People actually have a voice. Because of the quick communication over the internet etc. the general public can communicate and get things done.
I'm surprised at the Fox News view. They keep saying you won't be able to get a credit card. Which you shouldn't have anyway and businesses won't be able to finance operations.
When did it come about that you couldn't live without borrowing money?
I think the American people want the banks to say, "no" you can't have more money. We know we're living paycheck to paycheck because of our debt.
As long as people with good credit can get a mortgage, isn't that all we need.
My first thought is that people and corporations took too much risk and deserve the repercussions. Even as a Real Estate agent, I'd rather let capitalism work out the kinks than the government.
If we lived in a socialist country, it would be ok to take money from the responsible people and give it to the irresponsible. Isn't that what this is?
It was bad when corporations started owning local Real Estate because they have so many rules, it's hard to get a house sold that's been foreclosed on.
If the government owns the foreclosures, might it not take 6 months to get a property to the closing table after we follow all of their regulations? This means they'll have to take less for the property because only investors will be willing to put up with that.
I could be wrong about all of this.... What do you think??
In Maine, a lot of towns have been reevaluating properties after the Real Estate Boom of the past few years and adjusting mill rates. If your town has recently reevaluated your property, make sure it's fair. I've stumbled across quite a few properties that towns have overvalued. This means that as the homeowner you will be paying more property tax.
Towns have different processes for challenging the town evaluation, but there usually is one. If they won't cooperate, the State of Maine has a process.
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