Democracy Now! Friday, October 8, 2010 Calls are growing for a nationwide moratorium on home foreclosures following the recent revelations that major lenders may have committed fraud while forcing thousands of people out of their homes. On Thursday the White House announced President Obama will not sign a bill approved by Congress that could have made it easier for banks to foreclose. We discuss the latest in the foreclosure crisis with Ohio Secretary of State Jennifer Brunner. This week, Ohio filed a lawsuit accusing the lender Ally Financial and its GMAC Mortgage division of fraud in approving scores of foreclosures.
Jennifer and Pete were outgrowing their first condo and needed more space. Jennifer first contacted me in 2009 since she was casually researching the Toronto real estate market. I advised her to follow my monthly real estate market reports and my real estate newsletter to keep abreast of our market. When Jennifer was getting closer to actively looking, she attended one of our Home Buyer Seminars. Even though Jennifer had already purchased a condo previously, she thought that the seminar would prove valuable as a refresher course. Next I met Jennifer and Pete in a buyer consultation so I could better learn about their wants and needs and to further discuss the home buying process as it related to their personal situation. I learned that Jennifer and Pete wanted to look at as many condos as possible until they felt comfortable with the current real estate market. They also had a specific layout in mind to suit their lifestyle needs. Jennifer and Pete made it clear that they wanted to work with an agent who would be willing to take the time to get to know them and one who would not apply any pressure whatsoever. Ahhh….a match made in heaven!! During the showing process we had ongoing discussions about floor plans and design ideas to maximize their living space. Jennifer and Pete were really open with what their thoughts were about each home we were seeing. That was perfect because then I could understand exactly what my clients were thinking about each home we visited …
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