Friday, July 17, 2009

Postponing the Inevitable?

The county is postponing sheriff's sales while working on a mortgage program that will supposedly help homeowners keep their homes.

But it will be interesting to see just how many of the people are actually able to keep their homes as opposed to simply postponing the inevitable.

A similar program supposedly worked in Philadelphia. It is said to have prevented the sale of 1400 homes. But how many of those people will still be in those houses come next summer?

The success of any program will have to be measured by the number of people it helps stay in their homes for more than just a short time.

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