Obama Unveils $1.5 Billion In Housing Help

#2
#2
hopefully it will work as well as his forclosure plan where only 1 in 5 of people in troube qualified and 80% of those that did qualify went into forclosure anyway within 6 months.
 
#3
#3
Do we expect any differently? The Democratic method of operation has always been handouts to people in order to gain a dependency and thus the vote.
 
#4
#4
Last March I bought a HUD foreclosed house in a middle class neighborhood and spent $20K making it a home. So, I'm filling out my tax return and see this $5,000 credit for purchasers of foreclosures and think "Oh, boy!" Then I read to be eligible I cannot have owned a house for 3 years before this purchase. I rented for the previous 1.5 years, but since I owned a home before that, I get nothing. Actually, I did get a tiny "home insulation" break for replacing the exterior doors, but not all the interior doors. Seems like a lot of people take their foreclosure out on the house before the leave. I do feel sorry for them, if they lost their jobs then their homes. Man...
 
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