Foreclosure Fears

[ThePrezidentialbey]

IMPORTANT!!! Watch "A HOME FIT FOR ROYALTY"

[nicoya31]

I keep hearing that people are "losing their houses"....I keep wondering how one can own something if one hasn't fully paid for it? I just don't get this mentality which is behind this over-consumption mindset because it's all on credit, anyway....

[Keithurbanfanjjc13]

my dad works with rick i know him

[LouieFrias]

Great information! Thank you for helping educate people. Here's another resource to consider. FederalHomeLoanMods(dot)com

[ciro9]

"We the People" who do not have high paying jobs should be granted the right to borrow a low interest home mortgage loan based on income directly from the Federal Reserve Bank which should be nationalized for the people of our nation who for to long have been enslaved by bank's and lending institution's by high interest rates on money that they receive from the Federal Reserve Bank. Why shouldn't we & our families do the same?

[AMERICANSTEW5]

RON PAUL,

HE TOLD YOU SO!

[Anothercoilgun]

All those tips of the day in the end of this clip are good tips but at the same time not only common sense but what everyone already wants to do. Employers are not paying employees enough so that they can save 6 months of bills even if the bills are the cheapest of housing, cars, food, and cloths.

[CreditSecretsBible]

Very good. We believe many MANY banks do NOT work with homeowners because it is simply NOT in their best interest. These days anytime you have a bank, you usually have an insurance company right next to it. There is a reason WHY banks take back properties and then sell them to OTHER PEOPLE for as much as 40% LESS than what was owed by the mortgage holder in trouble... when, they could have just knocked 25% off the homeowners loan and avoided taking hte house back. Go research it...

[rolficus]

the reporter and host of this are larfing becouse theyr safe no worries theyll vote for bush all the way

[burzumaske20]

Lenders don't want to hear your story,my sister called about why the fuck is the interest rate so high still if it was suppose to lower 3 years later and the cunt at national city mortgage said right away well looks like we have to foreclose the house.They can't answer a question right in the first place.Also why work 3 or 4 jobs to pay for a house?Obviously making only 10 an hour isn't going to pay for shit.if you made 15 an hour and work an extra 5 to 10 hours,then there wont be any problems.

[Anothercoilgun]

$15 an hour! Are you kidding me. Try $20 to $23 an hour from two people in a household from California. Wait, you cannot thats right. The smallest house, the worst area, regardless, people were only presented with 300K starting prices when this bubble reached its max.

[burzumaske20]

one guy I work for which I am a school bus driver,his son switched to a school district making 16 an hour and he gets time in half and since he is going through a divorce he is working 20 extra hours including that 40 hours,with him doing that he is making 25 an hour easily

[burzumaske20]

california has it easier though with lower tax's compared to Chicago which is 10.5%.cali is easily what maybe 8.5%?Also people who live out in california make more money then people here in Illinois depending though,if it was chicago area,then those people are making double of what suburban people make here.

[DragonFly122]

"Don't sign anything without having a lawyer look at it"

[americanplanninginc]

I LOVE THIS VIDEO.ARTHUR ROBINSON

[292lift]

this is the real life......this guy hasall the solutions....talk to your lenders......thats bull crap....they dont care!!!!!if it was that easy and these lenders wanted to help.....there wouldntt be this many foreclosures....this is the usa.....screw the working man.....lets make the rich and wealthy more comfortable....and make it harder for the family thats struggling...

[japanz1984]

i'll never buy a home,not unless i have the full amount on it. i don't believe in paying mortgages.

[Anothercoilgun]

Great advice but in the USA this is very unamerican and almost impossible except for the rich.

[guitarsrule1]

We live in a predatory society, learn the rules and how things work before you leap.

[opiate18]

I really think that people who are losing their homes are LAZY BASTARDS. Oh BOOOOO HOOOO HOO... your mortgage is expensive- what did you expect?! Last I checked it isn't very hard to get a night job at the local quickie mart. Work 2-3- 4 jobs if that's what it takes to pay the bills. Stop being such lazy bitches and stop whining about the bills!

[deltaecho1]

and not sleep.

[largo2001]

No home IS NOT equal to being homeless.

You can Rent...

[Anothercoilgun]

The nation is dropping in employment. With that true statement, how are the people already being laid off going to increase their income? Or how can the majority of people increase income when there is no excess in jobs? Dopiate fool.

