Homeowners More Confused Than Ever Now.
If you were facing foreclosure would you agree that this decision by banks makes things even more bewildering? I have seen looking at several sources of information and the numbers aren’t good. Data seems to suggest that homeowners are more confused than ever much in part to the uncertainty caused by the decision of most major banks to stop foreclosure and review their procedures.
Any homeowner facing foreclosure would most importantly like to know by when they have to move out so they can plan accordingly. Knowing the move out date can be a relief of sorts because it’s almost like getting closure and you can also plan for it. I’m sure there’s nothing worse than to have to move out on short notice rather than being able to plan and save money to make the transition as smooth and painless as possible.
The one good thing homeowners facing foreclosure is that they’re gong to be able to stay in their homes for weeks or maybe up to months while this whole thing sorts itself out. Though the prospect of being able to stay in their homes bring some relief but the uncertainty of what the future will bring I’m sure is still keeping homeowners awake at night.
Uncertainty of where you’re going to live is one of the most gut wrenching feelings in life that no one should have to go through. I just hope that this issue will be resolved in a timely matter with a solution that will work for all parties involved.