To: JSteff
This should help the rate of foreclosures increase. Basically the government is helping them have a house instead of renting ---- but they won't have anymore into the house than they would have put into a rental --- and foreclosure won't be seen as a loss ---- many people desperately avoid foreclosure just because that down payment they made keeps them hanging on.
14 posted on
02/01/2004 12:57:30 AM PST by
FITZ
To: FITZ
"This should help the rate of foreclosures increase. Basically the government is helping them have a house instead of renting ---- but they won't have anymore into the house than they would have put into a rental "
You are right and I agree.
32 posted on
02/02/2004 9:43:09 PM PST by
JSteff
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