Too many desires to get loan relief

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Services for Real Estate Pros with Franchase

A crowd of people came to the North Miami Beach convention centre with the hope to get some loan relief as they are unable to pay for their credits. They were waiting for a long time thinking that their property is doomed to foreclosure. But they were lucky as their payments were made lighter and the interest rates became lower. And some of them were very happy as they are able to save their cherished property. Although many property owners got some modifications, there are still numerous families who have some problems with mortgage payments. As soon as it was promised to forgive some thousands of dollars, a crowd of people rushed to the North Miami Beach convention center trying to get any help.  The queue started to gather at midnight and some of them brought chairs and blankets to sleep there. The authorities say that not everyone came to get some modification. There are still lots of people who empty their savings and pay off the mortgages and at the same they continued to call the lenders asking for help.

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Rainer
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Michael Gendreau
Edina Realty - White Bear Lake, MN
Edina Realty

I know we need something like this but how about a lot of us that are near upside down and will not get relief and we will still be 20 25 years out to pay down our mortgage or get a jump.

Hopefully when the goverment catches up they will remember us.

 

Thanks

Apr 20, 2010 10:44 PM #1
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Rainer
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Nelly Korbut

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