Continue reading "Foreclosure tour fi...

Continue reading "Foreclosure tour finds gains among the losses"

There are 2 comments on the story from Feb 24, 2008, titled Continue reading "Foreclosure tour finds gains among the losses". In it, reports that:

“My son and I want to get one or two more. I'm looking at it to help me retire early.”

Prospective buyers taking part in a foreclosure tour line up outside of their bus to view the second house on their list, 1561 Margaret Avenue SE in Grand Rapids on Saturday. via

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White Cloud, MI

#1 Mar 3, 2008
I blame the mortage companies banks and realators for this housing situation. People can be talked into anything and these institutions knew from experience exactly what these people could afford. When the ballon of the variable loan came up it would be all over from many.
When I was a young man we had to have 20% down in order to get a loan. Today if it were even 10% this situation would not have happened.
I have heard Realators (not many but some) make all kinds of ill promises to sell a house or condo. This should be treated like Fraud and these companies should have to pay large fines!
Shame on all those companies involved.
Along with this the Press prints an article about who is hurt by NAFTA one night and the next day they print an article about poverty in our public schools...what a joke. Wake up middle clas, if we still have one.....

White Cloud, MI

#2 Mar 3, 2008
Another Quesiton:
How is it that we have so much unemployment and poverty and yet the new Four Winds Casino can make 1 million dollars per day. This is only one Casino??????

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