Wednesday, March 26, 2008

Foreclosures Fairs


Desperate turn to foreclosures fairs



The fair kicked off a series of events planned in March, or what local politicians have dubbed "Foreclosure Prevention Month," around the northern San Joaquin Valley as well as cities from Florida to Chicago and places west. The world's most fertile farm region, the San Joaquin Valley includes three metro areas -- Stockton, Modesto and Merced -- with some of the highest foreclosure rates in the nation.


Isn't that nice, these people are gonna get help with their morgages.


More and more family friendly foreclosure fairs, where mortgage lenders and counselors offer advice to desperate homeowners, ...


I've been to a bank workshop with my girlfriend who was facing bankruptcy, which is just like a forclosure fair. Do you know what they told her ? They told her cut back on her expenses, borrow from her friends and boyfriends (me ! ) work a few extra shifts and pay back her loans. Pay THEM back first , and all the other people she owes money to some time later. The whole thing was little more than a "pay US and TO HECK WITH EVERYONE ELSE mind job."


In San Francisco recently, fairgoers and officials complained that lenders have, for the most part, rejected pleas to help negotiate loans or forestall foreclosure with a payment agreement.


Yep. Come to our fair so we can tell you to PONY UP THE CASH YOU DEAD BEAT BUMS !!!!


One couple said the same broker who had written their loan in 2005 promising he would help them refinance it to a 30-year fixed rate when the teaser rate of two percent expired refused to take their calls. Their mortgage on a $300,000 house mushroomed from about $900 to over $2,000.


DO YOU HEAR US CARING ? HEAR THAT SILENCE ? THATS US CARING ..PAY UP !!!

Lemme give you home owners a piece of advice.
Declare bankruptcy, don't give these dogs a dime, and walk away.
They robbed you. they made this mess, now they're trying to make you clean it up. They're trying to brutally squeeze you for money you don't have. 2000$ a month ? Kiss it goodbye.

No comments: