Tuesday, January 18, 2011

Idaho foreclosure is up

http://idahobusinessreview.com/2011/01/13/idaho-is-among-top-ten-states-for-foreclosures/

Wednesday, January 5, 2011

Home Foreclosures

Back in December on 16, 2010 the banks stopped all Foreclosures, until January 3, 2011. During the mean time they were doing all the paper work to remove you from your home on Jan. 4, 2011 On Jan. 4, 2011 the banks are going to start removing home owners and families from their homes (that's about 30,000-$50,000 families in the United States). Even if there in the middle of a refinance of their loans, banks are going to remove them out of their home. The banks will leave the homes vacant with no up keep causing the property values to drop more and raise crime rates.

My plain is to leave them in the homes charge them minimal rent to keep families in the homes, and work with families to refinance their homes. If it doesn’t work then have them stay in their home while it’s on the market and pay the families moving money, when the home sells. Then the property values will remain stable crime will remain low.