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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 368.29

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Nov 7 4:00 PM EST

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To: TobagoJack who wrote (25728)	11/27/2007 8:07:05 PM
From: Ilaine	Read Replies (1) of 217592

It's not hard to prove you are the legal owner of a mortgage if it was properly recorded. Just dust off the title searchers who are gathering spiderwebs in the corner and get them to do a title bring-down to prove the chain. It costs about $125, or just train a first year law student to do your title searches and pay him peanuts. I would happily offer my first year law student son to the highest bidder. The thing is that lenders are not bothering because the borrowers don't want the house anyway. If they can't bring the mortgage current then they are playing a rear-guard game. The foreclosure lawyers are so overwhelmed by the avalance that they cut corners, but if forced to come up with evidence, in most cases they will be able to do it. After they pick off the low-hanging fruit, that is. One thing America has is lots of lawyers.

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