Comments on: Foreclosure Glut Clogging Courtrooms; Will Obama Make it Better or Worse? http://www.biggerpockets.com/renewsblog/2009/02/19/foreclosure-glut-clogging-courtrooms-worse/ Learn, Network, Invest Sat, 11 Feb 2012 16:57:56 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Mr. Greenhttp://www.biggerpockets.com/renewsblog/2009/02/19/foreclosure-glut-clogging-courtrooms-worse/#comment-74855 Mr. Green Mon, 02 Nov 2009 16:54:03 +0000 http://www.biggerpockets.com/renewsblog/?p=4185#comment-74855 They say the "road to hell is paved with good intentions". Hopefully the world will brave out the end of the Mayan calender 2112. I anticipate there will be new industries will arise from the ashes as a phoenix from the fire. But I believe it's all a repetitive cycle as history has many a times showed us, which falls short of anyone's own merit, but more of an age of collectivism may be "yellow brick road".Regards. Mr. Green They say the “road to hell is paved with good intentions”. Hopefully the world will brave out the end of the Mayan calender 2112. I anticipate there will be new industries will arise from the ashes as a phoenix from the fire. But I believe it’s all a repetitive cycle as history has many a times showed us, which falls short of anyone’s own merit, but more of an age of collectivism may be “yellow brick road”.

Regards.
Mr. Green

]]> By: Suzettehttp://www.biggerpockets.com/renewsblog/2009/02/19/foreclosure-glut-clogging-courtrooms-worse/#comment-66089 Suzette Sat, 06 Jun 2009 17:32:52 +0000 http://www.biggerpockets.com/renewsblog/?p=4185#comment-66089 I believe Obama's plan will work. We have no other choice, but to help low and mid-income families to stay out of foreclosures. I believe Obama’s plan will work. We have no other choice, but to help low and mid-income families to stay out of foreclosures.

]]> By: Joshua Dorkinhttp://www.biggerpockets.com/renewsblog/2009/02/19/foreclosure-glut-clogging-courtrooms-worse/#comment-64023 Joshua Dorkin Fri, 20 Feb 2009 15:07:32 +0000 http://www.biggerpockets.com/renewsblog/?p=4185#comment-64023 Do we even know that the plan will work? We don't have enough details, do we? Even the country's largest banks are waiting to hear more about it before they decide what to do about their moratorium on foreclosures.What are your thoughts on the fact that the courts are going to get completely overrun? Do we even know that the plan will work? We don’t have enough details, do we? Even the country’s largest banks are waiting to hear more about it before they decide what to do about their moratorium on foreclosures.

What are your thoughts on the fact that the courts are going to get completely overrun?

]]> By: M Petronehttp://www.biggerpockets.com/renewsblog/2009/02/19/foreclosure-glut-clogging-courtrooms-worse/#comment-64021 M Petrone Fri, 20 Feb 2009 12:34:21 +0000 http://www.biggerpockets.com/renewsblog/?p=4185#comment-64021 That is a great question! However I think that overall it will be a benefit for the housing industry. With less foreclosures there should be more resources, although much stricter Im sure, to bailout homeowners who truly need it not just to save money due to low interest rates. It is hard to reward people who drink the water instead of carry it but I think it is a necessary burden this time around.<abbr><em>M Petrone’s last blog post: <a href="http://www.refinancingcondo.com/2009/02/3-tips-that-will-save-you-thousands-on.html" rel="nofollow">3 Tips That Will Save You Thousands On A Mortgage Refinance</a></em></abbr> That is a great question! However I think that overall it will be a benefit for the housing industry. With less foreclosures there should be more resources, although much stricter Im sure, to bailout homeowners who truly need it not just to save money due to low interest rates. It is hard to reward people who drink the water instead of carry it but I think it is a necessary burden this time around.

M Petrone’s last blog post: 3 Tips That Will Save You Thousands On A Mortgage Refinance

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