Yesterday, I read a heartfealt blog on Active Rain. I responded to the blog, and admitted she made me cry, when I read about the horribly sad and hopeless situation people are finding themselves in. What I am about to get on the soapbox about is what we can really do help. I know this agent is caring and doing the things that she is able to do with the present "rules and regulations" available to us. But, we need to consider what the definition of help is. Are we helping a client, when the end result is a short sale ? What are they left with, a credit score that isn't quite as damaged and no home? The real estate community has alot of members, and numbers have power !!! The real help would be to keep this person in their home. The home they have worked so hard to obtain, the home they want their family to stay in. The home they have all their money invested in. The help would be for the property investor that put their saving into an investment, that helped others have a home to rent, and helped homeownera to make more money on a properties that values soared while investors bought them up
There have to be alot of influential real estate offices and agents, that can start to get the banks to give these same short sale deals to the present owners. Someone that can get this idea to people giving bailouts to banks. Wouldn't it work better, if the homeowner got the money, and they could pay the bank for their loan? Couldn't that be a beginning to a solution? People stay in their homes, banks get paid, the glut of housing on the market stops. We might even get back to normal selling and buying.
Please, anyone that wants to get involved, please contact me. We need to use our numbers to help, not just to to get all the paper work done, to give the house away to the next person, that benifits rfom another persons harship and troubles.
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