HARP me this, HAMP me that...
Underwater owners still singin' the blues...
Some things just don't seem right- never have, probably never will. One of those things is how some folks enjoy laying up in their homes without paying a dime for as long as their luck holds- while those choosing the path of right in looking to honor their mortgage obligations while underwater struggle and struggle.
A number of programs over the past few years have seemed like just the elixir to cure the ills of the latter- but high hopes have disappeared as quickly as the midway snake oil salesmen of carnie days past.
HAMP's "M" served very few- and many that were served weren't really helped by the program when their mortgage payments went up rather than down, were they?
As this article indicates, HARP has been a little better for folks- but that doesn't say much when the other programs' success rates have been woeful at best. Here's hoping something down the road will help the good guys...
HARP me this, HAMP me that...
Charles Stallions Real Estate Services - Pace, FL
Pensacola, Pace & Gulf Breeze Property Management
When the best you have to offer is the worst there is then anything will be an improvement. How can someone in DC get anything done in Florida. DC needs to manage the states and let the states manage the counties and the counties manage the people.
When I worked for a big cahin store we always told the guy 10 states away that how they did it there was not working here, he never listened and went out of business.
Jul 23, 2012 03:38 PM
AmeriTeam Property Management - Mid Florida, FL
Orlando Property Manager and Realtor
Hi, Charles: Thank you for stopping by, and for your comment. Reminds me a bit of how Wal-Mart kicked K-Mart's tail: it wasn't with superior products or nicer stores- though they made a difference. No, it all goes back to a bit of a secret that a buddy of mine working on their stuff through NCR shared with me- inventory control. Wal-Mart kicks everybody because they have the best inventory management in the world, maintained real-time from the second the items get scanned at the registers. Whereas K-Mart would have x items and send everything to every store, Wal-Mart didn't. If something sold/sells in Florida and not in Iowa, it doesn't get sent to Iowa. K-Mart would have stuff waste away on shelves in areas where the stuff would never sell, Wal-Mart's stuff was moving. Along the lines of what your saying, too, I have no love for the Section 8 program or any other voucher-type assistance programs- oddly, I think folks should pay their own rent. The way that program is managed through HUD, then down to the counties and cities is actually a good example of your idea...
Jul 23, 2012 04:33 PM
Rainmaker
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Dennis Burgess
Orlando Property Manager and Realtor
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Orlando Property Manager Dennis Burgess writes about property management, general real estate and news/events affecting the metro Orlando, FL area.
With more than 13 years of property management experience and being a licensed Florida Realtor, Dennis surely has some sort of information you'll find interesting!
Feel free to comment, send questions he may be able to help you with, or any referrals he may provide with top-notch service.
Thank you kindly for stopping and reading, and thank you for the opportunity to be of service in the future.
God bless you.
Follow Dennis Burgess on Quora
RealTown.comOrlando Property Manager Dennis Burgess writes about property management, general real estate and news/events affecting the metro Orlando, FL area.
With more than 13 years of property management experience and being a licensed Florida Realtor, Dennis surely has some sort of information you'll find interesting!
Feel free to comment, send questions he may be able to help you with, or any referrals he may provide with top-notch service.
Thank you kindly for stopping and reading, and thank you for the opportunity to be of service in the future.
God bless you.
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