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January 31, 2008
Forclosure Relief for Seattle?


Here is an article by Aubrey Cohen of the Seattle P.I. regarding Mayor Nickels’ forclosure relief package.

http://seattlepi.nwsource.com/business/349343_foreclosure31.html

My question is, is $5000 really going to keep a home owner out of foreclosure or just delay the innevitable?

I’m sure there are a few households that could benefit from this. I just hope the households are screened well so the money goes to people whom it can truely help and not just get thrown into the “foreclosure fire”.

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