To: Douglas County, GA. Board of Commissioners
Stop Home Foreclosures
We, the undersigned and citizens of Douglas County, GA, petition our Douglas County, GA, Board of Commissioners to create a 9-month Home Foreclosure Moratorium and to utilize a Non-Profit Neighborhood Stabilization Program to buy any and all home foreclosures that exist currently and/or occur in the future.
Why is this important?
The very large number of home foreclosures have reduced our home values by ~ 40% which has eliminated most, if not all, of our citizens' home equity, has precipitated 3 home property tax increases within 3 years, caused vacant and looted homes, increased crime, caused large budget cuts to our schools, etc. The actions requested in our Petition plus our non-profit's Foreclosure Prevention activities help from our Federal and Georgia Government Foreclosure Prevention Units will prevent and eliminate most of the pending, present, and future foreclosures in Douglas County. These actions have proven to be
very successful in doing that across the nation. When the Foreclosures are prevented and removed, our Home values will increase 40% or more and then the county can reduce our home property tax rates. As a result of our Home Values increasing by 30%-40%, 60% of our home owners will no longer owe more on their mortgage than their house is worth. All
their Home Equity will be restored + some. They'll be able to use their new-found home equity as they did before, i.e. for emergencies, to pay high cost medical bills, pay their kid's college tuition, consolidate their bills, buy "big ticket items" i.e. a boat, RV, new furniture, luxury vacation, etc. or be able to sell their home and use their equity to buy another one.
Please help us to make those things a reality for all of Douglas County homeowners by signing this Petition and getting everyone you know to do the same.
very successful in doing that across the nation. When the Foreclosures are prevented and removed, our Home values will increase 40% or more and then the county can reduce our home property tax rates. As a result of our Home Values increasing by 30%-40%, 60% of our home owners will no longer owe more on their mortgage than their house is worth. All
their Home Equity will be restored + some. They'll be able to use their new-found home equity as they did before, i.e. for emergencies, to pay high cost medical bills, pay their kid's college tuition, consolidate their bills, buy "big ticket items" i.e. a boat, RV, new furniture, luxury vacation, etc. or be able to sell their home and use their equity to buy another one.
Please help us to make those things a reality for all of Douglas County homeowners by signing this Petition and getting everyone you know to do the same.