CONA (Sarasota County Council of Neighborhood Associations, Inc.) hosted Foreclosure Mess 101 on September 10, 2012 at the Sarasota Garden Club in Sarasota, Florida.
The guests speaking at the program were, Matt Weidner and April Charney, both are attorneys at the forefront of the foreclosure mess. Although this is an uncomfortable topic that many think is unrelated to them, few in our communities are unaffected by the current issue of foreclosures.
All around us are homes that have lost value, neighborhoods swimming in a rising sea of foreclosures, personal struggles dealing with threatened foreclosure, condominiums threatened financially, politicians whose constituents are affected, attorneys whose practice of law includes clients seeking advice and defense, and judges who must hear the cases. All taxpayers are carrying an added burden to provide the shared expenses of our local governments.
The foreclosure mess is wreaking havoc on our economy. The titles to properties acquired or refinanced since the late 1990s now are flawed. Clear title to them is likely impossible to establish. Even those managing to arrange for modification of their problem loans may not have clear title to those properties if the mortgage is paid off and, a debt may remain nonetheless as well. The implications of that reach endlessly into the future. This may be one of the most important issues arising out of the financial catastrophe that began in the early 2000s.
This video is an attempt to lay a foundation for understanding of the very complex problem. April Charney and Matt Weidner and the others involved with this production are committed to increasing awareness of the problem and seeking solutions. More programs are planned. Foreclosure Mess 102 is next, stay tuned.
Foreclosure Mess 101 was planned, organized, and moderated by Kafi Benz, a director of CONA, video-taped by Michael Woodward, and edited by Will Franco aka Flywheel.
Although content and description are copyright (c) 2012 by Kafi Benz, links to the video may be distributed freely.