Responsibility

here we go again with big brother "helping us", the newest babble to spew out of Washington is that now we are going to make Short sales easier. well you may say that sounds like a good thing- IT DEFINITELY IS NOT!!!! now I will admit the process needs to be worked on, but to make it easier even if you are not behind or late, or really needing one is just plain stupid. When I got into real estate you could go to the bank on Monday talk with a rep and probably close on Friday and most people because they had to see the banker or live in the community didn't renege on the promise they made to pay back the money they borrowed, now we go through 2 months of intense scrutiny and then people close and then change their minds on responsibility - and yes we see people who say I am moving back - people aren't as friendly here or gas is high, or the grass is greener in Maryland- which not only affects the credit of the borrower but the rest of the neighborhood suffers- yeah they tell us appraisers don't take those into account but that's bull----, and now to make it easier and to say that the second lender and third lender will have no say in the short sale process and we will just hand out 6000 to the junior lenders - great more wasted money - just do away with it go right to foreclosure or deed in lieu of foreclosure - why try to save the credit everything is based now days on your credit but we keep encouraging people not to keep their promises - I guess that way we are more like the politicians that make promises- give the public more reasons to default.....