Sunday, May 17, 2009

WAR AGAINST FORECLOSURE

WAR AGAINST FORECLOSURE< STOP LENDERS IN THEIR TRACTS…….
REAL PEOPLE VS THE BANKS...ITS TIME FOR US AS US TO TAKE ACTION OURSELVES.THE BANKS ARE SPENDING THE BAILOUT MONEY INTENDED TO HELP US, LENDERS ARE REFUSING TO WORK WITH US.OUR HOMES ARE WORTH HALF WHAT WE OWE. THE ONLY WAY TO STOP FORECLOSURE IS FOR EVERYONE TO STOP PAYING HIS OR HER MORTGAGE. I MEAN EVERYONE... LETS SAY YOU BOUGHT YOUR HOME FOR 300,000 4 YEARS AGO. NOW ITS WORTH 150,000. THE DEFINITION OF A REALLY BAD FINANCIAL DECISION IS TO PAY FOR SOMETHING THATS ONLY WORTH HALF. WOULD YOU PAY 50,000 FOR A CAR THAT WAS WORTH 25,000? I DONT THINK SO. YES OF COURSE THEY WOULD FORECLOSE ON YOU or attempt to AND YOULL HAVE A MARK ON YOUR CREDIT. BUT SO WILL EVERYONE ELSE. AND YOU JUST SAVED 150,000. IF I WAS GOING TO SAVE 150,000 IF I GO RENT SOMETHING FOR THE TIME BEING THATS WHAT I WOULD DO. HOWEVER IF EVERONE STOPPED PAYING THERE MORTGAGE THEY WOULD HAVE NO CHOICE OTHER THAN TO LOWER BALANCE TO WHAT VALUE IS CURRENTLY. THATS ALL THEY WILL GET IF THEY SOLD IT AT THE COURT HOUSE. SO WHY WILL THEY NOT LOWER IT NOW? ILL TELL YOU, BECAUSE WE HAVE TO FORCE THEM!!! DONT BE SCARED. IT CAN TAKE UP TO TWO YEARS OR MORE TO FORECLOSE ON YOUR PROPERTY (ASK AN ATTORNEY) AND BY THEN YOU HAVE SAVED ENOUGH TO BUY A NEW HOME THAT COSTS EQUAL ITS VALUE.THE BANKS GOT US IN THIS MESS. LETS FORCE THEM TO GET US OUT. ... STAND UP FOR YOURSELF. I AM PUTTING TOGETHER A PETITION TO SEND TO OUR PRESIDENT ASKING FOR OUR GOVERNMENT TO FORCE LENDERS TO REDUCE ALL MORTGAGE BALANCES TO WHAT ITS WORTH. IN THE MEAN TIME STOP PAYING YOUR MORTGAGE.STOP THROWING MONEY AWAY...THIS IS THE ONLY WAY,I DON’T KNOW WHY NOBODY HAS THOUGHT OF THIS. THIS WILL REDUCE EVERYONES PAYMENTS AND MAKE IT EASIER TO SURVIVE IN THESE HARD TIMES. CONTINUEING TO THROW PEOPLE OUT ON THE STREETS, WHEN OUR BANKS ARE THE ONES THAT PUT US IN THIS POSSITION IS REALLY UPSETTING. WE CAN STOP IT. GO TO WWW.MEETUP.COM/LIVEINTODAY. SCROLL TO BOTTOM TO SEE LINK. SIGN PETTITION.