[xkittenfishx]

rick sharga is BAD ASS!!! gotta love that dude.

[lawbeat3]

This whole foreclosure crisis is based on the ignorance of the people. I know people who've educated themselves enough in law to save their homes just by knowing how to address and attack the process used against them in court. It's almost "easy." There was a group on the west coast doing it a ton a year ago, and now there are groups on the east coast doing it...very successfully. No one has to lose their home, EVER...it's a disgusting shame. But this is what happens in an ignorant country.

[nesnman]

Grow up people. If you can't afford it don't buy it. I own two homes and they are both paid for , but I did my homework and didn't listen to what the media told me about the market.

[DragonFly122]

I was suspicious of what the media told me about the housing market.

[nesnman]

Smart inverters never listen to the media.

[DragonFly122]

That's right. Be a lion, not sheep.

[EmmaBeelah]

Interesting that this was posted in 2006...

[nyuhwm]

i split out my answer for you to allow for character count.

for pharmacyiii hope i helped

[pharmacyiii]

If the owners of a foreclosure home worth $500,000 is seized by the bank because the owners default on $100,000 remaining, does that mean I only have to pay $100,000 and the $500,000 home becomes mine 100% legally?

[nyuhwm]

yes your right, unfortunately, people who would not be able to pay for a 100k mortgage can easily sell a house worth 500k for 450k or 400k, if they have 400k in equity, homes

[nyuhwm]

being foreclosed have 500k in combined mortgages and are worth 480k etc. as you see there are no bargains in foreclosures, if you are a serious buyer,

[nyuhwm]

with cash or excellent credit and proven income etc. you might be able to buy a 200k house for 150k, sure there were some overinflated prices a 500k house now selling for 400k this house in foreclosure you might be able to get for 350k etc. think a 5-10-15 percent discount, remember when people are foreclosed on they usually take there anger out on the house, fixtures, hopefully i just saved you a few thousand

[redviper101]

I've noticed a lot of white collar crime is paying off. Not many accountants are going to jail for cooking the books and not many lenders are going to jail for predatory lending practices.

[burro45]

YEAH FORECLOSURE,

[lopoex]

Freakin' chip board and knock on walls--it's HALLOW.And the price the're asking.IF enough people will say--we're NOT buying this junk for this PRICE.Then they will adjust their RIGHT PRICE.But.bec there's too many succers.need i say more!

[lopoex]

It does not take a genius to know why this is happening.Just look at the houses for sale.And the PRICE they are asking.And the deceptive bank who was quick to loan.Look at the MATERIAL of the house, and look at the price?ONLY an IDIOT would be SUCCER enough.

[davidbavid1]

Great video! Just a tip, you can learn how to flip foreclosure and pre-foreclosure at -- MyForeclosureTips( dot )com --. Make sure to you remove the spaces and parenthesis.

[pedrozbox]

Typical greedy americans. A country full of dishonety and scandel. Who would ever trust their govn't and private banks. This is what you get. If anyone doesn't like my comment. then FU. dont bother responding. Go read a non amercian book and get educated instead, dumb asses

[ForeclosureHelp2008]

...sounds like someone is jealous that they don't live in the US. :)

[Dionysius9]

In debt? Suffering a foreclosure? Work too hard not making ends meet and still wondering why? Discover the secrets why the rich get richer but the rest of us work like slaves. See google video "Money as Debt".

[quark97]

This only goes to show us that most modern history and modern economics sold to the unwashed masses by the secret ruling blood lines is pure Horse Hockey. See how deep the rabbit hole goes.You better do your home work, almost everything we think we know is a Big lie. Look into Edward Bernays on how to control the sheeple,info wars dot com, & cafr man dot com,Myron C Fagan & the CFR,Jordan Maxwell dot com

[favouritemartian]

Thomas Jefferson said, "If the America people ever allow private banks to control the issuance of

their currencies, first by inflation and then by deflation, the banks and corporations that will grow

up around them will deprive the people of all their prosperity until their children will wake up

homeless on the continent their fathers conquered."

[goodbyeforeclosure]

Click on my screenname and watch us stop foreclosure in our videos

[reveation12psalm83]

move to san antonio ask for joe garcia of caballero and associates realty 210-286-9289