Jacksonville Real Estate Market

Jacksonville, Florida

Rockefeller And The Foreclosure Disaster We Are In

John D. Rockefeller is quoted as saying, “Every right implies a responsibility; Every opportunity, an obligation, Every possession, a duty.” A major possession when having attained the American Dream, is the single family home and over the past three years we have seen a massive number of foreclosures which certainly rocks the definition of “duty”. These foreclosures have had a serious ripple effect throughout our day to day lives and from reading the news reports related to law suits filed against banks for improper foreclosure proceedings and a host of other effects on families and the housing industry, it’s safe to predict that we have not seen the end of this mess nor the re-definitions of the word “duty”.

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