More Options for Underwater homeowners or a disaster in the making?

By
Real Estate Agent with Realty Master & Associates CAL BRE# 01331167

Joint powers authority meeting to consider options for underwater homeowners in San Bernardino County, Ontario, Fontana. Could this be the help homeowners have been waiting for or is it a Wolf in Sheep’s clothing? MercuryNews.com is reporting the JPA is requesting that the county of San Bernardino use eminent domain to acquire underwater mortgages in San Bernardino, Ontario and Fontana.  

 

http://www.mercurynews.com/california/ci_22437062/joint-powers-authority-meeting-consider-options-underwater-homeowners

 

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