You must be a member and logged in to post


Register? | Lost Your Password?

Search Forums:


 






Wildcard Usage:
*    matches any number of characters
%    matches exactly one character

New Castle County Moratorium on Foreclosures for Taxes

Post

Julie Panaro

posts 9

9:33 am February 10, 2012

1

http://www2.nccde.org/newsdeta…..spx?ID=138

Much like the pre-foreclosure mediation measure, it seems to me if people cannot afford to pay, they cannot afford to pay.  I appreciate the efforts, but, doubt this, or the mediation program, will have a meaningful impact on the problem.

Any other thoughts?

Brian O'Neill

posts 65

7:24 am February 11, 2012

2

Two words:  Election Year.

Julie, I completely agree that neither program will be a long term success.  New industries with real jobs, on the other hand, will.  

I do applaud Mr. Clark's efforts to work with homeowners in crisis.  However, giving a complete pass simply because one owns and occupies a home is questionable if not discriminatory.  What about the rights of the neighbors who continue to look at the dilapidated house across the street?   What about the SMALL BUSINESS OWNER (politicians may use the phrase "speculative real estate investor") who is struggling and more importantly, the impact on his/her tenants?

In reality, this program will have a negligible effect compared to current practices.   Do a little forensic accounting on the past dozen sheriff lists and count the number of NCC tax sales with owner occupants that sold, confirmed and did not get redeemed. They can be counted on one hand if not one finger.  This is out of 300,000 or so NCC homes. 

 

JOBSJOBSJOBSJOBSJOBSJOBSJOBSJOBSJOBSJOBSJOBSJOBSJOBSJOBS



 

For Information about advertising on our website, Click Here!

Marquee Content Powered By eTDS TechnoSys.
Visit Our Plugin Community.