Your Mark On The World

#260: Some Facing Foreclosure Will Receive Helping Hand Instead

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Synopsis

July 10, 2015 - Read the full GoodCrowdinfo article and watch the interview here: http://bit.ly/1HiTOIQ. Subscribe to this podcast on iTunes by clicking here: http://bit.ly/ymotwitunes or on Stitcher by clicking here: http://bit.ly/ymotwstitcher. Matthew Sullivan is the founder and CEO of CrowdVenture, a company that is using the power of crowdfunding to help people stay in their homes, even when the homes are under water financially. Matthew explains: Every home has a heartbeat. Our aim is to demystify and democratise the investment process and give the wider community access to investments that deliver social benefits as well as solid returns. There are currently 821,275 properties in U.S. that are in some stage of foreclosure (default, auction or bank owned) while the number of homes listed for sale on RealtyTrac is 1,287,934. In May, the number of properties that received a foreclosure filing in U.S. was 1% higher than the previous month and 16% higher than the same time last year. Homeowners have bee