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Bob Vila Offers Advice for Homeowners during the Mortgage Crisis

September 15, 2008
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BOSTON, Sept. 15 /PRNewswire/ — Home improvement expert and "sweat
equity" pioneer Bob Vila has been watching the mortgage crisis unfold with
dismay, particularly how it affects homeowners who have invested timeless
effort and energy on their home purchases.

"The dream of home ownership is shared by all Americans but lately has
become nearly impossible for many families," Vila says.

Two new articles on Bob Vila's popular Web site, BobVila.com, offer
advice during this tumultuous time. "The Mortgage Crisis: How It May Affect
You"
helps homeowners understand the current real estate market and the
role it plays in their mortgages, and "How to Avoid Foreclosure" provides
resources for assistance and steps to take if you are in danger of losing
your home.

As the country struggles to stabilize the housing crisis and stimulate
the economy, Vila proposes a call to arms. "The mortgage disaster isn't
like the weather—it's man-made!" he says. "It won't be reversed
overnight. Our government and business leaders must change direction by
putting together the best minds available and dumping the hacks and cronies
who have been running the show since the beginning of the new century. We
need new thinking and a return to good ethics."

Based in Boston, BobVila.com is the leading site for the do-it-yourself
community from the most trusted name in home improvement. "At Bob Vila.com, we've tried to take the mystery out of home improvement while promoting energy conservation, historic preservation and good design," Vila says. Content contains articles, how to videos with step by step instructions,
videos from Bob Vila shows, tips, a glossary of terms, blog, fix it guides,
podcasts and contests. Visitors can also participate in active user-driven
forums for advice and help from other homeowners.

For more information about real estate, home improvement, renovation
and more, visit http://www.bobvila.com.

SOURCE: BobVila.com
 
 

© 2008 BobVila.com


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