Mortgage Times

[mikejr]

Adam

Well you got to experience something that a very few americans actually get to do. Thats really cool. Its kinda neat to see how government work, and even more so when it works in ones favor of things that one supports.

I know the realtor organization has a huge lobby contingent that supports things that are pro real estate.

We just had a call from a person that lost their home to foreclosure in 2005, they bought another house in 2005 just prior to their eviction and now they are trying sell the home they bought in 2005 as they are in foreclosure again! We never represented them in the sale or purchase so i am not sure what sort of financial dance they did to get into this house just so soon after a foreclosure, but i do know it was a b/c lender.

One thing i do know is that these people should have never been approved for a loan. They are in foreclosure now and have filed bankruptcy. It is truly amazing to me how people can get money lent to them.