Real Estate Latest Blog

January 30th, 2009

Bailout – Naaah!

repoPeople have been reveling since the bailout bill was passed and the President has said and reiterated that his administration is out to help the American public, one problem, no bailout funds actually getting out. What, there is in fact a long process to get all the cash out to the millions of people who need them to stem foreclosure on their properties and having no other option, they turn to foreclosure rescue companies who are out for big bucks. The situation according to one expert is like having a shark where the blood is and that’s what is really happening. These rescue companies take your money and are never heard of again.
People have complained that these firms simply disappear when they have finished their job, which is nice for they have after all prevented you from losing your home but what happens after that still fails and the funds are still not there to help you, who knows.


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