Comments on: The Effects of Foreclosure: Problems and Solutions http://www.visionaryhomebuilders.org/the-effects-of-foreclosure-problems-and-solutions/ Building Homes, Strengthening Communities Mon, 16 Aug 2010 06:23:30 +0000 hourly 1 By: custom homes floor plans http://www.visionaryhomebuilders.org/the-effects-of-foreclosure-problems-and-solutions/comment-page-1/#comment-5188 custom homes floor plans Mon, 16 Aug 2010 06:20:22 +0000 http://www.visionaryhomebuilders.org/?p=504#comment-5188 I love to read this article. This is very superior post. Thanks I love to read this article. This is very superior post. Thanks

]]> By: Laura http://www.visionaryhomebuilders.org/the-effects-of-foreclosure-problems-and-solutions/comment-page-1/#comment-3817 Laura Fri, 20 Nov 2009 05:35:55 +0000 http://www.visionaryhomebuilders.org/?p=504#comment-3817 Exactly. My husband and I paid our mortgages on time, every month, until his hours in the hospitality field were dramatically reduced, and our income was slashed by 75%. A few weeks later, I lost my job due to budget cuts, and haven't found another even with months of proactive searching. We were sensible with the home we purchased, which is in many cases a "starter home", but yet, this article paints individuals facing foreclosure as irresponsible and neglectful. Quite the contrary-hardworking, responsible, and educated Americans are losing their homes simply because of job loss/hours reduction and can no longer pay. Exactly. My husband and I paid our mortgages on time, every month, until his hours in the hospitality field were dramatically reduced, and our income was slashed by 75%. A few weeks later, I lost my job due to budget cuts, and haven’t found another even with months of proactive searching. We were sensible with the home we purchased, which is in many cases a “starter home”, but yet, this article paints individuals facing foreclosure as irresponsible and neglectful. Quite the contrary-hardworking, responsible, and educated Americans are losing their homes simply because of job loss/hours reduction and can no longer pay.

]]> By: skoob http://www.visionaryhomebuilders.org/the-effects-of-foreclosure-problems-and-solutions/comment-page-1/#comment-3781 skoob Fri, 23 Oct 2009 15:48:34 +0000 http://www.visionaryhomebuilders.org/?p=504#comment-3781 Not a bad article but you lack the substance of the problem. At the end you mention investors and people who over extended themselves. Those people are not the problem of this crisis. The people who have lost their jobs and are losing their home by no fault of their own. The system we have in place needs to change from good people can afford to pay and losers can't afford to pay. This is a fundamental problem that leaves pride and ego running ram pet on our society and is causing families to fall. THis is the problem. Not a bad article but you lack the substance of the problem. At the end you mention investors and people who over extended themselves. Those people are not the problem of this crisis. The people who have lost their jobs and are losing their home by no fault of their own.

The system we have in place needs to change from good people can afford to pay and losers can’t afford to pay.

This is a fundamental problem that leaves pride and ego running ram pet on our society and is causing families to fall.

THis is the problem.

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