Comments on: $145 Million To Go Towards California Foreclosure Crisis

By: Short Sales in Las Vegas

Short Sales in Las Vegas — Wed, 28 Oct 2009 09:21:38 +0000

With the amount of money stated, it takes no less that it could do more compared to the foreclosure crisis that has been going on. Still, it could at least be beneficial in alleviating the trend. But then again, how many of the people could then afford to pay those loans with the unemployment rate escalating. Hopefully, this forthcoming holiday season, everything would then turn out right.
Short Sales in Las Vegas´s last blog ..Positve News – Realistic?

By: Mack@Las Vegas Foreclosures

Mack@Las Vegas Foreclosures — Wed, 23 Sep 2009 12:17:26 +0000

$145 Million will be a drop in a ocean I am not sure how far these bailouts are effective on such worst hit communities? Imagine the hectic process of reviving foreclosed properties and putting them back to sale. My question is how many individuals can afford to get a mortgage at such crisis periods and there has to be something which really attracts them to take a risk. Ofcourse investing in real estate is a great idea, but people havent got back from the grief of losing jobs and the effort acquiring new one seems to be very tough than normal times. Lets all keep our fingers crossed and wait for the stimulus to do the required changes.

Cheers!
Mack
Mack@Las Vegas Foreclosures´s last blog ..Commercial Real Estate Bubble

By: panama property

panama property — Fri, 15 May 2009 19:10:31 +0000

I don’t know how much the $145 Million will be able to save all the foreclosures in California but I think it me be of some help. At least something is better than nothing.

Cheers,Harry,Panama property

By: Jim Dolanch-Pittsburg Real Estate

Jim Dolanch-Pittsburg Real Estate — Mon, 30 Mar 2009 04:45:56 +0000

It is a small drop in the bucket, but it will make a huge difference for the people it can help. We will see how this all turns out, and really just hope for the best results form all the stimulis the government has sent out.

By: Mary Ann Knell-Peoria Real Estate

Mary Ann Knell-Peoria Real Estate — Mon, 30 Mar 2009 04:23:38 +0000

It is easy to loose the value of 145 Million when we keep hearing Trillions and Trillions all the time in the news; however, even if it won’t help much, at least it will help some. For those few it can help it will make a world of difference.

By: Milwaukee Condoman

Milwaukee Condoman — Thu, 26 Mar 2009 12:46:51 +0000

$145 in California, not that big. Even though it is not at least the Pres. is trying to do his best to help some homeowners not to have their homes foreclosed.

By: Todd Covington

Todd Covington — Wed, 25 Mar 2009 02:59:22 +0000

I know 145 million sounds like a lot, but in California this amount might help one neighborhood. It’s merely a drop in the bucket. Even when you add low rates, stimulus plan, lower home prices etc it helps very little. Looks more like lip service than anything to me.

By: Kevin@Nannies4Hire.com

Kevin@Nannies4Hire.com — Tue, 24 Mar 2009 16:23:31 +0000

nice post, i’m not sure how i feel about how this forclosure crisis is happening, but i don’t mind helping people out with some problems, but if they made horrible decisions then i’m not sure if they deserve it.

By: Scripter

Scripter — Tue, 24 Mar 2009 11:07:22 +0000

Right, we must appreciate the effort, the amount may not be able to save all the foreclosures in California but it will definitely be of help to most. Scripter’s last blog post..Fehlermeldung PhP Handling

By: Meg Zoller @ Houston Real Estate

Meg Zoller @ Houston Real Estate — Mon, 23 Mar 2009 04:09:45 +0000

It would be interesting to see just how much of the 145 million would be spent on each forclosure and how much it would help. I agree though, the initial response is “$145 Million is nothing!” after you get used to hearing TRILLIONS and BILLIONS in all the news. I am sure for many it will help, though not all.