Comments on: Obama’s Plan For Saving Homes

By: James@Loan Hub

James@Loan Hub — Tue, 15 Dec 2009 15:00:36 +0000

Ahhh Mr Obama and his wonderful way with words… Will any of this actually make a difference?

By: it job

it job — Sat, 14 Nov 2009 07:55:02 +0000

I think everyone hopes for the perfect results!!!

By: Francis

Francis — Mon, 01 Jun 2009 17:20:25 +0000

The weatherization part of the new stimulus bill is very nice for people in the industry. I also think it will really spark the construction industry. I just wonder how our kids, and potentially their kids and grand kids will have to pay for it all.

By: Cheap Removals

Cheap Removals — Thu, 26 Mar 2009 17:29:04 +0000

As Monty says, it the UK people just accept what politicians say, it is very frustrating. Its good to see Americans get behind Obama, i just hope he delivers for you.

By: Monty@Mortgages Rate

Monty@Mortgages Rate — Fri, 13 Mar 2009 20:59:57 +0000

Depending on your point of view, but you Americans should be happy your government will do (or appear to) something about it.

In the UK we get turned over by every one and the government sits back and lets them.

By: greggi

greggi — Fri, 13 Mar 2009 14:29:15 +0000

all of us are paying a price for this home mortgage crisis,” Obama said Wednesday morning, “and all of us will pay an even steeper price if we allow this crisis to deepen.” – this is a nice spin to it

By: Kenneth@Fort Worth Real Estate

Kenneth@Fort Worth Real Estate — Fri, 06 Mar 2009 00:35:57 +0000

It seems like the Obama adminstration has some good strategies to turn our economy around, hopefully sooner than later. Most do not understand these changes will take some time before we begin to reap the rewards and see some positive results. The real estate industry drives a good part of our economy and must recover in order for other industries to begin to bounce back.

By: San Diego Real Estate and Home Decorating Resource - Home Solutions San Diego Blog » Blog Archive » Will Obama’s Stimulus Plan Work?

Thu, 05 Mar 2009 22:40:13 +0000

[...] Anyhow, the Team Aguilar blog has a post that does a good job of outlining some of the details on Obama’s plan for saving homes. [...]

By: heinrich@verreisen

heinrich@verreisen — Mon, 02 Mar 2009 12:10:30 +0000

i like obama and his plan sounds good , eh has many plans to make the situation better.

By: Terry@CharlotteRealEstate

Terry@CharlotteRealEstate — Fri, 27 Feb 2009 10:16:51 +0000

It’s only one part of the equation. The “Bad Assets” fall into 3 categories: 1) Those that are irretriveable- people who’ve lost jobs , 2. Those who’s rates increased to where they now can’t afford, and 3. Home prices that have fallen so far, that even though payments are being made, a rational borrower may still walk away.
The Housing Relief plan is aimed squarely at the 2nd group,and may cover part of the 3rd. But a big part is the threat that bankruptcy judges will be able to re-write the mortgage. Stil to be passed by congress, as far as I can see, THIS AND ONLY THIS, will force more banks to accept Short Sale propositions.
If the bank thinks they will come out ahead, even in bankruptcy, then that is where they will go. I don’t show Short Sale prospects- under the current rules, it is a complete waste of time.