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• Archived Blog Post

  Date / Time: 3/18/2009 5:07 PM UTC

  Forest for the Trees
  

  Do you know the saying, “ It is hard to see the forest for the trees” ... 

   

  That is what seems just like our economy in particularly the housing market, it that no one seems to know where to start.  Although our course may be fun and an engaging learning method the current state of our economy is no game.  Since late 2006, 338 major lending operations have imploded and 77 FDIC banks and another 30 or more is scheduled to close this year and 10 million more homeowners are likely to face foreclosure.  It certainly seems that 2009 is shaping up to be the worst year in real estate since the great depression. 

   

  ...Whenever, we tell someone they are too close...we follow it up by saying, step back let’s take a look from a different perspective or from all  angles an arial view.  That’s all that I am teaching, let’s look at this from a different perspective, from all angles, an overview.  It is here that a healthy recovery can begin.  

   

  • Tags:
  • foreclosure
  • short sale
  • real estate
  • finance
  • modification
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