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MA Declares Moratorium On Foreclosures - OPINIONS?

 
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Booba
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PostPosted: Tue May 01, 2007 8:28 pm GMT    Post subject: MA Declares Moratorium On Foreclosures - OPINIONS? Reply with quote

I just read this news, and I have no words.....
So, we want to "help" them?
People like those ones?
http://biz.yahoo.com/ap/070429/flippers_flip_out.html?.v=6&.pf=real-estate
The funny thing is this stupid "moratorium" is not going to help! It will just postpone foreclosure!
The wast majority of those who is facing foreclosure now are flipp-floppers or people who "purchased" their house for prices that they never could and will not afford whichever low interest rate mortgage they have!

I really wanted next US president to be a Democrat. It's not because I really like Dems, but I though we need some balance.
Now I'm scared, really. Can you imagine what theses guys will do if we give them power????
We will all pay those "homeowners" of 700K houses that make 30K per year, and we will give all illegals citizenship, and then we will all pay them wellfare wghen they loose their job in construction....
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AgentGrn



Joined: 28 Sep 2006
Posts: 82

PostPosted: Wed May 02, 2007 12:52 pm GMT    Post subject: Reply with quote

This temporary stopgap is like using a cork to plug the leak in the dam before it bursts open.
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