Homeowners Consumer Center Now Wants to Hear From Investors Who Tried to Buy an Unlisted Home Foreclosure Only to be Ignored by the Bank - What's Wrong with This Picture?

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The Homeowners Consumer Center now wants to hear from investors who tried to buy an unlisted home foreclosure in their neighborhood from a bank, or loan servicing company - only to end up being ignored. The Homeowners Consumer Center is conducting this initiative with the news media. According to the Homeowners Consumer Center, "The sixty four thousand dollar question is-why would a bank, or a loan servicing company sit on a home foreclosure for years, when their are local investors, who tried to buy the property-for market, or above market prices? We consider empty home foreclosures to be blights on many US neighborhoods, and now we want to hear from investors, who tried to buy a vacant home foreclosure in their city, town, or neighborhood-only to be ignored by the bank, or loan servicing company." Investors who have experienced a bank sitting on an empty home foreclosure for years are encouraged to contact the Homeowners Consumer Center with their information via the web sites contact page. http://HomeownersConsumerCenter.Com

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The sixty four thousand dollar question is-why would a bank, or a loan servicing company sit on a home foreclosure for years, when their are local investors, who tried to buy the property-for market, or above market prices

The Homeowners Consumer Center wants to hear from investors who have tried to buy a empty, or abandoned home foreclosure in their city, town, or neighborhood only to be turned down by the bank, or loan servicing company. The Homeowners Consumer Center is also encouraging bank loan servicing, or home foreclosure insiders to step forward if they possess proof their bank, or loan servicing company is needlessly sitting on empty home foreclosures so they can milk the investors out of monthly loan servicing fees. The group would be especially interested in hearing from bank, or loan servicing insiders if the homes in question are FHA, or VA home mortgages. For more information please contact the Homeowners Consumer Center via their web site at http://HomeownersConsumerCenter.Com

The Homeowners Consumer Center says, "A year ago we suggested the Obama Administration, and Congress enact legislation allowing investors to get a tax credit for buying home foreclosures. It would have been a huge boost for the economy. Needless to say - nothing happened. Now we are working with the news media to see how many investors are out there who are as frustrated, or puzzled by all of this as we are. We know of one instance an investor in Ohio made a $165,000 all cash offer on a neighboring vacant home two, and a half years ago. The home was a blight in the neighborhood. The home just went for $99,000 on a court house sale. Who wins on a deal like this? Contact us through our web site, and please let us know if as an investor, the same thing happened to you." http://HomeownersConsumerCenter.Com

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M Thomas Martin
Americas Watchdog 5
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