How to solve the Foreclosure problem - and do something good for our soldiers at the same time
By Jeff Martel
(Better Homes and Gardens Real Estate 43° North)
This morning I thought of an idea that may be worth thinking about. What if we create a program for Veterans of Iraq and Afghanistan where Soldiers receive access to Foreclosed homes. What I'm thinking we do as a country is this - Homes that are going into Foreclosure can be purchased with the TARP funds. Then returning soldiers get to purchase these homes at WELL below market value using a mortgage funded by the US government - in essence the Tax payers become equity partners in these homes. These soldiers would also receive the additional benefit of not having to make ANY payments for two years. They did an incredible job for our country - WE OWE THEM. Now, think about this - not only did our soldiers serve us well, they can now help to stabilize our country. By purchasing these homes...
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