foreclosures

Was it GOP policy or the foreclosures that caused the economic mess?
I see several people on here blaming GOP policy for the past couple of years for the mess we are in. Hate to say this, but the foreclosures were the driving force behind this problem.
Banks, thanks to the CRA, were forced to loan money to people who could not afford a house and they got into bad loans. Fannie and Freddie sold Govt Secured Mortgages that were worthless. So this all comes back to the problems of the mortgage loans.
Love how you guys still want to blame Bush for everything.
It was the foreclosures that put us in this economic mess. Of course it was liberals policies that made the foreclosures happen in the first place, but liberals have very short memories and it’s easier for them to blame Bush and republicans rather than accept responsibility for their own shortcomings.
“We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness.” Home ownership is not an unalienable right.
“We the People of the United States, in Order to form a more perfect Union, establish Justice, insure domestic Tranquility, provide for the common defence, promote the general Welfare, and secure the Blessings of Liberty to ourselves and our Posterity, do ordain and establish this Constitution for the United States of America.” It is not the Federal Government’s job to provide everyone with a house.
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Foreclosures – Short Sales Insider Guide – Buy Foreclosures, Become an Investor, Avoid Foreclosure $19.53 Foreclosures – Short Sales Insider Guide – Buy Foreclosures, Become an Investor, Avoid Foreclosure |
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How to Make Money on Foreclosures $11.49 A foreclosure purchase is a great way to buy property at below-market price, rent it out to others or fix it up and sell it for a profit. How to Make Money on Foreclosures covers everything from finding properties in foreclosure, to negotiating with sellers in financial distress, to reselling the properties with a healthy profit. Written from a real estate expert’s point of view, How to Make Money on Foreclosures gives valuable information regarding investing in real estate, keeping the profit and maybe even quitting your day job. |
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The 250 Questions Everyone Should Ask about Buying Foreclosures $6.74 The 250 Questions Everyone Should Ask about Buying Foreclosures |
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Making Money in Foreclosures $13.23 The bestselling coauthor of Investing in Real Estate reveals the secrets behind one of the hottest investment strategies available-foreclosed real estate REO (or bank-owned) foreclosures offer incredible profits-but you might be fearful of buying bad properties, or getting into bidding wars with other prospective buyers. This insider”s guide to buying and selling foreclosed property shows how to reduce the risk, find top properties, and rake in the profits. It”s an all-in-one handbook packed with professional secrets, such as where to find the best deals, when to make the smartest offer, and how to resell at the maximum price. Even in a fluctuating market, it”s one investment that really pays off. |
