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Pages: real estate question! I am confused by the [1]
Author Topic: Real estate question! I am confused by the
Andromache

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Posts: 19

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2011-08-15 13-29-37

real estate question! I am confused by the foreclosure epidemic. It seems like a bunch of homes were foreclosed on all at once a few (or x) months ago and suddenly went on the market. Was that b/c all the loans came due in the same month? The houses lingering on the market still seem to be ones which have been on the market for months - no new ones seem to be coming on the market (and tons of homes are getting snapped up). So, did all the bad loans come due at the same time? or is it that after that wave of forclosures, banks decided to help people stay in their homes b/c it does not really help the banks to have scads of homes sitting on the market unsold? Or is it b/c the government stepped in - tho that was just last week. Please to explain.
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kanode

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Posts: 2

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2011-09-29 11-05-08

HoldingOut would be able to answer that She has no internet access though at present. We it 're-possession by the bank' in the UK and there's been a BIG increase lately. One reason why I'll be selling (fingers crossed) before I can no longer afford my payments
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2011-11-26 14-57-14

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    2012-01-13 11-50-27

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