Mish's Global Economic Trend Analysis Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Mish's Global Economic Trend Analysis

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: SouthFloridaGuy who wrote (79330)	5/21/2008 7:09:42 PM
From: Jim McMannis	Read Replies (1) of 116555

Lonnnnnnnng Island...Take a ride on the short line, bring monopoly money... --------------------- Tours take buyers to foreclosed Long Island homes reuters.com NEW YORK (Reuters) - As foreclosed properties stack up in up-market areas of Long Island, New York, one company is capitalizing by taking potential buyers around the empty homes. Foreclosure tours have sprung up around the United States as more overextended borrowers fail to make monthly payments. U.S. home foreclosure filings jumped 23 percent in the first quarter from the prior quarter, according to real estate data firm RealtyTrac. One way to sell properties is to make life easier for potential buyers by ferrying them around in a tour bus. That's hard for people who had properties foreclosed, David Farrell, director of tourism of the Long Island Foreclosure Tours told Reuters TV, but banks need to get the assets off their books.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next