Are You In Competition with Local, State and Federal Government?

Competition is healthy when you are a consumer. It helps you to stretch your dollar and give you the right to demand a certain level of quality service in exchange for your hard earned money. On the flip side “big box” operations have swallowed up mom and pop stores from hardware to records shops, killing competition and affecting local economies.

Nowadays, “big box” competition has gone from retail and have impacted the real estate business. Mortgage brokers and foreclosure professional are the latest prey of “big box” or better yet “big brother”. Local government municipality are purchasing REO properties (bank owned foreclosure) using stimulus money. The FHA is directly funding loans using stimulus money to offer “low down payment” programs and money is circulating within a very tight circle, leveraging laws against the competition. There are also, ads from local, state and federal governments that indirectly label working as a foreclosure solutions provider as a “scams”, a new law that prevent upfront compensation for loan modification work, and an effort to streamline short sales directly between banks and realtors. Maybe “bigger is better”, but in this case big monopolies, mean bigger problem for smaller companies.

Advertisements

About Ask Chaashab

AskChaashab was created as a platform where conversations on the topics of business, real estate, mining, entertainment and spirituality can be discussed on a daily basis. Here at "Ask Chaashab" you will be able to hear personal views on the afore mentioned topics and have an opportunity to "Ask Chaashab" questions, network,as well as share you own thoughts and comment. Remember you can follow discussion by adding here or at Twitter: @askchaashab or Facebook: AskChaashab
This entry was posted in Uncategorized. Bookmark the permalink.

One Response to Are You In Competition with Local, State and Federal Government?

  1. viagra says:

    Every time I see blogs as good as this because I should stop bludging and start working on mine.Thanks

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s