The Forgiveness Act for Home Owner's is good for America, good for families, Restores the value of Home Ownership and stablizes the housing market without Government Funding.
Why is this important?
The Forgiveness Act 4 Homeowner's Who Lost Their Homes during the Economic Crisis will have their discharge from either a Short Sale, Foreclosure or Bankrupcy during 2004-2012 "forgiven" this opens up 2-3 Million home buyer's who will jump start the housing market and get them and their families back into home ownership. These Home Buyer's need to qualify on all other levels, debt to ratio, downpayment, income qualify. Simply put, this will stablize the housing market, absorp inventory and it supports related housing markets of: Mover's, Insurance, Title Companies, Appraiser's, Lawyer's, REALTOR's, Home Improvement, etc.
