forclosure: The only way to clean up the housing mess! - 01/04/09 02:53 AM
There is only one way to solve the current mess...with 4,000,000 homes currently on the market, as opposed to 2,000,000 last year, and another 2,000,000 Alt A and Option mortgages getting ready to reset this year....the lenders are performing "work outs" with their customers. These work outs currently will only delay the inevitable. It doesn't do anyone any good by taking the loan balance difference and tacking it on to the end of the loan. We will continue to see people unable to afford their home and more foreclosures will result. I honestly think the only way out is to take … (0 comments)


Suzanne Leedy

CRS, epro500

Alexandria, VA

More about me…

McEnearney Associates

Address: 4720 Lee Highway, Arlington, VA, 22207

Office: 703(525) 190-0253

Mobile: (703) 627-5302

Northern Virginia real estate, helping buyers and sellers of condos, new homes, resales, in the counties of Fairfax, Arlington and the cities of Alexandria and Falls Church. Relocation is my speciality.



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