(425) 744-2229
EcoBroker providing the education and support for preserving and protecting my clients and the earth. Serving the Pre-foreclosure and Short Sales market in Snohomish and King county area of Washington state as a Certified Distress Property Expert.
I am annoyed beyond belief with the bailouts for the Financial Giants AIG especially. They are the ones who need a "market correction!" No business can operate on a failed model and survive. We are going to spend this money to rescue these financial groups and most will end up failing anyway. It is not about market correction or housing prices it is about the consumer mentality that has been so programmed into the average American. I still believe that if any businesses should be supported it should be the small business groups and yes any American manufacturing that we do still have left here on our own shores! Tighter qualifying for home purchases and tying any borrowed equity from a home back to direct maintenance or improvements to that same property is the “back to the future” concept that needs to be embraced. Homes are not ATM’s. A First time homeowner doesn’t need to have granite counters or stainless appliances to have a secure home. As a REALTOR® I am weary of the fear and false information that our media and other entities push at us. But foreclosures need to stop! Bad things happen to good people, Life happens at a unforeseen rate, stupid catch 22’s that encourage stupid behaviors need to removed (ie: can’t qualify for a loan because not behind in mortgage payments but can’t do a refi because of credit score here comes another foreclosure on the market!) or a person knows they are losing their job so starts to talk (or should I say tries to) their lender knowing they have a loan that will resetting but lender isn’t communicating so hey here comes another foreclosure! These are just two examples. While AIG gets fatter and Countrywide gets bailed hmmm Shame on US. Meanwhile us entrepreneurs are trying to do market analysis using foreclosures as the price point doesn’t work, markets overloaded with distressed homes brings down markets, appraisals and reduces the revenue for cities, counties, states and the nation. Let’s address the housing problem and plumbers, painters, roofers and car salesman will start making money again.
