Friday, July 22, 2011

Lies and Deception ; Foreclosures

What the banks want you to believe and what is the truth are two worlds apart. The banks write an unsustainable, overinflated mortgage they know you cannot afford. You eventually default, they take the house, get paid on both ends with your deposit, their commission and a government bailout-our tax dollars, our money. The assesed evaluation is overinflated for tax purposes so the town can get more revenue through taxes, they never accurately portary the real market value. Thus they are taxing on pie in the shy figures, no reality involved at all. The bank forecloses, you lose your home to say nothing of the trauma you experience through their rude, cruse and abusive behavor, you lose your credit rating and become homeless. The local property tax revenes go down, property vales go down and the house sits, meanwhile the bank get their money through a government bailout, play the balme game and you suffer. Your the victim not the banks but they nake you out to be the criminal becuase they wrote the bad papaer, they based the value on nothing but ade up numbers, they get bailed out and you move. Turn this all around, you keep the house, rewrite the mortgage so you can afford the payments, the twon gets the taxes and the propoerty values will not suffer. We save billions if not trillions on governemnt bailouts, the banks are held accountable and they still make money.

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