What's Good for Homeowners Is Good for America!

Why Foreclosure Is Bad For Everyone

(active rain WIRE) -- Ralph R. Roberts, consumer advocate and spokesperson for Federal Loan Modification Law Center, LLP, today shares his perspective on why helping to keep people in their homes is good for America. "It's important for the American public to understand that when a family loses their home, everyone in the neighborhood becomes a victim of foreclosure," said Ralph R. Roberts. "This is why it is critical for us to work together as Americans to stem the tide of foreclosures and stabilize the housing market." Ralph cites the following reasons to explain why foreclosure is bad for everyone:

 -- Foreclosures reduce property values for everyone in the neighborhood.

-- Lower property values usually mean states, counties,

 and towns have less money to fund education and other services.

 -- Lower property values also lead to lower commissions for real estate agents and less business for everyone who makes a living off of the real estate industry.

 -- Foreclosures leave vacant homes that tend to attract vandals, vagrants, and other criminal types who either set up shop in the homes or use the homes to commit real estate or mortgage fraud.

 -- Rising default rates convince lenders to tighten credit, making it more difficult and costly to borrow money.

 -- As families lose their homes, they have less money to spend on products and services, lowering demand and increasing unemployment.

 -- The mass exodus of families from an area destabilizes the neighborhood, often attracting transient (just passing through) populations.

 This makes it difficult for schools and other township agencies to plan for development. In order to prevent increasing foreclosures Ralph recommends that citizens put aside any misgivings they might have about "unjust" deals for homeowners and try to focus on the dangerous impact that widespread foreclosures have on society as a whole. "We need to stop worrying about homeowners who have gotten breaks that seem unfair and begin to realize that we have a lot more to lose if homeowners across America are not given the breaks they need,"  To read  full article on this and other topics, please visit www.keepmyhouse.com .

 About Ralph R. Roberts Ralph R. Roberts, CRS, GRI is a real estate-focused consumer advocate who knows about overcoming challenges. An award-winning author and REALTOR(R), Ralph lost one of his own homes to foreclosure in the late 1970s, and soon thereafter added a foreclosure division to his real estate business. Since then, Ralph has led thousands of families through the foreclosure maze, informing them of their options, including loan modification, and steering them clear of the most common pitfalls while empowering them with the information required to get on with their lives. Ralph is an experienced real estate mentor, coach, consultant, and author, who has penned several successful books, including Foreclosure Self-Defense For Dummies (Wiley), and Protect Yourself from Real Estate and Mortgage Fraud: Preserving the American Dream of Homeownership (Kaplan).

For more information about Ralph please visit www.keepmyhouse.com . Ralph R. Roberts is the spokesperson for Federal Loan Modification Law Center, LLP, an organization dedicated to preserving the American Dream of Homeownership. For more information please call 1-877-39-HOUSE (1-877-394-6873) or visit www.fedmod.com .

Ralph R. Roberts, CRS, GRI
Loan Modification Expert/Author
Sterling Town Center Office
12900 Hall Road, Suite 300
Sterling Heights, Michigan
48313-1150
Office: (586) 751-0000
Fax: (586) 620-6449
Email: RRnail@Gmail.com
Personal Assistant: Lois Maljak (LoisMaljak@RalphRoberts.com)

Ralph Roberts is the author of many books:
- Flipping Houses For Dummies (Wiley Publishing)
- Foreclosure Self-Defense For Dummies (Wiley Publishing)
- Advanced Selling For Dummies (Wiley Publishing)
- Protect Yourself from Real Estate & Mortgage Fraud (Kaplan Publishing)
- Mortgage Myths: 77 Secrets to Save on Home Financing (Wiley Publishing)
- Foreclosure Investing For Dummies (Wiley Publishing)

Ralph also maintains Websites and Blogs:
- www.RalphRoberts.com (Ralph's real estate company)
- www.FlippingFrenzy.com (Ralph's blog about Real Estate & Mortgage Fraud)
- www.AboutRalph.com (Where anyone can learn more about Ralph)
- www.GetFlipping.com (A resource for house flippers)
- www.KolleenRoberts.com (a tribute site to Ralph's daughter)

Remember every job is a self-portrait of the person who did it. Autograph your work with excellence.  --Anonymous