING PINES REALTY - North Branch, MN

Realtor, Whispering Pines Realty 651-674-5999 No.

So many have found thathere are few to NO options for them. They tell their friends and make it sound hopeless and they don't even try. It's a vicious circle all run by the media in need of a story.....what about the good stories? The public needs to here about them also!!

Feb 29, 2008 06:28 AM

Pam Joffe

Solaris Realty - Tampa, FL

Theresa - Many people do the bury the head in the sand and hope things will get better. Not a good decision, but happens all the time.

Feb 29, 2008 06:29 AM