On Sunday, September 7, 2008, the U.S. Government put loan giants Freddie Mac and Fannie Mae under its conservatorship. This event has been met with strong optimism and pessimism from all sides, and it is still unclear exactly what will happen because of this change.
However, one point that seemingly all sides agree on is that foreclosure rates are on the rise. Even if the Federal takeover does improve the situation, the shift in foreclosure rates will not be instantaneous.
BGS3 has been fighting the increase of foreclosure rates in America ever since the launch of Program 3648. Regardless of whether Freddie Mac and Fannie Mae are owned by the government or private investors, the simple truth is that foreclosures all across the nation must be prevented to the benefit of all parties involved; this has been the goal of BGS3 all along. BGS3's Certified Program 3648 Representatives are continuing to assist troubled homeowners at no cost to them, short-selling homes to buyers at prices that keep the market moving, and minimizing losses for banks that would otherwise have no choice but to foreclose on the properties.
This historic change serves as proof that the increase in foreclosures is a serious problem that must be stopped. That is why BGS3 is proud to create a win-win situation assisting Realtors, homeowners, banks, homebuyers, and the economy. As it becomes clearer what the real ripple effect of the bailout will be, BGS3 will make sure to post it here.
In addition to updates, the BGS3 blog also serves as an opportunity for feedback from you, the reader. BGS3 often receives messages from raving fans, and will occasionally use the BGS3 blog to post comments and testimonials.
"I have really enjoyed my working relationship with BGS3 and considered many negotiators before choosing one to align my business with. They really seem to have the best interest of the home owner in mind and their goal is as much (if not more) about keeping the home owner out of foreclosure as it is about making money. As this business changes, they have been flexible in my requests to them and are open to new ideas and business models. They email me back right away when I have questions and I always seem to have a lot of them. They have been a joy to work with and I look forward to building my business with them."
-Ellen Muzzio
VIDEO: http://www.bgs3.com/realtors.html
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