Foreclosure Help | Plantation Florida

$25 billion in Foreclosure Payouts seems like it will really help homeowners, but will it ?
750,000 people who have already lost their homes  will get the magnificent sum of $1800 to  $2,000 each.  Too little, too late is a huge understatement.
A principal reduction of around $20,000 is expected to go to another one million homeowners who are underwater.   How many homeowners in south Florida are only underwater by such a small amount?
If you are  facing foreclosure will that help you?   A very small percentage of homeowners is going …

The Foreclosure Crisis might finally reach its peak this year, after 4 years of continuous foreclosures.
In 2010 a record 2.87 million properties received “Notices of Default” Auction or Possession notices.  More than one million homes were taken back by the banks.
Since the boom ended in 2006, about three million homes have been foreclosed by the banks.  There could be another three million foreclosures by 2013, by which time the market may have finally absorbed most of the distressed properties.
Realty Trac estimates that there are still …