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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: Elroy Jetson who wrote (17357)2/16/2004 4:43:07 AM
From: Amy JRead Replies (1) of 306849
 
Hi Elroy, do they also have access to people's individual bank balances too, even if a person hasn't taken out a loan? Seems like a person's balance should be their own personal business. Are there no privacy laws? One engineer I know that paid cash for a house, had a hold placed on the purchase of his house so they could run a short investigation. They actually thought he might have been a drug dealer - because he paid in cash. The only thing he ever did wrong in his life, was work hard and save money. At least they were honest to him, about what they thought he might have been. He laughed it off. But I thought it was strange that it's so rare in this country for people to actually save money before they buy something, that they actually get investigated if they do.
Regards,
Amy J
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