Foreclosures and Foreclosed Homes: What to do? Eau Claire Wisconsin and More

There has been a lot of talk lately about foreclosures and what to do to stem the tide. I have read thousands of proposals and one argument I keep hearing is that nothing should be done, that it isn’t fair to unfairly reward those who “shouldn’t have been given a loan to begin with.” Personally I think arguments like this are ridiculous and I don’t feel like arguing endlessly about Capitalism and all its “glory” but at the same time I can’t help but say something about the unfounded fear of Socialism and how Obama is apparently the end of the world. Well it’s not the end of the world and people who are facing foreclosures need real help, just as the middle class needs real help. There are a lot of people in trouble right now and although I don’t have a solution, I will offer something to think about:

It costs much less to keep someone on their feet than it does to let them fall and break their legs.

I don’t want this to sound like a commercial and I am not trying to take advantage of anyone’s situation but if you are in trouble there is something you can do. Please contact me if you live in the Eau Claire area and you are in trouble.

Make sure to check out my Eau Claire Real Estate Agent website!

If you have something to say please leave a comment. 

If you would like to work with an agent who is leading the way call 715-894-1001 today or send me an email.

Buy or Sell, I’ll Treat You Well!

Search Eau Claire Wisconsin Real Estate!

Buy Eau Claire Wisconsin Real Estate

Sell and List Your Eau Claire Wisconsin Home

Work with Eau Claire Wisconsin Real Estate Agent & Realtor® Shane O’Gorman

New Mortgage Aid Program: Is it Enough? Foreclosed, Foreclosure, REO Eau Claire Wisconsin

Eau Claire Wisconsin Real Estate Agent

Doom and Gloom. Thats the news that everyone seems to be sticking to but is it really all that bad? I know our area has been spared somewhat from the overall foreclosure trend. It really isn’t as significant as people tend to think, with only a small percentage of homes even affected. The majority of homes in our country are either entirely paid for or are partially paid for. But still the thought is that something should be done to relieve those who are in foreclosure or have the potential of being foreclosed.

The new plan was to try to lower interest rates to make it more affordable. Many of the loans that were given out are turning into high monthly payments that people just cant make. The reality of the situation is that people need help and foreclosed homes are not good for anyone. They can destroy pricing on competing homes and really hurt a community. The problem with the new plan is that it will probably “represent only 20 percent of delinquent loans.” I guess any help at this point is something but for sure more can be done.

You can read the rest of the story here.

If you are facing foreclosure or want a solution to help you with your financial problems in relation to your home there is help available. There are quite a few options that you might not even know about. Please contact me as soon as possible if you or someone you knows needs help.

If you would like to work with an agent who is leading the way call 715-894-1001 today or send me an email.

Search Eau Claire Wisconsin Real Estate!

Read my Eau Claire Wisconsin Real Estate Blog!

Buy Eau Claire Wisconsin Real Estate

List and Sell Your Eau Claire Wisconsin Home

Work with Eau Claire Wisconsin Real Estate Agent & Realtor® Shane O’Gorman