Dan Jenson

I have been hearing several different commercial lately related to forclosures. I have heard some programs to call and get free information about buying foreclosed homes. Make big money from buying distressed real estate from home owners that have lost it tot he mortgage companies.

When I hear commercials like these the first thing I think about these days is that it is a sign of the times, there really are a lot of foreclosed homes out there in the market, and there are also many homes that will start to sell for less because the market is not doing well these days. I also think about how many american homes are distressed and falling into disrepair. With money tight many people are not spending that money into fixing up their homes. This will certainly affect home depot, lows and other similar businesses.

This is also bad for the moral of the country and will continue to erode the values of the neighborhoods everywhere. We need more more money to flow into the pockets of the people. I look forward to a day when everyone had plenty of money to keep their homes, cars, and lives in general in good repair.

Oh, back to the commercials, I also wonder if the commercials are for little shadow companies that are in business to help move some fo the properties since many of the banks are seeing a serious influx in the real estate that is being devalued that they now own.  Just a few thoughts.