Foreclosure Persuasive Speech

Seeing other people reactions towards foreclosure helps me to develop a meaningful value of life and how to appreciate it everyday of my life. As I see what is going on around me I came up with three plans that can be executed to help all people who are dealing with foreclosure issues. This can become a major factor for the economy. One is called Own A Home , Financially Fit, and Bills To Kill. These are guaranteed plans that will help any individual that feels that they are not financially secured to become a homeowner. The Own A Home program is designed for aspiring homeowner in which they

Today, I am going to speak about the affordable housing in Pittsburgh .First let me tell about why the affordable housing is preferred. People who live in affordable housing today want safe, decent housing for the same reasons that we all do. The reasons are mainly to provide a nurturing environment to raise their children. Another reason is to remain in the community where they were raised or to become part of a community in which they want to settle. Finally, to live in an attractive, safe environment that they can afford. People who need affordable housing are ones that are employed as secretaries, school teachers, local government employees, restaurant workers and sales clerks. These workers need affordable housing because of the wide gap

Too many Americans have fallen victim to the crisis that has become the norm for our citizens these days. Lenders no longer want to work with individuals who have gone through the foreclosure process and for many it is not only their homes they lose. Some have lost their jobs and/or families, others fall into a deep depression and worst of all some have taken their own lives.

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Foreclosure in America has been a rising and prominent problem recently, and has destroyed many Americans hopes and dreams. Over 2.3 million homes were foreclosed in 2008, and an estimated four million homes will be foreclosed by the end of this year. Despite the efforts of many banks and lending companies, over half of homes will foreclose that have received their help. I believe that we have only started in the right direction in solving the foreclosure crisis. Giving money and lowering mortgage rates will help, but I believe we should find out why Americans are in this situation in the first place. We are being too stereotypical when we think the only reason someone is foreclosing is because of irresponsible payments or buying a home

The foreclosure crisis that took over the United States a few years ago left many people facing economic hardships. This crisis happened because there was a huge housing bubble that was unsupported by actual home values. The bubble began bursting in spring of 2008 and the crisis culminated in mid-2009. Many lenders went out of business and many home owners began losing their homes. When the government became aware of this problem and began to implement new programs, it was already too late for many homeowners. Those homeowners are not at a point where they might be considering buying a new home. The housing crisis has created new rules, regulations governing the mortgage industry, and has also created a new agency dedicated to consumer protection. This consumer protection agency is called the Consumer Finance Protection Bureau. These dramatic changes have helped to create more responsible lending. The improving market conditions such as low housing costs and competitive interest rates are allowing those affected by a foreclosure to become homeowners again. Prospective buyers have a multitude of programs available to them, so even those with less than clean slate have several options.

You asked why I charged you so much money to do the modification to your house when I charged Elizabeth and Daisy $500.00. You called me theft and that I fucked over you once again. I had to really stop to think. Why? Well I started searched my filed and found the modification documents and everything came back to me. The house had a foreclosure sale date. The attorneys were going to sell the house 15 to 30 days. You asked to help you but, I told you I would everything I could to stop the foreclose. The only thing a worked on for two week stop the foreclosure and then I worked on the modification. The modification took 3 months to get it approved.

I really didn’t know much about foreclosure. So I did some research. I asked many people of many different ages from eighteen to sixty-two. A lot of people said,“ Just pay the bill”, but that is often easier said then done. Some said they got in over their heads and were not able to get out. Some also said that their income and credit look good on paper but did not cut it when it came to paying their bills. Some told me their income had changed due to losing their jobs or having a spouse pass away. There are many circumstances that are out of people‘s control. Attempting to gain some control over the situation often is better than just praying that nothing bad will happen.

Owning that little home on the corner with the white picket fence and big oak tree in the front yard has always been the American dream, but for some unfortunate home owners hit by the recession and housing crisis several years ago, it now seemed more like a nightmare. Imagine, after years of hard work, finally having your very own home only to have it ripped out from under you through foreclosure or short sale. This very scenario happened to countless thousands in towns across the country.

Home mortgage refinancing is the point at which you bring a loan with better terms to supplant your past one that was no more working for you. On the off chance that you have developed some value in your home, and choose to renegotiate, you might find that you now have more cash to do the things you need, as go on vacation, redesign or notwithstanding for the child's school reserve. Home mortgage renegotiate rates are as of now low, and it is a decent time to get another home mortgage refinancing loan

Therefore, the lessons that we have learned is that a buyer needs to be fully informed on how the process actually works. I recall one former client who was wiser than most, and she had decided that despite what the bank told her what she could afford ($140K) , she searched for a home priced ($100K) so she could afford it on her own. Years later, she told me about her husband 's infidelity and sure enough he left their home within 14 months and she was stuck with the payments. Nevertheless, she made her payments and even though she was late several times, her resilience and determination paid off. She sold her house to a contractor for more than doubled its worth because of the two lots that the house was on. She had a success story.

Banks now offer programs to help homeowners/homebuyers, but many times, these loans are often hard to obtain. The current programs have more stringent requirements that are unreasonable for distressed homeowners. In my opinion, the only way to rectify the foreclosure issue is to make a substantial change in how potential homebuyers and homeowners obtain loans.

We've all seen those movies of those lazy individuals we call millennials. These people are often depicted as dependent individuals that are either living with their parents or renting some shady apartment. That's the question has been proposed whether or not are they justified in doing so. It is obviously easy to say that they have a right to do so, but can it be considered rational in the days we live in. Are their benefits from withholding to buying a house. And maybe even this could be the redefining of the new “American Dream.”

Analysis: But sometimes buying a house isn’t the best choice. It’s a long-term commitment that requires the homeowner to have a stable and secure job. If you default on your mortgage, for example being late on your payments or even missing payments the mortgage lender can take your home away. Then the lender can sell your home resulting as a foreclosure. Foreclosure also affects your credit making it harder or almost impossible to purchase a house in the future.

For example, using a leftover coffee can for loose nails or screws, or even washing and reusing a plastic zip-loc bag instead of throwing it in the garbage. Thrift shopping is a way of reusing someone else’s unwanted goods. As I spoke about in an earlier speech about thrifting, I included many locations and ways to thrift, also the benefits to the shopper and the donator. One place in particular was shopping at the local boys and girls club. I personally shop there, keeping my eyes open for a good deal. For example, the pair of jeans that I am wearing today was purchased from this store just a few months ago. I paid only $8.00 for this pair of Lucky Jeans and according to buckle.com, a retailer for lucky jeans the retail price is $99.00 that is a savings to me of $91.00.I am not the type to worry about name brands, but quality usually does cost more. If I can get a quality pair of jeans at a fraction on the price, I am glad to shop at the thrift store. I am thankful to the person that made the donation of the lucky jeans and they can benefit from that donation. According to the IRS webpage, IRS. Gov it explains that an individual can donate items like clothing, household furniture and furnishings, a car or boat, even taxidermy. The donations are appraised, by the donator, and recorded. At the time of filing taxes if the donation equals at least $500 for the year, the donator may take advantage of the