Comments on: Finance: Avoid Foreclosure http://scorementors.wordpress.com/2008/07/09/finance-avoid-foreclosure/ A blog by the small business experts at SCORE, Counselors to America's Small Business Fri, 06 Nov 2009 17:54:19 +0000 http://wordpress.com/ hourly 1 By: Valances http://scorementors.wordpress.com/2008/07/09/finance-avoid-foreclosure/#comment-221 Valances Sat, 02 Aug 2008 04:31:24 +0000 http://scorementors.wordpress.com/?p=116#comment-221 Even though we are told of instances of foreclosure in terms of statistics, to so many, it’s a story of a family member or friend that they know. I’m not sure who to blame - the owner who could’ve taken different actions to avoid foreclosure or the banks and government who do such a poor job of keeping homeowners informed with all their small-print info. It’s a spiral where everyone is chasing and blaming someone else. But one thing that we all can agree on in difficult times like this is that it’s a downward spiral that is collectively drowning us as a whole nation that once was prosperous and less wounded. Even though we are told of instances of foreclosure in terms of statistics, to so many, it’s a story of a family member or friend that they know.

I’m not sure who to blame – the owner who could’ve taken different actions to avoid foreclosure or the banks and government who do such a poor job of keeping homeowners informed with all their small-print info.

It’s a spiral where everyone is chasing and blaming someone else. But one thing that we all can agree on in difficult times like this is that it’s a downward spiral that is collectively drowning us as a whole nation that once was prosperous and less wounded.

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