What is News?

December 10, 2011

Foreclosures

It is beyond me how people who call themselves writers seemingly have no imagination about subject matter.

There are so many things to write about in the housing industry that it confounds me when I read repeated articles about old news.

Do we really need to understand that housing foreclosures are about to pick up and more inventory will be moving into the market?

Is it any news that the number of foreclosures has been kept artificially low because of legal entanglements between banks and government?

If you think this is news, I wonder where you have been.  Particularly if you are a resident of the US and have two eyes and ears.

This is the last time I will write about the expected upturn in the inventory of foreclosures unless it suits my warped sense of humor to do so.  And so here goes…

All of the legal issues surrounding improper foreclosures have essentially been resolved and there is now a clear path outlined nationally and in each state.

It goes something like this: if you enter foreclosure proceedings,  you better have all of your i’s dotted and your t’s crossed.  If you don’t,  you as a financial concern are going to have your ass kicked in court.

If you are a homeowner and you are facing foreclosure, you had better understand the entire process from front to back and be prepared to keep excellent records.

You had also better be prepared to send time sensitive responses to the appropriate person / entity without delay and to follow an appeal process to the letter.

If you don’t, you are going to get a smack down from a judge or from an attorney or arbitrator.  It is that simple.

Do not cry the blues, do not whine, do not pass go and do not collect $200.  Take care of your business.  If you plan to double down, remember that you may lose and that is how the game is played.

You know, just like kickball on the old playground.  Someone loses and someone wins.  It is how the game is played.

Here’s the original article…Foreclosures Fall 12 Straight Months

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